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How to Buy Commvault Systems Stock

Commvault Systems Inc

Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally.

Commvault Systems stock last closed at $121.96, down 2.28% from the previous day, and has increased 59.74% in one year. It has overperformed other stocks in the Software - Application industry by 0.42 percentage points. Commvault Systems stock is currently +91.46% from its 52-week low of $63.70, and -3.92% from its 52-week high of $126.93.

There are currently 43.4M CVLT shares outstanding. The market capitalization of CVLT is $5.29B. In the last 24 hours, 470,700 CVLT shares were traded.

How to Buy Commvault Systems Stock

Wondering how to invest in Commvault Systems stock? Here's how.
  1. Choose where to buy Commvault Systems stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Commvault Systems stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Evaluate Commvault Systems stock: The Commvault Systems ticker symbol is CVLT. Is Commvault Systems stock a good investment? Should you buy shares of CVLT? How do CVLT's underlying business fundamentals look? Do top analysts think Commvault Systems is a good buy? Why has CVLT's stock price moved recently? (Hint: Our stock analysis website can help you figure out if CVLT is a good stock to buy).
  5. Execute your CVLT trade: Decide if you will purchase CVLT shares at the current market price or use a limit order to purchase CVLT shares at a specific price.
  6. Get updates on your CVLT investment: Create a watchlist to important updates regarding your position in Commvault Systems shares.

Step 1: Choose where to buy Commvault Systems stock

You will need a brokerage account to access the NASDAQ market and buy CVLT shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to invest in CVLT today.

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  1. Submit your data by pressing the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you have created your account on the best stock investing app, you need to deposit funds:

Watch the video below if you need help transferring money into your new brokerage account.

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Step 4: Evaluate Commvault Systems stock

After you have identified the best place to buy Commvault Systems stock, it's absolutely critical to evaluate their stock prior to investing, so you can understand the risk as well as the opportunity.

Commvault Systems shares quick numbers

CVLT Price
$121.96
1w %
1.29%
1y %
59.74%
5y %
143.29%
P/E
31.68x
P/B
19.03x
P/S
6.38x
PEG
N/A
Revenue
$839.25M
Earnings
$168.91M
Fore. Rev. Growth
8.18%
Fore. Earn. Growth
-28.83%
Market Cap
$5.29B
Next Earnings
Jul 30, 2024
Next Dividend
N/A

Commvault Systems Zen Score

WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on CVLT's stock page.

Is CVLT stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CVLT's intrinsic value.

Using relative valuations metrics:

  • CVLT may be overvalued based on its P/E ratio of 31.68x, relative to Software - Application industry P/E ratio of 23.63x
  • CVLT may be overvalued based on its P/B ratio of 19.03x, relative to Software - Application industry P/B ratio of 6.39x

You can access additional valuation research on CVLT's stock here.

CVLT Financial Health Summary

Positive Financial Indicators:

  • CVLT profit margin has gone up from -4.6% to 20.1% in the past year.
  • There are more short-term assets than short-term liabilities on the CVLT balance sheet.
  • CVLT earnings of $84.03M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the CVLT balance sheet.
  • CVLT's operating cash flow of $203.80M allows it to safely service it's debt of $12.09M.

Negative Financial Indicators:

  • Total CVLT debt is higher than 5 years ago, relative to shareholder equity.
  • CVLT has a relatively high debt to equity ratio of 2.39.

Is it a good time to buy CVLT stock, according to analysts?

Out of 7 sell side analysts who monitor CVLT, the consensus analyst rating on CVLT is a Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent CVLT Analyst Ratings

Eric Martinuzzi, a bottom 6% analyst from Lake Street maintains CVLT with a hold rating and raises their CVLT price target from $86.00 to $98.00, on May 1, 2024.

Dan Bergstrom, a bottom 14% analyst from RBC Capital maintains CVLT with a hold rating and raises their CVLT price target from $97.00 to $112.00, on May 1, 2024.

You can dig deeper into what analysts are projecting on the Commvault Systems stock forecast page.

CVLT Momentum

SMA10
122.77
SMA20
121.57
SMA50
115.56
SMA100
106.95
SMA200
91.65
MACD
2.4
MACD Signal
2.75
MACD Histogram
-0.35
RSI
56.04
Stochastic %K
58.65
Stochastic %D
59.91
StochRSI %K
31.71
StochRSI %D
36.04

Is CVLT Growing Revenue?

Last year, CVLT earnings were $168.91M. During the last 5 year, CVLT's earnings have increased by 117.01% per year. This was faster than the Software - Application industry average of 18.47%.

Last year, CVLT revenue was $839.25M. Over the past 5 year, CVLT's revenue has grown by 3.37% per year. This was slower than the Software - Application industry average of 30.48%.

You can research CVLT's earnings and revenue performance here.

Who is buying/selling CVLT?

In the past 12 months, executives and large shareholders at CVLT have sold more shares than they have bought.

Allison Pickens, Director of CVLT, was the latest CVLT insider to sell. They sold $41,324.67 worth of CVLT shares on May 30, 2024.

Get more info about who owns CVLT shares here.

Does CVLT stock generate passive income?

No, Commvault Systems doesn't provide an income stream by paying out dividends.

What others are saying about CVLT

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your CVLT trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.

Click the Open button and eToro will place the order.

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Step 6: Get updates on your CVLT investment

Now that you own some shares in CVLT, you'll want to stay up-to-date on your new shares.

Make a watchlist to track the most important metrics related to your CVLT stock.

CVLT Feed

How to Buy Stock in Commvault Systems

To summarize, here are the 6 steps to buy stock in Commvault Systems:

  1. Choose where to buy Commvault Systems stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Commvault Systems stock
  5. Execute your CVLT trade
  6. Get updates on your CVLT investment

If you are looking for a place to buy stocks, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your investment in Commvault Systems, create a watchlist on WallStreetZen today.

NASDAQ: CVLT
$121.96-2.84 (-2.28%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: CVLT
$121.96-2.84 (-2.28%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Commvault Systems share?

As of Jul 17, 2024, it costs $121.96 to buy one share of Commvault Systems stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.082 shares of CVLT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Commvault Systems stock?

According to 7 Wall Street analysts who monitor Commvault Systems, their consensus recommendation is to buy Commvault Systems stock.

What is the best way to buy Commvault Systems stock?

One way to place an order for Commvault Systems stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.