|Bid||123.25 x 800|
|Ask||123.27 x 900|
|Day's Range||121.84 - 123.54|
|52 Week Range||90.28 - 130.55|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||24.50|
|Earnings Date||Apr 21, 2020 - Apr 26, 2020|
|Forward Dividend & Yield||1.40 (1.15%)|
|Ex-Dividend Date||Mar 04, 2020|
|1y Target Est||124.73|
Today’s employees want to work on flexible schedules from remote locations using the applications and devices of their choice. But corporate systems and data must be secure. So what’s an IT organization to do? Innovators like Renasant Bank are tapping into solutions from Citrix Systems, Inc. (NASDAQ:CTXS) to create digital environments in which people can work when, where and how they want in a secure and reliable manner.
Employees today have more ways to connect and collaborate and flexibility and choice in the applications and devices they use to get work done than ever before. And according to Constellation Research, Citrix Systems, Inc. (NASDAQ:CTXS) is among the top platforms companies can use to unify everything they need to be productive into one seamless, intuitive experience. The company today announced that it has been named to the 2020 Constellation ShortList™ for Work Coordination Platforms, annual evaluation designed to help companies select the right technologies to drive their digital transformation goals.
When Citrix Systems, Inc. (NasdaqGS:CTXS) released its most recent earnings update (31 December 2019), I compared it...
In the past, work was measured in terms of hours and output. Today, it all comes down to value and innovation. In May, leading companies from around the world will gather for Citrix Synergy 2020, the premier digital work conference hosted by Citrix Systems (NASDAQ: CTXS), to rethink the work experience and learn how they can enable people to work smarter, not harder, and in doing so, drive greater productivity, higher employee engagement, and increased business agility. The event is set to take place at the Orange County Convention Center in Orlando May 19-21.
At issue in the case is whether subscriptions to online software products are subject to Massachusetts sales tax.
When it comes to growing a successful company, research shows it isn’t about getting the most out of employees, but delivering an experience that empowers them to be and do their best. And according to Priming a New Era of Digital Wellness, a new study conducted by Quartz Insights in partnership with Citrix Systems, Inc. (NASDAQ:CTXS), technology is the secret to doing so.
Shares of Citrix Systems Inc. gained 0.4% in premarket trading Friday, after the workspace networking company announced a $1 billion accelerated stock repurchase (ASR) program. That will leave $750 million left in its share repurchase authorization. Based on Thursday's stock closing price of $122.54, $1 billion could buy back about 8.16 million shares, or roughly 6.3% of the shares outstanding. "The ASR demonstrates a commitment to strong capital return for our shareholders and the future of Citrix," said Chief Executive David Henshall. The stock has rallied 19.5% over the past 12 months through Thursday, while the S&P 500 has climbed 21.4%.
Citrix Systems, Inc. (NASDAQ:CTXS) today announced that as part of its capital return program it has entered into accelerated share repurchase ("ASR") transactions with each of Goldman Sachs & Co. LLC and Wells Fargo Bank, National Association (each a "Dealer") to repurchase an aggregate of $1 billion of its common stock.
When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock that fits that bill is Citrix Systems, which had its Relative Strength (RS) Rating upgraded from 77 to 88 Friday. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
Citrix Systems, Paycom and STMicroelectronics gained, while Travelers weighed on the Dow Jones today and global markets traded lower on concerns over China.
Citrix Systems' (CTXS) fourth-quarter results benefit from solid adoption of unified workspace solutions amid decline in Professional Services revenues. However, shift toward subscription model weighs on margins.
Futures: After Wednesday's stock market rally pause, Texas Instruments, Teradyne, Citrix moved on earnings. PayPal and Paycom Software rose on other news.
Citrix Systems surged Thursday as analysts boosted their price targets on the software company's stock following a surge in fourth-quarter subscription revenue. Citrix Systems' stock price leaped 8.23% to $129.04 as analysts at Wedbush, Evercore ISI and Morgan Stanley boosted their price targets following a 49% surge in subscription revenue by the software company, which hit $193.5 million in the fourth quarter.
Citrix (CTXS) delivered earnings and revenue surprises of 3.01% and 1.24%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Citrix Systems Inc. shares rose 4% in after-hours trading Wednesday after the software company reported better-than-expected fourth-quarter earnings. Citrix reported net income of $207 million, or $1.56 share, compared with net income of $166 million, or $1.15 a share, in the year-ago period. Revenue grew 1% to $810 million from $802 million a year ago. Analysts surveyed by FactSet had expected $1.07 a share on revenue of $803 million. Citrix shares are up about 10% over the last 12 months. The S&P 500 index has gained about 26% the last year.
Citrix Systems, Inc. (NASDAQ:CTXS) today reported financial results for the fourth quarter and fiscal year ended December 31, 2019 by posting an earnings letter on its Investor Relations website at http://www.citrix.com/investors. Citrix will host a conference call today at 4:45 p.m. ET to address questions.
Investing.com - Citrix Systems (NASDAQ:CTXS) announced fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
Citrix Systems, Inc. (NASDAQ: CTXS) and FireEye Inc. (NASDAQ: FEYE) today announced the launch of a new tool for detection of compromise in connection with the previously announced CVE-2019-19781 vulnerability, which affects certain versions of Citrix Application Delivery Controller (ADC), Citrix Gateway, and two older versions of Citrix SD-WAN WANOP. This tool is freely accessible in both the Citrix and FireEye GitHub repositories.
The Zacks Analyst Blog Highlights: Citrix Systems, Southwest Airlines, Comcast, Travelers Companies and Intuitive Surgical