|Bid||96.69 x 100|
|Ask||96.70 x 300|
|Day's Range||96.12 - 97.49|
|52 Week Range||73.33 - 98.60|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Tableau Software (DATA) has bought back shares on a regular basis in the last two years. During this period, the company bought back ~1.7 million shares worth ~$100.0 million, maintaining a steady average of ~$50.0 million in share repurchases each year. In fiscal 2017, the company repurchased ~$80.0 million in shares at an average of ~$20.0 million each quarter.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 7. Over the last one-month, outflows of investor capital in ETFs holding CTXS totaled $13.05 billion.
Citrix Systems (CTXS) appears a promising pick right now on the back of stellar fourth-quarter 2017 results, strong product portfolio and acquisition synergies.
Strong free cash flow and lower leverage have encouraged the company to boost its share repurchase program going forward. The graph above shows Take-Two’s share repurchase trends in the last four years. Take-Two has generated healthy free cash flow over the years.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 7. Over the last one-month, outflows of investor capital in ETFs holding CTXS totaled $1.31 billion.
A number of Silicon Valley companies are now using Ireland as a source of talent for them to grow their business in Europe, the Middle East and Africa. Others have Irish engineering outposts to support their Bay Area headquarters, according to the Mountain View-based Investment Development Agency (IDA), which acts as a bridge for Silicon Valley and Ireland.
In 4Q17 on a non-GAAP (generally accepted accounting principles) basis, its operating income came in at $150 million, a rise of 20% YoY. Its operating margin in the same period was 29.9%, a rise of 320 basis points. Likewise, in 2017, its operating margin was 27.5% compared to 25.8% in 2016.
Microsoft, Intel, YY, Autohome and Citrix Systems have found 50-day support and are consolidating, but aren't yet in buy range. YY has earnings late Monday.
Fort Lauderdale-based software giant Citrix Systems is among the American companies that will bring untaxed overseas capital back to the U.S., per a requirement of the new federal tax plan. The Republican-backed tax overhaul includes a one-time "deemed repatriation tax" that compels companies based in the U.S. to bring back profits gained from international operations. “With the announcement of our multi-year cloud transition and operational efficiency initiatives, we believe Citrix is well-positioned to generate strong cash flow growth and shareholder value," Citrix CEO David J. Henshall said.
Virtual workspace operator Citrix Systems (CTXS) has gained from growing demand for both its hybrid and public cloud systems. In 4Q17, the company reported strong growth in its Content Collaboration business. In 4Q17, Citrix’s Content Collaboration business grew nearly 23.0% YoY (year-over-year) to $45.6 million, posting its highest growth compared to the company’s other product categories..
Citrix Systems Inc (NASDAQ:CTXS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
To gain strong market traction as well as to downplay competitive threats, Citrix (CTXS) has enhanced its virtual workspace and cloud product and its service portfolio. The company identified its three key goals—accelerating the ongoing transition of clients from on-premise to the cloud platform, streamlining the data and apps delivery process, and increasing its incremental revenues through security and analytics. In the graph above, we can see the overall revenue growth of Citrix in the last five years. The company’s implementation of these strategies has already started reflecting on its revenues.
Citrix (CTXS) has witnessed ongoing pressure on its margins, driven by increasing expenditures on research and development (or R&D). The higher cost of its product, services, and maintenance businesses has also been responsible for its margin contractions. In 4Q17, Citrix’s gross margin stood at 84.3% compared with 86.4% in 4Q16. Its operating margin in 4Q17 was 24.4%, down 310 basis points. In the chart above, we can see Citrix’s operating margins on a GAAP basis in the last five quarters. In fiscal 2017, its gross margin was 84.4% versus 85.2% in fiscal 2016.