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Citrix Systems, Inc. (CTXS) Message Board

  • cappysportsguy cappysportsguy Jan 30, 2014 4:08 PM Flag

    Besides the 6 analysts downgrades so far.....

    Citrix has declining growth, even more than analysts expected. Per the yahoo news article posted today, it is expected to grow slower than the average company this year.

    Yet, it is still trading at a PE of 32. Even a 40% reduction in PE to a still LOFTY PE of 20 for a slow growing company would put this stock at $40....

    A more reasonable PE for Citrix, with diminishing growth below market would be about 15......approximately $28 per share......

    This company is well run, just the market and competition they face has no barriers to entry......

    Unfortunately folks, we have no prospects for the upside, and we could potentially see the 30's within the year......

    I am out, Cloud storage is not longer the future, simply a commodity now, easily provided and getting harder to compete in.....

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    • How many Qs does it take to make a trend? I think more than just 2 before concluding growth is slowing. You could find yourself missing the boat or in loosing position if short when they announce next Q. They're in a fast growing technology sector that has just now begun to grow due to slow migration and acceptance of cloud computing, but the shift is starting to take place. My company still has an IT department and run our own data center, but we are just now looking to migrate to the cloud, only now after a few years of this technology being available. A well run company with smart people at the helm always find a way. Just my opinion.

      Sentiment: Buy

 
CTXS
88.28+0.22(+0.25%)Aug 25 4:00 PMEDT