A share price of Commvault Systems Inc [CVLT] is currently trading at $118.06, down -0.20%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CVLT shares have gain 4.45% over the last week, with a monthly amount glided 6.13%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Commvault Systems Inc [NASDAQ: CVLT] stock has seen the most recent analyst activity on January 31, 2024, when KeyBanc Capital Markets upgraded its rating to a Overweight but kept the price target unchanged to $109 for it. Previously, DA Davidson started tracking the stock with Buy rating on August 17, 2023, and set its price target to $85. On January 27, 2023, Guggenheim initiated with a Buy rating and assigned a price target of $86 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $69 on July 13, 2022. KeyBanc Capital Markets downgraded its rating to a Sector Weight. Lake Street downgraded its rating to Hold for this stock on October 27, 2021, but kept the price target unchanged to $64. In a note dated October 26, 2021, William Blair downgraded an Mkt Perform rating on this stock.
Commvault Systems Inc experienced fluctuations in its stock price throughout the past year between $63.70 and $119.72. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Commvault Systems Inc [NASDAQ: CVLT] shares were valued at $118.06 at the most recent close of the market. An investor can expect a potential drop of -11.06% based on the average CVLT price forecast.
Analyzing the CVLT fundamentals
Trailing Twelve Months sales for Commvault Systems Inc [NASDAQ:CVLT] were 839.25M which represents 9.74% growth. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.84 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 117.24 points at the first support level, and at 116.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.07, and for the 2nd resistance point, it is at 120.07.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Commvault Systems Inc [NASDAQ:CVLT] is 1.23. Further, the Quick Ratio stands at 1.23, while the Cash Ratio is 0.64. Considering the valuation of this stock, the price to sales ratio is 6.11, the price to book ratio is 18.49 and price to earnings (TTM) ratio is 31.39.
Transactions by insiders
Recent insider trading involved Pickens Allison, Director, that happened on May 30 ’24 when 373.0 shares were sold. Director, MORAN CHARLES E completed a deal on May 29 ’24 to sell 11000.0 shares. Meanwhile, Chief Financial Officer Merrill Gary sold 661.0 shares on May 23 ’24.
