Equities Analysts Offer Predictions for CVLT FY2025 Earnings

Commvault Systems, Inc. (NASDAQ:CVLT) – Research analysts at DA Davidson cut their FY2025 earnings estimates for Commvault Systems in a research report issued to clients and investors on Tuesday, January 7th. DA Davidson analyst R. Kessinger now anticipates that the software maker will earn $1.61 per share for the year, down from their previous estimate of $1.62. The consensus estimate for Commvault Systems’ current full-year earnings is $1.66 per share. DA Davidson also issued estimates for Commvault Systems’ FY2026 earnings at $1.66 EPS.

Other research analysts have also recently issued research reports about the company. Oppenheimer started coverage on Commvault Systems in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $200.00 price target for the company. Royal Bank of Canada raised their target price on shares of Commvault Systems from $164.00 to $182.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. StockNews.com lowered shares of Commvault Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Finally, Guggenheim lowered shares of Commvault Systems from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 15th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $151.25.

Commvault Systems Price Performance

CVLT opened at $157.80 on Thursday. The stock’s 50 day moving average price is $165.54 and its 200 day moving average price is $150.04. The stock has a market cap of $6.90 billion, a P/E ratio of 39.95 and a beta of 0.65. Commvault Systems has a 12 month low of $74.47 and a 12 month high of $178.72.

Commvault Systems (NASDAQ:CVLT) last posted its 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 firm had revenue of $233.28 million during the quarter, compared to analysts’ expectations of $220.76 million. Commvault Systems had a net margin of 19.75% and a return on equity of 31.62%. Commvault Systems’s quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.30 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CVLT. Capital Performance Advisors LLP bought a new stake in shares of Commvault Systems in the 3rd quarter valued at approximately $33,000. National Bank of Canada FI bought a new stake in Commvault Systems in the second quarter worth approximately $30,000. Point72 DIFC Ltd acquired a new position in shares of Commvault Systems during the 3rd quarter worth $71,000. Signaturefd LLC raised its holdings in shares of Commvault Systems by 43.9% during the 3rd quarter. Signaturefd LLC now owns 590 shares of the software maker’s stock valued at $91,000 after purchasing an additional 180 shares in the last quarter. Finally, TD Private Client Wealth LLC acquired a new stake in shares of Commvault Systems in the 3rd quarter valued at $105,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Insider Activity

In other Commvault Systems news, CEO Sanjay Mirchandani sold 10,775 shares of Commvault Systems stock in a transaction on Monday, November 18th. The shares were sold at an average price of $165.30, for a total transaction of $1,781,107.50. Following the completion of the sale, the chief executive officer now owns 459,969 shares of the company’s stock, valued at $76,032,875.70. This trade represents a 2.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Allison Pickens sold 1,232 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $172.50, for a total transaction of $212,520.00. Following the transaction, the director now owns 5,899 shares in the company, valued at approximately $1,017,577.50. This represents a 17.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,530 shares of company stock worth $2,244,755 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

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.