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NASDAQ:CTXS

Citrix Systems Stock Forecast, Price & News

$113.27
-0.65 (-0.57 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$111.87
Now: $113.27
$114.98
50-Day Range
$113.92
MA: $133.86
$145.25
52-Week Range
$100.31
Now: $113.27
$173.56
Volume1.76 million shs
Average Volume1.90 million shs
Market Capitalization$13.99 billion
P/E Ratio24.31
Dividend Yield1.23%
Beta0.26
Citrix Systems, Inc. provides workspace, networking, and professional services worldwide. The company offers workspace services, including 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; and Workspace Intelligence that customizes and streamlines user workflows, as well as microapp creation with low-code tooling, automates tasks and functions. 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, as well as Citrix Analytics for security, performance, and operations. In addition, the company offers customer services, hardware maintenance, consulting, and product training and certification services. The company serves health care, 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.95 out of 5 stars

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
Current SymbolNASDAQ:CTXS
CUSIP17737610
Phone954-267-3000
Employees8,400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.01 billion
Cash Flow$5.66 per share
Book Value$6.43 per share

Profitability

Net Income$681.81 million

Miscellaneous

Market Cap$13.99 billion
Next Earnings Date1/27/2021 (Estimated)
OptionableOptionable
$113.27
-0.65 (-0.57 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Citrix Systems (NASDAQ:CTXS) Frequently Asked Questions

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 decreased by 1.3% and is now trading at $113.27.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Citrix Systems?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 1 sell rating, 7 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Citrix Systems
.

When is Citrix Systems' next earnings date?

Citrix Systems is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Citrix Systems
.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) posted its quarterly earnings data on Thursday, October, 22nd. The cloud computing company reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.13. The cloud computing company had revenue of $767.17 million for the quarter, compared to the consensus estimate of $759.02 million. Citrix Systems had a net margin of 18.52% and a return on equity of 391.74%. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.52 EPS.
View Citrix Systems' earnings history
.

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

Citrix Systems declared a quarterly dividend on Friday, October 23rd. Shareholders of record on Tuesday, December 8th will be paid a dividend of $0.35 per share on Tuesday, December 22nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Monday, December 7th.
View Citrix Systems' dividend history
.

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

Citrix Systems updated its FY21 earnings guidance on Thursday, October, 22nd. The company provided EPS guidance of $6.20-6.40 for the period, compared to the Thomson Reuters consensus estimate of $6.18. The company issued revenue guidance of ~4% (implying $3.33-3.34 billion), compared to the consensus revenue estimate of $3.27 billion.

What price target have analysts set for CTXS?

15 equities research analysts have issued 12 month price targets for Citrix Systems' shares. Their forecasts range from $109.00 to $205.00. On average, they expect Citrix Systems' share price to reach $152.93 in the next year. This suggests a possible upside of 35.0% from the stock's current price.
View analysts' price targets for Citrix Systems
.

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).

Who are Citrix Systems' key executives?

Citrix Systems' management team includes the following people:
  • Mr. David James Henshall, CEO, Pres & Director (Age 52, Pay $3.03M)
  • Mr. Arlen R. Shenkman, Exec. VP & CFO (Age 50, Pay $832.83k)
  • Ms. Jessica Soisson, VP, Chief Accounting Officer & Corp. Controller (Age 46, Pay $763.62k)
  • Mr. Antonio G. Gomes, Exec. VP, Chief Legal Officer & Sec. (Age 54, Pay $1.14M)
  • Mr. Mark J. Ferrer, Exec. VP & Chief Revenue Officer (Age 60, Pay $1.33M)
  • Mr. Paul J. Hough, Exec. VP & Chief Product Officer (Age 55, Pay $1.29M)
  • Mr. Mark J. Schmitz, COO & Exec. VP (Age 45)
  • Ms. Traci T. Tsuchiguchi, VP of Investor Relations (Age 45)
  • Mr. Timothy A. Minahan, Exec. VP of Bus. Strategy & Chief Marketing Officer (Age 50)
  • Mr. Isaac Leonard, Sr. Director of Corp. Devel. & Corp. Venture Capital

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 investors include Robeco Institutional Asset Management B.V. (0.61%), Wedge Capital Management L L P NC (0.44%), Alta Capital Management LLC (0.40%), DekaBank Deutsche Girozentrale (0.30%), Retirement Systems of Alabama (0.28%) and PGGM Investments (0.23%). Company insiders that own Citrix Systems stock include Antonio G Gomes, Arlen Shenkman, David J Henshall, Donna Nappen Kimmel, 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 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 Assenagon Asset Management S.A., BNP Paribas Arbitrage SA, Xponance Inc., Forsta AP Fonden, Alberta Investment Management Corp, Banque Cantonale Vaudoise, CWM LLC, and WINTON GROUP Ltd. 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, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Nanci Caldwell, Paul J Hough, Peter John Sacripanti, Robert Calderoni, Rotterdam Jeroen Van, and Timothy A Minahan.
View insider buying and selling activity 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 Alta Capital Management LLC, DekaBank Deutsche Girozentrale, Wedge Capital Management L L P NC, Nisa Investment Advisors LLC, Retirement Systems of Alabama, Envestnet Asset Management Inc., Railway Pension Investments Ltd, and Candriam Luxembourg S.C.A..
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Citrix Systems' stock price today?

One share of CTXS stock can currently be purchased for approximately $113.27.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $13.99 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. Citrix Systems employs 8,400 workers across the globe.

What is Citrix Systems' official website?

The official website for Citrix Systems is 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]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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