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 of Directors has initiated a stock buyback plan on Thursday, January 25th 2018, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) released its earnings results on Tuesday, July, 30th. The software maker reported $0.03 EPS for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.02. The software maker earned $162.20 million during 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 for the quarter was down 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 Wall Street analysts have issued 1 year price objectives for CommVault Systems' stock. Their predictions range from $50.00 to $67.00. On average, they expect CommVault Systems' share price to reach $60.40 in the next year. This suggests a possible upside of 32.5% 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.

Media headlines about CVLT stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CommVault Systems earned a coverage optimism score of -1.5 on InfoTrie's scale. They also assigned news headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely 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 daily trading volume, of 503,800 shares, the days-to-cover 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 Dropbox (DBX), PTC (PTC), Momo (MOMO), UBISOFT ENTMT S/ADR (UBSFY), Trend Micro (TMICY), Mongodb (MDB), HubSpot (HUBS), Ceridian HCM (CDAY), Konami (KNMCY), Alteryx (AYX), SolarWinds (SWI), RealPage (RP), Elastic (ESTC), Anaplan (PLAN) and Medidata Solutions (MDSO).

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 many different of retail and institutional investors. Top institutional shareholders 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 acquired 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 $45.60.

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]