{
}
Commvault Systems reported a quarterly revenue of $275.04 million, exceeding analysts' expectations of $262.52 million, with a net margin of 18.14% and a return on equity of 28.69%. The company’s revenue increased by 23.2% year-over-year, and earnings per share are projected at $1.65 for the current fiscal year.Insider trading activity included Gary Merrill selling 3,287 shares and Nicola Adamo selling 1,500 shares, both resulting in decreased ownership stakes. Institutional investors hold 93.50% of the company's stock, with Deutsche Bank AG increasing its position by 81.0% in the last quarter.
Analysts forecast Commvault Systems, Inc. will achieve $1.65 earnings per share this fiscal year, with a consensus rating of "Moderate Buy" and a target price of $175.25. Recent price targets from various analysts range from $147.00 to $200.00, reflecting mixed sentiments on the stock's performance.In the fourth quarter, BNP Paribas Financial Markets reduced its stake by 33.4%, while other institutional investors increased their holdings. Commvault's stock opened at $182.04, with a market cap of $8.03 billion, and reported a 23.2% year-over-year revenue increase in its latest earnings announcement.
Nicola Adamo
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Commvault Systems Reports Strong Quarterly Revenue and Insider Stock Transactions
10:08 18.05.2025
commvault systems earnings forecast and analyst ratings update
09:41 18.05.2025
Trending
Subcategory
Countries:
Companies:
Currencies:
People: