Commvault Systems Inc (NASDAQ: CVLT) kicked off on Tuesday, up 23.96% from the previous trading day, before settling in for the closing price of $136.97. Over the past 52 weeks, CVLT has traded in a range of $64.32-$165.73.
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A company in the Technology sector has jumped its sales by 3.50% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 14.54%. With a float of $42.87 million, this company’s outstanding shares have now reached $43.55 million.
In an organization with 2882 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 81.89%, operating margin of 8.59%, and the pretax margin is 9.21%.
Commvault Systems Inc (CVLT) Insider and Institutional Ownership
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 1.94%, while institutional ownership is 96.18%. The most recent insider transaction that took place on Aug 30 ’24, was worth 239,680. In this transaction Director of this company sold 1,569 shares at a rate of $152.76, taking the stock ownership to the 13,550 shares. Before that another transaction happened on Aug 30 ’24, when Company’s Director sold 1,569 for $152.76, making the entire transaction worth $239,680. This insider now owns 17,903 shares in total.
Commvault Systems Inc (CVLT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 14.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% 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 8.57. Likewise, its price to free cash flow for the trailing twelve months is 36.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.89, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 3.91 in one year’s time.
Technical Analysis of Commvault Systems Inc (CVLT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.65 million. That was better than the volume of 0.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.91%. Additionally, its Average True Range was 6.42.
During the past 100 days, Commvault Systems Inc’s (CVLT) raw stochastic average was set at 97.49%, which indicates a significant increase from 96.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.53% in the past 14 days, which was higher than the 58.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $149.37, while its 200-day Moving Average is $118.67. However, in the short run, Commvault Systems Inc’s stock first resistance to watch stands at $179.90. Second resistance stands at $190.00. The third major resistance level sits at $208.74. If the price goes on to break the first support level at $151.05, it is likely to go to the next support level at $132.32. The third support level lies at $122.21 if the price breaches the second support level.
Commvault Systems Inc (NASDAQ: CVLT) Key Stats
The company with the Market Capitalisation of 7.42 billion has total of 43,713K 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.
