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NASDAQ:CVLT

Commvault Systems (CVLT) Stock Price, News & Analysis

$139.53
-8.64 (-5.83%)
(As of 09/6/2024 ET)
Today's Range
$139.43
â–Ľ
$149.51
50-Day Range
$119.99
â–Ľ
$155.40
52-Week Range
$63.70
â–Ľ
$157.13
Volume
373,896 shs
Average Volume
349,059 shs
Market Capitalization
$6.11 billion
P/E Ratio
37.11
Dividend Yield
N/A
Price Target
$140.00

Commvault Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
0.3% Upside
$140.00 Price Target
Short Interest
Healthy
2.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
1.00mentions of Commvault Systems in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$2.81 M Sold Last Quarter
Proj. Earnings Growth
13.86%
From $1.66 to $1.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.31 out of 5 stars

Computer And Technology Sector

138th out of 594 stocks

Prepackaged Software Industry

40th out of 202 stocks

CVLT stock logo

About Commvault Systems Stock (NASDAQ:CVLT)

Commvault Systems, Inc. provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls. It also provides Commvault HyperScale X, an easy-to-deploy scale-out solution; and Metallic Recovery Reserve, an easy button to adopt secure and scalable cloud storage in minutes. In addition, the company provides technology consulting, Ransomware recovery, education, and remote managed services. Further, it sells appliances that integrate the software with hardware for use in a range of business needs and use cases; and offers customer support, consulting, assessment and design, and installation services, as well as customer education and as-a-service under the Metallic brand. The company sells its products and services directly through its sales force, and indirectly through its network of distributors, value-added resellers, systems integrators, corporate resellers, and original equipment manufacturers to large enterprises, small or med-sized businesses, and government agencies. It supports customers in a range of industries, including banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utilities, and energy. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.

CVLT Stock Price History

CVLT Stock News Headlines

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Unveiling 7 Analyst Insights On CommVault Systems
Commvault Systems, Inc. (NASDAQ:CVLT) Director Sells $189,592.48 in Stock
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
The 3 Best Long-Term Stocks to Buy in August 2024
See More Headlines
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Company Calendar

Last Earnings
7/30/2024
Today
9/07/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
Current Symbol
NASDAQ:CVLT
CUSIP
20416610
Employees
2,882
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$140.00
High Stock Price Target
$175.00
Low Stock Price Target
$98.00
Potential Upside/Downside
+0.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$168.91 million
Pretax Margin
9.79%

Debt

Sales & Book Value

Annual Sales
$865.77 million
Cash Flow
$1.93 per share
Book Value
$6.45 per share

Miscellaneous

Free Float
43,330,000
Market Cap
$6.11 billion
Optionable
Optionable
Beta
0.60

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Key Executives


CVLT Stock Analysis - Frequently Asked Questions

How have CVLT shares performed this year?

Commvault Systems' stock was trading at $79.85 at the beginning of 2024. Since then, CVLT shares have increased by 74.7% and is now trading at $139.53.
View the best growth stocks for 2024 here
.

How were Commvault Systems' earnings last quarter?

Commvault Systems, Inc. (NASDAQ:CVLT) posted its earnings results on Tuesday, July, 30th. The software maker reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.12. Commvault Systems's revenue for the quarter was up 13.4% compared to the same quarter last year.

What is Sanjay Mirchandani's approval rating as Commvault Systems' CEO?

70 employees have rated Commvault Systems Chief Executive Officer Sanjay Mirchandani on Glassdoor.com. Sanjay Mirchandani has an approval rating of 66% among the company's employees.

Does Commvault Systems have any subsidiaries?

Commvault Systems subsidiaries include Hedvig, Advanced Data Life Cycle Management Inc., Commvault Capital Inc., Commvault Software Technology (Beijing) Co. Ltd, Commvault System (Istanbul) Inc., Commvault Systems AB Srl, Commvault Systems (Australia) Pty. Ltd., and others.

Who are Commvault Systems' major shareholders?

Top institutional shareholders of Commvault Systems include Renaissance Technologies LLC (4.14%), Acadian Asset Management LLC (3.66%), Mackenzie Financial Corp (2.57%) and AQR Capital Management LLC (1.48%). Insiders that own company stock include Sanjay Mirchandani, Gary Merrill, Blasio Riccardo Di, James J Whalen, Vivie Lee, Charles E Moran, Allison Pickens, Martha Helena Bejar and Brian Carolan.
View institutional ownership trends
.

How do I buy shares of Commvault Systems?

Shares of CVLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Commvault Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Commvault Systems investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV) and Aegean Marine Petroleum Network (ANW).

This page (NASDAQ:CVLT) was last updated on 9/7/2024 by MarketBeat.com Staff

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