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NASDAQ:CTXSCitrix Systems Stock Price, Forecast & News

$140.21
+1.00 (+0.72 %)
(As of 05/28/2020 11:20 AM ET)
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Today's Range
$139.02
Now: $140.21
$141.08
50-Day Range
$136.73
MA: $144.55
$154.02
52-Week Range
$90.28
Now: $140.21
$155.10
Volume384,861 shs
Average Volume1.80 million shs
Market Capitalization$17.31 billion
P/E Ratio24.51
Dividend Yield1.01%
Beta0.33
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. Its workspace services also comprise Citrix Endpoint Management enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data people need for business productivity. In addition, the company offers networking products comprising Citrix ADC, a software-defined application delivery controller designed for organizations undergoing digital transformation; and Citrix SD-WAN that enhances applications delivered from the legacy data center, cloud, or SaaS. Further, it provides content collaboration offerings that include 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. Additionally, the company offers support, 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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Citrix Systems logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.07 out of 5 stars


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$6.19 per share
Book Value($1.77) per share

Profitability

Net Income$681.81 million

Miscellaneous

Employees8,400
Market Cap$17.31 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Citrix Systems (NASDAQ:CTXS) Frequently Asked Questions

How has Citrix Systems' stock been impacted by COVID-19 (Coronavirus)?

Citrix Systems' stock was trading at $114.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CTXS shares have increased by 22.1% and is now trading at $140.21. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Citrix Systems?

14 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 and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Citrix Systems.

When is Citrix Systems' next earnings date?

Citrix Systems is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Citrix Systems.

How were Citrix Systems' earnings last quarter?

Citrix Systems, Inc. (NASDAQ:CTXS) released its quarterly earnings results on Thursday, April, 23rd. The cloud computing company reported $1.73 EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 132.00% and a net margin of 23.88%. The company's revenue was up 19.7% compared to the same quarter last year. During the same period last year, the company earned $1.27 EPS. View Citrix Systems' earnings history.

How often does Citrix Systems pay dividends? What is the dividend yield for Citrix Systems?

Citrix Systems declared a quarterly dividend on Friday, April 24th. Stockholders 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 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, June 4th. View Citrix Systems' dividend history.

How will Citrix Systems' stock buyback program work?

Citrix Systems declared that its Board of Directors has authorized a share buyback program 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 programs are generally an indication that the company's management believes its stock is undervalued.

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

Citrix Systems issued an update on its FY20 earnings guidance on Thursday, April, 23rd. The company provided earnings per share guidance of $5.40-5.60 for the period, compared to the Thomson Reuters consensus 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.

What price target have analysts set for CTXS?

14 Wall Street analysts have issued 1 year target prices for Citrix Systems' shares. Their forecasts range from $107.00 to $200.00. On average, they anticipate Citrix Systems' share price to reach $144.25 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View analysts' price targets for Citrix Systems.

Has Citrix Systems been receiving favorable news coverage?

Media stories about CTXS stock have trended somewhat negative recently, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 -1.7 on InfoTrie's scale. They also gave news stories about the cloud computing company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutCitrix Systems.

Are investors shorting Citrix Systems?

Citrix Systems saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 4,710,000 shares, a drop of 7.1% from the March 31st total of 5,070,000 shares. Based on an average daily volume of 2,630,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 3.9% of the company's stock are sold short. 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 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).

Who are Citrix Systems' key executives?

Citrix Systems' management team includes the following 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)

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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.57%), State Street Corp (4.64%), Clearbridge Investments LLC (3.43%), Invesco Ltd. (2.13%), First Trust Advisors LP (2.02%) and Bank of New York Mellon Corp (1.94%). 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.

Which major investors are selling Citrix Systems stock?

CTXS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Wells Fargo & Company MN, Alberta Investment Management Corp, Two Sigma Advisers LP, AQR Capital Management LLC, Schroder Investment Management Group, and Clearbridge Investments LLC. 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, Peter John Sacripanti, Robert Calderoni, Rotterdam Jeroen Van, and Timothy A Minahan. View insider buying and selling activity 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 APG Asset Management N.V., London Co. of Virginia, APG Asset Management N.V., APG Asset Management N.V., Invesco Ltd., Pictet Asset Management Ltd., Alliancebernstein L.P., and MERIAN GLOBAL INVESTORS UK Ltd. View insider buying and selling activity 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 $140.21.

How big of a company is Citrix Systems?

Citrix Systems has a market capitalization of $17.31 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 5/28/2020 by MarketBeat.com Staff

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