In the latest trading session, Commvault Systems (CVLT) closed at $140.51, marking a -1.11% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.57%. Elsewhere, the Dow lost 0.84%, while the tech-heavy Nasdaq lost 2.15%.

The data-management software company's stock has dropped by 4.31% in the past month, exceeding the Computer and Technology sector's loss of 16.01% and the S&P 500's loss of 12.16%.

Market participants will be closely following the financial results of Commvault Systems in its upcoming release. The company plans to announce its earnings on April 29, 2025. It is anticipated that the company will report an EPS of $0.92, marking a 16.46% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $262.8 million, reflecting a 17.69% rise from the equivalent quarter last year.

Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Commvault Systems. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Commvault Systems possesses a Zacks Rank of #3 (Hold).

With respect to valuation, Commvault Systems is currently being traded at a Forward P/E ratio of 35.06. This indicates a premium in contrast to its industry's Forward P/E of 22.29.

The Computer - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 72, positioning it in the top 30% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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CommVault Systems, Inc. (CVLT) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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