|Bid||107.72 x 1200|
|Ask||112.47 x 800|
|Day's Range||109.74 - 111.01|
|52 Week Range||83.70 - 116.82|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||130.02|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||1.40 (1.27%)|
|1y Target Est||113.88|
Citrix Systems, Inc. (CTXS) today announced the election of Thomas Hogan to its board of directors, effective immediately. “We are fortunate to have Tom join the Citrix board,” said David Henshall, chief executive officer for Citrix. “Tom brings extensive executive management experience in sales, marketing, strategy, operations, and general and executive management.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Recently, Citrix Systems, Inc. (NASDAQ:CTXS) has started Read More...
When it comes to solutions that enable people to work anywhere, anytime using any device, Citrix Systems, Inc. (CTXS) is recognized as a leader in providing them. In 2018, the company was recognized as a leader in all of the technologies required to create intelligent, digital workspaces that enable employees to work in a flexible, intelligent and secure way that unlocks innovation, engages customers, and moves their business forward.
Is Citrix Systems, Inc. (NASDAQ:CTXS) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]
NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
While SpaceX aims for its next launch, another rocket company aims for ways to get rockets to sky much faster.
The commercial space industry is hot, and if Vector has its way, it is going to get even hotter. With the help of Citrix Systems, Inc. (CTXS), Vector is pioneering a next-generation platform to provide affordable access to the Final Frontier and an efficient, intelligent way for entrepreneurs to collaborate and bring their innovations to life. “We want to give a blank canvas to the artists of the mind who will develop new use cases that create value in society,” says Jim Cantrell, CEO, Vector.
The $200 million is part of Citrix's strategy to become “the preferred way to work for 1 billion people worldwide."
Citrix Systems, Inc. (CTXS) today announced that it has been ranked as a leader in Unified Endpoint Management solutions by independent research firm Forrester Research, Inc. in a report titled “The Forrester Wave™: Unified Endpoint Management, Q4 2018, The 12 Providers that Matter Most and How They Stack Up.” (The Forrester Wave™: Unified Endpoint Management, Q4 2018, Forrester Research, Inc., November 2018). Designed to assess the current state of the market for unified endpoint management solutions, the report evaluated 12 providers using 28 criteria within the categories of current offering, strategy and market presence.
Autodesk (ADSK) and Citrix (CTXS) are two companies that built on their traditional core business but reinvented themselves by dramatically changing their business operations into a software subscription service model that is based on the cloud computing platform. Both companies built on their existing customer base and extended the array of services provided in a hybrid computing environment. The change in their business strategies allowed each company to pursue new markets that have contributed to significant increase it shares prices.
Shares of Palo Alto Networks Inc. are up 3.1% in Tuesday morning trading after Morgan Stanley analyst Keith Weiss penned a bullish note on the cybersecurity company. "At ~11 enterprise value to calendar 2019 free cash flow, Palo Alto Network represents the best-priced FCF growth within our software coverage group, trading at a discount to low-growth software (Oracle Corp. , Citrix Systems Inc. , Nuance Communications Inc. ) at 13 times and network security peers (Check Point Software Technologies Ltd. , Fortinet Inc. ) at 16 times," he wrote. "While the recent management transition does hold risks, we see room for the multiple (as well as estimates) to move higher" if investors give the company more credit for its potential to grow free-cash flow substantially. Weiss rates the stock at overweight with a $266 price target. Palo Alto Networks shares have slipped 13% over the past month, while the S&P 500 has dropped 3.7%.
Microsoft (MSFT) recently acquired FSLogix in a bid to enhance Office 365 suite with advanced desktop virtualization capabilities, particularly faster load times.
Nearly $600 million in funding and two acquisitions topped Bay Area venture news at the end of the week. Here are the details.
Citrix Systems, Inc. (CTXS) today announced that executives will attend four upcoming investor conferences. David Henshall, president and chief executive officer, will present at the Credit Suisse Technology, Media & Telecom Conference in Scottsdale on November 28 at 12:30 p.m. Eastern. Drew Del Matto, executive vice president and chief financial officer, will present at the Raymond James Technology Investors Conference in New York on December 3 at 1:50 p.m. Eastern.
As large organizations grapple with adopting modern work practices without throwing out all of their legacy software, a company that works with them is making an acquisition that it hopes will help with that process. Citrix today is announcing that it has acquired Sapho, a startup that develops "micro apps" for legacy software so that workers could use then as they would more modern applications: in the cloud, on mobile and more. It's a good return: Sapho had raised just under $28 million since 2014 from investors that included AME Cloud Ventures, Louie Alsop, Felicis Ventures and more. Including co-founders Fouad ElNaggar and Peter Yared, the whole team of 90 employees, based mainly in the Bay Area and a development office in Prague, will be joining Citrix.
Wouldn’t it be great if the list of things you need to focus on at work throughout the day along with the insights you need to get them done automatically popped up on your phone, tablet or PC so you didn’t have to sift through your inbox, search your calendar or go six clicks deep into an enterprise application to execute a simple task? Citrix Systems, Inc. (CTXS) thinks so, and is enhancing its digital workspace solutions to make this vision a reality. The company today announced that it has acquired Sapho, a leading micro app platform which it will use to enhance the guided work capabilities within Citrix® Workspace™, enabling people to work with even greater speed, intelligence and simplicity.