NASDAQ:CVLT - CommVault Systems Stock Price, Forecast & News

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

CommVault Systems, Inc. (NASDAQ:CVLT) announced its quarterly earnings data on Wednesday, January, 29th. The software maker reported $0.47 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.07. The software maker earned $176.35 million during the quarter, compared to analysts' expectations of $172.72 million. CommVault Systems had a positive return on equity of 5.68% and a negative net margin of 2.44%. The company's quarterly revenue was down 4.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.54 EPS. View CommVault Systems' Earnings History.

CommVault Systems is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for CommVault Systems.

4 analysts have issued 1-year price targets for CommVault Systems' stock. Their forecasts range from $55.00 to $67.00. On average, they expect CommVault Systems' stock price to reach $60.25 in the next year. This suggests a possible upside of 17.0% from the stock's current price. View Analyst Price Targets for CommVault Systems.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CommVault Systems.

Headlines about CVLT stock have trended extremely negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CommVault Systems earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for CommVault Systems.

CommVault Systems saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,920,000 shares, an increase of 26.4% from the January 15th total of 2,310,000 shares. Based on an average trading volume of 441,600 shares, the short-interest ratio is presently 6.6 days. Currently, 7.0% of the company's stock are short sold. View CommVault Systems' Current Options Chain.

Some companies that are related to CommVault Systems include Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), VMware (VMW), Fortinet (FTNT), Symantec (SYMC), Proofpoint (PFPT), Qualys (QLYS), Progress Software (PRGS), TiVo (TIVO) and FalconStor Software (FALC).

Based on aggregate information from My MarketBeat watchlists, some companies that other CommVault Systems investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Transocean (RIG) and Express (EXPR).

CommVault Systems' stock is owned by a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (5.37%), State Street Corp (2.83%), AQR Capital Management LLC (1.92%), Goldman Sachs Group Inc. (1.83%), Jacobs Levy Equity Management Inc. (1.39%) and Prudential Financial Inc. (1.30%). Company insiders that own CommVault Systems stock include Al Bunte, Brian Carolan, Gary B Smith, Gary Merrill, James J Whalen, N Robert Hammer, Robert F Kurimsky, Ronald L Miiller and Vivie Lee. View Institutional Ownership Trends for CommVault Systems.

CVLT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Public Employees Retirement Association of Colorado, FMR LLC, Goldman Sachs Group Inc., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Charles Schwab Investment Management Inc. and AQR Capital Management LLC. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Brian Carolan and James J Whalen. View Insider Buying and Selling for CommVault Systems.

CVLT stock was purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Renaissance Technologies LLC, SG Capital Management LLC, Acadian Asset Management LLC, Jacobs Levy Equity Management Inc., Madison Asset Management LLC, Cubist Systematic Strategies LLC and Cove Street Capital LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of CVLT stock can currently be purchased for approximately $51.48.

CommVault Systems has a market capitalization of $2.40 billion and generates $710.96 million in revenue each year. The software maker earns $3.56 million in net income (profit) each year or $0.60 on an earnings per share basis. CommVault Systems employs 2,559 workers across the globe.View Additional Information About CommVault Systems.

The official website for CommVault Systems is http://www.commvault.com/.

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]