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

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$106.53 -0.10 (-0.09 %)
(As of 12/19/2018 01:27 AM ET)
Previous Close$106.63
Today's Range$105.83 - $107.82
52-Week Range$83.70 - $116.82
Volume1.82 million shs
Average Volume1.70 million shs
Market Capitalization$14.71 billion
P/E Ratio25.73
Dividend Yield1.28%
Beta1.37
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

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

Debt

Debt-to-Equity Ratio0.98
Current Ratio0.83
Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio25.73
Forward P/E Ratio24.27
P/E Growth2.72

Sales & Book Value

Annual Sales$2.82 billion
Price / Sales5.08
Cash Flow$5.4491 per share
Price / Cash Flow19.55
Book Value$6.59 per share
Price / Book16.17

Profitability

EPS (Most Recent Fiscal Year)$4.14
Net Income$-20,710,000.00
Net Margins4.27%
Return on Equity91.46%
Return on Assets12.21%

Miscellaneous

Employees7,500
Outstanding Shares134,760,000
Market Cap$14.71 billion
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, October 24th. Shareholders of record on Friday, December 7th will be given a dividend of $0.35 per share on Friday, December 21st. This represents a $1.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date is Thursday, December 6th. View Citrix Systems' Dividend History.

How will Citrix Systems' stock buyback program work?

Citrix Systems announced that its board has approved a stock repurchase plan on Wednesday, October 24th 2018, which authorizes the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes 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 board of directors believes its shares are undervalued.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) issued its quarterly earnings data on Wednesday, October, 24th. The cloud computing company reported $1.40 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.25 by $0.15. The cloud computing company earned $732.47 million during the quarter, compared to analyst estimates of $722.76 million. Citrix Systems had a return on equity of 91.46% and a net margin of 4.27%. The business's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.22 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, January 30th 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, October, 24th. The company provided earnings per share guidance of approx $4.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.97. Citrix Systems also updated its FY 2018 guidance to $5.55-5.60 EPS.

What price target have analysts set for CTXS?

14 analysts have issued 12-month price objectives for Citrix Systems' stock. Their forecasts range from $101.00 to $130.00. On average, they anticipate Citrix Systems' share price to reach $113.6154 in the next year. This suggests a possible upside of 6.7% 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 provider of virtualization, networking and cloud computing solutions. The company is benefiting from robust adoption of its Subscription based services. Solid adoption of unified workspace solutions and hybrid cloud offerings is a key catalyst. Traction witnessed by ShareFile is notable. The company also provided an impressive guidance. Efforts to reward shareholders through share buybacks are a positive. Citrix stock has outperformed industry in the past year. Citrix has deployed its Cloud services including XenDesktop and XenApp on Oracle Cloud Marketplace. This is expected to garner new customer additions, consequently generating incremental revenues. Acquisition of Sapho will enable the company to fortify its competitive position in the rapidly growing desktop virtualization market. Buyout of Cedexis is likely to improve company’s operational performance. However, adverse foreign exchange movements remain a headwind." (12/18/2018)
  • 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)

Has Citrix Systems been receiving favorable news coverage?

Headlines about CTXS stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Citrix Systems earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave headlines about the cloud computing company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

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)

Who are Citrix Systems' major shareholders?

Citrix Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (10.43%), Clearbridge Investments LLC (4.35%), First Trust Advisors LP (2.23%), MERIAN GLOBAL INVESTORS UK Ltd (1.68%), Man Group plc (1.41%) and Renaissance Technologies LLC (1.01%). 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 Renaissance Technologies LLC, Clearbridge Investments LLC, Seizert Capital Partners LLC, Mitsubishi UFJ Trust & Banking Corp, Wedge Capital Management L L P NC, Pendal Group Ltd, LSV Asset Management and BlueMountain Capital Management LLC. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark M Coyle, 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 acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Janus Henderson Group PLC, O Shaughnessy Asset Management LLC, Assenagon Asset Management S.A., MERIAN GLOBAL INVESTORS UK Ltd, Martingale Asset Management L P, Acadian Asset Management LLC and First Trust Advisors LP. 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 $106.53.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $14.71 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.

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:  840 (Vote Outperform)
Underperform Votes:  766 (Vote Underperform)
Total Votes:  1,606
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 12/19/2018 by MarketBeat.com Staff

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