Commvault Systems (CVLT) Is Up 4.36% in One Week: What You Should Know

Core Viewpoint - Commvault Systems (CVLT) is identified as a promising momentum stock, currently holding a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating potential for near-term price appreciation [3][4][12]. Company Performance - Over the past week, CVLT shares have increased by 4.36%, outperforming the Zacks Computer - Software industry, which rose by 3.59% during the same period [6]. - In a longer timeframe, CVLT's monthly price change is 18.9%, compared to the industry's 14.13% [6]. - Over the last quarter, CVLT shares have risen by 4.36%, and they have experienced a significant increase of 60.05% over the past year, while the S&P 500 has moved -2.26% and 13.85%, respectively [7]. Trading Volume - The average 20-day trading volume for CVLT is 510,605 shares, which serves as a useful indicator of market interest and price movement [8]. Earnings Outlook - In the past two months, three earnings estimates for CVLT have been revised upwards, while none have been revised downwards, leading to an increase in the consensus estimate from $4.05 to $4.11 [10]. - For the next fiscal year, two estimates have moved upwards, while one has been revised downwards [10].