NASDAQ:CTXS - Citrix Systems Stock Price, Price Target & More

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$106.94 +0.12 (+0.11 %)
(As of 06/17/2018 04:00 PM ET)
Previous Close$106.94
Today's Range$105.50 - $107.28
52-Week Range$73.33 - $109.43
Volume2.11 million shs
Average Volume1.70 million shs
Market Capitalization$14.49 billion
P/E Ratio25.83
Dividend YieldN/A
Beta1.28

About Citrix Systems (NASDAQ:CTXS)

Citrix Systems logoCitrix 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
SymbolNASDAQ:CTXS
CUSIP17737610
Phone954-267-3000

Debt

Debt-to-Equity Ratio4.08
Current Ratio1.36
Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio25.83
Forward P/E Ratio25.04
P/E Growth2.77

Sales & Book Value

Annual Sales$2.82 billion
Price / Sales5.13
Cash Flow$5.5814 per share
Price / Cash19.16
Book Value$6.59 per share
Price / Book16.23

Profitability

EPS (Most Recent Fiscal Year)$4.14
Net Income$-20,710,000.00
Net Margins3.35%
Return on Equity49.52%
Return on Assets12.20%

Miscellaneous

Employees7,500
Outstanding Shares135,520,000

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 will Citrix Systems' stock buyback program work?

Citrix Systems announced that its board has authorized a share repurchase program on Tuesday, November 14th 2017, which permits the company to repurchase $1,700,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) announced its quarterly earnings results on Wednesday, April, 25th. The cloud computing company reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.05 by $0.24. The cloud computing company had revenue of $697.19 million for the quarter, compared to analyst estimates of $675.57 million. Citrix Systems had a return on equity of 49.52% and a net margin of 3.35%. Citrix Systems's revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.97 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 Tuesday, July, 31st 2018. View Earnings Estimates for Citrix Systems.

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

Citrix Systems updated its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $5.20-5.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.92. The company issued revenue guidance of $2.88-2.91 billion, compared to the consensus revenue estimate of $2.88 billion.Citrix Systems also updated its Q2 guidance to $1.18-1.22 EPS.

What price target have analysts set for CTXS?

17 equities research analysts have issued 1-year target prices for Citrix Systems' stock. Their predictions range from $61.00 to $120.00. On average, they anticipate Citrix Systems' share price to reach $102.4667 in the next twelve months. View Analyst Ratings for Citrix Systems.

What are Wall Street analysts saying about Citrix Systems stock?

Here are some recent quotes from research analysts about Citrix Systems stock:
  • 1. Mizuho analysts commented, "We think the company is able to achieve this given a strong product offering and a competitive environment stacked in its favor. Our discussions with customers and partners indicate some enthusiasm around improving innovation at the company, and while deployments remain primarily on-premise, commentary suggests evaluations of the cloud product. We see incremental growth over the next couple of years on: 1) $200mm CSS opportunity with the migration likely to be completed in 3Q18; 2) $500mm opportunity further down the road on cloud uptake; though, this is likely to be driven in large part by the installed base vs. net new customers. Some product enhancements could help support sales. The engineering organization appears more streamlined; efficiency gains in the n-t are likely to be reinvested for growth." (5/9/2018)
  • 2. According to Zacks Investment Research, "Citrix reported impressive first-quarter results. Both earnings and revenues improved on a year-over-year basis. Top-line growth was primarily driven by strong subscription revenues. The company provided optimistic guidance for the second-quarter and full-year guidance. The company's efforts to reward shareholders through share buybacks are impressive. Shares have outperformed the industry on a year-to-date basis. We are also positive on the company's buyout of Cedexis — a web monitoring company. Additionally, expanding product portfolio bodes well for the company's prospects." (5/1/2018)

Who are some of Citrix Systems' key competitors?

Who are Citrix Systems' key executives?

Citrix Systems' management team includes the folowing people:
  • Mr. Robert M. Calderoni C.P.A., CPA, Exec. Chairman (Age 58)
  • Mr. David James Henshall, CEO, Pres & Director (Age 50)
  • Mr. Timothy A. Minahan, Sr. VP & CMO (Age 48)
  • Mr. Andrew Del Matto, Exec. VP & CFO (Age 59)
  • Ms. Jessica Soisson, VP, Chief Accounting officer & Corp. Controller (Age 44)

Has Citrix Systems been receiving favorable news coverage?

News stories about CTXS stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Citrix Systems earned a news sentiment score of 0.10 on Accern's scale. They also gave news headlines about the cloud computing company an impact score of 46.61 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Citrix Systems' major shareholders?

Citrix Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Farallon Capital Management LLC (1.71%), Pendal Group Ltd (0.83%), Legal & General Group Plc (0.56%), Toronto Dominion Bank (0.56%), Guggenheim Capital LLC (0.51%) and Summit Trail Advisors LLC (0.49%). Company insiders that own Citrix Systems stock include Carlos Sartorius, Christopher Hylen, David J Henshall, Jessica Soisson, Klaus Oestermann, Mark M Coyle, Murray J Demo, Robert Calderoni, Rotterdam Jeroen Van, Timothy A Minahan and William Burley. 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 MUFG Securities EMEA plc, Schroder Investment Management Group, Point72 Asset Management L.P., Roystone Capital Management LP, OppenheimerFunds Inc., Pendal Group Ltd, Caisse DE Depot ET Placement DU Quebec and Swiss National Bank. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Jessica Soisson, Mark M Coyle, 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 Summit Trail Advisors LLC, O Shaughnessy Asset Management LLC, DekaBank Deutsche Girozentrale, UBS Group AG, Element Capital Management LLC, Farallon Capital Management LLC, Engineers Gate Manager LP and New York State Common Retirement Fund. 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 $106.94.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $14.49 billion and generates $2.82 billion in revenue each year. The cloud computing company earns $-20,710,000.00 in net income (profit) each year or $4.14 on an earnings per share basis. Citrix Systems employs 7,500 workers across the globe.

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 (CTXS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  787 (Vote Outperform)
Underperform Votes:  710 (Vote Underperform)
Total Votes:  1,497
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 6/17/2018 by MarketBeat.com Staff

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