Citrix Systems, Inc. (NASDAQ:CTXS) announced a dividend on Wednesday, October 23rd, Fidelity reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.35 per share by the cloud computing company on Friday, December 20th. The ex-dividend date is Thursday, December 5th.
Shares of NASDAQ:CTXS opened at $111.22 on Wednesday. The business’s 50 day moving average is $109.01 and its 200 day moving average is $99.21. Citrix Systems has a 12-month low of $90.28 and a 12-month high of $114.73. The stock has a market cap of $14.69 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 4.46 and a beta of 1.06. The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 1.35.
Citrix Systems (NASDAQ:CTXS) last released its quarterly earnings results on Thursday, October 24th. The cloud computing company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.27. Citrix Systems had a return on equity of 97.57% and a net margin of 21.33%. The business had revenue of $733.00 million during the quarter, compared to analyst estimates of $715.05 million. During the same period in the prior year, the firm posted $1.40 EPS. Citrix Systems’s quarterly revenue was up .0% compared to the same quarter last year. As a group, equities research analysts expect that Citrix Systems will post 3.85 earnings per share for the current year.
Several brokerages have recently commented on CTXS. Wedbush reiterated a “hold” rating and issued a $92.00 target price on shares of Citrix Systems in a report on Friday, October 25th. ValuEngine upgraded shares of Citrix Systems from a “hold” rating to a “buy” rating in a report on Wednesday, September 4th. Jefferies Financial Group upgraded shares of Citrix Systems from an “underperform” rating to a “hold” rating and boosted their price target for the stock from $80.00 to $105.00 in a report on Tuesday, October 29th. BidaskClub downgraded shares of Citrix Systems from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 28th. Finally, Barclays set a $107.00 price objective on shares of Citrix Systems and gave the company a “hold” rating in a research note on Friday, November 1st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Citrix Systems has a consensus rating of “Hold” and an average price target of $105.33.
Citrix Systems Company Profile
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.
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