Cantor Fitzgerald Issues Positive Forecast for CVLT Earnings

Commvault Systems, Inc. (NASDAQ:CVLT) – Analysts at Cantor Fitzgerald increased their FY2025 earnings per share estimates for Commvault Systems in a research note issued on Wednesday, January 29th. Cantor Fitzgerald analyst T. Blakey now forecasts that the software maker will post earnings of $1.80 per share for the year, up from their prior estimate of $1.67. Cantor Fitzgerald has a “Neutral” rating and a $173.00 price objective on the stock. The consensus estimate for Commvault Systems’ current full-year earnings is $1.65 per share.

Several other analysts have also recently issued reports on the company. Guggenheim restated a “neutral” rating on shares of Commvault Systems in a research note on Wednesday. KeyCorp increased their price target on Commvault Systems from $192.00 to $195.00 and gave the stock an “overweight” rating in a research report on Wednesday. Royal Bank of Canada increased their price objective on Commvault Systems from $164.00 to $182.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. StockNews.com lowered Commvault Systems from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th. Finally, William Blair raised Commvault Systems from a “market perform” rating to an “outperform” rating in a report on Thursday. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $156.44.

Commvault Systems Stock Up 7.5 %

Shares of NASDAQ CVLT opened at $157.90 on Thursday. The stock’s 50 day moving average price is $163.11 and its two-hundred day moving average price is $153.93. Commvault Systems has a 52-week low of $88.34 and a 52-week high of $178.72. The stock has a market capitalization of $6.90 billion, a P/E ratio of 39.97 and a beta of 0.65.

Commvault Systems (NASDAQ:CVLT) last released its quarterly earnings results on Tuesday, October 29th. The software maker reported $0.83 EPS for the quarter, topping the consensus estimate of $0.76 by $0.07. Commvault Systems had a return on equity of 31.62% and a net margin of 19.75%. The business had revenue of $233.28 million for the quarter, compared to analysts’ expectations of $220.76 million. During the same quarter in the previous year, the firm posted $0.30 earnings per share. The company’s revenue was up 16.1% compared to the same quarter last year.

Institutional Investors Weigh In On Commvault Systems

A number of institutional investors have recently added to or reduced their stakes in CVLT. Bank of Montreal Can grew its position in Commvault Systems by 596.0% during the second quarter. Bank of Montreal Can now owns 37,304 shares of the software maker’s stock worth $4,548,000 after buying an additional 31,944 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new position in Commvault Systems during the second quarter worth about $267,000. Creative Planning lifted its stake in Commvault Systems by 67.6% during the second quarter. Creative Planning now owns 7,321 shares of the software maker’s stock worth $890,000 after purchasing an additional 2,954 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Commvault Systems by 49.8% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 58,020 shares of the software maker’s stock worth $7,053,000 after purchasing an additional 19,300 shares during the period. Finally, GAMMA Investing LLC lifted its stake in Commvault Systems by 67.3% during the third quarter. GAMMA Investing LLC now owns 885 shares of the software maker’s stock worth $136,000 after purchasing an additional 356 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Allison Pickens sold 1,232 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $172.50, for a total value of $212,520.00. Following the sale, the director now directly owns 5,899 shares of the company’s stock, valued at approximately $1,017,577.50. This trade represents a 17.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 directly owns 93,007 shares in the company, valued at approximately $15,335,924.23. This represents a 1.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,530 shares of company stock worth $2,244,755. Corporate insiders own 1.00% 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.