While Commvault Systems Inc has underperformed by -0.66%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CVLT rose by 66.97%, with highs and lows ranging from $190.11 to $101.54, whereas the simple moving average jumped by 5.84% in the last 200 days.
On January 30, 2025, William Blair Upgraded Commvault Systems Inc (NASDAQ: CVLT) to Outperform. A report published by Cantor Fitzgerald on January 17, 2025, Initiated its previous ‘Neutral’ rating for CVLT. KeyBanc Capital Markets also rated CVLT shares as ‘Overweight’, setting a target price of $192 on the company’s shares in an initiating report dated January 16, 2025. Oppenheimer Initiated an Outperform rating on November 13, 2024, and assigned a price target of $200. Guggenheim October 15, 2024d its ‘Buy’ rating to ‘Neutral’ for CVLT, as published in its report on October 15, 2024. KeyBanc Capital Markets’s report from January 31, 2024 suggests a price prediction of $109 for CVLT shares, giving the stock a ‘Overweight’ rating. DA Davidson also rated the stock as ‘Buy’.
Analysis of Commvault Systems Inc (CVLT)
Further, the quarter-over-quarter increase in sales is 23.17%, showing a positive trend in the upcoming months.
One of the most important indicators of Commvault Systems Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 25.23% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.13, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CVLT is recording 488.83K average volume. On a monthly basis, the volatility of the stock is set at 6.18%, whereas on a weekly basis, it is put at 3.99%, with a gain of 1.65% over the past seven days. Furthermore, long-term investors anticipate a median target price of $187.29, showing growth from the present price of $166.02, which can serve as yet another indication of whether CVLT is worth investing in or should be passed over.
How Do You Analyze Commvault Systems Inc Shares?
The Software – Application market is dominated by Commvault Systems Inc (CVLT) based in the USA. When comparing Commvault Systems Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 98.41, there is a growth in quarterly earnings of -75.56%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.67%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 98.23% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CVLT shares are owned by institutional investors to the tune of 98.23% at present.
