Commvault Systems (CVLT) Stock Sinks As Market Gains: Here's Why

Company Performance - Commvault Systems closed at $182.01, reflecting a -0.67% change from the previous session, underperforming the S&P 500 which gained 0.01% [1] - The stock has increased by 6.39% over the past month, lagging behind the Computer and Technology sector's 7.95% gain and outperforming the S&P 500's 5.2% increase [1] Upcoming Earnings - The company is expected to report an EPS of$ 0.97, representing a 14.12% growth year-over-year [2] - Revenue is forecasted to be $268.63 million, indicating a 19.57% increase compared to the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at$ 4.11 per share, reflecting a +12.6% change from the previous year [3] - Revenue is estimated at $1.13 billion, indicating a +13.97% growth year-over-year [3] Analyst Sentiment - Recent changes in analyst estimates suggest a positive outlook for Commvault Systems, indicating optimism about the company's business and profitability [3][4] - The Zacks Rank system currently rates Commvault Systems as 2 (Buy), with a Forward P/E ratio of 44.61, which is a premium compared to the industry average of 26.02 [5] Industry Context - The Computer - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 52, placing it in the top 22% of over 250 industries [6] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1 [6]