Citrix Systems Inc. (CTXS): Detailed Summary on Technology Stock


Citrix Systems Inc. (NASDAQ:CTXS) changes shares on Tuesday trading session, with a change of 1.99% or $2.79 shares. The trading starts at $138.85 and closed at $139.85 throughout the day. The trading session low price was $137.80 and day high was $142.75 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 1.47 million while its average volume is 1.81M. In other hand, the CTXS market cap reached to $17.48B. While, its current target price is $161.00.

On March 8, 2019, Citrix Systems says hackers gained access to its internal network. According to the news reported on Reuters, Networking software company Citrix Systems Inc said on Friday it has taken action to fix incident involving unauthorized access, possibly by international cyber criminals, to its internal network.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 3.34% and down -5.15% for month. Its quarterly performance was -2.69% below, while its half year performance is up 15.51%. CTXS yearly performance stood at positive 54.99% and rise 28.62% for year-to-date. Current recommendation for Citrix Systems Inc. is 2.40.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CTXS EPS (TTM) for 12-month is 5.92. EPS for this year is 33.70%, while for the next year its value is 6.19. Sales growth for the current quarter is 2.57 while its EPS Q/Q reached 81.50%. It has an EPS of 27.90% up for past five years and for the next five years will be up 9.37%.

Let’s take a look on the analyst recommendations on CTXS for the current month and previous month. For the current month, 6 of 15 analysts recommend stock as Buy while 0 as Sell, 2 as overweight, 0 as underweight and 7 as Hold. As compared with the previous month ratings, 17 analysts participate in stock recommendation. Out of 17, 0 rated it sell, 6 rated it as Buy and 9 as Hold Ratings. On the other hand, target price ranges from $145.00 – $195.00. Average target price for CTXS was reached at $170.50.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in Citrix Systems Inc. (CTXS) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 14.55 million shares which valued 2.06 billion. On Mar 30, 2020, Blackrock Inc. owned 14.28 million shares which valued at 2.02 billion. On Mar 30, 2020, State Street Corporation has a total of 5.73 million shares which valued at 811.29 million. In the end, State Street Corporation have 4.64% shares outstanding of Citrix Systems Inc. (CTXS) on Mar 30, 2020. The insider ownership moved to 1.00% and institutional holding shifted to 98.50%.

The company posted an EPS (TTM) of 5.92. According to the most recent quarter report on (Sep 2020), 14 analysts estimated an average EPS of 1.24, while 1.52 EPS posted a year ago period. Analyst Estimated EPS for CTXS published in the report was $1.2 – $1.31 during the same period. Comparing with last year, the average estimated EPS was 1.52 which is lower than 1.53 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CTXS rise 11.32% for period of 200 days. SMA for 50 days was -2.21% which is showing red signal, while SMA-20 was -4.85%. The moving average value for Citrix Systems Inc. (CTXS) is 4.73M and 3.73% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CTXS stock. On Aug 03, HENSHALL DAVID J, CEO & PRESIDENT, sold 6,420 trading shares at the cost of $142.91, which valued at 0.92 million. On Jul 02, Sacripanti Peter John, Director, sold 215 shares at the cost of $150.00, with total shares of 13,814. On Jul 02, CALDWELL NANCI, Director, sold 215 shares at the cost of 150.00. After this transaction, CALDWELL NANCI total shares reached to 34,081 which valued at 32250.0.