Commvault Systems (CVLT) Stock Falls Amid Market Uptick: What Investors Need to Know

Stock Performance - Commvault Systems closed at $162 80, down 0 74% from the previous session, underperforming the S&P 500's gain of 0 61%, the Dow's 0 3% rise, and the Nasdaq's 1 28% increase [1] - Over the past month, the company's shares gained 3 99%, outperforming the Computer and Technology sector's 1 24% gain and the S&P 500's 2 08% gain [1] Earnings and Revenue Projections - The company is expected to report earnings of$ 0 87 per share on January 28, 2025, representing a year-over-year growth of 11 54% [2] - Revenue for the upcoming quarter is projected at $245 53 million, a 13 24% increase compared to the year-ago quarter [2] - For the entire year, earnings are forecasted at$ 3 43 per share, up 15 1%, and revenue at $954 7 million, up 13 76% year-over-year [3] Analyst Estimates and Valuation - Recent changes in analyst estimates reflect shifting near-term business trends, with positive revisions indicating confidence in the company's performance [4] - The Zacks Consensus EPS estimate has decreased by 0 51% over the past month, and the company currently holds a Zacks Rank of 4 (Sell) [6] - Commvault Systems has a Forward P/E ratio of 47 84, significantly higher than the industry average of 31 23 [7] Industry Context - The Computer - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 158, placing it in the bottom 38% of all industries [7] - Industries in the top 50% of the Zacks Industry Rank outperform the bottom half by a factor of 2 to 1 [8]