NASDAQ:CTXSCitrix Systems Stock Price, Forecast & News

Citrix Systems' stock was trading at $114.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CTXS shares have increased by 32.6% and is now trading at $152.28. View which stocks have been most impacted by Coronavirus.

15 Wall Street 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, resulting in a consensus recommendation of "Hold." View analyst ratings for Citrix Systems.

Citrix Systems is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Citrix Systems.

Citrix Systems will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Citrix Systems, Inc. (NASDAQ:CTXS) posted its quarterly earnings data on Thursday, April, 23rd. The cloud computing company reported $1.73 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.17 by $0.56. The cloud computing company earned $860.95 million during the quarter, compared to the consensus estimate of $734.29 million. Citrix Systems had a net margin of 23.88% and a return on equity of 132.00%. The firm's quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.27 EPS. View Citrix Systems' earnings history.

Citrix Systems declared a quarterly dividend on Friday, April 24th. Shareholders of record on Friday, June 5th will be given a dividend of $0.35 per share on Friday, June 19th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, June 4th. View Citrix Systems' dividend history.

Citrix Systems declared that its board has authorized a share repurchase plan on Wednesday, October 24th 2018, which permits the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

Citrix Systems issued an update on its FY20 earnings guidance on Thursday, April, 23rd. The company provided EPS guidance of $5.40-5.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.42. The company issued revenue guidance of $3.10-3.16 billion, compared to the consensus revenue estimate of $3.12 billion.

15 brokers have issued twelve-month price objectives for Citrix Systems' stock. Their forecasts range from $107.00 to $200.00. On average, they expect Citrix Systems' share price to reach $146.38 in the next year. This suggests that the stock has a possible downside of 3.9%. View analysts' price targets for Citrix Systems.

Press coverage about CTXS stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog 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 coverage optimism score of 1.3 on InfoTrie's scale. They also assigned media stories 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 company's share price in the next several days. View the latest news about Citrix Systems.

Citrix Systems saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 4,730,000 shares, a decline of 12.1% from the June 15th total of 5,380,000 shares. Based on an average daily volume of 2,160,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 3.9% of the shares of the company are short sold. View Citrix Systems' Current Options Chain.

Some companies that are related to Citrix Systems include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), SS&C Technologies (SSNC), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO), Guidewire Software (GWRE) and Pegasystems (PEGA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Citrix Systems investors own include NVIDIA (NVDA), Intel (INTC), Micron Technology (MU), Netflix (NFLX), Adobe (ADBE), Cisco Systems (CSCO), Advanced Micro Devices (AMD), Tesla (TSLA), Alibaba Group (BABA) and Gilead Sciences (GILD).

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

Citrix Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.33%), Envestnet Asset Management Inc. (0.09%), Reinhart Partners Inc. (0.07%), State of Alaska Department of Revenue (0.07%), DNB Asset Management AS (0.03%) and Silverleafe Capital Partners LLC (0.02%). Company insiders that own Citrix Systems stock include 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 and Timothy A Minahan. View institutional ownership trends for Citrix Systems.

CTXS stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Orrstown Financial Services Inc., Reinhart Partners Inc., 6 Meridian, Patton Fund Management Inc., Mount Yale Investment Advisors LLC, and Hudson Valley Investment Advisors Inc. ADV. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Donna Nappen Kimmel, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Nanci Caldwell, Paul J Hough, Peter John Sacripanti, Robert Calderoni, Rotterdam Jeroen Van, and Timothy A Minahan. View insider buying and selling activity for Citrix Systems.

CTXS stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, State of Alaska Department of Revenue, Silverleafe Capital Partners LLC, DNB Asset Management AS, Robecosam AG, Cypress Capital Group, Fulton Breakefield Broenniman LLC, and Exane Derivatives. View insider buying and selling activity for 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.

One share of CTXS stock can currently be purchased for approximately $152.28.

Citrix Systems has a market capitalization of $18.80 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.

The official website for Citrix Systems is www.citrix.com.

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]