For its second fiscal quarter (ending September 30), CommVault Systems Inc (NASDAQ: CVLT) has reported a 20% increase in E.P.S. from $0.30 a year ago to $0.36 in the current quarter. E.P.S. were $4.06 for the latest four quarters through September 30 versus $-0.41 for the same period a year ago — a decline of -1090%.
Recent Price Action
CommVault Systems Inc (NASDAQ: CVLT) stock enjoyed a major increase of 24.0% on 10/29/24. The shares closed at $169.79. Moreover, exceptionally high trading volume at 467% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 22.2% during the last week.
Current PriceTarget Research Rating
CVLT is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
CommVault Systems has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CommVault Systems has a poor Appreciation Score of 16 but a very high Power Rating of 94, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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