Citrix Systems, Inc. (NASDAQ:CTXS) fell -3.19% during previous trade. Robert W. Baird issued rating on the stock of Citrix Systems, Inc. (NASDAQ:CTXS) in a research note issued to investors on Apr-27-17, the stock received “Upgrade” rating from Neutral to Outperform from $85 to $90. Additionally Berenberg issued their verdict on the stock of the company, on record date of Apr-04-17 the stock was “Initiated” from as Buy at $97 besides that on Mar-15-1 7Citrix Systems, Inc. (NASDAQ:CTXS) was “Downgraded” by BofA/Merrill from Buy to Neutral. Furthermore on Feb-28-17 the stock was “Downgraded” by Robert W. Baird from Outperform to Neutral from $100 to $85.
Citrix Systems, Inc. (NASDAQ:CTXS) shares ended last trading session at the price of $81.44 whereas a number of traders indicating mean target price will hit $85.15 over the next twelve months, mean value of price target most recently revised on 04/20/17. Citrix Systems, Inc. (NASDAQ:CTXS)’s highest estimates of price target are $105 and low forecast is $62 based on the opinion of 20 analysts. The price target estimates represents a standard deviation of 8.78. However brokerage recommendations suggests an ABR of 2.84 based on calls of 14 experts, where 3 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 8 suggest Hold, 2 are rating the stock as Sell while 1 as Strong Sell.
Citrix Systems, Inc. (NASDAQ:CTXS) is expected to release the earnings of its current quarter on 7/25/17. The company is expected to release $0.95 EPS for current quarter according to 20 analysts whereas the company reported $1.18 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.93 and high estimate of $1.07. For the current year Citrix Systems, Inc. (NASDAQ:CTXS) has set to release EPS of $4.65 as per the sentiments of 23 analysts, however according to 23 analysts, the company expected to release $5.07 EPS for next year.
Citrix Systems, Inc. (NASDAQ:CTXS)’s average revenue estimates for the current quarter are $664.42M according to 19 number of analysts. However its lowest revenue estimates are $657.8M and highest revenue estimates are $712.2M. A year ago the company’s sales were $825.68M. Its yearly sales growth estimates are -19.50%. For the next quarter the company has anticipated average revenues of $695.2M, according to the sentiments of 19 analysts. For the current year the company has fixed $2.83B revenues, as per the opinion of 23 analysts. For the current year the company has low revenue estimates of $2.81B in contradiction of high revenue estimates of $2.87B. Whereas for the next year revenues are set at $2.95B by 23 analysts.
The stock exchanged hands 3.70M shares versus average trading capacity of 1.57M shares, while its shares’ total market worth is $12.74B along with 156.30M outstanding shares. Citrix Systems, Inc. (NASDAQ:CTXS) shares were trading -7.44% below from the 52-week high price mark of $87.99 and +34.13% above from the 52-week price bottom of $60.72. However the company observed 52 week high price on 03/13/17 and witnessed 52 week low price on 06/27/16. The company’s price sits -0.73% below from its 50-day moving average of $83.93 and 11.73% far from the stock’s 200-day moving average which is $74.97. Citrix Systems, Inc. (NASDAQ:CTXS)’s price to sales ratio for trailing twelve month stands at 3.71, whereas its price to book ratio for most recent quarter sits at 4.87. However the company’s price to cash per share for most recent quarter stands at 7.52. Its price to free cash flow for trailing twelve months is 13.26.