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

$116.08
-3.49 (-2.92 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$115.84
Now: $116.08
$119.92
50-Day Range
$111.82
MA: $119.71
$128.48
52-Week Range
$90.28
Now: $116.08
$130.55
Volume1.68 million shs
Average Volume1.40 million shs
Market Capitalization$14.20 billion
P/E Ratio22.85
Dividend Yield1.17%
Beta1
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. Read More…

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$5.96 per share
Book Value$6.85 per share

Profitability

Net Income$681.81 million

Miscellaneous

Employees8,200
Market Cap$14.20 billion
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Friday, January 24th. Stockholders 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 1.21%. The ex-dividend date is Thursday, March 5th. View Citrix Systems' Dividend History.

How will Citrix Systems' stock buyback program work?

Citrix Systems declared that its board has authorized a stock buyback plan on Wednesday, October 24th 2018, which allows the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

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 analysts' consensus estimates of $1.17 by $0.54. The cloud computing company had revenue of $810 million for the quarter, compared to the consensus estimate of $802.53 million. Citrix Systems had a return on equity of 84.34% and a net margin of 22.65%. Citrix Systems's revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.67 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, April 22nd 2020. View Earnings Estimates for Citrix Systems.

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

Citrix Systems updated 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 EPS 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?

9 analysts have issued 12 month target prices for Citrix Systems' stock. Their forecasts range from $107.00 to $150.00. On average, they expect Citrix Systems' share price to reach $124.33 in the next year. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Price Targets for Citrix Systems.

What is the consensus analysts' recommendation for Citrix Systems?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Citrix Systems.

Has Citrix Systems been receiving favorable news coverage?

News headlines about CTXS stock have trended somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing 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 nearest to five being the most favorable. Citrix Systems earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave 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 News Stories for Citrix Systems.

Are investors shorting Citrix Systems?

Citrix Systems saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,780,000 shares, an increase of 13.3% from the January 15th total of 4,220,000 shares. Based on an average daily trading volume, of 1,550,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 3.7% of the shares of the 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 Netflix (NFLX), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Tesla (tsla), Cisco Systems (CSCO), salesforce.com (CRM), Express Scripts (ESRX), Alibaba Group (BABA) and Adobe (ADBE).

Who are Citrix Systems' key executives?

Citrix Systems' management team includes the folowing 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)

Who are Citrix Systems' major shareholders?

Citrix Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.50%), FMR LLC (3.28%), First Trust Advisors LP (2.32%), Bank of New York Mellon Corp (1.94%), Geode Capital Management LLC (1.64%) and Alliancebernstein L.P. (1.26%). Company insiders that own Citrix Systems stock include David J Henshall, 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 major investors are selling Citrix Systems stock?

CTXS stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, AJO LP, FMR LLC, Man Group plc, First Trust Advisors LP, DekaBank Deutsche Girozentrale, Geode Capital Management LLC and UBS Oconnor LLC. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, 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 Insider Buying and Selling for Citrix Systems.

Which major investors are buying Citrix Systems stock?

CTXS stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Renaissance Technologies LLC, Amundi Pioneer Asset Management Inc., State Street Corp, Acadian Asset Management LLC, Teacher Retirement System of Texas, UBS Asset Management Americas Inc. and Reinhart Partners Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Citrix Systems' stock price today?

One share of CTXS stock can currently be purchased for approximately $116.08.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $14.20 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 8,200 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:  915 (Vote Outperform)
Underperform Votes:  855 (Vote Underperform)
Total Votes:  1,770
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 2/23/2020 by MarketBeat.com Staff

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