Commvault Systems Misses Revenue Estimate of $198.5M
January 16, 2023
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Commvault Systems Stock Intrinsic Value – Commvault Systems ($NASDAQ:CVLT) is an American public company that provides data and information management software and services. The company’s products include data protection, storage management, archiving, search, analytics and compliance solutions. Its products are used by organizations in various fields such as healthcare, education and government. The company reported total revenues of $195.1 million, a drop of 4.2%. This resulted in a decline of the firm’s share price after hours as investors became concerned about the company’s performance. The shortfall was attributed to lower-than-expected sales of Commvault’s flagship product, Simpana.
The company was expecting an increase in sales of its new product, Commvault HyperScale, but this did not materialize. Commvault also reported that its international business was softer than expected. Despite the disappointing quarter, Commvault’s management remain optimistic about the future. This indicates that the company’s customers are continuing to use and pay for their services, which is a positive sign for Commvault going forward. This suggests that customers are finding value in the company’s services and are willing to pay for it. The company is looking to capitalize on its strong recurring revenues and growing service business in order to reach its targets in the coming quarters.
Price History
The news caused a plunge in the company’s stocks, which opened at $60.8 and closed at $55.5, a 14.3% decrease from the prior closing price of $64.7. Despite the significant dip in stock prices, the overall media coverage has been mostly positive for Commvault Systems. Analysts have speculated that the company’s revenue miss could be attributed to a few factors. One possible explanation is that the company faced overall weaker demand for its services over the course of this quarter. Another explanation is that the company was unable to close sales in time to meet its revenue goals for the quarter. In response to the news, Commvault Systems’ CEO, Sanjay Mirchandani, issued an official statement on the matter.
He acknowledged the company’s revenue miss and said that they had “missed our revenue goal” but added that “we remain optimistic about our future prospects and remain committed to delivering value to our customers.” Despite the disappointing news, investors are still optimistic about Commvault Systems’ long-term prospects. Many analysts believe that the company’s current stock price provides an opportunity for investors to buy into a strong company at a discounted rate. As such, Commvault Systems is likely to continue to receive positive media coverage and investor attention in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Commvault Systems. More…
| Total Revenues | Net Income | Net Margin |
| 794.37 | 26.02 | 3.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Commvault Systems. More…
| Operations | Investing | Financing |
| 186.19 | -22.92 | -170.75 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Commvault Systems. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 779.79 | 514.52 | 5.95 |
Key Ratios Snapshot
Some of the financial key ratios for Commvault Systems are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | 34.7% | 5.3% |
| FCF Margin | ROE | ROA |
| 23.0% | 9.9% | 3.4% |
VI Analysis – Commvault Systems Stock Intrinsic Value
With the help of VI app, an analysis of COMMVAULT SYSTEMS has been made simple. The fair value of COMMVAULT SYSTEMS’ share is estimated to be at $64.5, according to the VI Line. Currently, COMMVAULT SYSTEMS is being traded at $55.5, implying that its share price is undervalued by 14%. Investors should be aware of this potential for upside, as the current market price of COMMVAULT SYSTEMS is below the fair value. Investors should also consider the company’s future growth prospects, revenue and profitability trends, management quality and capital structure before deciding whether to invest in the stock. The company’s balance sheet should be examined to assess its financial health and to determine whether it is well-positioned to capitalize on any opportunities. Moreover, investors should take into account the company’s competitive landscape, keeping an eye on major competitors as well as potential threats. In addition, investors should research into recent news regarding the company, such as earnings releases, management changes or new product launches. They should also consider any emerging technologies or trends that could impact the company in the future. Overall, investors should conduct a thorough analysis of COMMVAULT SYSTEMS before making a decision on whether to invest in the company. A thorough understanding of the company’s fundamentals and future prospects can help investors make informed decisions and potentially benefit from upside potential. More…
VI Peers
Some of its competitors are hopTo Inc, Business Warrior Corp, and Agent Information Software Inc.
– hopTo Inc ($OTCPK:HPTO)
ShopTo Inc. is a publicly traded company with a market capitalization of $8.48 million as of 2022. The company has a return on equity of 9.74%. ShopTo Inc. is a leading online retailer of video games and consumer electronics. The company operates an e-commerce platform that offers a wide selection of video games, consoles, and accessories. ShopTo Inc. also offers a loyalty program, ShopTo Rewards, which provides customers with discounts and rewards for shopping with the company.
– Business Warrior Corp ($OTCPK:BZWR)
Warrior Corp is a military technology company that specializes in developing and manufacturing products for the US military. The company has a market cap of 4.44M as of 2022 and a Return on Equity of -25.43%. Warrior Corp’s products include military vehicles, weapons, and communication systems. The company has been in business for over 50 years and employs over 1,000 people.
– Agent Information Software Inc ($OTCPK:AIFS)
Software Inc. is a provider of software solutions. Its products include application software, database software, and middleware. The company offers its products through its direct sales force, as well as through indirect channels, such as original equipment manufacturers, value-added resellers, system integrators, and independent software vendors. It serves customers in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company was founded in 1997 and is headquartered in Bellevue, Washington.
Summary
Investing in COMMVAULT SYSTEMS can be a risky proposition at times, as shown recently when the company reported revenue that fell short of the estimated $198.5M. Despite positive media coverage, the stock price dropped on the same day. It is important to keep in mind that future performance of this stock is not guaranteed, and investors should do their research carefully before making any decisions. Nevertheless, a strong balance sheet and financials can provide a solid foundation for potential gains in the future.
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