CommVault Systems Inc (NASDAQ: CVLT) has reported E.P.S. of $2.89 for its fourth fiscal quarter (ending March 31) versus $-0.98 for the same period a year ago. Relative to the consensus estimate of $0.73, this was a premium of $2.16. For the latest four quarters through March 31, E.P.S. were $3.85 compared to $-0.80 a year ago.
Recent Price Action
CommVault Systems Inc (NASDAQ: CVLT) stock enjoyed a large increase of 3.1% on 4/30/24. The stock closed at $102.47. Moreover, this advance was accompanied by exceptionally high trading volume at 236% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.3% during the last week.
Current PriceTarget Research Rating
CVLT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
CommVault Systems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CommVault Systems has a poor Appreciation Score of 17 but a very high Power Rating of 91, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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