CommVault Systems (NASDAQ:CVLT) will be releasing its earnings data before the market opens on Tuesday, January 23rd. Analysts expect CommVault Systems to post earnings of $0.31 per share for the quarter.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings results on Tuesday, October 24th. The software maker reported $0.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.05). CommVault Systems had a net margin of 0.28% and a negative return on equity of 0.17%. The business had revenue of $168.14 million during the quarter, compared to analyst estimates of $170.15 million. During the same period last year, the company earned $0.25 EPS. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, analysts expect CommVault Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CommVault Systems (NASDAQ CVLT) opened at $52.55 on Friday. CommVault Systems has a 12 month low of $47.61 and a 12 month high of $64.60. The company has a market capitalization of $2,417.80, a price-to-earnings ratio of 1,314.08, a PEG ratio of 64.43 and a beta of 1.44.

Several brokerages have recently commented on CVLT. BidaskClub raised CommVault Systems from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 4th. Mizuho reaffirmed a “buy” rating and issued a $75.00 price target on shares of CommVault Systems in a research note on Wednesday. Mitsubishi UFJ Financial Group lowered CommVault Systems from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 25th. Wells Fargo & Co began coverage on CommVault Systems in a research note on Tuesday, November 14th. They issued an “outperform” rating and a $64.00 price target on the stock. Finally, Royal Bank of Canada reiterated a “hold” rating on shares of CommVault Systems in a report on Monday, October 9th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $70.00.

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CommVault Systems Company Profile

Commvault Systems, Inc (Commvault) is a provider of data and information management software applications and related services. The Company develops, markets and sells a suite of software applications and services, primarily in North America, Europe, Australia and Asia, that provides its customers with data protection solutions supporting all operating systems, applications, and databases on virtual and physical servers, Network Attached Storage (NAS) shares, cloud-based infrastructures, and mobile devices; management through a single console; multiple protection methods, including backup and archive, snapshot management, replication, and content indexing for eDiscovery; storage management using deduplication for disk, tape and cloud; integration with the storage arrays; complete virtual infrastructure management supporting multiple hypervisors; security capabilities to limit access to critical data, and policy-based data management.

Earnings History for CommVault Systems (NASDAQ:CVLT)

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