Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on CommVault Systems CVLT in the last three months.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 2 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $122.0, a high estimate of $140.00, and a low estimate of $98.00. This upward trend is apparent, with the current average reflecting a 11.42% increase from the previous average price target of $109.50.
Exploring Analyst Ratings: An In-Depth Overview
In examining recent analyst actions, we gain insights into how financial experts perceive CommVault Systems. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Rudy Kessinger | DA Davidson | Raises | Buy | $135.00 | $125.00 |
| Aaron Rakers | Wells Fargo | Raises | Overweight | $140.00 | $125.00 |
| Eric Martinuzzi | Lake Street | Raises | Hold | $98.00 | $86.00 |
| Rudy Kessinger | DA Davidson | Raises | Buy | $125.00 | $115.00 |
| Dan Bergstrom | RBC Capital | Raises | Sector Perform | $112.00 | $97.00 |
| Thomas Blakey | Keybanc | Raises | Overweight | $122.00 | $109.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to CommVault Systems. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of CommVault Systems compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of CommVault Systems's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of CommVault Systems's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on CommVault Systems analyst ratings.
About CommVault Systems
CommVault Systems Inc provides data and information management software applications and services. The firm sells software licenses and services to large global enterprises, small- and midsize businesses, and government agencies through both its salesforce and its network of reseller partners. Its software solutions include Commvault Complete Backup and Recovery, HyperScale, Hedvig, and Metallic. The company operates in the United States and exports to many other countries.
CommVault Systems: Financial Performance Dissected
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: CommVault Systems displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 9.74%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: CommVault Systems's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 56.48% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): CommVault Systems's ROE stands out, surpassing industry averages. With an impressive ROE of 55.72%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): CommVault Systems's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 14.43%, the company showcases efficient use of assets and strong financial health.
Debt Management: CommVault Systems's debt-to-equity ratio is below the industry average. With a ratio of 0.04, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
How Are Analyst Ratings Determined?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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