Commvault Systems Inc (NASDAQ:CVLT) shares, rose in value, with the stock price down by -0.87% to the previous day’s close as strong demand from buyers drove the stock to $149.74.
Actively observing the price movement in the last trading, the stock closed the session at $151.06, falling within a range of $148.032 and $151.74. The value of beta (5-year monthly) was 0.678 whereas the PE ratio was 39.32 over 12-month period. Referring to stock’s 52-week performance, its high was $190.11, and the low was $93.48. On the whole, CVLT has fluctuated by -9.46% over the past month.
With the market capitalization of Commvault Systems Inc currently standing at about $6.59 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-27.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 982.14M, with a low estimate of 260M and a high estimate of 264.4M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 262.38M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CVLT’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.38, with the price of CVLT currently trading nearly -4.31% and -8.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.46, while the 7-day volatility ratio is showing 3.62% which for the 30-day chart, stands at 5.75%. Furthermore, Commvault Systems Inc (CVLT)’s beta value is 0.73, and its average true range (ATR) is 8.94.
A comparison of Commvault Systems Inc (CVLT) with its peers suggests the former has fared considerably weaker in the market. CVLT showed an intraday change of -0.87% in last session, and over the past year, it grew by 56.58%%.
Data on historical trading for Commvault Systems Inc (NASDAQ:CVLT) indicates that the trading volumes over the past 10 days have averaged 0.48 and over the past 3 months, they’ve averaged 511.07K. According to company’s latest data on outstanding shares, there are 44.02 million shares outstanding.
Nearly 1.67% of Commvault Systems Inc’s shares belong to company insiders and institutional investors own 98.16% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.86 million shares as on 2025-03-31, resulting in a short ratio of 4.16. According to the data, the short interest in Commvault Systems Inc (CVLT) stood at 581.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.58 million. The stock has fallen by -0.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CVLT stock heading into the next quarter.
