FY2025 EPS Estimate for Commvault Systems Boosted by Analyst

Commvault Systems, Inc. (NASDAQ:CVLT) – Stock analysts at DA Davidson increased their FY2025 EPS estimates for Commvault Systems in a research report issued on Wednesday, January 29th. DA Davidson analyst R. Kessinger now anticipates that the software maker will post earnings of $1.63 per share for the year, up from their prior estimate of $1.61. The consensus estimate for Commvault Systems’ current full-year earnings is $1.68 per share. DA Davidson also issued estimates for Commvault Systems’ FY2026 earnings at $1.77 EPS.

CVLT has been the subject of a number of other research reports. Oppenheimer started coverage on Commvault Systems in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $200.00 price objective for the company. Guggenheim reiterated a “neutral” rating on shares of Commvault Systems in a research note on Wednesday. William Blair upgraded shares of Commvault Systems from a “market perform” rating to an “outperform” rating in a research note on Thursday. Cantor Fitzgerald upped their target price on shares of Commvault Systems from $159.00 to $173.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Royal Bank of Canada raised their price target on Commvault Systems from $164.00 to $182.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $156.44.

Commvault Systems Stock Performance

CVLT opened at $157.90 on Friday. Commvault Systems has a one year low of $88.34 and a one year high of $178.72. The stock has a market capitalization of $6.90 billion, a P/E ratio of 41.44 and a beta of 0.65. The business’s 50-day simple moving average is $163.11 and its 200-day simple moving average is $153.93.

Commvault Systems (NASDAQ:CVLT) last announced its quarterly earnings results on Tuesday, October 29th. The software maker reported $0.83 EPS for the quarter, beating the consensus estimate of $0.76 by $0.07. Commvault Systems had a net margin of 18.14% and a return on equity of 28.69%. The company had revenue of $233.28 million for the quarter, compared to analyst estimates of $220.76 million. During the same period in the prior year, the firm posted $0.30 earnings per share. The firm’s revenue was up 16.1% on a year-over-year basis.

Insider Buying and Selling at Commvault Systems

In related news, insider Gary Merrill sold 1,523 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $164.89, for a total value of $251,127.47. Following the completion of the sale, the insider now owns 93,007 shares in the company, valued at $15,335,924.23. This trade represents a 1.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Allison Pickens sold 1,232 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was 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 $1,017,577.50. The trade was a 17.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,530 shares of company stock valued at $2,244,755. 1.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Commvault Systems

Several institutional investors have recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its position in Commvault Systems by 3.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,960 shares of the software maker’s stock worth $296,000 after purchasing an additional 66 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Commvault Systems by 13.7% in the 4th quarter. GAMMA Investing LLC now owns 1,006 shares of the software maker’s stock worth $152,000 after buying an additional 121 shares in the last quarter. OLD National Bancorp IN grew its stake in Commvault Systems by 7.1% in the 4th quarter. OLD National Bancorp IN now owns 2,187 shares of the software maker’s stock valued at $330,000 after acquiring an additional 145 shares during the last quarter. Lindenwold Advisors INC increased its holdings in Commvault Systems by 2.4% during the 3rd quarter. Lindenwold Advisors INC now owns 7,028 shares of the software maker’s stock valued at $1,081,000 after acquiring an additional 164 shares in the last quarter. Finally, Signaturefd LLC raised its position in Commvault Systems by 43.9% during the third quarter. Signaturefd LLC now owns 590 shares of the software maker’s stock worth $91,000 after acquiring an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

About Commvault Systems

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.