Commvault Systems (CVLT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $167.87 to $173.75
• 50-Day Range: $132.26 to $177.60
• 52-Week Range: $73.33 to $178.72
• Volume: 241,705 shs
• Average Volume: 353,404 shs
• Market Capitalization: $7.38 billion
• P/E Ratio: 42.71
• Dividend Yield: N/A
• Price Target: $151.25
• Consensus Rating: Moderate Buy

Commvault Systems Stock Analysis - MarketRank™

Commvault Systems scored higher than 82% of companies evaluated by MarketBeat, and ranked 174th out of 657 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Commvault Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Commvault Systems has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 16.87%

Earnings Growth

Earnings for Commvault Systems are expected to grow by 16.87% in the coming year, from $1.66 to $1.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Commvault Systems is 42.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.89.

Price to Earnings Ratio vs. Sector

The P/E ratio of Commvault Systems is 42.71, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 248.16.

Price to Book Value per Share Ratio

Commvault Systems has a P/B Ratio of 26.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.13% of the float of Commvault Systems has been sold short.

Short Interest Ratio / Days to Cover

Commvault Systems has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Commvault Systems has recently increased by 4.36%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Commvault Systems does not currently pay a dividend.

Dividend Growth

Commvault Systems does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.3 / 5
• Environmental Score: -0.88

Percentage of Shares Shorted

2.13% of the float of Commvault Systems has been sold short.

Short Interest Ratio / Days to Cover

Commvault Systems has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Commvault Systems has recently increased by 4.36%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.06

News Sentiment

Commvault Systems has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Commvault Systems this week, compared to 7 articles on an average week.

Search Interest

Only 4 people have searched for CVLT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Commvault Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Commvault Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,244,755.00 in company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Commvault Systems is held by insiders.

Percentage Held by Institutions

93.50% of the stock of Commvault Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 stock has increased by 111.3% and is now trading at $168.69.
View the best growth stocks for 2024 here.

How were Commvault Systems' earnings last quarter?

Commvault Systems, Inc. (NASDAQ:CVLT) issued its earnings results on Tuesday, October, 29th. The software maker reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.07. The company's quarterly revenue was up 16.1% compared to the same quarter last year.

Does Commvault Systems have any subsidiaries?

The following companies are subsidiaries of Commvault Systems: 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 investors of Commvault Systems include State Street Corp (3.65%), Geode Capital Management LLC (2.85%), American Capital Management Inc. (1.76%) and Charles Schwab Investment Management Inc. (1.34%). 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 NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 12/13/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Systems Software
• Current Symbol: NASDAQ:CVLT
• CUSIP: 20416610
• CIK: 1169561
• Web: www.commvault.com
• Phone: (732) 870-4000
• Fax: 732-870-4525
• Employees: 2,882
• Year Founded: 1996

Price Target and Rating

• Average Stock Price Target: $151.25
• High Stock Price Target: $200.00
• Low Stock Price Target: $98.00
• Potential Upside/Downside: -12.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.95
• Trailing P/E Ratio: 43.82
• Forward P/E Ratio: 104.27
• P/E Growth: N/A
• Net Income: $168.91 million
• Net Margins: 19.75%
• Pretax Margin: 9.21%
• Return on Equity: 31.62%
• Return on Assets: 8.79%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.20
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $839.25 million
• Price / Sales: 9.02
• Cash Flow: $2.15 per share
• Price / Cash Flow: 80.68
• Book Value: $6.35 per share
• Price / Book: 27.26

Miscellaneous

• Outstanding Shares: 43,730,000
• Free Float: 43,289,000
• Market Cap: $7.57 billion
• Optionable: Optionable
• Beta: 0.61