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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NASDAQ:CTXS

Citrix Systems Stock Forecast, Price & News

$133.58
-5.28 (-3.80 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$132.17
Now: $133.58
$139.10
50-Day Range
$126.75
MA: $133.49
$144.47
52-Week Range
$100.31
Now: $133.58
$173.56
Volume3.06 million shs
Average Volume1.42 million shs
Market Capitalization$16.43 billion
P/E Ratio28.67
Dividend Yield1.01%
Beta0.27
Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. The company offers workspace services, including Citrix Workspace; Citrix Virtual Apps and Desktops; 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; Citrix Endpoint Management for mobility and device management capabilities; Citrix Analytics for Security that assesses the behavior of Citrix Virtual Apps and Desktops, and Citrix Workspace users and applies actions to protect sensitive corporate information; Citrix Analytics for Performance that uses machine learning to quantify user experience; Citrix Secure Workspace Access, which provides an end-to-end solution to implement Zero Trust principles; and Citrix Secure Internet Access, which provides a solution that protects direct internet access for branch and remote workers using unsanctioned apps. It also provides networking products comprising Citrix ADC, an application delivery controller and load balancing solution for web, traditional and cloud-native applications; and Citrix SD-WAN, a WAN Edge solution that delivers flexible, automated, secure connectivity and performance for the workspace. In addition, the company offers customer services, hardware maintenance, consulting, and product training and certification services. The company serves healthcare, financial services, technology, manufacturing, consumer, and government agencies. 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. and changed its name to Citrix Systems, Inc. in March 2009. Citrix Systems, Inc. was founded in 1989 and is headquartered in Fort Lauderdale, Florida.
Citrix Systems logo

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
Current SymbolNASDAQ:CTXS
CUSIP17737610
Phone954-267-3000
Employees9,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.01 billion
Cash Flow$6.21 per share
Book Value$6.43 per share

Profitability

Net Income$681.81 million

Miscellaneous

Market Cap$16.43 billion
Next Earnings Date4/22/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.14 out of 5 stars

Computer And Technology Sector

54th out of 1,528 stocks

Prepackaged Software Industry

7th out of 285 stocks

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$133.58
-5.28 (-3.80 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Citrix Systems (NASDAQ:CTXS) Frequently Asked Questions

Is Citrix Systems a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last twelve months. There are currently 1 sell rating, 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Citrix Systems stock.
View analyst ratings for Citrix Systems
or view top-rated stocks.

What stocks does MarketBeat like better than Citrix Systems?

Wall Street analysts have given Citrix Systems a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Citrix Systems wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Citrix Systems' next earnings date?

Citrix Systems is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Citrix Systems
.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) issued its quarterly earnings data on Monday, January, 18th. The cloud computing company reported $1.46 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.34 by $0.12. The cloud computing company had revenue of $810 million for the quarter, compared to analyst estimates of $781.55 million. Citrix Systems had a trailing twelve-month return on equity of 391.74% and a net margin of 18.52%. The company's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.71 earnings per share.
View Citrix Systems' earnings history
.

How has Citrix Systems' stock price been impacted by COVID-19 (Coronavirus)?

Citrix Systems' stock was trading at $114.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CTXS stock has increased by 16.4% and is now trading at $133.58.
View which stocks have been most impacted by COVID-19
.

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

Citrix Systems declared a quarterly dividend on Wednesday, January 20th. Stockholders of record on Friday, March 12th will be given a dividend of $0.37 per share on Friday, March 26th. This represents a $1.48 annualized dividend and a yield of 1.11%. The ex-dividend date is Thursday, March 11th. This is a positive change from Citrix Systems's previous quarterly dividend of $0.35.
View Citrix Systems' dividend history
.

Is Citrix Systems a good dividend stock?

Citrix Systems pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.01%. Citrix Systems does not yet have a strock track record of dividend growth. The dividend payout ratio of Citrix Systems is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Citrix Systems will have a dividend payout ratio of 33.02% next year. This indicates that Citrix Systems will be able to sustain or increase its dividend.
View Citrix Systems' dividend history.

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

Citrix Systems issued an update on its FY21 earnings guidance on Tuesday, January, 19th. The company provided earnings per share guidance of $6.20-6.40 for the period, compared to the Thomson Reuters consensus estimate of $6.37. The company issued revenue guidance of $3.33-3.36 billion, compared to the consensus revenue estimate of $3.33 billion.

What price target have analysts set for CTXS?

13 brokers have issued 12-month price objectives for Citrix Systems' shares. Their forecasts range from $109.00 to $205.00. On average, they anticipate Citrix Systems' share price to reach $159.54 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price.
View analysts' price targets for Citrix Systems
or view top-rated stocks among Wall Street analysts.

Who are Citrix Systems' key executives?

Citrix Systems' management team includes the following people:
  • Mr. David James Henshall, CEO, Pres & Director (Age 53, Pay $3.03M)
  • Mr. Arlen R. Shenkman, Exec. VP & CFO (Age 51, Pay $832.83k)
  • Ms. Jessica Soisson, VP, Chief Accounting Officer & Corp. Controller (Age 47, Pay $763.62k)
  • Mr. Antonio G. Gomes, Exec. VP & Chief Legal Officer (Age 55, Pay $1.14M)
  • Mr. Mark J. Ferrer, Exec. VP & Chief Revenue Officer (Age 61, Pay $1.33M)
  • Mr. Paul J. Hough, Exec. Officer (Age 56, Pay $1.29M)
  • Mr. Mark J. Schmitz, COO & Exec. VP (Age 46)
  • Mr. Woong Kim, Exec. VP of Engineering & CTO (Age 42)
  • Ms. Traci T. Tsuchiguchi, VP of Investor Relations (Age 46)
  • Mr. Timothy A. Minahan, Exec. VP of Bus. Strategy & Chief Marketing Officer (Age 51)

What is David Henshall's approval rating as Citrix Systems' CEO?

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.

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 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).

What is Citrix Systems' stock symbol?

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

Who are Citrix Systems' major shareholders?

Citrix Systems' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.43%), Price T Rowe Associates Inc. MD (8.29%), Clearbridge Investments LLC (3.33%), First Trust Advisors LP (2.37%), Alliancebernstein L.P. (2.02%) and Nordea Investment Management AB (1.92%). 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, Matto Andrew H Del, 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
.

Which major investors are selling Citrix Systems stock?

CTXS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Wedge Capital Management L L P NC, AJO LP, Bank of New York Mellon Corp, Voloridge Investment Management LLC, Clearbridge Investments LLC, First Trust Advisors LP, and Teacher Retirement System of Texas. 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, Peter John Sacripanti, Rotterdam Jeroen Van, Sridhar Mullapudi, and Timothy A Minahan.
View insider buying and selling activity for Citrix Systems
or view top insider-selling stocks.

Which major investors are buying Citrix Systems stock?

CTXS stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Nordea Investment Management AB, Alliancebernstein L.P., Artemis Investment Management LLP, Ceredex Value Advisors LLC, Todd Asset Management LLC, Boston Trust Walden Corp, and Assenagon Asset Management S.A..
View insider buying and selling activity for Citrix Systems
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Citrix Systems' stock price today?

One share of CTXS stock can currently be purchased for approximately $133.58.

How much money does Citrix Systems make?

Citrix Systems has a market capitalization of $16.43 billion and generates $3.01 billion in revenue each year. The cloud computing company earns $681.81 million in net income (profit) each year or $4.13 on an earnings per share basis.

How many employees does Citrix Systems have?

Citrix Systems employs 9,000 workers across the globe.

What is Citrix Systems' official website?

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

Where are Citrix Systems' headquarters?

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

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]


This page was last updated on 2/28/2021 by MarketBeat.com Staff

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