Equities Analysts Offer Predictions for CVLT FY2025 Earnings

Commvault Systems, Inc. (NASDAQ:CVLT) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Commvault Systems in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey anticipates that the software maker will post earnings per share of $1.67 for the year. Cantor Fitzgerald has a “Neutral” rating and a $159.00 price objective on the stock. The consensus estimate for Commvault Systems’ current full-year earnings is $1.65 per share.

Commvault Systems (NASDAQ:CVLT) last issued its quarterly earnings results on Tuesday, October 29th. The software maker reported $0.83 EPS for the quarter, topping the consensus estimate of $0.76 by $0.07. The company had revenue of $233.28 million during the quarter, compared to analyst estimates of $220.76 million. Commvault Systems had a net margin of 19.75% and a return on equity of 31.62%. The firm’s revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 EPS.

Several other equities analysts also recently weighed in on CVLT. StockNews.com downgraded Commvault Systems from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th. Royal Bank of Canada raised their price objective on Commvault Systems from $164.00 to $182.00 and gave the company a “sector perform” rating in a report on Wednesday, October 30th. Guggenheim lowered shares of Commvault Systems from a “buy” rating to a “neutral” rating in a report on Tuesday, October 15th. KeyCorp assumed coverage on shares of Commvault Systems in a research note on Thursday, January 16th. They issued an “overweight” rating and a $192.00 price target on the stock. Finally, Oppenheimer started coverage on shares of Commvault Systems in a research note on Wednesday, November 13th. They set an “outperform” rating and a $200.00 price objective for the company. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.56.

Commvault Systems Stock Down 1.1 %

CVLT opened at $160.94 on Friday. The company has a market cap of $7.04 billion, a PE ratio of 40.74 and a beta of 0.65. Commvault Systems has a twelve month low of $79.39 and a twelve month high of $178.72. The company has a 50-day moving average price of $164.30 and a 200 day moving average price of $152.69.

Insider Activity at Commvault Systems

In other news, Director Allison Pickens sold 1,232 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $172.50, for a total value of $212,520.00. Following the transaction, the director now directly owns 5,899 shares in the company, valued at approximately $1,017,577.50. This represents a 17.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Gary Merrill sold 1,523 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $164.89, for a total transaction of $251,127.47. Following the transaction, the insider now directly owns 93,007 shares of the company’s stock, valued at $15,335,924.23. The trade was a 1.61 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,530 shares of company stock worth $2,244,755. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Commvault Systems by 25.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 586,795 shares of the software maker’s stock valued at $90,278,000 after buying an additional 120,779 shares during the period. Summit Partners Public Asset Management LLC purchased a new stake in Commvault Systems during the third quarter worth about $67,722,000. Vontobel Holding Ltd. acquired a new stake in shares of Commvault Systems during the third quarter worth about $1,126,000. Point72 Hong Kong Ltd boosted its stake in shares of Commvault Systems by 37.9% in the third quarter. Point72 Hong Kong Ltd now owns 23,421 shares of the software maker’s stock valued at $3,603,000 after purchasing an additional 6,433 shares during the period. Finally, Raymond James & Associates grew its holdings in shares of Commvault Systems by 58.1% in the third quarter. Raymond James & Associates now owns 15,410 shares of the software maker’s stock valued at $2,371,000 after purchasing an additional 5,661 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Commvault Systems Company Profile

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.