Commvault Systems (NASDAQ:CVLT – Get Free Report) will be issuing its quarterly earnings data before the market opens on Tuesday, July 30th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Commvault Systems has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.
Commvault Systems (NASDAQ:CVLT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 30th. The software maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.10. The company had revenue of $223.29 million during the quarter, compared to the consensus estimate of $213.00 million. Commvault Systems had a return on equity of 31.27% and a net margin of 20.13%. On average, analysts expect Commvault Systems to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Commvault Systems Price Performance
Shares of NASDAQ:CVLT opened at $124.60 on Monday. Commvault Systems has a 1 year low of $63.70 and a 1 year high of $127.94. The company has a market capitalization of $5.45 billion, a PE ratio of 33.14 and a beta of 0.61. The business has a fifty day moving average price of $117.85 and a two-hundred day moving average price of $103.65.
Insider Buying and Selling
Analyst Upgrades and Downgrades
CVLT has been the subject of several research reports. Royal Bank of Canada increased their price target on shares of Commvault Systems from $97.00 to $112.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 1st. Piper Sandler boosted their price target on shares of Commvault Systems from $107.00 to $123.00 and gave the company a “neutral” rating in a research report on Monday, July 15th. StockNews.com raised Commvault Systems from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 11th. DA Davidson raised their target price on shares of Commvault Systems from $125.00 to $135.00 and gave the company a “buy” rating in a research note on Friday, June 14th. Finally, Guggenheim reiterated a “buy” rating and set a $122.00 target price on shares of Commvault Systems in a research report on Tuesday, June 25th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $124.29.
Read Our Latest Stock Analysis on Commvault Systems
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.
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