Citrix Systems Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Citrix Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTXS, but not buy additional shares or sell existing shares.
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Citrix Systems is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
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Citrix Systems will be holding an earnings conference call on Thursday, July 29th at 8:15 AM Eastern. Interested parties can register for or listen to the call using this link.

Citrix Systems, Inc. (NASDAQ:CTXS) posted its quarterly earnings data on Thursday, April, 29th. The cloud computing company reported $1.42 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.43 by $0.01. The cloud computing company earned $776 million during the quarter, compared to the consensus estimate of $798.74 million. Citrix Systems had a net margin of 13.11% and a trailing twelve-month return on equity of 547.90%. The firm's revenue was down 9.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.73 earnings per share.
View Citrix Systems' earnings history.

Citrix Systems' stock was trading at $114.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CTXS shares have decreased by 0.1% and is now trading at $114.71.
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Citrix Systems announced a quarterly dividend on Thursday, April 29th. Investors of record on Friday, June 11th will be paid a dividend of $0.37 per share on Friday, June 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Thursday, June 10th.
View Citrix Systems' dividend history.

Citrix Systems pays an annual dividend of $1.48 per share and currently has a dividend yield of 1.29%. Citrix Systems does not yet have a strong track record of dividend growth. The dividend payout ratio of Citrix Systems is 35.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Citrix Systems will have a dividend payout ratio of 38.24% next year. This indicates that Citrix Systems will be able to sustain or increase its dividend.
View Citrix Systems' dividend history.

Citrix Systems updated its second quarter 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share guidance of 1.150-1.200 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.550. The company issued revenue guidance of $840 million-$850 million, compared to the consensus revenue estimate of $828.73 million.

5 brokerages have issued 1 year price targets for Citrix Systems' stock. Their forecasts range from $143.00 to $205.00. On average, they expect Citrix Systems' share price to reach $161.50 in the next year. This suggests a possible upside of 40.8% from the stock's current price.
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505 employees have rated Citrix Systems CEO David Henshall on Glassdoor.com. David Henshall has an approval rating of 91% among Citrix Systems' employees. This puts David Henshall in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Citrix Systems include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), Tyler Technologies (TYL), SS&C Technologies (SSNC), Nuance Communications (NUAN), Fair Isaac (FICO), FactSet Research Systems (FDS) and Pegasystems (PEGA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Citrix Systems investors own include NVIDIA (NVDA), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), Netflix (NFLX), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Adobe (ADBE), AbbVie (ABBV) and salesforce.com (CRM).

Citrix Systems trades on the NASDAQ under the ticker symbol "CTXS."

Citrix Systems' stock is owned by many different institutional and retail investors. Top institutional investors include Cantillon Capital Management LLC (2.11%), State of Alaska Department of Revenue (0.07%), IFM Investors Pty Ltd (0.01%), Access Financial Services Inc. (0.01%), New Mexico Educational Retirement Board (0.01%) and Cypress Capital Group (0.00%). Company insiders that own Citrix Systems stock include Antonio G Gomes, Arlen Shenkman, David J Henshall, Donna Nappen Kimmel, Hector Lima, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Nanci Caldwell, Paul J Hough, Peter John Sacripanti, Robert Calderoni, Rotterdam Jeroen Van, Sridhar Mullapudi and Timothy A Minahan.
View institutional ownership trends for Citrix Systems.

CTXS stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Harel Insurance Investments & Financial Services Ltd., Cypress Capital Group, and Raymond James Trust N.A.. Company insiders that have sold Citrix Systems company stock in the last year include Antonio G Gomes, Arlen Shenkman, David J Henshall, Donna Nappen Kimmel, Hector Lima, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Paul J Hough, Sridhar Mullapudi, and Timothy A Minahan.
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CTXS stock was acquired by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Resonant Capital Advisors LLC, Corsicana & Co., New Mexico Educational Retirement Board, Cantillon Capital Management LLC, Access Financial Services Inc., and V Wealth Advisors LLC.
View insider buying and selling activity for Citrix Systems or or view top insider-buying stocks.

Shares of CTXS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CTXS stock can currently be purchased for approximately $114.71.

Citrix Systems has a market capitalization of $14.24 billion and generates $3.24 billion in revenue each year. The cloud computing company earns $504.45 million in net income (profit) each year or $4.17 on an earnings per share basis.

Citrix Systems employs 9,000 workers across the globe.

The following companies are subsidiares of Citrix Systems: APM, Apere Enterprise Storage Solutions India Pvt. Ltd., App-DNA, Ardence Inc, Aurema, Beetil Service Management Software, Byte Squared, Byte Squared Limited, Bytemobile, Bytemobile Inc., Bytemobile European Development Center MEPE, Bytemobile Hong Kong Ltd., Bytemobile Inc., Bytemobile International Corp., Bytemobile Solutions Pvt Ltd, Carbon Software Technologies Holdings Limited, Caymas Systems, Cedexis, Cedexis Inc., Cedexis Sas, Citrix Application Networking LLC, Citrix Finance Cayman LP, Citrix Global Holdings B.V., Citrix Global Holdings UK Limited, Citrix Greece MEPE, Citrix Holanda B.V., Citrix Offshore Investments Ltd., Citrix Online AUS Pty Ltd., Citrix Online Audio LLC, Citrix Online Service Provider Group Inc., Citrix Overseas Holdings B.V., Citrix R&D India Private Limited, Citrix R&D Limited, Citrix Sistemas de Argentina S.R.L., Citrix Sistemas de Chile Ltda., Citrix Sistemas de Colombia SAS, Citrix Sistemas de Mexico S. de RL de CV, Citrix Sistemas do Brasil Ltda., Citrix Systems Asia Pacific Pty Ltd., Citrix Systems Belgium S.A.R.L., Citrix Systems Bulgaria EEOD, Citrix Systems Canada Inc., Citrix Systems Czech Republic SRO, Citrix Systems Denmark ApS, Citrix Systems Finland Oy, Citrix Systems France SARL, Citrix Systems GmbH, Citrix Systems Hong Kong Limited, Citrix Systems India Private Limited, Citrix Systems Information Technology (Beijing) Ltd, Citrix Systems International GmbH, Citrix Systems Ireland Ltd, Citrix Systems Italy S.r.L., Citrix Systems Japan Kabushiki Kaisha, Citrix Systems Korea Limited, Citrix Systems Malaysia Sdn Bhd, Citrix Systems Netherlands B.V., Citrix Systems New Zealand Ltd., Citrix Systems Norway AS, Citrix Systems Overseas Holding GmbH, Citrix Systems Poland Sp. Zo.o, Citrix Systems Puerto Rico Corp., Citrix Systems Singapore Pte Ltd., Citrix Systems Slovakia SRO, Citrix Systems South Africa (Pty) Ltd., Citrix Systems Spain SL, Citrix Systems Sweden AB, Citrix Systems Taiwan Ltd, Citrix Systems Turkey YVH Ltd S, Citrix Systems UK Limited, Citrix Technologies GmbH, Citrixus Sistemas de Costa Rica SRL, Cloud.com, DataPac Australasia Pty Limited, EMS-Cortex, Expertcity, Framehawk, GetGo AUS Pty Ltd., GetGo Audio LLC, GetGo Communications LLC, GetGo Communications Virginia LLC, GetGo Germany GmbH, GetGo Holdings Bermuda Limited, GetGo Inc., GetGo Investment LLC, GetGo Software Technologies India Private Limited, GetGo Technologies Ireland Limited, GetGo Technologies UK Limited, GoToMeeting-duplicate, Grasshopper, Grasshopper Group LLC, Innovex Group, Insignia Solutions, Interconnect Medical Inc., Kaviza, Net6, NetScaler, Netviewer, Norskale, Octoblu, Octoblu Inc., Orbital Data, Paglo, Peninsula Finance LLC, Peninsula Investment Corp., Podio, Podio ApS, Podio Inc., QuickTree, Reflectent Software, RightSignature, RightSignature LLC, RingCube Technologies, Ringcube Software Tech Pvt Ltd., Sanbolic, Sanbolic LLC, Sapho, ScaleXtreme, Sequoia Software, ShareFile, ShareFile LLC, Skytide, Solid Instance, Teros, ThinGenius, Unidesk, Unti Acquisition Corp., VDOnet Corp., VMLogix, Vapps, Viewsoft Inc, Virtual, Virtual Computer, Virtuall Solutions Ltd., Virtuall Solutions Sas, Wrike, XenSource, Zenprise, and sepagoPROFILE.

Citrix Systems was founded in 1989.

The official website for Citrix Systems is www.citrix.com.

Citrix Systems is headquartered at 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL, 33309.

Citrix Systems' mailing address is 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL, 33309. The cloud computing company can be reached via phone at 954-267-3000 or via email at [email protected]