Market Momentum Report: Commvault Systems Inc (CVLT)’s Positive Close at 171.84

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Commvault Systems Inc (NASDAQ: CVLT) closed at $171.84 in the last session, up 7.80% from day before closing price of $159.41. In other words, the price has increased by $7.80 from its previous closing price. On the day, 0.67 million shares were traded. CVLT stock price reached its highest trading level at $172.83 during the session, while it also had its lowest trading level at $167.64.

Ratios:

We take a closer look at CVLT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.

On January 31, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $109.

On August 17, 2023, DA Davidson started tracking the stock assigning a Buy rating and target price of $85.DA Davidson initiated its Buy rating on August 17, 2023, with a $85 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 30 ’24 when Lee Vivie sold 1,569 shares for $152.76 per share. The transaction valued at 239,680 led to the insider holds 13,550 shares of the business.

Adamo Nicola sold 1,569 shares of CVLT for $239,680 on Aug 30 ’24. The Director now owns 17,903 shares after completing the transaction at $152.76 per share. On Aug 30 ’24, another insider, Pickens Allison, who serves as the Director of the company, sold 1,232 shares for $153.89 each. As a result, the insider received 189,595 and left with 7,131 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVLT now has a Market Capitalization of 7513875456 and an Enterprise Value of 7223303168. As of this moment, Commvault’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.53, and their Forward P/E ratio for the next fiscal year is 43.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.37 while its Price-to-Book (P/B) ratio in mrq is 27.06. Its current Enterprise Value per Revenue stands at 8.043 whereas that against EBITDA is 78.479.

Stock Price History:

Over the past 52 weeks, CVLT has reached a high of $171.26, while it has fallen to a 52-week low of $66.80. The 50-Day Moving Average of the stock is 14.16%, while the 200-Day Moving Average is calculated to be 41.88%.

Shares Statistics:

According to the various share statistics, CVLT traded on average about 363.53K shares per day over the past 3-months and 559130 shares per day over the past 10 days. A total of 43.55M shares are outstanding, with a floating share count of 42.88M. Insiders hold about 1.94% of the company’s shares, while institutions hold 95.94% stake in the company. Shares short for CVLT as of 1728950400 were 809774 with a Short Ratio of 2.23, compared to 1726185600 on 855745. Therefore, it implies a Short% of Shares Outstanding of 809774 and a Short% of Float of 2.55.

Most Popular