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

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

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

Commvault Systems Trading Up 2.5 %

NASDAQ:CVLT opened at $107.43 on Thursday. The firm has a 50-day moving average price of $98.47 and a two-hundred day moving average price of $84.99. The company has a market capitalization of $4.70 billion, a P/E ratio of 28.57 and a beta of 0.64. Commvault Systems has a twelve month low of $60.43 and a twelve month high of $109.25.

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

Institutional Trading of Commvault Systems

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Headlands Technologies LLC acquired a new position in shares of Commvault Systems in the 4th quarter valued at about $67,000. Daiwa Securities Group Inc. increased its stake in shares of Commvault Systems by 700.0% in the first quarter. Daiwa Securities Group Inc. now owns 800 shares of the software maker’s stock worth $81,000 after acquiring an additional 700 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Commvault Systems by 28.5% during the third quarter. PNC Financial Services Group Inc. now owns 1,429 shares of the software maker’s stock worth $97,000 after acquiring an additional 317 shares in the last quarter. Ulland Investment Advisors LLC acquired a new stake in Commvault Systems during the first quarter valued at $180,000. Finally, Central Pacific Bank Trust Division purchased a new position in Commvault Systems in the first quarter valued at about $187,000. 93.50% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Commvault Systems

In other news, Director Allison Pickens sold 990 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $94.73, for a total transaction of $93,782.70. Following the completion of the sale, the director now directly owns 7,206 shares in the company, valued at approximately $682,624.38. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Allison Pickens sold 990 shares of the stock in a transaction that occurred 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 sale, the director now owns 7,206 shares of the company’s stock, valued at approximately $682,624.38. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Sanjay Mirchandani sold 21,494 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $97.82, for a total transaction of $2,102,543.08. Following the sale, the chief executive officer now owns 399,356 shares of the company’s stock, valued at $39,065,003.92. The disclosure for this sale can be found here. Insiders have sold a total of 23,306 shares of company stock worth $2,276,265 in the last quarter. 1.00% of the stock is owned by insiders.

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.