Citrix Systems Stock Price, Forecast & Analysis (NASDAQ:CTXS)

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

Citrix Systems announced a quarterly dividend on Wednesday, July 24th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.35 per share on Friday, September 20th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Thursday, September 5th. View Citrix Systems' Dividend History.

Citrix Systems declared that its board has initiated a stock repurchase program on Wednesday, October 24th 2018, which permits the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Citrix Systems, Inc. (NASDAQ:CTXS) issued its quarterly earnings results on Thursday, October, 24th. The cloud computing company reported $1.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.25 by $0.27. The cloud computing company had revenue of $733 million for the quarter, compared to analysts' expectations of $715.05 million. Citrix Systems had a return on equity of 97.57% and a net margin of 21.33%. The company's revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.40 earnings per share. View Citrix Systems' Earnings History.

Citrix Systems is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Citrix Systems.

Citrix Systems issued an update on its FY20 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $5.25-5.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.15.

5 Wall Street analysts have issued 12-month price objectives for Citrix Systems' stock. Their forecasts range from $92.00 to $120.00. On average, they expect Citrix Systems' stock price to reach $103.80 in the next year. This suggests that the stock has a possible downside of 7.8%. View Analyst Price Targets for Citrix Systems.

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

News articles about CTXS stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Citrix Systems earned a daily sentiment score of -4.6 on InfoTrie's scale. They also assigned news stories about the cloud computing company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Citrix Systems.

Citrix Systems saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 5,990,000 shares, a drop of 11.3% from the September 30th total of 6,750,000 shares. Based on an average trading volume of 1,730,000 shares, the days-to-cover ratio is currently 3.5 days. Approximately 4.6% of the company's stock are sold short. View Citrix Systems' Current Options Chain.

Some companies that are related to Citrix Systems include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Autodesk (ADSK), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), Guidewire Software (GWRE), FactSet Research Systems (FDS) and Aspen Technology (AZPN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Citrix Systems investors own include Express Scripts (ESRX), Intel (INTC), Netflix (NFLX), Micron Technology (MU), salesforce.com (CRM), Tesla (TSLA), Cisco Systems (CSCO), NVIDIA (NVDA), DNP Select Income Fund (DNP) and Skyworks Solutions (SWKS).

Citrix Systems' stock is owned by a number of of retail and institutional investors. Top institutional investors include First Trust Advisors LP (2.93%), California Public Employees Retirement System (0.85%), Teacher Retirement System of Texas (0.62%), Sumitomo Mitsui Trust Holdings Inc. (0.44%), Russell Investments Group Ltd. (0.43%) and Alberta Investment Management Corp (0.28%). Company insiders that own Citrix Systems stock include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Mark M Coyle, Matto Andrew H Del, Paul J Hough, Peter John Sacripanti, Robert Calderoni, Rotterdam Jeroen Van 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 Wedge Capital Management L L P NC, Teacher Retirement System of Texas, Artemis Investment Management LLP, First Trust Advisors LP, Mackay Shields LLC, State of New Jersey Common Pension Fund D, Sawgrass Asset Management LLC and Railway Pension Investments Ltd. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Matto Andrew H Del, Paul J Hough, Peter John Sacripanti, Robert Calderoni, Rotterdam Jeroen Van and Timothy A Minahan. View Insider Buying and Selling for Citrix Systems.

CTXS stock was bought by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, QV Investors Inc., Unigestion Holding SA, California Public Employees Retirement System, SG Americas Securities LLC, Russell Investments Group Ltd., State of Alaska Department of Revenue and Tibra Equities Europe Ltd. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CTXS stock can currently be purchased for approximately $112.55.

Citrix Systems has a market capitalization of $14.66 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 8,200 workers across the globe.View Additional Information About Citrix Systems.

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

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]