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DOW   31,081.15
QQQ   321.94
S&P 500   3,836.65
DOW   31,081.15
QQQ   321.94
S&P 500   3,836.65
DOW   31,081.15
QQQ   321.94
S&P 500   3,836.65
DOW   31,081.15
QQQ   321.94
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NASDAQ:CTXS

Citrix Systems Stock Forecast, Price & News

$134.30
-1.06 (-0.78 %)
(As of 01/20/2021 10:15 AM ET)
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Today's Range
$134.10
Now: $134.30
$136.38
50-Day Range
$125.59
MA: $130.58
$133.14
52-Week Range
$100.31
Now: $134.30
$173.56
Volume13,816 shs
Average Volume1.27 million shs
Market Capitalization$16.54 billion
P/E Ratio28.82
Dividend Yield1.06%
Beta0.27
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.
Citrix Systems logo

MarketRank

Overall MarketRank

2.01 out of 5 stars

Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

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$6.24 per share
Book Value$6.43 per share

Profitability

Net Income$681.81 million

Miscellaneous

Market Cap$16.54 billion
Next Earnings Date4/22/2021 (Estimated)
OptionableOptionable
$134.30
-1.06 (-0.78 %)
(As of 01/20/2021 10:15 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 been impacted by COVID-19?

Citrix Systems' stock was trading at $114.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CTXS stock has increased by 17.2% and is now trading at $134.53.
View which stocks have been most impacted by COVID-19
.

Is Citrix Systems a buy right now?

15 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "hold" Citrix Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTXS, but not buy additional shares or sell existing shares.
View analyst ratings for Citrix Systems
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Citrix Systems?

Wall Street analysts have given Citrix Systems a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Citrix Systems wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Citrix Systems' next earnings date?

Citrix Systems is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Citrix Systems
.

How can I listen to Citrix Systems' earnings call?

Citrix Systems will be holding an earnings conference call on Thursday, January 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) released its quarterly earnings data on Tuesday, January, 19th. The cloud computing company reported $1.46 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.34 by $0.12. The cloud computing company earned $810 million during the quarter, compared to analysts' expectations of $781.55 million. Citrix Systems had a return on equity of 391.74% and a net margin of 18.52%. Citrix Systems's revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business posted $1.71 EPS.
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, October 23rd. Stockholders 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 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Monday, December 7th.
View Citrix Systems' dividend history
.

Is Citrix Systems a good dividend stock?

Citrix Systems pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.06%. The dividend payout ratio of Citrix Systems is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Citrix Systems will have a dividend payout ratio of 33.02% next year. This indicates that Citrix Systems will be able to sustain or increase its dividend.
View Citrix Systems' dividend history.

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

Citrix Systems issued an update on its FY21 earnings guidance on Tuesday, January, 19th. The company provided EPS guidance of $6.20-6.40 for the period, compared to the Thomson Reuters consensus estimate of $6.37. The company issued revenue guidance of $3.33-3.36 billion, compared to the consensus revenue estimate of $3.33 billion.

What price target have analysts set for CTXS?

15 equities research analysts have issued 12-month target prices 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 twelve months. This suggests a possible upside of 13.7% from the stock's current price.
View analysts' price targets for Citrix Systems
or view Wall Street analyst' top-rated stocks.

Are investors shorting Citrix Systems?

Citrix Systems saw a increase in short interest in December. As of December 31st, there was short interest totaling 7,480,000 shares, an increase of 19.3% from the December 15th total of 6,270,000 shares. Based on an average trading volume of 1,600,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 6.1% of the company's stock are sold short.
View Citrix Systems' Short Interest
.

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 53, Pay $3.03M)
  • Mr. Arlen R. Shenkman, Exec. VP & CFO (Age 51, Pay $832.83k)
  • Ms. Jessica Soisson, VP, Chief Accounting Officer & Corp. Controller (Age 47, Pay $763.62k)
  • Mr. Antonio G. Gomes, Exec. VP & Chief Legal Officer (Age 55, Pay $1.14M)
  • Mr. Mark J. Ferrer, Exec. VP & Chief Revenue Officer (Age 61, Pay $1.33M)
  • Mr. Paul J. Hough, Exec. Officer (Age 56, Pay $1.29M)
  • Mr. Mark J. Schmitz, COO & Exec. VP (Age 46)
  • Mr. Woong Kim, Exec. VP of Engineering & CTO (Age 42)
  • Ms. Traci T. Tsuchiguchi, VP of Investor Relations (Age 46)
  • Mr. Timothy A. Minahan, Exec. VP of Bus. Strategy & Chief Marketing Officer (Age 51)

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 many different retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.21%), State of Alaska Department of Revenue (0.08%), DNB Asset Management AS (0.02%), IFM Investors Pty Ltd (0.01%), Arden Trust Co (0.01%) and Access Financial Services Inc. (0.01%). 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, Sridhar Mullapudi 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 Wedge Capital Management L L P NC, Profit Investment Management LLC, State of Alaska Department of Revenue, DNB Asset Management AS, New England Research & Management Inc., First Hawaiian Bank, Bowling Portfolio Management LLC, and Arden Trust Co. 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, Rotterdam Jeroen Van, Sridhar Mullapudi, and Timothy A Minahan.
View insider buying and selling activity for Citrix Systems
or view top insider-selling stocks.

Which institutional investors are buying Citrix Systems stock?

CTXS stock was acquired by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Access Financial Services Inc., ETF Portfolio Partners Inc., Cypress Capital Group, Ritholtz Wealth Management, Diversified Trust Co, IFM Investors Pty Ltd, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Citrix Systems
or or view top insider-buying stocks.

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 WeBull, 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 $134.53.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $16.56 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 1/20/2021 by MarketBeat.com Staff

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