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 results on Tuesday, June, 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the 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 return on equity of 9.70% and a negative net margin of 17.67%. The company's quarterly revenue was up 19.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.10) earnings per share. View Pivotal Software's Earnings History.

Pivotal Software is scheduled to release their next quarterly earnings announcement on Tuesday, December 17th 2019. View Earnings Estimates for Pivotal Software.

11 Wall Street 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 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 stories about PVTL stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pivotal Software earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Pivotal Software.

Pivotal Software saw a decrease in short interest during the month of November. As of November 29th, there was short interest totalling 4,090,000 shares, a decrease of 26.4% from the November 14th total of 5,560,000 shares. Based on an average trading volume of 1,500,000 shares, the short-interest ratio is presently 2.7 days. Currently, 4.9% 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), SS&C Technologies (SSNC), Paycom Software (PAYC), Tableau Software (DATA), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Atlassian (TEAM), Twilio (TWLO), Okta (OKTA), Docusign (DOCU), Tyler Technologies (TYL), Temenos (TMNSF), Datadog (DDOG) and Crowdstrike (CRWD).

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

(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 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 institutional and retail 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 $14.99.

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]