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) posted its quarterly earnings results 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 firm had revenue of $185.72 million for the quarter, compared to analyst estimates of $184.12 million. Pivotal Software had a negative net margin of 18.66% and a negative return on equity of 9.92%. The firm's quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.10) earnings per share. View Pivotal Software's Earnings History.

11 Wall Street analysts have issued 12-month price objectives for Pivotal Software's stock. Their forecasts range from $12.00 to $24.00. On average, they expect 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.

News stories about PVTL stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pivotal Software earned a news sentiment score of -3.0 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 few days. View News Stories for Pivotal Software.

Pivotal Software saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 3,570,000 shares, a drop of 39.4% from the October 31st total of 5,890,000 shares. Based on an average trading volume of 3,820,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 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), Symantec (SYMC), Paycom Software (PAYC), SS&C Technologies (SSNC), Atlassian (TEAM), Tableau Software (DATA), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Okta (OKTA), Twilio (TWLO), Docusign (DOCU), Crowdstrike (CRWD), Tyler Technologies (TYL), Temenos (TMNSF) and Datadog (DDOG).

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), Micron Technology (MU), Tilray (TLRY), Twilio (TWLO), Applied Materials (AMAT) and Advanced Micro Devices (AMD).

(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 variety of of retail and institutional investors. Top institutional shareholders 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 Man Group plc (0.12%). 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., Man Group plc, Gilder Gagnon Howe & Co. LLC and State Street Corp. 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 $15.00.

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]