Commvault Systems Inc [CVLT] stock prices are up 3.10% to $157.80 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CVLT shares have gain 4.57% over the last week, with a monthly amount drifted -10.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Commvault Systems Inc [NASDAQ: CVLT] stock has seen the most recent analyst activity on November 13, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $200. Previously, Guggenheim downgraded its rating to Neutral on October 15, 2024. On January 31, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $109 on the stock. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $85 on August 17, 2023. Guggenheim initiated its recommendation with a Buy and recommended $86 as its price target on January 27, 2023. Piper Sandler downgraded its rating to Neutral for this stock on July 13, 2022, and downed its price target to $69. In a note dated January 19, 2022, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.
The stock price of Commvault Systems Inc [CVLT] has been fluctuating between $73.85 and $178.72 over the past year. Currently, Wall Street analysts expect the stock to reach $130.5 within the next 12 months. Commvault Systems Inc [NASDAQ: CVLT] shares were valued at $157.80 at the most recent close of the market. An investor can expect a potential drop of -17.3% based on the average CVLT price forecast.
Analyzing the CVLT fundamentals
The Commvault Systems Inc [NASDAQ:CVLT] reported sales of 898.05M for trailing twelve months, representing a surge of 16.06%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.7 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 153.44 points at the first support level, and at 149.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 160.03, and for the 2nd resistance point, it is at 162.25.
Ratios To Look Out For
It’s worth pointing out that Commvault Systems Inc [NASDAQ:CVLT]’s Current Ratio is 1.20. Also, the Quick Ratio is 1.20, while the Cash Ratio stands at 0.65. Considering the valuation of this stock, the price to sales ratio is 7.68, the price to book ratio is 24.85 and price to earnings (TTM) ratio is 39.98.
Transactions by insiders
Recent insider trading involved Pickens Allison, Director, that happened on Nov 29 ’24 when 1232.0 shares were sold. President & CEO, Mirchandani Sanjay completed a deal on Nov 18 ’24 to sell 10775.0 shares. Meanwhile, Chief Commercial Officer Merrill Gary sold 1523.0 shares on Nov 18 ’24.
