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

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$99.52 -0.94 (-0.94 %)
(As of 04/26/2019 06:00 AM ET)
Previous Close$100.46
Today's Range$96.81 - $100.17
52-Week Range$96.81 - $116.82
Volume2.66 million shs
Average Volume2.23 million shs
Market Capitalization$13.11 billion
P/E Ratio21.73
Dividend Yield1.39%
Beta1.01
Citrix Systems, Inc. provides workspace, networking, and analytics solutions worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops, a cloud-enabled app and desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and Citrix Virtual Apps that allows Windows and Linux applications to be remotely delivered to Macs, PCs, thin clients, and Android/iOS mobile devices from any cloud, on-premises datacenter, or both. Its workspace services also comprise Citrix Endpoint Management enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data people need for business productivity. In addition, the company offers networking products comprising Citrix ADC, a software-defined application delivery controller designed for organizations undergoing digital transformation; and Citrix SD-WAN that enhances applications delivered from the legacy data center, cloud, or SaaS. Further, it provides content collaboration offerings that include Citrix Content Collaboration, 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 support, 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$6.2473 per share
Book Value$4.09 per share

Profitability

Net Income$575.66 million

Miscellaneous

Employees8,200
Market Cap$13.11 billion
Next Earnings Date7/24/2019 (Estimated)
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 declared a quarterly dividend on Wednesday, April 24th. Investors of record on Friday, June 7th will be paid a dividend of $0.35 per share on Friday, June 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Thursday, June 6th. View Citrix Systems' Dividend History.

How will Citrix Systems' stock buyback program work?

Citrix Systems declared that its Board of Directors has approved a share buyback plan on Wednesday, October 24th 2018, which permits the company to buyback $750,000,000.00 in 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 plans are generally an indication that the company's board believes its stock is undervalued.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) released its quarterly earnings data on Wednesday, April, 24th. The cloud computing company reported $1.27 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.86 by $0.41. The cloud computing company had revenue of $719.14 million for the quarter, compared to analyst estimates of $707.78 million. Citrix Systems had a net margin of 19.36% and a return on equity of 101.74%. The firm's revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.29 earnings per share. 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, July 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, April, 24th. The company provided EPS guidance of $6.00 for the period, compared to the Thomson Reuters consensus estimate of $6.01. 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 brokers have issued 12 month target prices for Citrix Systems' stock. Their predictions range from $100.00 to $130.00. On average, they anticipate Citrix Systems' share price to reach $113.00 in the next twelve months. This suggests a possible upside of 13.5% 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 been trending neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of 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 0.1 on InfoTrie's scale. They also assigned news articles about the cloud computing company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

Are investors shorting Citrix Systems?

Citrix Systems saw a increase in short interest during the month of April. As of April 15th, there was short interest totalling 16,173,814 shares, an increase of 20.7% from the March 29th total of 13,395,430 shares. Based on an average trading volume of 2,509,976 shares, the days-to-cover ratio is currently 6.4 days. Currently, 12.4% of the company's shares are sold short. View Citrix Systems' Current Options Chain.

Who are some of Citrix Systems' key competitors?

What other stocks do shareholders of Citrix Systems own?

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

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 many different of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management & Equity Research Inc. (0.43%), PGGM Investments (0.23%), First Quadrant L P CA (0.05%), CHURCHILL MANAGEMENT Corp (0.05%), Retirement Systems of Alabama (0.04%) and BTIM Corp. (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, 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 Conning Inc., Hexavest Inc., Los Angeles Capital Management & Equity Research Inc., First Quadrant L P CA, First Hawaiian Bank, DNB Asset Management AS, Baldwin Brothers Inc. MA and Hudson Valley Investment Advisors Inc. ADV. 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, 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 acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Meeder Asset Management Inc., Pacer Advisors Inc., Sciencast Management LP, BTIM Corp., Orrstown Financial Services Inc., QUANTRES ASSET MANAGEMENT Ltd and CHURCHILL MANAGEMENT Corp. 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 $99.52.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $13.11 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.

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:  857 (Vote Outperform)
Underperform Votes:  789 (Vote Underperform)
Total Votes:  1,646
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 4/26/2019 by MarketBeat.com Staff

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