CTXS - Citrix Systems, Inc.
| Previous Close | 100.11 |
| Open | 99.65 |
| Bid | 97.69 x 900 |
| Ask | 0.00 x 800 |
| Day's Range | 99.32 - 100.17 |
| 52 Week Range | 93.91 - 116.82 |
| Volume | 1,299,088 |
| Avg. Volume | 2,295,111 |
| Market Cap | 13.153B |
| Beta (3Y Monthly) | 0.79 |
| PE Ratio (TTM) | 25.34 |
| EPS (TTM) | 3.94 |
| Earnings Date | Apr 23, 2019 - Apr 29, 2019 |
| Forward Dividend & Yield | 1.40 (1.33%) |
| Ex-Dividend Date | 2019-03-07 |
| 1y Target Est | 112.07 |
- Zacks•5 days ago
Can Citrix Systems (CTXS) Retain Earnings Beat Streak in Q1?
Citrix Systems (CTXS) first-quarter results are likely to benefit from adoption of workspace solutions. However, seasonal order decline in networking hardware is a concern.
- InvestorPlace•5 days ago
3 Big Stock Charts for Thursday: Citrix Systems, Goldman Sachs Group and Amgen
Yesterday's strong start didn't end up with a strong finish, though it wasn't disastrous either. The S&P 500 ended up closing at 2,900.45, down 0.23%. Higher volume and a "bottomy" VIX suggests this could be a major pivot point, though it's far too soon to make such a call yet.Source: Allan Ajifo via Wikimedia (Modified)The indices may have fared considerably better had it not been for Sprint (NYSE:S). Shares of the wireless company slumped more than 6% on whispers that its intended merger with T-Mobile (NASDAQ:TMUS) may meet resistance with the Department of Justice.At the other end of the spectrum, Qualcomm (NASDAQ:QCOM) jumped 12% after it and Apple (NASDAQ:AAPL) finally (mostly) ended a long-standing legal battle over intellectual property.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNone of those names are especially great trading prospects as we kick off the last trading day of the holiday-shortened weak. Rather, it's the stock charts of Goldman Sachs Group (NYSE:GS), Amgen (NASDAQ:AMGN) and Citrix Systems (NASDAQ:CTXS) that merit the closest looks. Amgen (AMGN)AMGN stock isn't beyond salvaging yet. But, it's taking on water. A little more downside could do the trick and put a self-sustaining selloff into motion. Click to Enlarge * The technical problem is most evident on the weekly chart. The lower boundary of the rising trading channel hasn't cleanly kept the uptrend intact. In fact, Wednesday's close was below that floor. * There are still two horizontal floors in place, both plotted in red on both stock charts. Each is a level at which AMGN stock has made key lows since October. * It's subtle, but the string of lower highs seen since the early December peak is the first time we've seen two lower lows since 2015. Citrix Systems (CTXS)Citrix Systems is a name that has been on our radar, and examined frequently, for the better part of the past few months. With our last look on April 4, a failed effort to break above a major ceiling was a major red flag that the bulls just aren't ready to roll.Since then, things have continued to deteriorate. CTXS stock remains below a minor support level, and a couple of major support lines are under attack. Click to Enlarge * One of those support lines is right around $98, plotted in green on the daily chart. That's where Citrix stock bottomed a couple of times since October. * Zooming out to the weekly chart, we can see the support line -- plotted in blue -- that has tagged both major lows since early 2016 is also under pressure. * The lower edge of the converging wedge pattern marked by yellow lines on both stock charts hasn't been able to keep CTXS stock propped up since March. Goldman Sachs Group (GS)GS stock hasn't made any major net progress since January's surge. But, it has been working on a breakout thrust that's almost ready to launch. One or two more good days could do the trick, and the backdrop is already as encouraging as it needs to be. Click to Enlarge * The make-or-break level in question is right around $208, where the white 200-day moving average line currently lies, and where the resistance line that tags the prior three major highs also awaits. That line is plotted in yellow on both stock charts. * Zooming out to the weekly timeframe we can see the past four slightly bullish weeks have been on decent -- and growing -- volume.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 3 Big Stock Charts for Thursday: Citrix Systems, Goldman Sachs Group and Amgen appeared first on InvestorPlace.
- Zacks•6 days ago
Earnings Preview: Citrix Systems (CTXS) Q1 Earnings Expected to Decline
Citrix (CTXS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Business Wire•7 days ago
Ravensdown Enables Smarter Farming with Citrix and Inde Technology
From phones and cars to homes and networks, everything is smart - even farming, thanks to Ravensdown. The New Zealand farmer-owned cooperative is enabling a smarter way to farm by providing its owners – who produce food that feeds 20 million people around the world – with innovative products, expertise and technology that minimize environmental impacts and allow them to optimise value from their land. “Technology is an important part of enabling smarter farming, and improving customer experience,” said Mark McAtamney, CIO of Ravensdown.
- Business Wire•11 days ago
Citrix Systems to Announce First Quarter 2019 Financial Results on Wednesday, April 24
Citrix Systems, Inc. (CTXS), today announced that it plans to report financial results for the first quarter ended March 31, 2019 on Wednesday, April 24, 2019 after market close. A conference call will begin at 4:45 p.m. ET to address questions.
- American City Business Journals•13 days ago
FireEye joins major Bay Area employers like Facebook, Netflix, Google, Microsoft and Salesforce in paying a typical worker more than $150,000 per year
A small handful of the Bay Area's largest tech employers, including Facebook, Palo Alto Networks, Splunk and Broadcom, pay their median employee above $200,000 per year.
- Business Wire•14 days ago
Citrix Delivers Next-Generation Networking Solutions on Google Cloud Platform
The company today announced that it will make Citrix® SD-WAN and Citrix ADC available on Google Cloud Platform (GCP). The news came during Google Cloud Next ’19 taking place at the Moscone Center in San Francisco this week. “Application performance and delivery and is all about experience and choice,” said Tim Minahan, Executive Vice President of Strategy and Chief Marketing Officer, Citrix.
- Markit•14 days ago
See what the IHS Markit Score report has to say about Citrix Systems Inc.
Citrix Systems Inc NASDAQ/NGS:CTXSView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate Bearish sentimentShort interest | NeutralShort interest is moderate for CTXS with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding CTXS is favorable, with net inflows of $25.99 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Moody's•19 days ago
Citrix Systems, Inc. -- Moody's announces completion of a periodic review of ratings of Citrix Systems, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Citrix Systems, Inc. New York, April 04, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Citrix Systems, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- InvestorPlace•19 days ago
3 Big Stock Charts for Thursday: Citrix Systems, Invesco and HollyFrontier
It was touch and go for the better part of yesterday's action, as investors grappled with the prospect -- but not the certainty -- of an amicable end to the tariff war with China but the beginning of one with Mexico. The S&P 500 managed to end the day up 0.21%, but it was an ugly win, with most of the intraday gain being given back and the shape of the bar suggesting it could have been a pivot back into a pullback.Advanced Micro Devices (NASDAQ:AMD) led the way with more than an 8% gain following whispers that demand for its new 7 nanometer processors was strong, though a broad rise in tech stocks stemming from encouraging trade news boosted that tailwind.At the other end of the spectrum, GameStop (NYSE:GME) lost nearly 5% of its value after Bank of America Merrill Lynch analyst Curtis Nagle predicted "another tough year" for the video game retailer. The ongoing growth of cloud-based gaming is, Nagle believes, an ongoing threat to the brick-and-mortar game business.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNeither name is a particularly great trading prospect today, however. Rather, the stock charts of less-volatile HollyFrontier (NYSE:HFC), Citrix Systems (NASDAQ:CTXS) and Invesco (NYSE:IVZ) are shaping up as your best, more predictable bets. Here's why. Invesco (IVZ)In mid-March Invesco confirmed it was back in a new uptrend, snapping out of a bearish funk thanks to a completed upside-down head-and-shoulders pattern that carried IVZ above a long-standing (and falling) resistance line. * The Elite 8 Stocks to Buy for Massive Outperformance Shares started to peel back the very next day. But, over the course of the past week and a half the bigger-picture uptrend has been renewed, and is now even stronger and more convincing than it was before. Click to Enlarge • The convincing clue is the way IVZ found support at the intermediate-term support line, plotted in red, in late March. That reversal is highlighted on the daily chart.• We've also now seen two higher highs and higher lows since Invesco worked its way above the long-term ceiling that had been guiding it lower since March of last year. That resistance is plotted with yellow dashed line on both stock charts.• Should this rebound effort continue to gain traction, the first real test is the $24.20 area, where the 38.2% Fibonacci retracement line awaits. Those Fib lines are the horizontal lines marked on the weekly chart. HollyFrontier (HFC)Most oil names were down on Wednesday, in step with a pullback from crude oil prices. HollyFrontier was no exception to that weakness.But, unlike most of its oil and gas peers, HFC stock has been fighting a losing battle since February, and really, since May. The stock's one bad day away from sliding into an even more serious freefall, against a backdrop of multiple warnings. Click to Enlarge • The last line in the sand is currently at $48.60, plotted in red on both stock charts. That floor has tagged all the major lows going back to early 2018.• At the same time, HollyFrontier shares have been guided lower by falling resistance line plotted in yellow on both stock charts.• It's difficult to tell, until one sees the Chaikin line on the weekly chart. With its recent cross back under the zero level, it can be said there's more bearish volume than not behind the bearish leg now underway. Citrix Systems (CTXS)In early March we pointed out Citrix Systems shares looked like they had made a major bottom. While they were just coming off a sizable loss, a familiar floor once again acted as support and suggested CTXS stock was still range-bound. That hint was on-target. Citrix stopped losing ground that day.That result may have only postponed an inevitable showdown between the bulls and the bears though. After yesterday's action, that battle may have just started, with the bulls winning the first round by default. Click to Enlarge • Citrix Systems may have logged a healthy 2.35% gain on Wednesday, but that close of $102.48 was well off the high after a brush of the white 200-day moving average line repelled the buying effort.• As the weekly chart indicates, a huge support line plotted in blue that touches all the key lows going back to early 2016 is still intact, but now under serious, sustained pressure.• Simultaneously, there's a horizontal floor at $98, plotted in green, that is still a factor.• Although yesterday's high-volume surge and partial pullback didn't shake the stock out of a trading range, it's a session that may force the bears and bulls to show their hands once and for all, and force a more prolonged move.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: A Close Race at the Front * 15 Stocks to Buy Leading the Financial Charge * 7 Stocks From Around the World That Beat U.S. Stocks Compare Brokers The post 3 Big Stock Charts for Thursday: Citrix Systems, Invesco and HollyFrontier appeared first on InvestorPlace.
- MarketWatch•20 days ago
Shares of Citrix Systems jump nearly 7% on report it hired Goldman for a potential sale
Shares of Citrix Systems Inc. were jumping Wednesday afternoon amid a report that said the cloud-computing company had hired Goldman Sachs potentially sell itself. The New York Post reported that billionaire investor Paul Singer asked that Citrix executives enlist the help of an investment to explore a possible sale of the company, citing unnamed sources. Shares of Citrix were up by about 6% in late-afternoon trade on Wednesday. The technology company has gained 2% so far in 2019, lagging substantially behind the broader market and the technology-laden Nasdaq index. The S&P 500 index, by comparison, is up 14% so far in 2019, the Dow Jones Industrial Average has climbed 12.5% over the same period, while the Nasdaq Composite Index has gained nearly 20% in the first four months of the year. According to the New York Post, Goldman's bankers are reaching out to suitors for Citrix that include private-equity firm Vista Equity Partners.
- Insider Monkey•20 days ago
Here’s What Hedge Funds Think About Citrix Systems, Inc. (CTXS)
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
- GlobeNewswire•29 days ago
Report: Exploring Fundamental Drivers Behind M.D.C., salesforce.com, inc, Citrix, Match Group, Sangamo Therapeutics, and Popular — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, March 25, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
- ACCESSWIRE•last month
Tech Stocks in the News You Should Know
HENDERSON, NV / ACCESSWIRE / March 21, 2019 / With tech off to a strong start in 2019, it's prudent to pay attention to the sector. Below are several tech companies announcing big news in the past few ...
- Investopedia•last month
9 High-Margin Stocks Seen Leading in Fed's New Dovish Era
Goldman Sachs expects the Fed;s newly dovish policy to lead to a gradual increase in inflation, favoring high-margin stocks with “pricing power.”
- PR Newswire•last month
Pareteum and Citrix Agree Mobile Workforce Global Cloud Strategy Deployment
NEW YORK, March 20, 2019 /PRNewswire/ -- Pareteum Corporation (TEUM), a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing)TM, today announced a new sales transaction with Citrix Systems, Inc. (CTXS). The agreement will see Citrix migrate employees to a cloud-based deployment of Pareteum's iPass SmartConnectTM solution, which has been fully integrated with Citrix's existing single sign-on solution to provide users with an enhanced security experience. Using the Pareteum solution on corporate-issued and BYOD devices, Citrix's mobile employees will be able to seamlessly and securely connect to millions of Wi-Fi hotspots globally, automatically transitioning back to cellular when Wi-Fi is not available.
- Business Wire•last month
Miami Marlins Reach for the Cloud with Citrix
While baseball was hibernating, the Miami Marlins were busy rethinking nearly every aspect of their operations. When they take to the field for their Home Opener March 28, they will deliver a world-class entertainment experience. ”We are continually looking for ways to drive efficiency and productivity," said Marlins President of Business Operations Chip Bowers.
- Market Realist•last month
Inside Cisco’s $57 Million Australia Investment Plan
How Network Systems Vendors Are Working to Drive GrowthExpanding Webex capacity in AustraliaCisco Systems (CSCO) recently disclosed plans to invest as much as $57 million in Australia as it seeks to grow its business in the country. The investment
- Business Wire•last month
Citrix Synergy 2019: Delivering the Future of Work
“Increasingly, competitiveness is being determined by how well companies can harness technology to innovate faster and drive new levels of employee engagement and productivity that improve the customer experience and business results,” said Tim Minahan, Executive Vice President, Business Strategy and Chief Marketing Officer, Citrix.
- The Wall Street Journal•last month
[$$] Cyber Daily: Information Security Chiefs Gain Stature; Citrix Attacked; U.K. Girds for Election Interference
Cyber Daily: Information Security Chiefs Gain Stature; Citrix Attacked; U.K. Girds for Election Interference
- InvestorPlace•last month
3 Big Stock Charts for Monday: Coca-Cola, Citrix Systems and Johnson Controls
Feeding off of Thursday's strong selling, Friday's bearishness may have been a little too zealous from the get-go. Before the closing bell rang, the bulls were back to testing the waters, whittling the day's loss down to only 0.21% for the S&P 500. The intraday rebound leaves stocks on unclear footing headed into Monday's trading.Kroger (NYSE:KR) was a key laggard. After losing 10% on Thursday after reporting disappointing fourth-quarter numbers and dishing out a lackluster full-year profit outlook, the sellers dug in again to leave of nearly 5% lower on Friday. National Beverage (NASDAQ:FIZZ) lost even more ground, however, falling 15% in response to earnings and a downgrade from Guggenheim, but perhaps also in response to some strange comments from CEO Nick Caporella.There were a handful of winners. Funko (NASDAQ:FNKO) popped more than 11%, snapping a four-day losing streak, fueled by the potential of a new children's book series. There just weren't enough Funko's to drag the broad market out of the red.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs Monday's trading action gets going, stock charts of Johnson Controls (NYSE:JCI), Citrix Systems (NASDAQ:CTXS) and Coca-Cola (NYSE:KO) are the names that should be on traders' radars. Here's why, and what to look for. Coca-Cola (KO)The big bearish gap Coca-Cola shares left behind last month may be aching to be filled in, but there's no particular timeframe the market has in mind when it makes a point of filling in those gaps. It happens when it happens\\. * 5 Airline Stocks In Serious Trouble And, with that as the backdrop, one more bearish day could drag Coca-Cola shares under a pivotal support level that could easily incite another wave of selling. Click to Enlarge • The support line in question is around $44.40, where KO has made a low several times since August if last year. It's plotted in blue on the daily chart.• Zooming out to the weekly chart of KO, we can see much more basis for the current retreat. Though the stock tried to buck the trend in February, the parallel support and resistance lines that prodded last year's advance and the pullback since November have been in place since 2013.• If the floor around $44.40 fails to hold up, the pattern says Coca-Cola stock could slide all the way back to the longer-term floor around $42.20. Johnson Controls (JCI)With nothing more than a quick glance, Johnson Controls looks like a decent long bet. It pushed its way back above its 200-day moving average line last month, and though last week it looked like it might fall back under it, the bulls stepped up to the plate on Thursday and Friday when most other stocks were getting thumped.When one takes a step back, however, it becomes clear that JCI shares still have a massive hurdle to clear. Crawling above it could be a huge bullish catalysts, but doing so would have to break a long-standing pattern. Click to Enlarge • The 200-day moving average line is plotted in white on both stock charts. That line served as a ceiling late last year, but failed to hold the rally back last month.• Although they're not perfect, Johnson Controls shares have been guided lower since early 2017 by a falling set of support and resistance lines, plotted in yellow.• Ironically, the worst thing that could happen here is a decisive one-day breakout thrust that only invites profit-taking thereafter. The more sustainable advance out of the channel would be slow and calculated. Citrix Systems (CTXS)Near the middle of last month we cautioned that Citrix Systems shares were stuck in a narrowing range, but struggling to move higher even within that range. Most of its moving average lines had started to keep rally efforts in check.Nothing really changed in the meantime. Though it took some time for the grandmother of all moving averages to get full bearish traction, that finally happened last week, in spades. Though we may see a bounce effort today, some major damage has been done. One more rough day could push CTXS over the edge. Click to Enlarge• With Friday's good-sized loss, Citrix has broken below the lower edge of a converging wedge pattern that has contained the stock since the middle of last year.• Bolstering the bearish case is repeated resistance at the white 200-day moving average line, most evident on the daily chart. After so many failed attempted to clear it, the bulls finally gave in.• The bounce from Friday's low is noteworthy, as it matched the low made in October. The bulls may have drawn a line in the sand there. If that support, plotted in green, is broken though, there's nothing else to keep shares propped up.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks Already Rewarding Shareholders In 2019 * The 10 Best-Performing ETFs This Year * 7 Stocks That Should Be Worried About a Data Dividend Compare Brokers The post 3 Big Stock Charts for Monday: Coca-Cola, Citrix Systems and Johnson Controls appeared first on InvestorPlace.
- Reuters•2 months ago
Citrix Systems says hackers gained access to its internal network
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. Citrix ...
