Research Analysts Set Expectations for CVLT FY2025 Earnings

Commvault Systems, Inc. (NASDAQ:CVLT) – DA Davidson reduced their FY2025 EPS 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.

Commvault Systems (NASDAQ:CVLT) last issued its earnings results on Tuesday, October 29th. The software maker reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.07. The company had revenue of $233.28 million for 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 for the quarter was up 16.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 earnings per share.

Other analysts have also issued reports about the stock. StockNews.com lowered shares of Commvault Systems from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Oppenheimer assumed coverage on shares of Commvault Systems in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $200.00 price target on the stock. Guggenheim lowered shares of Commvault Systems from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 15th. Finally, Royal Bank of Canada upped their price objective 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. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $151.25.

Commvault Systems Price Performance

CVLT stock opened at $157.80 on Thursday. The company’s 50 day simple moving average is $165.54 and its 200-day simple moving average is $150.04. The firm has a market capitalization of $6.90 billion, a PE 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.

Insiders Place Their Bets

In other news, insider Gary Merrill sold 1,523 shares of the stock in a transaction on 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 of the company’s stock, valued at $15,335,924.23. This represents a 1.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Allison Pickens sold 1,232 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $172.50, for a total transaction of $212,520.00. Following the completion of the sale, the director now directly owns 5,899 shares of the company’s stock, valued at $1,017,577.50. The trade was a 17.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,530 shares of company stock valued at $2,244,755 over the last quarter. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Commvault Systems

Several large investors have recently made changes to their positions in CVLT. National Bank of Canada FI acquired a new stake in shares of Commvault Systems in the second quarter worth $30,000. Capital Performance Advisors LLP acquired a new stake in shares of Commvault Systems in the third quarter worth $33,000. Strategic Financial Concepts LLC acquired a new stake in shares of Commvault Systems in the second quarter worth $56,000. Point72 DIFC Ltd acquired a new stake in shares of Commvault Systems in the third quarter worth $71,000. Finally, Signaturefd LLC increased its position in shares of Commvault Systems by 43.9% in the third quarter. Signaturefd LLC now owns 590 shares of the software maker’s stock worth $91,000 after acquiring an additional 180 shares in the last quarter. Institutional investors and hedge funds own 93.50% 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.