View Financial HealthThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsCitrix Systems 配当と自社株買い配当金 基準チェック /06主要情報0%配当利回り0.7%バイバック利回り総株主利回り0.7%将来の配当利回り1.1%配当成長9.1%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新Upcoming Dividend • Nov 29Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (0.7%).Upcoming Dividend • Nov 29Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (0.7%).Upcoming Dividend • Sep 02Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 24 September 2021. Trailing yield: 1.4%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (0.7%).Upcoming Dividend • Jun 03Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 25 June 2021. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (3.4%). Higher than average of industry peers (1.0%).すべての更新を表示Recent updatesSeeking Alpha • Sep 22Citrix Systems planned sale to Elliott, Vista set to close next FridayCitrix Systems (NASDAQ:CTXS) sale to Elliott Investment Management and Vista Equity is scheduled to close on Sept. 30. The closing date was disclosed in an 8-K filing on Thursday. Citrix (CTXS) agreed in January to a $16.5 billion sale to Vista Equity and Elliott Management. Earlier this month Citrix said all regulatory approvals for its takeover have been received and that it expects the deal to close during the last week of the month. On Wednesday Bloomberg reported Elliott is said to have purchased about $1 billion of the junk-bond deal supporting its planned buyout of software company Citrix (CTXS).Seeking Alpha • Sep 07Citrix ticks higher on report banks said to start Citrix loan sale for its takeoverA group of banks are said to have started a $4.5 billion loan sale for the takeover of Citrix Systems (NASDAQ:CTXS). Citrix ticked up 0.3% in premarket trading. The deal is said to include a $4.05 billion loan and $500 million-equivalent euro loan, according to traders, who cited a Bloomberg report. Bloomberg in July reported that the $15 billion debt sale associated with Citrix's sale to Vista Equity and Elliott Management, had been delayed until after the U.S. Labor Day holiday due to volatile markets. M&A investors have been concerned in recent months on leveraged buyouts due to stock market volatility, especially after tech PE firm Thoma Bravo reduced its takeout price for Anaplan earlier this eyar. Citrix (CTXS) agreed in January to a $16.5 billion sale to Vista Equity and Elliott Management.Seeking Alpha • Aug 10Citrix Systems ticks higher on report about debt financing for take privateCitrix Systems (NASDAQ:CTXS) ticked up 0.5% after a report that Bank of America expects to starts talks Monday on efforts to sell parts of $15 billion in debt financing for a takeover of Citrix. The preliminary talks are likely to focus on the secured part of the financing ahead of official sales, which may start after Labor Day holiday early next month, according to a Bloomberg report. Banks are expected to keep some of the secured debt and about $4B of unsecured, according to the report. Bloomberg last month reported that the $15 billion debt sale associated with Citrix's sale to Vista Equity and Elliott Management, had been delayed until after the U.S. Labor Day holiday due to volatile markets.Major Estimate Revision • Aug 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$2.03 to US$2.78. Revenue forecast steady at US$3.32b. Net income forecast to grow 16% next year vs 4.6% growth forecast for Software industry in the US. Consensus price target reaffirmed at US$106. Share price was steady at US$102 over the past week.Reported Earnings • Jul 27Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: US$0.91 (up from US$0.51 in 2Q 2021). Revenue: US$859.5m (up 5.8% from 2Q 2021). Net income: US$115.5m (up 84% from 2Q 2021). Profit margin: 13% (up from 7.7% in 2Q 2021). Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 183%. Over the next year, revenue is forecast to grow 2.9%, compared to a 20% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Seeking Alpha • Jun 1796% IRR From Citrix In Arb's Golden AgeTime to put money to work. Merger arb spreads are wide. Here’s another you can buy today.Seeking Alpha • May 18Citrix To Integrate With Microsoft Windows 365Citrix announced that it would be partnering with Microsoft to bring its HDX compression and other technologies to a future version of the Microsoft Windows 365 Cloud PC offering. By integrating HDX into the cloud-delivered, software-as-a-service-based Windows 365 offering, Microsoft is essentially enabling a way to improve the quality of the user experience for Win365, even over potentially limited-speed connections. In addition to HDX, the partnership is expected to let organizations that already have a Citrix-based infrastructure leverage the Citrix client and get access to their existing Citrix environments.Reported Earnings • May 06First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: US$0.48 (down from US$0.73 in 1Q 2021). Revenue: US$825.3m (up 6.4% from 1Q 2021). Net income: US$60.2m (down 33% from 1Q 2021). Profit margin: 7.3% (down from 12% in 1Q 2021). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 3.0%, compared to a 36% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Seeking Alpha • Feb 07Merger Arbitrage Mondays: Citrix To Be Acquired By Vista And ElliottPotential Deal in the Works, Citrix Systems to be acquired by Vista and Elliott. Vista and Evergreen (an affiliate of Elliott) intend to combine Citrix and TIBCO Software, one of Vista’s portfolio companies. Cedar Fair (FUN) received an unsolicited non-binding proposal from SeaWorld Entertainment (SEAS) and Six Flags could be a potential bidder too.Major Estimate Revision • Feb 07Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$2.10 to US$1.40 per share. Revenue forecast steady at US$3.33b. Net income forecast to shrink 30% next year vs 9.4% growth forecast for Software industry in the US . Consensus price target up from US$97.99 to US$103. Share price fell 3.0% to US$102 over the past week.Reported Earnings • Feb 02Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: US$2.44 (down from US$4.08 in FY 2020). Revenue: US$3.22b (flat on FY 2020). Net income: US$307.5m (down 39% from FY 2020). Profit margin: 9.6% (down from 16% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Over the next year, revenue is forecast to grow 3.7%, compared to a 174% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$97.88, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 47x in the Software industry in the US. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at US$195 per share.Price Target Changed • Dec 17Price target decreased to US$101Down from US$110, the current price target is an average from 13 analysts. New target price is 19% above last closing price of US$84.72. Stock is down 35% over the past year. The company is forecast to post earnings per share of US$1.90 for next year compared to US$4.08 last year.Seeking Alpha • Dec 15Citrix: Scoop Up This Stock While The Market Is Looking The Other WayCitrix, a pandemic remote-work favorite, has fallen out of favor this year as growth has decelerated and sentiment for pandemic stocks has fallen. The company continues to emphasize its shift to SaaS, and organic SaaS ARR is up nearly 50% y/y. A new expanded partnership with Google Cloud also has the capability to jumpstart growth. Citrix has all the elements of a classic value stock, including a nearly ~2% yield.Upcoming Dividend • Nov 29Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (0.7%).Upcoming Dividend • Nov 29Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (0.7%).Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS US$0.41 (vs US$0.80 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$778.4m (up 1.5% from 3Q 2020). Net income: US$51.8m (down 47% from 3Q 2020). Profit margin: 6.7% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Executive Departure • Oct 12Independent Director Ajei Gopal has left the companyOn the 4th of October, Ajei Gopal's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Ajei's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.25 years.Executive Departure • Oct 12CEO, President & Director David Henshall has left the companyOn the 6th of October, David Henshall was replaced as CEO by Robert Calderoni after 4.2 years in the role. As of June 2021, David still personally held 361.78k shares (US$42m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.25 years. Under David's leadership, the company delivered a total shareholder return of 38%.Seeking Alpha • Sep 26Citrix Systems: Buy While It's DownShares of Citrix have fallen 15% year to date and 20% from peaks as enthusiasm for its remote workspace products has waned in the post-pandemic era. Recently, the company took down its full-year revenue guidance, always a lightning rod for negativity in the tech sector. The guidance cut, however, is due more to Citrix’s ongoing subscription transition than it is fundamental slowness. The company is revamping its go-to-market strategy to address the slowdown. Ongoing rumors of a potential sale will also put a floor on the share price.Upcoming Dividend • Sep 02Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 24 September 2021. Trailing yield: 1.4%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (0.7%).Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS US$0.50 (vs US$0.91 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$812.1m (up 1.6% from 2Q 2020). Net income: US$62.8m (down 44% from 2Q 2020). Profit margin: 7.7% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Price Target Changed • Jul 30Price target decreased to US$126Down from US$150, the current price target is an average from 11 analysts. New target price is 25% above last closing price of US$101. Stock is down 29% over the past year.Seeking Alpha • Jul 08Citrix Systems Has Dropped Enough, Time To Buy The DipShares of Citrix have plunged ~35% from all-time highs due to fading pandemic tailwinds. The company has acquired workflow tool Asana to broaden its product portfolio and bolster growth, putting it in competition with Asana. Citrix is transitioning into a subscription/recurring business, and even without Wrike's contribution, the company is seeing mid-teens ARR growth. The company looks reasonably valued at ~17x next year's EPS.Executive Departure • Jun 09Independent Director Robert Daleo has left the companyOn the 4th of June, Robert Daleo's tenure as Independent Director ended after 8.1 years in the role. As of March 2021, Robert still personally held only 181.00 shares (US$25k worth at the time). Robert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.67 years.Upcoming Dividend • Jun 03Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 25 June 2021. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (3.4%). Higher than average of industry peers (1.0%).Reported Earnings • May 03First quarter 2021 earnings released: EPS US$0.71 (vs US$1.45 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$775.8m (down 9.9% from 1Q 2020). Net income: US$90.0m (down 50% from 1Q 2020). Profit margin: 12% (down from 21% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Apr 30Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from US$4.12 to US$3.54 per share. Revenue forecast steady at US$3.36b. Net income forecast to grow 1.7% next year vs 2.9% decline forecast for Software industry in the US. Consensus price target down from US$165 to US$159. Share price fell 8.8% to US$128 over the past week.Reported Earnings • Feb 10Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$3.24b (up 7.5% from FY 2019). Net income: US$504.4m (down 26% from FY 2019). Profit margin: 16% (down from 23% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Feb 10Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 2.9%, compared to a 19% growth forecast for the Software industry in the US.Recent Insider Transactions • Feb 04Executive VP & CFO recently sold US$90k worth of stockOn the 1st of February, Arlen Shenkman sold around 673 shares on-market at roughly US$133 per share. This was the largest sale by an insider in the last 3 months. This was Arlen's only on-market trade for the last 12 months.Is New 90 Day High Low • Jan 27New 90-day high: US$139The company is up 21% from its price of US$115 on 28 October 2020. The American market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$223 per share.Analyst Estimate Surprise Post Earnings • Jan 23Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 3.8%, compared to a 17% growth forecast for the Software industry in the US.Reported Earnings • Jan 20Full year 2020 earnings released: EPS US$4.00The company reported a soft full year result with weaker earnings and profit margins, although revenues were improved. Full year 2020 results: Revenue: US$3.24b (up 7.5% from FY 2019). Net income: US$504.4m (down 26% from FY 2019). Profit margin: 16% (down from 23% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 02Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$599.5m, down 6.5% from the prior year. Total revenue was US$3.24b over the last 12 months, up 7.8% from the prior year.Analyst Estimate Surprise Post Earnings • Nov 02Third-quarter earnings released: Revenue and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 1.1% at US$767.2m. Earnings per share (EPS) also surpassed analyst estimates by 21% at US$0.78. Revenue is forecast to grow 1.9% over the next year, compared to a 17% growth forecast for the Software industry in the US.Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$599.5m, down 6.5% from the prior year. Total revenue was US$3.24b over the last 12 months, up 7.8% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 25Third-quarter earnings released: Revenue and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 1.1% at US$767.2m. Earnings per share (EPS) also surpassed analyst estimates by 21% at US$0.78. Revenue is forecast to grow 1.8% over the next year, compared to a 17% growth forecast for the Software industry in the US.Is New 90 Day High Low • Oct 23New 90-day low: US$127The company is down 11% from its price of US$142 on 24 July 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$168 per share.決済の安定と成長配当データの取得安定した配当: CTXSの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: CTXSの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Citrix Systems 配当利回り対市場CTXS 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (CTXS)0%市場下位25% (US)1.4%市場トップ25% (US)4.2%業界平均 (Software)0.9%アナリスト予想 (CTXS) (最長3年)1.1%注目すべき配当: CTXSは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: CTXSは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: CTXS US市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: CTXSが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YUS 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/10/01 10:51終値2022/09/30 00:00収益2022/06/30年間収益2021/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Citrix Systems, Inc. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。45 アナリスト機関Adam ShepherdArete Research Services LLPRobert OliverBairdIsrael HernandezBarclays42 その他のアナリストを表示
Upcoming Dividend • Nov 29Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (0.7%).
Upcoming Dividend • Nov 29Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (0.7%).
Upcoming Dividend • Sep 02Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 24 September 2021. Trailing yield: 1.4%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (0.7%).
Upcoming Dividend • Jun 03Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 25 June 2021. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (3.4%). Higher than average of industry peers (1.0%).
Seeking Alpha • Sep 22Citrix Systems planned sale to Elliott, Vista set to close next FridayCitrix Systems (NASDAQ:CTXS) sale to Elliott Investment Management and Vista Equity is scheduled to close on Sept. 30. The closing date was disclosed in an 8-K filing on Thursday. Citrix (CTXS) agreed in January to a $16.5 billion sale to Vista Equity and Elliott Management. Earlier this month Citrix said all regulatory approvals for its takeover have been received and that it expects the deal to close during the last week of the month. On Wednesday Bloomberg reported Elliott is said to have purchased about $1 billion of the junk-bond deal supporting its planned buyout of software company Citrix (CTXS).
Seeking Alpha • Sep 07Citrix ticks higher on report banks said to start Citrix loan sale for its takeoverA group of banks are said to have started a $4.5 billion loan sale for the takeover of Citrix Systems (NASDAQ:CTXS). Citrix ticked up 0.3% in premarket trading. The deal is said to include a $4.05 billion loan and $500 million-equivalent euro loan, according to traders, who cited a Bloomberg report. Bloomberg in July reported that the $15 billion debt sale associated with Citrix's sale to Vista Equity and Elliott Management, had been delayed until after the U.S. Labor Day holiday due to volatile markets. M&A investors have been concerned in recent months on leveraged buyouts due to stock market volatility, especially after tech PE firm Thoma Bravo reduced its takeout price for Anaplan earlier this eyar. Citrix (CTXS) agreed in January to a $16.5 billion sale to Vista Equity and Elliott Management.
Seeking Alpha • Aug 10Citrix Systems ticks higher on report about debt financing for take privateCitrix Systems (NASDAQ:CTXS) ticked up 0.5% after a report that Bank of America expects to starts talks Monday on efforts to sell parts of $15 billion in debt financing for a takeover of Citrix. The preliminary talks are likely to focus on the secured part of the financing ahead of official sales, which may start after Labor Day holiday early next month, according to a Bloomberg report. Banks are expected to keep some of the secured debt and about $4B of unsecured, according to the report. Bloomberg last month reported that the $15 billion debt sale associated with Citrix's sale to Vista Equity and Elliott Management, had been delayed until after the U.S. Labor Day holiday due to volatile markets.
Major Estimate Revision • Aug 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$2.03 to US$2.78. Revenue forecast steady at US$3.32b. Net income forecast to grow 16% next year vs 4.6% growth forecast for Software industry in the US. Consensus price target reaffirmed at US$106. Share price was steady at US$102 over the past week.
Reported Earnings • Jul 27Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: US$0.91 (up from US$0.51 in 2Q 2021). Revenue: US$859.5m (up 5.8% from 2Q 2021). Net income: US$115.5m (up 84% from 2Q 2021). Profit margin: 13% (up from 7.7% in 2Q 2021). Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 183%. Over the next year, revenue is forecast to grow 2.9%, compared to a 20% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Seeking Alpha • Jun 1796% IRR From Citrix In Arb's Golden AgeTime to put money to work. Merger arb spreads are wide. Here’s another you can buy today.
Seeking Alpha • May 18Citrix To Integrate With Microsoft Windows 365Citrix announced that it would be partnering with Microsoft to bring its HDX compression and other technologies to a future version of the Microsoft Windows 365 Cloud PC offering. By integrating HDX into the cloud-delivered, software-as-a-service-based Windows 365 offering, Microsoft is essentially enabling a way to improve the quality of the user experience for Win365, even over potentially limited-speed connections. In addition to HDX, the partnership is expected to let organizations that already have a Citrix-based infrastructure leverage the Citrix client and get access to their existing Citrix environments.
Reported Earnings • May 06First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: US$0.48 (down from US$0.73 in 1Q 2021). Revenue: US$825.3m (up 6.4% from 1Q 2021). Net income: US$60.2m (down 33% from 1Q 2021). Profit margin: 7.3% (down from 12% in 1Q 2021). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 3.0%, compared to a 36% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Seeking Alpha • Feb 07Merger Arbitrage Mondays: Citrix To Be Acquired By Vista And ElliottPotential Deal in the Works, Citrix Systems to be acquired by Vista and Elliott. Vista and Evergreen (an affiliate of Elliott) intend to combine Citrix and TIBCO Software, one of Vista’s portfolio companies. Cedar Fair (FUN) received an unsolicited non-binding proposal from SeaWorld Entertainment (SEAS) and Six Flags could be a potential bidder too.
Major Estimate Revision • Feb 07Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$2.10 to US$1.40 per share. Revenue forecast steady at US$3.33b. Net income forecast to shrink 30% next year vs 9.4% growth forecast for Software industry in the US . Consensus price target up from US$97.99 to US$103. Share price fell 3.0% to US$102 over the past week.
Reported Earnings • Feb 02Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: US$2.44 (down from US$4.08 in FY 2020). Revenue: US$3.22b (flat on FY 2020). Net income: US$307.5m (down 39% from FY 2020). Profit margin: 9.6% (down from 16% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Over the next year, revenue is forecast to grow 3.7%, compared to a 174% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$97.88, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 47x in the Software industry in the US. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at US$195 per share.
Price Target Changed • Dec 17Price target decreased to US$101Down from US$110, the current price target is an average from 13 analysts. New target price is 19% above last closing price of US$84.72. Stock is down 35% over the past year. The company is forecast to post earnings per share of US$1.90 for next year compared to US$4.08 last year.
Seeking Alpha • Dec 15Citrix: Scoop Up This Stock While The Market Is Looking The Other WayCitrix, a pandemic remote-work favorite, has fallen out of favor this year as growth has decelerated and sentiment for pandemic stocks has fallen. The company continues to emphasize its shift to SaaS, and organic SaaS ARR is up nearly 50% y/y. A new expanded partnership with Google Cloud also has the capability to jumpstart growth. Citrix has all the elements of a classic value stock, including a nearly ~2% yield.
Upcoming Dividend • Nov 29Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (0.7%).
Upcoming Dividend • Nov 29Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (0.7%).
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS US$0.41 (vs US$0.80 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$778.4m (up 1.5% from 3Q 2020). Net income: US$51.8m (down 47% from 3Q 2020). Profit margin: 6.7% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Executive Departure • Oct 12Independent Director Ajei Gopal has left the companyOn the 4th of October, Ajei Gopal's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Ajei's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.25 years.
Executive Departure • Oct 12CEO, President & Director David Henshall has left the companyOn the 6th of October, David Henshall was replaced as CEO by Robert Calderoni after 4.2 years in the role. As of June 2021, David still personally held 361.78k shares (US$42m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.25 years. Under David's leadership, the company delivered a total shareholder return of 38%.
Seeking Alpha • Sep 26Citrix Systems: Buy While It's DownShares of Citrix have fallen 15% year to date and 20% from peaks as enthusiasm for its remote workspace products has waned in the post-pandemic era. Recently, the company took down its full-year revenue guidance, always a lightning rod for negativity in the tech sector. The guidance cut, however, is due more to Citrix’s ongoing subscription transition than it is fundamental slowness. The company is revamping its go-to-market strategy to address the slowdown. Ongoing rumors of a potential sale will also put a floor on the share price.
Upcoming Dividend • Sep 02Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 24 September 2021. Trailing yield: 1.4%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (0.7%).
Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS US$0.50 (vs US$0.91 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$812.1m (up 1.6% from 2Q 2020). Net income: US$62.8m (down 44% from 2Q 2020). Profit margin: 7.7% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Price Target Changed • Jul 30Price target decreased to US$126Down from US$150, the current price target is an average from 11 analysts. New target price is 25% above last closing price of US$101. Stock is down 29% over the past year.
Seeking Alpha • Jul 08Citrix Systems Has Dropped Enough, Time To Buy The DipShares of Citrix have plunged ~35% from all-time highs due to fading pandemic tailwinds. The company has acquired workflow tool Asana to broaden its product portfolio and bolster growth, putting it in competition with Asana. Citrix is transitioning into a subscription/recurring business, and even without Wrike's contribution, the company is seeing mid-teens ARR growth. The company looks reasonably valued at ~17x next year's EPS.
Executive Departure • Jun 09Independent Director Robert Daleo has left the companyOn the 4th of June, Robert Daleo's tenure as Independent Director ended after 8.1 years in the role. As of March 2021, Robert still personally held only 181.00 shares (US$25k worth at the time). Robert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.67 years.
Upcoming Dividend • Jun 03Upcoming dividend of US$0.37 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 25 June 2021. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (3.4%). Higher than average of industry peers (1.0%).
Reported Earnings • May 03First quarter 2021 earnings released: EPS US$0.71 (vs US$1.45 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$775.8m (down 9.9% from 1Q 2020). Net income: US$90.0m (down 50% from 1Q 2020). Profit margin: 12% (down from 21% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Apr 30Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from US$4.12 to US$3.54 per share. Revenue forecast steady at US$3.36b. Net income forecast to grow 1.7% next year vs 2.9% decline forecast for Software industry in the US. Consensus price target down from US$165 to US$159. Share price fell 8.8% to US$128 over the past week.
Reported Earnings • Feb 10Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$3.24b (up 7.5% from FY 2019). Net income: US$504.4m (down 26% from FY 2019). Profit margin: 16% (down from 23% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 10Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 2.9%, compared to a 19% growth forecast for the Software industry in the US.
Recent Insider Transactions • Feb 04Executive VP & CFO recently sold US$90k worth of stockOn the 1st of February, Arlen Shenkman sold around 673 shares on-market at roughly US$133 per share. This was the largest sale by an insider in the last 3 months. This was Arlen's only on-market trade for the last 12 months.
Is New 90 Day High Low • Jan 27New 90-day high: US$139The company is up 21% from its price of US$115 on 28 October 2020. The American market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$223 per share.
Analyst Estimate Surprise Post Earnings • Jan 23Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 3.8%, compared to a 17% growth forecast for the Software industry in the US.
Reported Earnings • Jan 20Full year 2020 earnings released: EPS US$4.00The company reported a soft full year result with weaker earnings and profit margins, although revenues were improved. Full year 2020 results: Revenue: US$3.24b (up 7.5% from FY 2019). Net income: US$504.4m (down 26% from FY 2019). Profit margin: 16% (down from 23% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 02Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$599.5m, down 6.5% from the prior year. Total revenue was US$3.24b over the last 12 months, up 7.8% from the prior year.
Analyst Estimate Surprise Post Earnings • Nov 02Third-quarter earnings released: Revenue and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 1.1% at US$767.2m. Earnings per share (EPS) also surpassed analyst estimates by 21% at US$0.78. Revenue is forecast to grow 1.9% over the next year, compared to a 17% growth forecast for the Software industry in the US.
Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$599.5m, down 6.5% from the prior year. Total revenue was US$3.24b over the last 12 months, up 7.8% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 25Third-quarter earnings released: Revenue and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 1.1% at US$767.2m. Earnings per share (EPS) also surpassed analyst estimates by 21% at US$0.78. Revenue is forecast to grow 1.8% over the next year, compared to a 17% growth forecast for the Software industry in the US.
Is New 90 Day High Low • Oct 23New 90-day low: US$127The company is down 11% from its price of US$142 on 24 July 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$168 per share.