Company Overview - Commvault is a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, helping over 100,000 organizations keep data safe and businesses resilient [4] - The company offers the only cyber resilience platform that combines data security and rapid recovery at enterprise scale across any workload, anywhere, at the lowest total cost of ownership (TCO) [4] Sponsorship Announcement - Commvault announced its sponsorship of MI New York, the defending champions of Major League Cricket (MLC), marking a strategic move to engage with cricket fans and support a growing sport in the U.S. [1][2] - The sponsorship will feature the Commvault logo on jerseys, stadium signage, and across various media platforms, along with opportunities for fan engagement through exclusive events [2] Community Engagement - Commvault's partnership with MI New York aims to foster community and resilience, with plans to offer tickets to local charitable initiatives, allowing more people to experience cricket [2] - The collaboration seeks to educate a broader audience about the importance of resilience, applicable in both personal and professional contexts [2] Cricket Industry Insights - Cricket is the second most watched sport globally, with over 2.5 billion fans, and its popularity is surging in the United States [2] - MI New York, established in 2023, is part of the MI family, which has won 10 titles across various leagues globally, including the Indian Premier League [5][6]

Company strengthens its expertise in cyber resilience with the appointment of Gareth Russell as Field Chief Technology Officer, Security for Asia Pacific SINGAPORE and SYDNEY, May 27, 2024 /PRNewswire/ -- Commvault, a leading provider of data protection and cyber resilience solutions for hybrid cloud organisations, today announced the appointment of Gareth Russell as Field Chief Technology Officer, Security for Asia Pacific (APAC). This newly created role reflects Commvault's commitment to extending its dee ...

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Commvault Systems (CVLT) . Check price target & stock forecast for Commvault here>>> While the ABR calls for buying Commvault, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increas ...

Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to inherent risks and volatility [1] Group 1: Company Overview - Commvault Systems (CVLT) is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 23%, with projected EPS growth of 13.3% this year, surpassing the industry average of 12.1% [5] Group 2: Key Metrics - Commvault's asset utilization ratio is 1.03, indicating that the company generates $1.03 in sales for every dollar in assets, significantly higher than the industry average of 0.46 [6] - The company's sales are expected to grow by 7.4% this year, compared to the industry average of 6.7% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Commvault, with the Zacks Consensus Estimate for the current year increasing by 18.9% over the past month [8] - This trend has contributed to Commvault achieving a Zacks Rank 1 (Strong Buy) and a Growth Score of B [9] Group 4: Investment Potential - The combination of strong earnings growth, efficient asset utilization, and positive earnings estimate revisions positions Commvault well for outperformance, making it an attractive option for growth investors [10]

There's a saying that you have to turn over a lot of rocks to find a stock that's worth investing in for the long haul. This is especially true when hunting for unique stocks that aren't on everyone else's radar or discussed ad nauseum in the financial press. But locating rare or obscure stocks to buy can pay off handsomely should they end up outperforming the broader market. Technology stocks are often the best place to look for growth. The sheer size of the sector means there are lots of securities availa ...

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Commvault Systems is currently sporting a Zacks Rank of #1 (Strong Buy). In contrast, Alphabet falls under the Internet - Services industry. Currently, this industry has 39 stocks and is ranked #67. Since the beginning of the year, the industry ha ...

19 Commvault global women leaders have been named to CRN's 2024 Women of the Channel   TINTON FALLS, N.J., May 13, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, announced today that CRN®, a brand of The Channel Company, has named 19 of the company's global executives to the Women of the Channel List for 2024.   Every year, CRN highlights women from vendor, distributor, and solution provider organizations whose vision and leadership ...

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Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...

Commvault Systems (CVLT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this data-management software company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ea ...