CTXS stock: buy or sell?
April 6th, 2020
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:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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%).
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 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 targetNobody 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 ShareSince April, when Citrix Systems posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%
|2013||$2,920 M||-||$340 M11.6%||-|
|2014||$3,143 M||7.63%||$252 M8.0%||-25.86%|
|2015||$3,276 M||4.22%||$319 M9.7%||26.87%|
|2016||$3,418 M||4.36%||$536 M15.7%||67.87%|
|2017||$2,825 M||-17.36%||$-20.72 M-0.7%||-103.86%|
|2018||$2,974 M||5.28%||$576 M19.4%||-2,878.45%|
|TTM||$2,996 M||0.74%||$542 M18.1%||-5.89%|
Quarterly financial resultsCitrix 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%.
|2017-Q2||$693 M||-||$109 M15.7%||-|
|2017-Q3||$691 M||-0.33%||$127 M18.3%||16.44%|
|2017-Q4||$778 M||12.58%||$-284 M-36.5%||-324.03%|
|2018-Q1||$697 M||-10.37%||$144 M20.7%||-150.82%|
|2018-Q2||$742 M||6.48%||$107 M14.4%||-25.94%|
|2018-Q3||$732 M||-1.33%||$159 M21.7%||48.70%|
|2018-Q4||$802 M||9.47%||$166 M20.7%||4.32%|
|2019-Q1||$719 M||-10.32%||$110 M15.3%||-33.41%|
Citrix Systems ownershipWhen 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:
|Market cap||$19.2 B|
|Total shares||130.2 M|
|Float shares||121.5 M|
|- Institutional holdings (%)||102.7%|
|- Insider holdings (%)||1.0%|
|Shares in short selling||0.0%|
|Monday, April 6th, 2020|
|Day range||$136.31 - $148.00|
|Average true range||$10.84|
|50d mov avg||$121.80|
|100d mov avg||$117.24|
|200d mov avg||$107.25|
Citrix Systems performanceTo 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 :
Citrix Systems competitorsUnfortunately, 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
- InvestorPlace3 Big Stock Charts for Tuesday: NRG Energy, Citrix Systems and General ElectricMay 7, 2019
- InvestorPlace3 Big Stock Charts for Thursday: Citrix Systems, Goldman Sachs Group and AmgenApril 18, 2019
- InvestorPlace3 Big Stock Charts for Thursday: Citrix Systems, Invesco and HollyFrontierApril 4, 2019
- InvestorPlace3 Big Stock Charts for Monday: Coca-Cola, Citrix Systems and Johnson ControlsMarch 11, 2019
- InvestorPlace3 Big Stock Charts for Tuesday: Micron Technology, Citrix Systems and Vulcan MaterialsFebruary 12, 2019