Commvault Systems, Inc. Expected to Earn Q1 2025 Earnings of $0.29 Per Share (NASDAQ:CVLT)

Commvault Systems, Inc. (NASDAQ:CVLT) – Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Commvault Systems in a report released on Wednesday, May 1st. DA Davidson analyst R. Kessinger anticipates that the software maker will post earnings per share of $0.29 for the quarter. DA Davidson currently has a “Buy” rating and a $125.00 target price on the stock. The consensus estimate for Commvault Systems’ current full-year earnings is $1.43 per share.

Several other research firms have also issued reports on CVLT. KeyCorp increased their target price on shares of Commvault Systems from $109.00 to $122.00 and gave the stock an “overweight” rating in a report on Wednesday. Royal Bank of Canada increased their price objective on shares of Commvault Systems from $97.00 to $112.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Finally, Lake Street Capital lifted their target price on shares of Commvault Systems from $86.00 to $98.00 and gave the company a “hold” rating in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Commvault Systems presently has an average rating of “Moderate Buy” and an average target price of $114.25.

Commvault Systems Stock Performance

Shares of Commvault Systems stock opened at $107.43 on Thursday. The stock has a market cap of $4.70 billion, a P/E ratio of 28.57 and a beta of 0.64. The stock’s fifty day moving average is $98.47 and its 200 day moving average is $84.99. Commvault Systems has a one year low of $60.43 and a one year high of $109.25.

Commvault Systems (NASDAQ:CVLT) last issued its quarterly earnings results on Tuesday, January 30th. The software maker reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.05. The business had revenue of $216.81 million for the quarter, compared to analysts’ expectations of $208.01 million. Commvault Systems had a net margin of 20.13% and a return on equity of 31.27%. The company’s revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.17 EPS.

Insider Buying and Selling at Commvault Systems

In related news, Director Allison Pickens sold 990 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $94.73, for a total value of $93,782.70. Following the sale, the director now directly owns 7,206 shares in the company, valued at $682,624.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Commvault Systems news, Director Allison Pickens sold 990 shares of Commvault Systems stock in a transaction on Monday, February 26th. The shares were sold at an average price of $94.73, for a total transaction of $93,782.70. Following the completion of the transaction, the director now directly owns 7,206 shares of the company’s stock, valued at $682,624.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Gary Merrill sold 822 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $97.25, for a total transaction of $79,939.50. Following the completion of the sale, the chief financial officer now directly owns 87,945 shares of the company’s stock, valued at approximately $8,552,651.25. The disclosure for this sale can be found here. Insiders sold 23,306 shares of company stock valued at $2,276,265 in the last 90 days. Insiders own 1.00% of the company’s stock.

Institutional Trading of Commvault Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Commvault Systems during the 4th quarter worth $24,134,000. Invesco Ltd. raised its position in shares of Commvault Systems by 50.9% in the 3rd quarter. Invesco Ltd. now owns 629,282 shares of the software maker’s stock worth $42,546,000 after acquiring an additional 212,325 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Commvault Systems by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 5,426,814 shares of the software maker’s stock worth $366,907,000 after purchasing an additional 144,625 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Commvault Systems by 211.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 84,040 shares of the software maker’s stock valued at $5,682,000 after purchasing an additional 57,084 shares during the last quarter. Finally, Quantedge Capital Pte Ltd raised its holdings in Commvault Systems by 791.7% in the third quarter. Quantedge Capital Pte Ltd now owns 53,500 shares of the software maker’s stock worth $3,617,000 after purchasing an additional 47,500 shares in 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.