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 data on Tuesday, June, 4th. The company reported ($0.03) earnings per share for the quarter, topping the Thomson Reuters' 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 return on equity of 9.70% and a negative net margin of 17.67%. The business's quarterly revenue was up 19.3% on a year-over-year basis. During the same period last year, the company posted ($0.10) EPS. View Pivotal Software's Earnings History.

11 analysts have issued 12-month target prices for Pivotal Software's stock. Their forecasts range from $12.00 to $24.00. On average, they expect Pivotal Software's share 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.

Media coverage about PVTL stock has trended neutral on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pivotal Software earned a news impact score of 0.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next few days. View News Stories for Pivotal Software.

Some companies that are related to Pivotal Software include Okta (OKTA), SS&C Technologies (SSNC), Docusign (DOCU), Citrix Systems (CTXS), Tableau Software (DATA), Datadog (DDOG), Crowdstrike (CRWD), Tyler Technologies (TYL), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Symantec (SYMC), NortonLifeLock (NLOK), Temenos (TMNSF), Black Knight (BKI), Coupa Software (COUP) and Ceridian HCM (CDAY).

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

(PVTL) raised $555 million in an initial public offering 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 Skandinaviska Enskilda Banken AB publ (0.02%). 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 bought by a variety of institutional investors in the last quarter, including Skandinaviska Enskilda Banken AB publ . 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 $4.22 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]