Commvault Systems Inc (CVLT) posted a 1.82% change over the last five days signaling a new trend

Commvault Systems Inc (NASDAQ: CVLT) kicked off on Friday, up 1.82% from the previous trading day, before settling in for the closing price of $152.62. Over the past 52 weeks, CVLT has traded in a range of $63.70-$156.00.

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Technology Sector giant saw their annual sales surged by 3.50% over the last five years. While this was happening, its average annual earnings per share was recorded 12.32%. With a float of $42.88 million, this company’s outstanding shares have now reached $43.55 million.

The firm has a total of 2882 workers. Let’s measure their productivity. In terms of profitability, gross margin is 81.57%, operating margin of 9.84%, and the pretax margin is 9.79%.

Commvault Systems Inc (CVLT) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Commvault Systems Inc is 1.90%, while institutional ownership is 96.07%. The most recent insider transaction that took place on Aug 30 ’24, was worth 239,680. Before that another transaction happened on Aug 30 ’24, when Company’s Director proposed sale 1,569 for $152.76, making the entire transaction worth $239,680.

Commvault Systems Inc (CVLT) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.7 earnings per share (EPS), higher than consensus estimate (set at 0.64) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.84 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 12.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 118.73% growth over the previous five years of trading.

Commvault Systems Inc (NASDAQ: CVLT) Trading Performance Indicators

Take a look at Commvault Systems Inc’s (CVLT) current performance indicators. Last quarter, stock had a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.85. Likewise, its price to free cash flow for the trailing twelve months is 33.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.89, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 3.85 in one year’s time.

Technical Analysis of Commvault Systems Inc (CVLT)

Analysing the last 5-days average volume posted by the [Commvault Systems Inc, CVLT], we can find that recorded value of 0.29 million was lower than the volume posted last year of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 63.94%. Additionally, its Average True Range was 4.23.

During the past 100 days, Commvault Systems Inc’s (CVLT) raw stochastic average was set at 99.04%, which indicates a significant increase from 93.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.58% in the past 14 days, which was lower than the 42.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $135.00, while its 200-day Moving Average is $103.64. Now, the first resistance to watch is $156.57. This is followed by the second major resistance level at $157.73. The third major resistance level sits at $159.64. If the price goes on to break the first support level at $153.50, it is likely to go to the next support level at $151.59. Now, if the price goes above the second support level, the third support stands at $150.43.

Commvault Systems Inc (NASDAQ: CVLT) Key Stats

The company with the Market Capitalisation of 6.79 billion has total of 43,768K Shares Outstanding. Its annual sales at the moment are 839,250 K in contrast with the sum of 168,910 K annual income. Company’s last quarter sales were recorded 224,670 K and last quarter income was 18,530 K.