Back to top

Image: Bigstock

Commvault Systems (CVLT) Surpasses Market Returns: Some Facts Worth Knowing

Read MoreHide Full Article

Commvault Systems (CVLT - Free Report) ended the recent trading session at $95.58, demonstrating a +2.08% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 1.05% for the day. At the same time, the Dow added 0.69%, and the tech-heavy Nasdaq gained 1.64%.

The data-management software company's stock has climbed by 19.58% in the past month, exceeding the Computer and Technology sector's gain of 12.58% and the S&P 500's gain of 8.59%.

Market participants will be closely following the financial results of Commvault Systems in its upcoming release. The company plans to announce its earnings on April 28, 2026. The company's upcoming EPS is projected at $1.11, signifying a 7.77% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $306.42 million, indicating a 11.41% increase compared to the same quarter of the previous year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.19 per share and a revenue of $1.17 billion, indicating changes of +14.79% and +17.88%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for Commvault Systems. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Commvault Systems boasts a Zacks Rank of #2 (Buy).

In the context of valuation, Commvault Systems is at present trading with a Forward P/E ratio of 18.76. This represents a premium compared to its industry average Forward P/E of 16.6.

The Computer - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 66, which puts it in the top 28% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in