NYSE:PVTL - Pivotal Software Stock Price, News & Analysis

Pivotal Software trades on the New York Stock Exchange (NYSE) under the ticker symbol "PVTL."

Pivotal Software (NYSE:PVTL) released its earnings results on Tuesday, June, 4th. The company reported ($0.03) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.05) by $0.02. The firm earned $185.72 million during the quarter, compared to analyst estimates of $184.12 million. Pivotal Software had a negative net margin of 20.53% and a negative return on equity of 10.67%. The business's revenue was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.10) EPS. View Pivotal Software's Earnings History.

Pivotal Software is scheduled to release their next quarterly earnings announcement on Wednesday, September 4th 2019. View Earnings Estimates for Pivotal Software.

Pivotal Software will be holding an earnings conference call on Wednesday, September 4th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Pivotal Software issued an update on its FY20 earnings guidance on Tuesday, June, 4th. The company provided earnings per share (EPS) guidance of $(0.15)-(0.13) for the period, compared to the Thomson Reuters consensus estimate of ($0.14). The company issued revenue guidance of $756-767 million, compared to the consensus revenue estimate of $802.53 million.

11 equities research analysts have issued 1 year target prices for Pivotal Software's shares. Their forecasts range from $12.00 to $28.00. On average, they expect Pivotal Software's share price to reach $19.3333 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price. View Analyst Price Targets for Pivotal Software.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pivotal Software in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pivotal Software.

Press coverage about PVTL stock has been trending positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pivotal Software earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Pivotal Software.

Some companies that are related to Pivotal Software include Tableau Software (DATA), Symantec (SYMC), Paycom Software (PAYC), Citrix Systems (CTXS), SS&C Technologies (SSNC), Temenos (TMNSF), The Ultimate Software Group (ULTI), Tyler Technologies (TYL), Black Knight (BKI), UBISOFT ENTMT S/ADR (UBSFY), Alteryx (AYX), Coupa Software (COUP), HubSpot (HUBS), Ceridian HCM (CDAY) and Mongodb (MDB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pivotal Software investors own include Alibaba Group (BABA), Cisco Systems (CSCO), IQIYI (IQ), NVIDIA (NVDA), Square (SQ), Netflix (NFLX), Zscaler (ZS), Advanced Micro Devices (AMD), Docusign (DOCU) and Micron Technology (MU).

(PVTL) raised $555 million in an initial public offering (IPO) on Friday, April 20th 2018. The company issued 37,000,000 shares at $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs and Citigroup acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Credit Suisse, RBC Capital Markets, UBS Securities, Wells Fargo Securities, KeyBanc Capital Markets, William Blair, Mischler Financial Group, Samuel A. Ramirez, Siebert Cisneros Shank and The Williams Capital Group were co-managers.

Pivotal Software's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.50%), Nan Shan Life Insurance Co. Ltd. (1.48%), TimesSquare Capital Management LLC (1.07%), First Trust Advisors LP (1.01%), Wells Fargo & Company MN (0.96%) and BlackRock Inc. (0.68%). Company insiders that own Pivotal Software stock include Andrew M Cohen, Cynthia Gaylor, Edward Hieatt, Onsi Fakhouri, Robert C Mee, Scott Yara and William Cook. View Institutional Ownership Trends for Pivotal Software.

PVTL stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Morgan Stanley, Jane Street Group LLC, TimesSquare Capital Management LLC and Bank of America Corp DE. Company insiders that have sold Pivotal Software company stock in the last year include Andrew M Cohen, Cynthia Gaylor, Edward Hieatt, Onsi Fakhouri, Robert C Mee, Scott Yara and William Cook. View Insider Buying and Selling for Pivotal Software.

PVTL stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Vanguard Group Inc., BlackRock Inc., Renaissance Technologies LLC, Man Group plc, Primecap Management Co. CA, D. E. Shaw & Co. Inc. and Sarasin & Partners LLP. View Insider Buying and Selling for Pivotal Software.

Shares of PVTL 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 PVTL stock can currently be purchased for approximately $14.88.

Pivotal Software has a market capitalization of $4.05 billion and generates $657.49 million in revenue each year. The company earns $-141,900,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis. Pivotal Software employs 2,949 workers across the globe.View Additional Information About Pivotal Software.

The official website for Pivotal Software is http://www.pivotal.io/.

Pivotal Software's mailing address is 875 Howard Street Fifth Floor, San Francisco CA, 94103. The company can be reached via phone at 415-777-4868 or via email at [email protected]