EPS for Commvault Systems, Inc. (CVLT) Expected At $0.05

January 18, 2018 - By Maria Brooks

 EPS for Commvault Systems, Inc. (CVLT) Expected At $0.05
Investors sentiment increased to 1.39 in 2017 Q3. Its up 0.06, from 1.33 in 2017Q2. It increased, as 18 investors sold Commvault Systems, Inc. shares while 61 reduced holdings. 34 funds opened positions while 76 raised stakes. 40.39 million shares or 1.04% more from 39.98 million shares in 2017Q2 were reported.
Bessemer Inc stated it has 0.01% in Commvault Systems, Inc. (NASDAQ:CVLT). Suffolk Management Lc has invested 0.17% in Commvault Systems, Inc. (NASDAQ:CVLT). Moreover, Royal Natl Bank Of Canada has 0.01% invested in Commvault Systems, Inc. (NASDAQ:CVLT) for 463,460 shares. 1.39 million are owned by State Street Corporation. Arizona State Retirement Sys invested in 23,961 shares or 0.02% of the stock. 207,217 were accumulated by Bank & Trust Of Montreal Can. Moreover, Prelude Cap Management Limited Co has 0.02% invested in Commvault Systems, Inc. (NASDAQ:CVLT) for 2,850 shares. Diversified Tru has 4,100 shares for 0.02% of their portfolio. Quantbot Technology Lp owns 0.05% invested in Commvault Systems, Inc. (NASDAQ:CVLT) for 8,666 shares. 45,840 are held by Ny State Common Retirement Fund. Commonwealth Of Pennsylvania Pub School Empls Retrmt System, a Pennsylvania-based fund reported 6,175 shares. Columbus Circle, a Connecticut-based fund reported 24,528 shares. Highbridge Capital Management Limited Com invested in 10,273 shares or 0.01% of the stock. Legal & General Group Public Ltd Co holds 0% of its portfolio in Commvault Systems, Inc. (NASDAQ:CVLT) for 35,839 shares. Ci Invests Inc holds 0.03% or 45,000 shares in its portfolio.

Since August 3, 2017, it had 0 insider buys, and 5 selling transactions for $3.23 million activity. $452,125 worth of Commvault Systems, Inc. (NASDAQ:CVLT) was sold by Merrill Gary. Shares for $1.80 million were sold by BUNTE AL on Thursday, August 3.

Analysts expect Commvault Systems, Inc. (NASDAQ:CVLT) to report $0.05 EPS on January, 24.They anticipate $0.04 EPS change or 400.00 % from last quarter’s $0.01 EPS. CVLT’s profit would be $2.31M giving it 263.25 P/E if the $0.05 EPS is correct. After having $-0.06 EPS previously, Commvault Systems, Inc.’s analysts see -183.33 % EPS growth. The stock increased 1.15% or $0.6 during the last trading session, reaching $52.65. About 645,760 shares traded or 27.50% up from the average. Commvault Systems, Inc. (NASDAQ:CVLT) has risen 28.52% since January 18, 2017 and is uptrending. It has outperformed by 11.82% the S&P500.

Commvault Systems, Inc. (NASDAQ:CVLT) Ratings Coverage

Among 13 analysts covering Commvault Systems Inc. (NASDAQ:CVLT), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Commvault Systems Inc. has $7500 highest and $36 lowest target. $63.15’s average target is 19.94% above currents $52.65 stock price. Commvault Systems Inc. had 40 analyst reports since July 29, 2015 according to SRatingsIntel. MUFG Securities Americas Inc downgraded Commvault Systems, Inc. (NASDAQ:CVLT) rating on Tuesday, October 24. MUFG Securities Americas Inc has “Hold” rating and $57.0 target. Jefferies maintained the stock with “Buy” rating in Friday, September 1 report. The stock of Commvault Systems, Inc. (NASDAQ:CVLT) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, October 6. The firm has “Hold” rating by Lake Street given on Thursday, January 28. Mizuho maintained the stock with “Buy” rating in Tuesday, October 25 report. The rating was maintained by KeyBanc Capital Markets on Monday, October 16 with “Buy”. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, September 3 report. Mizuho maintained Commvault Systems, Inc. (NASDAQ:CVLT) on Sunday, July 16 with “Buy” rating. Mitsubishi UFJ downgraded the stock to “Neutral” rating in Wednesday, October 25 report. The stock of Commvault Systems, Inc. (NASDAQ:CVLT) earned “Overweight” rating by Mitsubishi UFJ on Wednesday, January 13.

Commvault Systems, Inc. provides data and information management software applications and related services in the United States and internationally. The company has market cap of $2.43 billion. The companyÂ’s software suite contains solutions that are built on a single unified code base and platform to protect, manage, and access data and information. It has a 1385.53 P/E ratio. It offers data protection, backup, and recovery software solutions that allow for the backup of databases, files, applications, endpoints, and virtual machines with according to data type and recovery profile; and help to optimize storage with deduplication, recover data, and leverage reports to improve backup and recovery processes.

More news for Commvault Systems, Inc. (NASDAQ:CVLT) were recently published by: Prnewswire.com, which released: “Commvault Names Owen Taraniuk Head of Worldwide Partnerships and Market …” on January 17, 2018. Benzinga.com‘s article titled: “4 Ways For Investors To Play CES 2018” and published on January 08, 2018 is yet another important article.

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