CommVault Systems Inc (NASDAQ: CVLT) has reported earnings for its first fiscal quarter (ending June 30) of $0.05 versus a loss $-0.15 for the same period a year ago. E.P.S. were $0.07 for the latest four quarters through June 30 versus $0.11 for the same period a year ago — a decline of -36%.
Recent Price Action
On 7/28/20, CommVault Systems Inc (NASDAQ: CVLT) stock enjoyed a very large increase of 9.3%, closing at $42.85. Moreover, exceptionally high trading volume at 419% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 10.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CVLT is expected to continue to be a major Value Builder.
CommVault Systems has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CommVault Systems has a neutral Power Rating of 40 and a slightly negative Appreciation Score of 30, leading to the Negative Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.