Stocks Aim To Attain Street Attentions: Commvault Systems (NASDAQ:CVLT), United Technologies (UTX)

Commvault Systems, Inc. (NASDAQ:CVLT) [Trend Analysis] moved up reacts as active mover, shares an advance 1.70% to traded at $56.80 and the percentage gap between open changing to regular change was 0.18%. Commvault (CVLT) reported that continued worldwide consumer momentum driven in part by Commvault’s recent innovations to help consumers on their journey to the cloud, manage application workloads, enhance automation for powerful orchestration and leverage new simplified interfaces, among other enhancements.

At the foundation for these new innovations is the Commvault Data Platform, which is built on an open API architecture, enabling consumers the flexibility of choice in infrastructure, platform, compute and storage providers. Some of the new and existing consumers that have expanded their investment into Commvault’s portfolio of data management solutions and/or services in Q3 FY 2017. The firm’s current ratio calculated as 2.10 for the most recent quarter. The firm past twelve months price to sales ratio was 4.02 and price to cash ratio remained 5.74. As far as the returns are concern, the return on equity was recorded as 1.90% and return on investment was 0.10% while its return on asset stayed at 1.10%. The firm has total debt to equity ratio measured as 0.00.

United Technologies Corporation (NYSE:UTX) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.15% to close at $111.61 with the total traded volume of 3.24 Million shares. United Technologies Corp. (UTX) declared that its Q4 profit of $1.01 billion. The Farmington, Connecticut-based company said it had profit of $1.25 per share. Earnings, adjusted for non-recurring costs and restructuring costs, were $1.56 per share. The results met Wall Street expectations.

The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of $1.56 per share. The maker of elevators, jet engines and other products posted revenue of $14.66 billion in the period, topping Street forecasts. Six analysts surveyed by Zacks expected $14.62 billion. For the year, the company declared profit of $5.06 billion, or $6.12 per share. Revenue was declared as $57.24 billion. United Technologies expects full-year earnings in the range of $6.30 to $6.60 per share, with revenue in the range of $57.5 billion to $59 billion. The firm has institutional ownership of 81.80%, while insider ownership included 0.13%. Its price to sales ratio ended at 1.61. UTX attains analyst recommendation of 2.40 with week’s performance of 1.49%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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