Q1 2025 Earnings Forecast for Commvault Systems, Inc. Issued By DA Davidson (NASDAQ:CVLT)

Commvault Systems, Inc. (NASDAQ:CVLT) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Commvault Systems in a report issued on Wednesday, May 1st. DA Davidson analyst R. Kessinger forecasts that the software maker will post earnings of $0.29 per share 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.

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

Other research analysts have also recently issued research reports about the company. Royal Bank of Canada upped their price target on Commvault Systems from $97.00 to $112.00 and gave the company a “sector perform” rating in a report on Wednesday. KeyCorp upped their price target on Commvault Systems from $109.00 to $122.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Lake Street Capital upped their price target on Commvault Systems from $86.00 to $98.00 and gave the company a “hold” rating in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Commvault Systems has an average rating of “Moderate Buy” and an average target price of $104.40.

Commvault Systems Price Performance

Shares of NASDAQ:CVLT opened at $102.71 on Thursday. Commvault Systems has a 12 month low of $58.67 and a 12 month high of $107.46. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 27.32 and a beta of 0.64. The stock’s 50 day moving average price is $98.00 and its 200 day moving average price is $84.57.

Insider Buying and Selling at Commvault Systems

In other Commvault Systems news, CEO Sanjay Mirchandani sold 21,494 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $97.82, for a total transaction of $2,102,543.08. Following the completion of the sale, the chief executive officer now directly owns 399,356 shares in the company, valued at $39,065,003.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Sanjay Mirchandani sold 21,494 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $97.82, for a total transaction of $2,102,543.08. Following the completion of the transaction, the chief executive officer now owns 399,356 shares of the company’s stock, valued at $39,065,003.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Gary Merrill sold 822 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $97.25, for a total transaction of $79,939.50. Following the transaction, 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 worth $2,276,265 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in Commvault Systems by 2.7% during the third quarter. Vanguard Group Inc. now owns 5,426,814 shares of the software maker’s stock worth $366,907,000 after buying an additional 144,625 shares during the last quarter. Lazard Asset Management LLC grew its stake in Commvault Systems by 27.6% during the third quarter. Lazard Asset Management LLC now owns 70,516 shares of the software maker’s stock worth $4,766,000 after buying an additional 15,249 shares during the last quarter. Tudor Investment Corp Et Al bought a new stake in Commvault Systems during the third quarter worth about $2,611,000. Qube Research & Technologies Ltd bought a new stake in Commvault Systems during the third quarter worth about $2,974,000. Finally, Quantedge Capital Pte Ltd grew its stake in Commvault Systems by 791.7% during the third quarter. Quantedge Capital Pte Ltd now owns 53,500 shares of the software maker’s stock worth $3,617,000 after buying an additional 47,500 shares during 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.