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

$145.91
+5.87 (+4.19 %)
(As of 03/31/2020 06:00 AM ET)
Today's Range
$134.57
Now: $145.91
$146.25
50-Day Range
$102.97
MA: $118.00
$140.04
52-Week Range
$90.28
Now: $145.91
$146.25
Volume2.99 million shs
Average Volume3.60 million shs
Market Capitalization$17.85 billion
P/E Ratio28.72
Dividend Yield1.00%
Beta1.08
Citrix Systems, Inc. provides workspace, networking, and analytics solutions worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops, a cloud-enabled app and desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and Citrix Virtual Apps that allows Windows and Linux applications to be remotely delivered to Macs, PCs, thin clients, and Android/iOS mobile devices from any cloud, on-premises datacenter, or both. Its workspace services also comprise Citrix Endpoint Management enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data people need for business productivity. In addition, the company offers networking products comprising Citrix ADC, a software-defined application delivery controller designed for organizations undergoing digital transformation; and Citrix SD-WAN that enhances applications delivered from the legacy data center, cloud, or SaaS. Further, it provides content collaboration offerings that include 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. Additionally, the company offers support, 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$3.01 billion
Cash Flow$6.39 per share
Book Value$6.43 per share

Profitability

Net Income$681.81 million

Miscellaneous

Employees8,400
Market Cap$17.85 billion
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

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Citrix Systems (NASDAQ:CTXS) Frequently Asked Questions

How has Citrix Systems' stock 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 (WHO). Since then, CTXS stock has increased by 27.1% and is now trading at $145.91. View which stocks have been mosted impacted by Coronavirus.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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, April 22nd 2020. View our earnings forecast for Citrix Systems.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) announced its quarterly earnings data on Wednesday, January, 22nd. The cloud computing company reported $1.71 EPS for the quarter, beating the Zacks' consensus estimate of $1.17 by $0.54. The cloud computing company earned $810 million during the quarter, compared to analyst estimates of $802.53 million. Citrix Systems had a net margin of 22.65% and a return on equity of 84.34%. Citrix Systems's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.67 earnings per share. View Citrix Systems' earnings history.

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

Citrix Systems announced a quarterly dividend on Friday, January 24th. Investors of record on Friday, March 6th will be given a dividend of $0.35 per share on Friday, March 20th. This represents a $1.40 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Thursday, March 5th. View Citrix Systems' dividend history.

How will Citrix Systems' stock buyback program work?

Citrix Systems declared that its board has initiated a share repurchase plan on Wednesday, October 24th 2018, which permits the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its stock is undervalued.

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

Citrix Systems issued an update on its FY20 earnings guidance on Wednesday, January, 22nd. The company provided EPS guidance of $5.35-5.55 for the period, compared to the Thomson Reuters consensus estimate of $5.57. The company issued revenue guidance of $3.10-3.13 billion, compared to the consensus revenue estimate of $3.11 billion.

What price target have analysts set for CTXS?

11 equities research analysts have issued 1-year target prices for Citrix Systems' stock. Their forecasts range from $107.00 to $160.00. On average, they anticipate Citrix Systems' stock price to reach $126.40 in the next twelve months. This suggests that the stock has a possible downside of 13.4%. View analysts' price targets for Citrix Systems.

Has Citrix Systems been receiving favorable news coverage?

Media stories about CTXS stock have been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Citrix Systems earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news headlines about the cloud computing company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutCitrix Systems.

Are investors shorting Citrix Systems?

Citrix Systems saw a decline in short interest in March. As of March 13th, there was short interest totaling 5,761,900 shares, a decline of 22.3% from the February 27th total of 7,420,000 shares. Based on an average trading volume of 3,026,800 shares, the short-interest ratio is currently 1.9 days. Approximately 4.8% of the company's stock 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), Micron Technology (MU), Netflix (NFLX), Cisco Systems (CSCO), NVIDIA (NVDA), Tesla (TSLA), salesforce.com (CRM), Alibaba Group (BABA), Adobe (ADBE) and Boeing (BA).

Who are Citrix Systems' key executives?

Citrix Systems' management team includes the following 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)

What is Citrix Systems' stock symbol?

Citrix Systems trades on the NASDAQ under the ticker symbol "CTXS."

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 $145.91.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $17.85 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. View additional information about Citrix Systems.

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:  931 (Vote Outperform)
Underperform Votes:  862 (Vote Underperform)
Total Votes:  1,793
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 3/31/2020 by MarketBeat.com Staff

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