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

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

Pivotal Software (NYSE:PVTL) issued its quarterly earnings data on Tuesday, June, 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.05) by $0.02. The company had revenue of $185.72 million for the quarter, compared to the consensus estimate of $184.12 million. Pivotal Software had a negative net margin of 17.67% and a negative return on equity of 9.70%. Pivotal Software's revenue for the quarter was up 19.3% on a year-over-year basis. During the same period last year, the firm posted ($0.10) EPS. View Pivotal Software's Earnings History.

11 analysts have issued 1-year target prices for Pivotal Software's shares. Their forecasts range from $12.00 to $24.00. On average, they anticipate Pivotal Software's stock price to reach $17.33 in the next twelve months. This suggests a possible upside of 15.6% 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 extremely negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pivotal Software earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely 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 Citrix Systems (CTXS), Twilio (TWLO), SS&C Technologies (SSNC), Atlassian (TEAM), Okta (OKTA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Tableau Software (DATA), Docusign (DOCU), Crowdstrike (CRWD), Datadog (DDOG), Tyler Technologies (TYL), Temenos (TMNSF), Ceridian HCM (CDAY), Coupa Software (COUP) and Black Knight (BKI).

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

(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 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.

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 $15.00.

Pivotal Software has a market capitalization of $4.22 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]