NASDAQ:CTXS

Citrix Systems Stock Forecast, Price & News

$121.03
-0.66 (-0.54 %)
(As of 05/7/2021 12:00 AM ET)
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Today's Range
$120.81
$123.68
50-Day Range
$119.18
$142.77
52-Week Range
$111.26
$173.56
Volume1.01 million shs
Average Volume1.30 million shs
Market Capitalization$15.03 billion
P/E Ratio25.97
Dividend Yield1.22%
Beta0.27
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
Current SymbolNASDAQ:CTXS
CUSIP17737610
Phone954-267-3000
Employees9,000
Year Founded1989

Sales & Book Value

Annual Sales$3.01 billion
Cash Flow$5.63 per share
Book Value$6.43 per share

Profitability

Net Income$681.81 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$15.03 billion
Next Earnings Date7/22/2021 (Estimated)
OptionableOptionable

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About Citrix Systems

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.

MarketRank

Overall MarketRank

2.22 out of 5 stars

Computer And Technology Sector

28th out of 1,563 stocks

Prepackaged Software Industry

5th out of 284 stocks

Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Citrix Systems (NASDAQ:CTXS) Frequently Asked Questions

Is Citrix Systems a buy right now?

8 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, 2 hold ratings, 4 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.

Are investors shorting Citrix Systems?

Citrix Systems saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 3,340,000 shares, a decrease of 33.3% from the March 15th total of 5,010,000 shares. Based on an average daily volume of 1,290,000 shares, the short-interest ratio is presently 2.6 days. Currently, 2.8% of the shares of the company are short sold.
View Citrix Systems' Short Interest
.

When is Citrix Systems' next earnings date?

Citrix Systems is scheduled to release its next quarterly earnings announcement on Thursday, July 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 Thursday, April, 29th. The cloud computing company reported $1.42 earnings per share for the quarter, missing analysts' consensus estimates of $1.43 by $0.01. The cloud computing company earned $776 million during the quarter, compared to analysts' expectations of $798.74 million. Citrix Systems had a net margin of 18.52% and a trailing twelve-month return on equity of 391.74%. The company's revenue was down 9.9% compared to the same quarter last year. During the same period last year, the business earned $1.73 earnings per share.
View Citrix Systems' earnings history
.

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

Citrix Systems' stock was trading at $114.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CTXS stock has increased by 5.4% and is now trading at $121.03.
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 Thursday, April 29th. Stockholders of record on Friday, June 11th will be paid a dividend of $0.37 per share on Friday, June 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date is Thursday, June 10th.
View Citrix Systems' dividend history
.

Is Citrix Systems a good dividend stock?

Citrix Systems pays an annual dividend of $1.48 per share and currently has a dividend yield of 1.22%. Citrix Systems does not yet have a strock track record of dividend growth. The dividend payout ratio of Citrix Systems is 35.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Citrix Systems will have a dividend payout ratio of 34.91% 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 updated its second quarter 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 1.150-1.200 for the period, compared to the Thomson Reuters consensus estimate of $1.550. The company issued revenue guidance of $840 million-$850 million, compared to the consensus revenue estimate of $828.73 million.

What price target have analysts set for CTXS?

8 Wall Street analysts have issued 12-month price targets for Citrix Systems' shares. Their forecasts range from $143.00 to $205.00. On average, they expect Citrix Systems' stock price to reach $166.22 in the next twelve months. This suggests a possible upside of 37.3% 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) (LinkedIn Profile)
  • Mr. Arlen R. Shenkman, Exec. VP & CFO (Age 51, Pay $832.83k) (LinkedIn Profile)
  • 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) (LinkedIn Profile)
  • Mr. Mark J. Ferrer, Exec. VP & Chief Revenue Officer (Age 61, Pay $1.33M) (LinkedIn Profile)
  • Mr. Paul J. Hough, Exec. Officer (Age 56, Pay $1.29M) (LinkedIn Profile)
  • Mr. Mark J. Schmitz, COO & Exec. VP (Age 46) (LinkedIn Profile)
  • 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) (LinkedIn Profile)

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.47%), Alliancebernstein L.P. (2.24%), Cantillon Capital Management LLC (2.11%), Swiss National Bank (0.72%), Robeco Institutional Asset Management B.V. (0.49%) and DekaBank Deutsche Girozentrale (0.40%). 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, 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 Unigestion Holding SA, Victory Capital Management Inc., Robeco Institutional Asset Management B.V., Artemis Investment Management LLP, Assenagon Asset Management S.A., Los Angeles Capital Management LLC, Cibc World Markets Corp, and Lannebo Fonder AB. 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, 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 Cantillon Capital Management LLC, Alliancebernstein L.P., Alta Capital Management LLC, BlackRock Inc., Envestnet Asset Management Inc., Boston Trust Walden Corp, BNP Paribas Arbitrage SA, and Todd Asset Management LLC.
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 $121.03.

How much money does Citrix Systems make?

Citrix Systems has a market capitalization of $15.03 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.

Does Citrix Systems have any subsidiaries?

The following companies are subsidiares of Citrix Systems: APM, Apere Enterprise Storage Solutions India Pvt. Ltd., App-DNA, Ardence Inc, Aurema, Beetil Service Management Software, Byte Squared, Byte Squared Limited, Bytemobile, Bytemobile Inc., Bytemobile European Development Center MEPE, Bytemobile Hong Kong Ltd., Bytemobile Inc., Bytemobile International Corp., Bytemobile Solutions Pvt Ltd, Carbon Software Technologies Holdings Limited, Caymas Systems, Cedexis, Cedexis Inc., Cedexis Sas, Citrix Application Networking LLC, Citrix Finance Cayman LP, Citrix Global Holdings B.V., Citrix Global Holdings UK Limited, Citrix Greece MEPE, Citrix Holanda B.V., Citrix Offshore Investments Ltd., Citrix Online AUS Pty Ltd., Citrix Online Audio LLC, Citrix Online Service Provider Group Inc., Citrix Overseas Holdings B.V., Citrix R&D India Private Limited, Citrix R&D Limited, Citrix Sistemas de Argentina S.R.L., Citrix Sistemas de Chile Ltda., Citrix Sistemas de Colombia SAS, Citrix Sistemas de Mexico S. de RL de CV, Citrix Sistemas do Brasil Ltda., Citrix Systems Asia Pacific Pty Ltd., Citrix Systems Belgium S.A.R.L., Citrix Systems Bulgaria EEOD, Citrix Systems Canada Inc., Citrix Systems Czech Republic SRO, Citrix Systems Denmark ApS, Citrix Systems Finland Oy, Citrix Systems France SARL, Citrix Systems GmbH, Citrix Systems Hong Kong Limited, Citrix Systems India Private Limited, Citrix Systems Information Technology (Beijing) Ltd, Citrix Systems International GmbH, Citrix Systems Ireland Ltd, Citrix Systems Italy S.r.L., Citrix Systems Japan Kabushiki Kaisha, Citrix Systems Korea Limited, Citrix Systems Malaysia Sdn Bhd, Citrix Systems Netherlands B.V., Citrix Systems New Zealand Ltd., Citrix Systems Norway AS, Citrix Systems Overseas Holding GmbH, Citrix Systems Poland Sp. Zo.o, Citrix Systems Puerto Rico Corp., Citrix Systems Singapore Pte Ltd., Citrix Systems Slovakia SRO, Citrix Systems South Africa (Pty) Ltd., Citrix Systems Spain SL, Citrix Systems Sweden AB, Citrix Systems Taiwan Ltd, Citrix Systems Turkey YVH Ltd S, Citrix Systems UK Limited, Citrix Technologies GmbH, Citrixus Sistemas de Costa Rica SRL, Cloud.com, DataPac Australasia Pty Limited, EMS-Cortex, Expertcity, Framehawk, GetGo AUS Pty Ltd., GetGo Audio LLC, GetGo Communications LLC, GetGo Communications Virginia LLC, GetGo Germany GmbH, GetGo Holdings Bermuda Limited, GetGo Inc., GetGo Investment LLC, GetGo Software Technologies India Private Limited, GetGo Technologies Ireland Limited, GetGo Technologies UK Limited, GoToMeeting-duplicate, Grasshopper, Grasshopper Group LLC, Innovex Group, Insignia Solutions, Interconnect Medical Inc., Kaviza, Net6, NetScaler, Netviewer, Norskale, Octoblu, Octoblu Inc., Orbital Data, Paglo, Peninsula Finance LLC, Peninsula Investment Corp., Podio, Podio ApS, Podio Inc., QuickTree, Reflectent Software, RightSignature, RightSignature LLC, RingCube Technologies, Ringcube Software Tech Pvt Ltd., Sanbolic, Sanbolic LLC, Sapho, ScaleXtreme, Sequoia Software, ShareFile, ShareFile LLC, Skytide, Solid Instance, Teros, ThinGenius, Unidesk, Unti Acquisition Corp., VDOnet Corp., VMLogix, Vapps, Viewsoft Inc, Virtual, Virtual Computer, Virtuall Solutions Ltd., Virtuall Solutions Sas, Wrike, XenSource, Zenprise, and sepagoPROFILE.

When was Citrix Systems founded?

Citrix Systems was founded in 1989.

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 5/9/2021 by MarketBeat.com Staff
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