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

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$109.99 -0.45 (-0.41 %)
(As of 09/21/2018 02:31 PM ET)
Previous Close$111.09
Today's Range$109.99 - $111.32
52-Week Range$75.19 - $116.82
Volume46,852 shs
Average Volume1.19 million shs
Market Capitalization$15.05 billion
P/E Ratio26.60
Dividend YieldN/A
Beta1.16
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

Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:CTXS
CUSIP17737610
Phone954-267-3000

Debt

Debt-to-Equity Ratio1.17
Current Ratio0.75
Quick Ratio0.75

Price-To-Earnings

Trailing P/E Ratio26.60
Forward P/E Ratio26.19
P/E Growth2.89

Sales & Book Value

Annual Sales$2.82 billion
Price / Sales5.28
Cash Flow$5.5355 per share
Price / Cash19.87
Book Value$6.59 per share
Price / Book16.69

Profitability

EPS (Most Recent Fiscal Year)$4.14
Net Income$-20,710,000.00
Net Margins3.23%
Return on Equity64.77%
Return on Assets12.31%

Miscellaneous

Employees7,500
Outstanding Shares135,660,000
Market Cap$15.05 billion

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 of Directors has authorized a stock repurchase program on Tuesday, November 14th 2017, which allows the company to repurchase $1,700,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) issued its quarterly earnings data on Wednesday, July, 25th. The cloud computing company reported $1.28 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.08. The cloud computing company had revenue of $742.36 million for the quarter, compared to the consensus estimate of $716.33 million. Citrix Systems had a net margin of 3.23% and a return on equity of 64.77%. The company's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company earned $103.00 EPS. 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, October, 24th 2018. View Earnings Estimates for Citrix Systems.

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

Citrix Systems issued an update on its FY18 earnings guidance on Wednesday, July, 25th. The company provided earnings per share guidance of $5.30-5.40 for the period, compared to the Thomson Reuters consensus estimate of $5.29. The company issued revenue guidance of $2.92-2.95 billion, compared to the consensus revenue estimate of $2.91 billion.Citrix Systems also updated its Q3 guidance to $1.23-1.26 EPS.

What price target have analysts set for CTXS?

14 equities research analysts have issued 12 month price objectives for Citrix Systems' shares. Their forecasts range from $101.00 to $130.00. On average, they expect Citrix Systems' stock price to reach $113.9231 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Citrix Systems.

What is the consensus analysts' recommendation for Citrix Systems?

14 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, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." 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. According to Zacks Investment Research, "Citrix Systems is a leading provider of virtualization, networking and cloud computing solutions.  The company's efforts to reward shareholders through share buybacks are impressive.   buyout of Cedexis — a web monitoring company. The company Citrix deployed its Cloud services including XenDesktop and XenApp on Oracle Cloud Marketplace. This is likely to have led to new customer additions, consequently generating incremental revenues. Its strong customer base is another positive. Further, the merger between LogMeIn and Citrix's GoTo business, concluded last year, is likely to be value accretive, going forward. However, high operating costs are likely to hurt the bottom line at least in the near term. Furthermore, adverse foreign exchange movements remain a headwind." (6/26/2018)
  • 2. 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)

Are investors shorting Citrix Systems?

Citrix Systems saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 10,125,809 shares, a decrease of 13.5% from the August 15th total of 11,705,707 shares. Based on an average trading volume of 1,212,076 shares, the days-to-cover ratio is currently 8.4 days. Approximately 7.6% of the company's stock are sold short. View Citrix Systems' Current Options Chain.

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 CPA, CPA, Exec. Chairman (Age 58)
  • Mr. David James Henshall, CEO, Pres & Director (Age 50)
  • Ms. Donna N. Kimmel, Sr. VP & Chief People Officer (Age 55)
  • Mr. Mark M. Coyle, Sr. VP of Fin. (Age 60)
  • Mr. Mark J. Ferrer, Exec. VP & Chief Revenue Officer (Age 58)

Has Citrix Systems been receiving favorable news coverage?

Headlines about CTXS stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Citrix Systems earned a news impact score of 0.18 on Accern's scale. They also gave media coverage about the cloud computing company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Citrix Systems.

Who are Citrix Systems' major shareholders?

Citrix Systems' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (2.07%), Renaissance Technologies LLC (1.29%), Millennium Management LLC (0.98%), Pendal Group Ltd (0.77%), Schwab Charles Investment Management Inc. (0.68%) and Bain Capital Public Equity Management LLC (0.63%). Company insiders that own Citrix Systems stock include Christopher Hylen, David J Henshall, Jessica Soisson, Klaus Oestermann, Mark M Coyle, Murray J Demo, 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 NN Investment Partners Holdings N.V., Macquarie Group Ltd., Schroder Investment Management Group, Schroder Investment Management Group, Glenmede Trust Co. NA, Point72 Asset Management L.P., OppenheimerFunds Inc. and Pendal Group Ltd. 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 bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Millennium Management LLC, Wedge Capital Management L L P NC, Schwab Charles Investment Management Inc., Hexavest Inc., Teacher Retirement System of Texas, Bain Capital Public Equity Management LLC and Worldquant Millennium Quantitative Strategies LLC. 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 $109.99.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $15.05 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 (NASDAQ CTXS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  825 (Vote Outperform)
Underperform Votes:  746 (Vote Underperform)
Total Votes:  1,571
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 9/21/2018 by MarketBeat.com Staff

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