Citrix Systems Inc (NASDAQ:CTXS) shares traded 0.98% up during most recent session to reach at the closing price of $105.85. The stock exchanged hands 2.37 Million shares versus average trading capacity of 1.91 Million shares, yielding a market cap of $14.21 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $113.47 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Citrix Systems Inc (NASDAQ:CTXS) high price target of $135 and with a conservative view have low price target of $85.
Baird “Maintained” Citrix Systems Inc (NASDAQ:CTXS) in a research note issued to investors on 10/25/18 to Neutral with price target of $105.
Additionally on 10/25/18 Citigroup “Maintained” Citrix Systems Inc (NASDAQ:CTXS) to Buy setting price target at $124 and on 10/19/18 Wedbush “Initiates Coverage On” the stock to Neutral at $115. Furthermore on 9/07/18 Barclays “Maintained” the stock to Equal-Weight at $114.
On the other hand the company has Relative Strength Index (RSI 14) of 54.32 along with Average True Range (ATR 14) of 2.32, Consequently Citrix Systems Inc (NASDAQ:CTXS)’s weekly and monthly volatility is 1.49%, 2.21% respectively. The company’s beta value is at 1.2.
In terms of Buy, Sell or Hold recommendations, Citrix Systems Inc (NASDAQ:CTXS) has analysts’ mean recommendation of 2.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Citrix Systems Inc (NASDAQ:CTXS)’s minimum EPS for the current quarter is at $1.43 and can go high up to $1.66. The consensus mean EPS for the current quarter is at $1.59 derived from a total of 18 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.66 earnings per share for the same quarter during last year.
Previously Citrix Systems Inc (NASDAQ:CTXS) reported $1.4 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.15. The company posted an earnings surprise of 12%.
Citrix Systems Inc (NASDAQ:CTXS)’s revenue estimates for the current quarter are $791.84 Million according to 17 number of analysts, for the current quarter the company has high revenue estimates of $804 Million in contradiction of low revenue estimates of $786.8 Million. For the current year the company’s revenue estimates are $2.96 Billion compared to low analyst estimates of $2.96 Billion and high estimates of $2.98 Billion according to 18 number of analysts.
Currently Citrix Systems Inc (NASDAQ:CTXS)’s shares owned by insiders are 0.8%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -6.07%, as well as three-month change in the institutional ownership was recorded -2.36%.
Citrix Systems Inc (NASDAQ:CTXS)’s trailing twelve month revenues are $2.95 Billion, whereas its price to sales ratio for the same period is 4.82. Its book value per share for the most recent quarter is $5.58 while its price to book ratio for the same period is 18.97, as for as the company’s cash per share for the most recent quarter is $13.67, however its price to cash per share ratio for the same period is 7.75. The stock has 5 year expected PEG ratio of 2.57 whereas its trailing twelve month P/E ratio is 27.98.