CTXS stock: buy or sell?

CTXS stock price: $147.14 4.11% At close on April 6th, 2020

Updated on:
April 6th, 2020

5

Shares of Citrix Systems ended today at $147.14 after marking a new all time high ($148.00) and climbed an extraordinary 4.11%. On Mar/26 CTXS boosted an astounding 8.09%.

Citrix Systems, Inc. delivers solutions to secure and access applications worldwide. The company offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients.

Should I buy CTXS stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups work for Citrix Systems stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Citrix Systems stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for CTXS stock for the last month.

CTXS stock analysis

Daily outlook

Citrix Systems shares climbed 4.11% today and touched a new all time high at $148.00.

After several days of continuous hikes in past weeks, Citrix Systems climbed 4.11% to $147.14. On Mar 2nd CTXS price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. From a daily perspective, CTXS is in a short term uptrend after plotting its last bottom ($114.57, on March 23rd) higher than the previous bottom, and its last top ($146.40, on Tuesday) also over the previous top. Now trading in between its last bottom and last top CTXS might consolidate in a plain range, waiting to break out over $146.40 or down under $114.57. Since SMA100d and SMA200d crossed up on November, CTXS price climbed $34.62 per share (30.77%).

CTXS stock chart (daily)

Weekly outlook

Shares of Citrix Systems ended this week at $147.14 after marking a new all time high ($148.00) and soared a very good 4.11%. Late March CTXS skyrocketed a dazzling 14.79% in just one week. Late February CTXS plummed a scary -12.27% in just one week. This week was the fourth green week in a row.

Since price and SMA40w lines crossed up early March, CTXS climbed $44.08 (42.77%). By mid November 2019, SMA20w and SMA40w crossed up triggering a rise of 31.52%.

CTXS stock chart (weekly)

CTXS stock price history

CTXS IPO was on December 8th, 1995 at $1.69 per share1. Since then, CTXS stock grew a 8,606.50%, with a yearly average of 358.60%. If you had invested right after CTXS's IPO a $1,000 in CTXS stock in 1995, it would worth $86,065.00 today.

1: Adjusted price after possible price splits or reverse-splits.

CTXS stock historical price chart

CTXS stock reached all-time highs today with a price of $148.00.

CTXS stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for Citrix Systems stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Citrix Systems posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
CTXS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.71n/a
2017-Q32017-10-251.041.2217.3%
2017-Q42018-01-311.611.663.1%
2018-Q12018-04-250.851.1434.1%
2018-Q22018-07-250.970.96-1.0%
2018-Q32018-10-240.961.048.3%
2018-Q42019-01-231.241.337.3%
2019-Q12019-04-231.18n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a nice gain of 5.28% to $2,973.90 million dollars. When comparing 2018 vs 2017, slightly better, profit margin (that is, the net income divided by revenues) boosted a 20.09% to 19.36%.

To have an up to date view of the financial situation of Citrix Systems, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Citrix Systems TTM sales up to March 2019 were $2,995.85 and income was $541.76 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Citrix Systems business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, remained steady a slightly fine 0.74%. Regarding profit margin, Citrix Systems decreased -1.27% to 19.36%

CTXS annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,920 M-$340 M11.6%-
2014$3,143 M7.63%$252 M8.0%-25.86%
2015$3,276 M4.22%$319 M9.7%26.87%
2016$3,418 M4.36%$536 M15.7%67.87%
2017$2,825 M-17.36%$-20.72 M-0.7%-103.86%
2018$2,974 M5.28%$576 M19.4%-2,878.45%
TTM $2,996 M0.74%$542 M18.1%-5.89%

Quarterly financial results

Citrix Systems reported $719.14 M in sales for 2019-Q1, a -10.32% decline compared to previous quarter. Reported quarter income marked $110.35 million with a profit margin of 15.34%. Profit margin dropped a -5.32% compared to previous quarter when profit margin was 20.67%. When comparing turnover to same quarter last year, Citrix Systems sales marked a fine increase and gained a 3.15%.
CTXS quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$693 M-$109 M15.7%-
2017-Q3$691 M-0.33%$127 M18.3%16.44%
2017-Q4$778 M12.58%$-284 M-36.5%-324.03%
2018-Q1$697 M-10.37%$144 M20.7%-150.82%
2018-Q2$742 M6.48%$107 M14.4%-25.94%
2018-Q3$732 M-1.33%$159 M21.7%48.70%
2018-Q4$802 M9.47%$166 M20.7%4.32%
2019-Q1$719 M-10.32%$110 M15.3%-33.41%

Citrix Systems ownership

When you are planning to invest in a stock, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Citrix Systems, 0.97% of all outstanding shares are owned by its staff.

Bearish positions for CTXS stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Citrix Systems:

CTXS
Market cap$19.2 B
Total shares130.2 M
Float shares121.5 M
  - Institutional holdings (%)102.7%
  - Insider holdings (%)1.0%
Shares in short selling0.0%

CTXS summary

Monday, April 6th, 2020
Open$142.69
Close$147.14
Day range$136.31 - $148.00
Previous close$141.33
Session gain4.11%
Average true range$10.84
50d mov avg$121.80
100d mov avg$117.24
200d mov avg$107.25
Daily patternlt06a
Weekly pattern

Citrix Systems performance

To better understand Citrix Systems performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Citrix Systems performance to :
Stock3m6m12m
CTXSCitrix Systems29.78%50.76%45.87%

Citrix Systems competitors

Unfortunately, we could not find any public company that could be defined as Citrix Systems competitor. This doesn't mean Citrix Systems does not have any competitor in the market, it's just we could not detected it.

    Latest CTXS stock news