NASDAQ:CTXS - Citrix Systems Stock Price, News, & Analysis

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$106.25 -0.24 (-0.23 %)
(As of 02/19/2019 02:20 PM ET)
Previous Close$106.49
Today's Range$105.95 - $106.74
52-Week Range$89.75 - $116.82
Volume38,775 shs
Average Volume2.01 million shs
Market Capitalization$14.32 billion
P/E Ratio23.20
Dividend Yield1.32%
Beta1.06
Citrix Systems, Inc. delivers solutions to secure and access applications worldwide. The company offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients. Its workspace services also comprise XenMobile enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data solutions. In addition, the company offers networking products comprising NetScaler ADC, a software-defined application delivery controller and load balancer for mobile, remote, and branch users; and NetScaler SD-WAN, an integrated platform that enhances traditional enterprise applications, SaaS applications, and virtual desktops for remote users. Further, it provides content collaboration services that include ShareFile, a cloud-based file sharing and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices for businesses. Additionally, the company offers subscription, software solutions, hardware maintenance, professional consulting, and product training and certification services. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. Citrix Systems, Inc. was founded in 1989 and is headquartered in Fort Lauderdale, Florida.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:CTXS
CUSIP17737610
Phone954-267-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.97 billion
Cash Flow$6.4083 per share
Book Value$4.09 per share

Profitability

Net Income$575.66 million

Miscellaneous

Employees7,500
Market Cap$14.32 billion
OptionableOptionable

Citrix Systems (NASDAQ:CTXS) Frequently Asked Questions

What is Citrix Systems' stock symbol?

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

How often does Citrix Systems pay dividends? What is the dividend yield for Citrix Systems?

Citrix Systems announced a quarterly dividend on Wednesday, January 23rd. Shareholders of record on Friday, March 8th will be paid a dividend of $0.35 per share on Friday, March 22nd. This represents a $1.40 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Thursday, March 7th. View Citrix Systems' Dividend History.

How will Citrix Systems' stock buyback program work?

Citrix Systems declared that its board has approved a share buyback plan on Wednesday, October 24th 2018, which authorizes the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5.4% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) announced its earnings results on Wednesday, January, 23rd. The cloud computing company reported $1.67 EPS for the quarter, beating the Zacks' consensus estimate of $1.59 by $0.08. The cloud computing company earned $802 million during the quarter, compared to analyst estimates of $791.27 million. Citrix Systems had a return on equity of 101.74% and a net margin of 19.36%. The business's quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.66 EPS. View Citrix Systems' Earnings History.

When is Citrix Systems' next earnings date?

Citrix Systems is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Citrix Systems.

What guidance has Citrix Systems issued on next quarter's earnings?

Citrix Systems updated its FY19 earnings guidance on Wednesday, January, 23rd. The company provided earnings per share (EPS) guidance of $6.00 for the period, compared to the Thomson Reuters consensus estimate of $6.06. The company issued revenue guidance of $3.08-3.09 billion, compared to the consensus revenue estimate of $3.09 billion.Citrix Systems also updated its FY 2019 guidance to $6.00-6.00 EPS.

What price target have analysts set for CTXS?

13 equities research analysts have issued 1 year price targets for Citrix Systems' shares. Their predictions range from $101.00 to $130.00. On average, they anticipate Citrix Systems' share price to reach $113.8333 in the next year. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for Citrix Systems.

What is the consensus analysts' recommendation for Citrix Systems?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 1 sell rating, 8 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Citrix Systems.

Has Citrix Systems been receiving favorable news coverage?

News stories about CTXS stock have trended somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Citrix Systems earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave news coverage about the cloud computing company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Are investors shorting Citrix Systems?

Citrix Systems saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 13,011,414 shares, an increase of 15.7% from the December 31st total of 11,249,761 shares. Based on an average daily trading volume, of 1,837,336 shares, the short-interest ratio is presently 7.1 days. Approximately 9.8% of the shares of the stock are short sold. View Citrix Systems' Current Options Chain.

Who are some of Citrix Systems' key competitors?

Who are Citrix Systems' key executives?

Citrix Systems' management team includes the folowing people:
  • Mr. David James Henshall, CEO, Pres & Director (Age 51)
  • Ms. Donna N. Kimmel, Sr. VP & Chief People Officer (Age 56)
  • Mr. Mark M. Coyle, Sr. VP of Fin. (Age 61)
  • Mr. Mark J. Ferrer, Exec. VP & Chief Revenue Officer (Age 59)
  • Mr. Andrew Del Matto, Exec. VP & CFO (Age 60)

Who are Citrix Systems' major shareholders?

Citrix Systems' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Oregon Public Employees Retirement Fund (3.31%), First Trust Advisors LP (1.81%), Northern Trust Corp (1.76%), MERIAN GLOBAL INVESTORS UK Ltd (1.48%), Geode Capital Management LLC (1.47%) and Two Sigma Advisers LP (1.12%). Company insiders that own Citrix Systems stock include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark M Coyle, Murray J Demo, Paul J Hough, Robert Calderoni, Rotterdam Jeroen Van and Timothy A Minahan. View Institutional Ownership Trends for Citrix Systems.

Which institutional investors are selling Citrix Systems stock?

CTXS stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, First Trust Advisors LP, Two Sigma Investments LP, Banco Santander S.A., MERIAN GLOBAL INVESTORS UK Ltd, Assenagon Asset Management S.A., Squarepoint Ops LLC and Two Sigma Advisers LP. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Jessica Soisson, Mark J Ferrer, Paul J Hough, Robert Calderoni, Rotterdam Jeroen Van and Timothy A Minahan. View Insider Buying and Selling for Citrix Systems.

Which institutional investors are buying Citrix Systems stock?

CTXS stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, APG Asset Management N.V., Northern Trust Corp, O Shaughnessy Asset Management LLC, WINTON GROUP Ltd, Prudential Financial Inc., California Public Employees Retirement System and Geode Capital Management LLC. View Insider Buying and Selling for Citrix Systems.

How do I buy shares of Citrix Systems?

Shares of CTXS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Citrix Systems' stock price today?

One share of CTXS stock can currently be purchased for approximately $106.17.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $14.31 billion and generates $2.97 billion in revenue each year. The cloud computing company earns $575.66 million in net income (profit) each year or $4.58 on an earnings per share basis. Citrix Systems employs 7,500 workers across the globe.

What is Citrix Systems' official website?

The official website for Citrix Systems is http://www.citrix.com.

How can I contact Citrix Systems?

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]


MarketBeat Community Rating for Citrix Systems (NASDAQ CTXS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  846 (Vote Outperform)
Underperform Votes:  777 (Vote Underperform)
Total Votes:  1,623
MarketBeat's community ratings are surveys of what our community members think about Citrix Systems and other stocks. Vote "Outperform" if you believe CTXS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTXS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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