|Bid||74.89 x 1300|
|Ask||87.20 x 200|
|Day's Range||80.96 - 81.94|
|52 Week Range||65.56 - 87.99|
|PE Ratio (TTM)||27.50|
|Earnings Date||Oct 25, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||85.11|
Citrix Systems, Inc. , today announced that it plans to report financial results for the first quarter ended September 30, 2017 on Wednesday, October 25, 2017 after market close.
With the third-quarter earnings season right around the corner, Barclays' Raimo Lenschow and Saket Kalia check in with software, writing that they expect healthy spending trends to continue. Of course, that spending has helped the group climb already this year, up an average of 28% since the start of 2017, roughly double the S&P 500's gain, and valuations have moved up as well.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CTXS. Over the last one-month, outflows of investor capital in ETFs holding CTXS totaled $7.02 billion.
Red Hat was trading at a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of ~21.78x on September 29, 2017.
As more details surface about Florida software firm Citrix’s layoff-heavy restructuring plans, its 400-job Raleigh expansion faces a major challenge. Records from the N.C. Department of Commerce show a wide hiring gap would need to be filled in order to secure the $5.7 million in incentives it had approved for Citrix. "As it relates to the [Jobs Development Investment Grant], Raleigh continues to be a strategic location for Citrix where we see long-term growth," said Citrix spokesman Eric Armstrong in an email Thursday.
Citrix Systems will take a financial hit of as much as $100 million in the next year amid restructuring efforts that include layoffs and consolidation of facilities as the Fort Lauderdale-based company turns its focus to cloud-based technology. A company spokesman declined to say how many employees will be terminated and where they are based “out of respect for those impacted," though corporate filings say Citrix expects to pay out between $55 million and $70 million in employee severance. The technology company has about 8,000 staffers in various cities, including Raleigh, North Carolina, where more than 600 employees are based.
Was Equifax Inc. (NYSE:EFX) ever on your radar before a few weeks ago? It wasn’t on mine until the credit reporting agency compromised more than 145 million Americans’ sensitive data. Equifax first became aware of the hacking on July 29.
Florida software firm Citrix released new details about its recent layoffs in a securities filing late Wednesday. According to the filing, Citrix expects to record between $60 million and $100 million in restructuring charges, including between $55 million and $70 million in employee severance and about $30 million related to the consolidation of leased facilities and other charges. Citrix expects to complete the majority of those activities during the fourth quarter of 2017 and during fiscal 2018.
Citrix Systems (CTXS) aims to revive through a restructuring program. Apart from doing away with some full-time positions, the program includes consolidation of facilities.
Citrix Systems Inc. late Wednesday announced a reorganization, including layoffs and what the company termed "facilities consolidation." Citrix said it expects $60 million to $100 million in ...
Florida software company Citrix (CTXS) has confirmed layoffs across its organization – though its representatives aren’t talking specifics for Raleigh. The ShareFile operation, which is based in Raleigh, is likewise “repositioning” for the enterprise market.
Maybe you’ve heard: The technology industry is flush with cash. The Business Journal pulled the Securities and Exchange Commission filings for the region’s public technology companies to find the 2016 compensation packages of the highest-paid executives. In all, 23 executives from seven publicly traded tech firms took home total individual compensation ranging from $546,424 to more than $25 million.
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Citrix Systems, Inc. a score of 66. Our analysis is based on comparing Citrix Systems, Inc. with the following peers – VMware, Inc. Class A, International Business Machines Corporation, Microsoft Corporation, Red Hat, Inc., Cisco Systems, Inc., HP Inc., CA, Inc., Oracle Corporation, Adobe Systems Incorporated and ... Read more (Read more...)
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Citrix Systems, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)
All the three major U.S. stock indexes opened at record highs on Monday, the first trading day of the fourth quarter, as investors bet on President Donald Trump's tax reform plan making some headway. Shares ...
Citrix Systems (CTXS) is making constant management changes, in a bid to revive itself. Increase in strong SaaS revenues are, however, boosting the company.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CTXS. Over the last one-month, outflows of investor capital in ETFs holding CTXS totaled $9.56 billion.
Citrix Systems, Inc. today announced that Mark J. Ferrer has been appointed executive vice president and chief revenue officer, reporting to Citrix president and CEO, David Henshall.
Citrix Systems, Inc. today announced the election of Dr. Ajei S. Gopal, president and chief executive officer for ANSYS, Inc., to its board of directors, effective immediately.
At the start of the year, it looked like BlackBerry Ltd (NASDAQ:BBRY) was finally getting traction with its turnaround efforts as the shares jumped from $7.10 to $11.39. BBRY blamed this on accounting issues with the Good Technology acquisition and a drop in professional services.