CommVault Systems Stock Price, News & Analysis (NASDAQ:CVLT)

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

CommVault Systems declared that its board has approved a stock buyback plan on Thursday, January 25th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) posted its quarterly earnings data on Tuesday, July, 30th. The software maker reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. The software maker had revenue of $162.20 million for the quarter, compared to analysts' expectations of $170.53 million. CommVault Systems had a return on equity of 6.57% and a net margin of 0.76%. The firm's revenue was down 7.9% on a year-over-year basis. During the same period last year, the firm posted $0.36 EPS. View CommVault Systems' Earnings History.

CommVault Systems is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for CommVault Systems.

CommVault Systems will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 analysts have issued 12 month target prices for CommVault Systems' stock. Their forecasts range from $50.00 to $67.00. On average, they anticipate CommVault Systems' stock price to reach $60.40 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price. View Analyst Price Targets for CommVault Systems.

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

News coverage about CVLT stock has trended negative recently, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CommVault Systems earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news headlines about the software maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for CommVault Systems.

CommVault Systems saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,820,000 shares, an increase of 9.6% from the August 30th total of 1,660,000 shares. Based on an average trading volume of 503,800 shares, the short-interest ratio is presently 3.6 days. Currently, 4.4% of the shares of the stock are short sold. View CommVault Systems' Current Options Chain.

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

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), Gran Tierra Energy (GTE) and Precision Drilling (PD).

CommVault Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include Horrell Capital Management Inc. (0.14%), Cambiar Investors LLC (0.10%), Envestnet Asset Management Inc. (0.04%), Pacer Advisors Inc. (0.03%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and Assenagon Asset Management S.A. (0.02%). 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, 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 Cambiar Investors LLC, Envestnet Asset Management Inc., Meeder Asset Management Inc. and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Gary B Smith, Gary Merrill and N Robert Hammer. View Insider Buying and Selling for CommVault Systems.

CVLT stock was purchased by a variety of institutional investors in the last quarter, including Horrell Capital Management Inc., Pacer Advisors Inc., Assenagon Asset Management S.A., State of Alaska Department of Revenue and Nisa Investment Advisors 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 $45.67.

CommVault Systems has a market capitalization of $2.06 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]