Pivotal Software Stock Price, Forecast & Analysis (NYSE:PVTL)

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

Pivotal Software (NYSE:PVTL) issued its earnings results on Wednesday, September, 4th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.04. The company earned $193 million during the quarter, compared to analysts' expectations of $186.50 million. Pivotal Software had a negative net margin of 18.66% and a negative return on equity of 9.92%. The business's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.06) EPS. View Pivotal Software's Earnings History.

Pivotal Software is scheduled to release their next quarterly earnings announcement on Tuesday, December 10th 2019. View Earnings Estimates for Pivotal Software.

11 analysts have issued 1 year price objectives for Pivotal Software's shares. Their forecasts range from $12.00 to $24.00. On average, they anticipate Pivotal Software's share price to reach $17.33 in the next year. This suggests a possible upside of 15.5% 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, 8 hold ratings and 2 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 very negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog 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. Pivotal Software earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Pivotal Software.

Pivotal Software saw a drop in short interest in October. As of October 31st, there was short interest totalling 3,570,000 shares, a drop of 39.4% from the September 30th total of 5,890,000 shares. Based on an average daily volume of 3,820,000 shares, the days-to-cover ratio is presently 0.9 days. Approximately 4.3% of the company's shares are short sold. View Pivotal Software's Current Options Chain.

Some companies that are related to Pivotal Software include NortonLifeLock (NLOK), Atlassian (TEAM), SS&C Technologies (SSNC), Tableau Software (DATA), Citrix Systems (CTXS), Symantec (SYMC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Okta (OKTA), Paycom Software (PAYC), Twilio (TWLO), Datadog (DDOG), Docusign (DOCU), Crowdstrike (CRWD), Tyler Technologies (TYL) and Temenos (TMNSF).

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

(PVTL) raised $555 million in an 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 served 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 retail and institutional investors. Top institutional investors include Nan Shan Life Insurance Co. Ltd. (0.85%), Gabelli Funds LLC (0.62%), GABELLI & Co INVESTMENT ADVISERS INC. (0.48%), ARP Americas LP (0.37%), Alberta Investment Management Corp (0.18%) and Gamco Investors INC. ET AL (0.11%). 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 Nan Shan Life Insurance Co. Ltd.. 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 purchased by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, GABELLI & Co INVESTMENT ADVISERS INC., ARP Americas LP, Alberta Investment Management Corp, Gamco Investors INC. ET AL, SG Americas Securities LLC, Harvest Management LLC and California Public Employees Retirement System. 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, Robinhood, Fidelity and Charles Schwab.

One share of PVTL stock can currently be purchased for approximately $15.01.

Pivotal Software has a market capitalization of $4.13 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]