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

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

Citrix Systems declared a quarterly dividend on Wednesday, July 24th. Shareholders 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 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Thursday, September 5th. View Citrix Systems' Dividend History.

Citrix Systems declared that its board has initiated a share buyback program on Wednesday, October 24th 2018, which allows the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its shares are undervalued.

Citrix Systems, Inc. (NASDAQ:CTXS) issued its earnings results on Wednesday, July, 24th. The cloud computing company reported $1.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.94 by $0.27. The cloud computing company had revenue of $748.70 million for the quarter, compared to analyst estimates of $772 million. Citrix Systems had a net margin of 17.60% and a return on equity of 95.52%. Citrix Systems's revenue was up .9% on a year-over-year basis. During the same period in the previous year, the business earned $1.28 earnings per share. View Citrix Systems' Earnings History.

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

Citrix Systems issued an update on its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of $5.35-5.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.02. The company issued revenue guidance of $2.97-3.01 billion, compared to the consensus revenue estimate of $3.09 billion.

7 brokerages have issued twelve-month price targets for Citrix Systems' stock. Their predictions range from $80.00 to $124.00. On average, they anticipate Citrix Systems' share price to reach $105.00 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price. View Analyst Price Targets for Citrix Systems.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Citrix Systems.

Media coverage about CTXS stock has trended neutral recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Citrix Systems earned a news impact score of 0.2 on InfoTrie's scale. They also gave news stories about the cloud computing company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Citrix Systems.

Citrix Systems saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 7,780,000 shares, a decline of 20.9% from the August 30th total of 9,840,000 shares. Based on an average trading volume of 2,040,000 shares, the days-to-cover ratio is currently 3.8 days. Approximately 6.0% of the shares of the stock are sold short. View Citrix Systems' Current Options Chain.

Some companies that are related to Citrix Systems include ServiceNow (NOW), Activision Blizzard (ATVI), Dassault Systemes (DASTY), Shopify (SHOP), Autodesk (ADSK), Electronic Arts (EA), Electronic Arts (EA), Square (SQ), Veeva Systems (VEEV), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), Splunk (SPLK), Check Point Software Technologies (CHKP) and Twilio (TWLO).

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

Citrix Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.27%), Robeco Institutional Asset Management B.V. (0.17%), CIBC Private Wealth Group LLC (0.07%), Envestnet Asset Management Inc. (0.07%), Artemis Investment Management LLP (0.04%) and State of Alaska Department of Revenue (0.04%). Company insiders that own Citrix Systems stock include David J Henshall, Jessica Soisson, Mark J Ferrer, 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 Artemis Investment Management LLP, Robeco Institutional Asset Management B.V., NuWave Investment Management LLC, Nisa Investment Advisors LLC, CIBC Private Wealth Group LLC, Patten & Patten Inc. TN, Crossmark Global Holdings Inc. and Commerzbank Aktiengesellschaft FI. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Jessica Soisson, Mark J Ferrer, 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, PGGM Investments, Meeder Asset Management Inc., Pacer Advisors Inc., YHB Investment Advisors Inc., Envestnet Asset Management Inc., Sumitomo Mitsui DS Asset Management Company Ltd and Gyroscope Capital Management Group LLC. 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 $100.95.

Citrix Systems has a market capitalization of $13.21 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]