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

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

Citrix Systems declared a quarterly dividend on Friday, January 24th. Shareholders 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 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Thursday, March 5th. View Citrix Systems' Dividend History.

Citrix Systems announced that its Board of Directors has approved a share repurchase plan on Wednesday, October 24th 2018, which authorizes the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

Citrix Systems, Inc. (NASDAQ:CTXS) posted its quarterly earnings results on Wednesday, January, 22nd. The cloud computing company reported $1.71 EPS for the quarter, topping the consensus estimate 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 93.09% and a net margin of 22.65%. Citrix Systems's revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.67 earnings per share. View Citrix Systems' Earnings History.

Citrix Systems is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Citrix Systems.

Citrix Systems issued an update on its FY20 earnings guidance on Wednesday, January, 22nd. The company provided earnings per share (EPS) guidance of $5.35-5.55 for the period, compared to the Thomson Reuters consensus 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.

9 Wall Street analysts have issued 12-month price targets for Citrix Systems' shares. Their forecasts range from $107.00 to $150.00. On average, they expect Citrix Systems' share price to reach $121.44 in the next year. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for Citrix Systems.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Citrix Systems.

Media headlines about CTXS stock have trended very positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Citrix Systems earned a media sentiment score of 3.5 on InfoTrie's scale. They also assigned news articles about the cloud computing company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Citrix Systems.

Citrix Systems saw a decline in short interest during the month of December. As of December 13th, there was short interest totalling 4,050,000 shares, a decline of 21.4% from the November 28th total of 5,150,000 shares. Based on an average daily volume of 1,630,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 3.1% of the company's shares 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), ANSYS (ANSS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Aspen Technology (AZPN) and Guidewire Software (GWRE).

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), Express Scripts (ESRX), Cisco Systems (CSCO), salesforce.com (CRM), Boeing (BA) and Skyworks Solutions (SWKS).

Citrix Systems' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.21%), Assenagon Asset Management S.A. (0.13%), Boston Trust Walden Corp (0.12%), New York State Teachers Retirement System (0.11%), Calamos Advisors LLC (0.05%) and State of Alaska Department of Revenue (0.04%). Company insiders that own Citrix Systems stock include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Matto Andrew H Del, 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 PGGM Investments, Commerzbank Aktiengesellschaft FI, Nisa Investment Advisors LLC, New York State Teachers Retirement System, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Convergence Investment Partners LLC and Janney Montgomery Scott 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, Paul J Hough, Peter John Sacripanti, Robert Calderoni and Rotterdam Jeroen Van. View Insider Buying and Selling for Citrix Systems.

CTXS stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Boston Trust Walden Corp, 10 15 Associates Inc., Zurcher Kantonalbank Zurich Cantonalbank , Cerebellum GP LLC, Balasa Dinverno & Foltz LLC, First Hawaiian Bank and Pennsylvania Trust Co. View Insider Buying and Selling 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 $128.26.

Citrix Systems has a market capitalization of $16.70 billion and generates $3.01 billion in revenue each year. The cloud computing company earns $575.66 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.

The official website for Citrix Systems is http://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]