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

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$105.19 +0.20 (+0.19 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$105.19
Today's Range$104.44 - $105.75
52-Week Range$89.75 - $116.82
Volume1.54 million shs
Average Volume1.74 million shs
Market Capitalization$13.86 billion
P/E Ratio22.97
Dividend Yield1.33%
Beta1.06
Citrix 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
Current SymbolNASDAQ:CTXS
CUSIP17737610
Phone954-267-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.97 billion
Cash Flow$6.3444 per share
Book Value$4.19 per share

Profitability

Net Income$575.66 million

Miscellaneous

Employees7,500
Market Cap$13.86 billion
Next Earnings Date4/24/2019 (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, January 23rd. Investors of record on Friday, March 8th will be paid a dividend of $0.35 per share on Friday, March 22nd. This represents a $1.40 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, March 7th. View Citrix Systems' Dividend History.

How will Citrix Systems' stock buyback program work?

Citrix Systems declared that its board has authorized a share repurchase program on Wednesday, October 24th 2018, which authorizes the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) released its earnings results on Wednesday, January, 23rd. The cloud computing company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.08. The cloud computing company earned $802 million during the quarter, compared to analysts' expectations of $791.27 million. Citrix Systems had a net margin of 19.36% and a return on equity of 101.74%. Citrix Systems's revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.66 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, April 24th 2019. View Earnings Estimates for Citrix Systems.

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

Citrix Systems issued an update on its FY19 earnings guidance on Wednesday, January, 23rd. The company provided EPS guidance of $6.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.06. 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 brokerages have issued 12 month target prices for Citrix Systems' shares. Their predictions range from $101.00 to $130.00. On average, they expect Citrix Systems' stock price to reach $113.8333 in the next year. This suggests a possible upside of 8.2% 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?

Media stories about CTXS stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Citrix Systems earned a news impact score of -1.1 on InfoTrie's scale. They also gave press coverage about the cloud computing company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

Are investors shorting Citrix Systems?

Citrix Systems saw a increase in short interest in January. As of January 15th, there was short interest totalling 13,011,414 shares, an increase of 15.7% from the December 31st total of 11,249,761 shares. Based on an average daily volume of 1,837,336 shares, the short-interest ratio is presently 7.1 days. Approximately 9.8% of the shares of the company are short sold. 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 Intel (INTC), Netflix (NFLX), salesforce.com (CRM), NVIDIA (NVDA), Bank of America (BAC), Gilead Sciences (GILD), Biogen (BIIB), Cisco Systems (CSCO), 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 institutional and retail investors. Top institutional shareholders include Oregon Public Employees Retirement Fund (3.31%), First Trust Advisors LP (1.81%), Northern Trust Corp (1.76%), MERIAN GLOBAL INVESTORS UK Ltd (1.48%), Geode Capital Management LLC (1.47%) and Two Sigma Advisers LP (1.12%). Company insiders that own Citrix Systems stock include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark M Coyle, Murray J Demo, 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 Toronto Dominion Bank, First Trust Advisors LP, Two Sigma Investments LP, Banco Santander S.A., MERIAN GLOBAL INVESTORS UK Ltd, Assenagon Asset Management S.A., Squarepoint Ops LLC and Two Sigma Advisers LP. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Jessica Soisson, Mark J Ferrer, 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 bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, APG Asset Management N.V., Northern Trust Corp, O Shaughnessy Asset Management LLC, WINTON GROUP Ltd, Prudential Financial Inc., California Public Employees Retirement System and Geode Capital Management 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 $105.19.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $13.86 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 7,500 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:  846 (Vote Outperform)
Underperform Votes:  778 (Vote Underperform)
Total Votes:  1,624
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 2/23/2019 by MarketBeat.com Staff

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