NASDAQ:CVLT - CommVault Systems Stock Price, Price Target & More

CommVault Systems trades on the NASDAQ under the ticker symbol "CVLT."

CommVault Systems declared that its board has initiated a share buyback program on Thursday, January 25th 2018, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) posted its earnings results on Tuesday, May, 1st. The software maker reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.33 by $0.02. The software maker earned $184.90 million during the quarter, compared to analysts' expectations of $187.01 million. CommVault Systems had a negative return on equity of 0.12% and a negative net margin of 8.85%. The company's revenue was up 10.9% compared to the same quarter last year. During the same period last year, the company earned $0.29 EPS. View CommVault Systems' Earnings History.

CommVault Systems is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for CommVault Systems.

11 brokers have issued 1-year price targets for CommVault Systems' stock. Their predictions range from $67.00 to $85.00. On average, they expect CommVault Systems' stock price to reach $75.10 in the next year. View Analyst Ratings for CommVault Systems.

CommVault Systems saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,404,576 shares, an increase of 35.2% from the May 15th total of 1,039,218 shares. Based on an average daily trading volume, of 336,759 shares, the days-to-cover ratio is presently 4.2 days. Currently, 3.4% of the shares of the stock are sold short. View CommVault Systems' Current Options Chain.

Some companies that are related to CommVault Systems include Cadence Design Systems (CDNS), UBISOFT Entmt S/ADR (UBSFY), Veeva Systems (VEEV), PTC (PTC), Temenos Group (TMNSF), Momo (MOMO), Nutanix (NTNX), Docusign (DOCU), Tyler Technologies (TYL), The Ultimate Software Group (ULTI), Tableau Software Inc Class A (DATA), Black Knight (BKI), Trend Micro (TMICY), Micro Focus International (MFGP) and Guidewire Software (GWRE).

Media stories about CVLT stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CommVault Systems earned a daily sentiment score of 0.03 on Accern's scale. They also assigned news stories about the software maker an impact score of 43.84 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

CommVault Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.75%), ELLIOTT ASSOCIATES, L.P. (10.30%), ELLIOTT ASSOCIATES, L.P. (10.30%), ELLIOTT ASSOCIATES, L.P. (5.00%), Champlain Investment Partners LLC (3.21%) and ETF Managers Group LLC (2.16%). Company insiders that own CommVault Systems stock include Al Bunte, Armando Geday, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, N Robert Hammer, Robert F Kurimsky and Ronald L Miiller. View Institutional Ownership Trends for CommVault Systems.

CVLT stock was sold by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, OppenheimerFunds Inc., Thrivent Financial for Lutherans, JPMorgan Chase & Co., Westfield Capital Management Co. LP, Champlain Investment Partners LLC, Broadview Advisors LLC and Engineers Gate Manager LP. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Armando Geday, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, N Robert Hammer and Robert F Kurimsky. View Insider Buying and Selling for CommVault Systems.

CVLT stock was purchased by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, Mesirow Financial Investment Management Equity Management, Point72 Asset Management L.P., Toronto Dominion Bank, Caisse DE Depot ET Placement DU Quebec, Natixis, Wells Fargo & Company MN and Prudential Financial Inc.. View Insider Buying and Selling for CommVault Systems.

Shares of CVLT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CVLT stock can currently be purchased for approximately $69.10.

CommVault Systems has a market capitalization of $3.22 billion and generates $699.39 million in revenue each year. The software maker earns $-61,900,000.00 in net income (profit) each year or ($0.59) on an earnings per share basis. CommVault Systems employs 2,839 workers across the globe.

CommVault Systems' mailing address is 1 COMMVAULT WAY, TINTON FALLS NJ, 07724. The software maker can be reached via phone at 732-870-4000 or via email at [email protected]