NASDAQ:CTXS - Citrix Systems Stock Price, Price Target & More

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$108.57 -1.12 (-1.02 %)
(As of 07/20/2018 10:48 AM ET)
Previous Close$108.24
Today's Range$107.63 - $109.20
52-Week Range$73.33 - $110.94
Volume17,386 shs
Average Volume1.31 million shs
Market Capitalization$15.01 billion
P/E Ratio26.23
Dividend YieldN/A
Beta1.26
Citrix Systems logoCitrix 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
SymbolNASDAQ:CTXS
CUSIP17737610
Phone954-267-3000

Debt

Debt-to-Equity Ratio4.08
Current Ratio1.36
Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio26.23
Forward P/E Ratio25.43
P/E Growth2.87

Sales & Book Value

Annual Sales$2.82 billion
Price / Sales5.21
Cash Flow$5.4750 per share
Price / Cash19.83
Book Value$6.59 per share
Price / Book16.47

Profitability

EPS (Most Recent Fiscal Year)$4.14
Net Income$-20,710,000.00
Net Margins3.35%
Return on Equity49.52%
Return on Assets12.20%

Miscellaneous

Employees7,500
Outstanding Shares135,520,000
Market Cap$15,006.73

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 will Citrix Systems' stock buyback program work?

Citrix Systems declared that its Board of Directors has authorized a share buyback plan on Tuesday, November 14th 2017, which permits the company to repurchase $1,700,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) posted its quarterly earnings results on Wednesday, April, 25th. The cloud computing company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.24. The cloud computing company had revenue of $697.19 million for the quarter, compared to the consensus estimate of $675.57 million. Citrix Systems had a return on equity of 49.52% and a net margin of 3.35%. The company's revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 EPS. 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, July, 25th 2018. View Earnings Estimates for Citrix Systems.

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

Citrix Systems issued an update on its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share guidance of $5.20-5.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.92. The company issued revenue guidance of $2.88-2.91 billion, compared to the consensus revenue estimate of $2.88 billion.Citrix Systems also updated its Q2 guidance to $1.18-1.22 EPS.

What price target have analysts set for CTXS?

17 Wall Street analysts have issued 1 year target prices for Citrix Systems' shares. Their forecasts range from $61.00 to $120.00. On average, they anticipate Citrix Systems' stock price to reach $102.4667 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Ratings for Citrix Systems.

What is the consensus analysts' recommendation for Citrix Systems?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 2 sell ratings, 9 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold."

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 leading provider of virtualization, networking and cloud computing solutions.  The company's efforts to reward shareholders through share buybacks are impressive.   buyout of Cedexis — a web monitoring company. The company Citrix deployed its Cloud services including XenDesktop and XenApp on Oracle Cloud Marketplace. This is likely to have led to new customer additions, consequently generating incremental revenues. Its strong customer base is another positive. Further, the merger between LogMeIn and Citrix's GoTo business, concluded last year, is likely to be value accretive, going forward. However, high operating costs are likely to hurt the bottom line at least in the near term. Furthermore, adverse foreign exchange movements remain a headwind." (6/26/2018)
  • 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)

Are investors shorting Citrix Systems?

Citrix Systems saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 8,773,885 shares, an increase of 25.6% from the May 31st total of 6,983,241 shares. Based on an average daily trading volume, of 2,269,099 shares, the days-to-cover ratio is currently 3.9 days. Currently, 6.6% of the shares of the company are short sold. View Citrix Systems' Current Options Chain.

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)

Has Citrix Systems been receiving favorable news coverage?

Media headlines about CTXS stock have trended somewhat positive on Friday, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citrix Systems earned a news impact score of 0.05 on Accern's scale. They also gave news stories about the cloud computing company an impact score of 43.41 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Citrix Systems' major shareholders?

Citrix Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include Pendal Group Ltd (0.77%), Bank of Montreal Can (0.55%), Hexavest Inc. (0.30%), Assenagon Asset Management S.A. (0.11%), Retirement Systems of Alabama (0.04%) and Nisa Investment Advisors LLC (0.04%). Company insiders that own Citrix Systems stock include Carlos Sartorius, Christopher Hylen, David J Henshall, Jessica Soisson, Klaus Oestermann, Mark M Coyle, Murray J Demo, Robert Calderoni, Rotterdam Jeroen Van, Timothy A Minahan and William Burley. 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 NN Investment Partners Holdings N.V., Pendal Group Ltd, Bank of Montreal Can, First Citizens Bank & Trust Co., Fjarde AP Fonden Fourth Swedish National Pension Fund, Tokio Marine Asset Management Co. Ltd., Hartford Investment Management Co. and Gateway Investment Advisers LLC. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Jessica Soisson, Mark M Coyle, 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 purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Assenagon Asset Management S.A., CHURCHILL MANAGEMENT Corp, James Investment Research Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Nisa Investment Advisors LLC, State of Alaska Department of Revenue and Atria Investments 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 $108.61.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $15.01 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.

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:  796 (Vote Outperform)
Underperform Votes:  720 (Vote Underperform)
Total Votes:  1,516
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 7/20/2018 by MarketBeat.com Staff

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