CTXS

Citrix SystemsNasdaqGS:CTXS Stock Report

Market Cap

US$13.9b

7D

3.7%

1Y

-16.7%

Updated

18 Sep, 2021

Data

Company Financials +
CTXS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health1/6
Dividends2/6

CTXS Overview

Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide.

Share Price & News

How has Citrix Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CTXS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CTXS's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

3.7%

CTXS

0.9%

US Software

-0.6%

US Market


1 Year Return

-16.7%

CTXS

42.9%

US Software

33.8%

US Market

Return vs Industry: CTXS underperformed the US Software industry which returned 42.9% over the past year.

Return vs Market: CTXS underperformed the US Market which returned 33.8% over the past year.


Shareholder returns

CTXSIndustryMarket
7 Day3.7%0.9%-0.6%
30 Day8.9%3.5%2.0%
90 Day-3.7%12.5%4.7%
1 Year-15.7%-16.7%43.7%42.9%35.8%33.8%
3 Year5.0%1.1%141.4%135.1%60.0%50.1%
5 Year71.3%31.4%371.6%348.4%123.0%98.7%

Long-Term Price Volatility Vs. Market

How volatile is Citrix Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Citrix Systems Fundamentals Summary

How do Citrix Systems's earnings and revenue compare to its market cap?
CTXS fundamental statistics
Market CapUS$13.86b
Earnings (TTM)US$363.13m
Revenue (TTM)US$3.16b

38.2x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CTXS income statement (TTM)
RevenueUS$3.16b
Cost of RevenueUS$518.18m
Gross ProfitUS$2.65b
ExpensesUS$2.28b
EarningsUS$363.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.95
Gross Margin83.63%
Net Profit Margin11.47%
Debt/Equity Ratio1,186.3%

How did CTXS perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

49%

Payout Ratio

Valuation

Is Citrix Systems undervalued compared to its fair value and its price relative to the market?

39.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CTXS ($111.57) is trading below our estimate of fair value ($182.78)

Significantly Below Fair Value: CTXS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CTXS is good value based on its PE Ratio (38.2x) compared to the US Software industry average (55.9x).

PE vs Market: CTXS is poor value based on its PE Ratio (38.2x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: CTXS is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: CTXS is overvalued based on its PB Ratio (47.3x) compared to the US Software industry average (7.6x).


Future Growth

How is Citrix Systems forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

25.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CTXS's forecast earnings growth (25.5% per year) is above the savings rate (2%).

Earnings vs Market: CTXS's earnings (25.5% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CTXS's revenue (7.7% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: CTXS's revenue (7.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CTXS's Return on Equity is forecast to be very high in 3 years time (154.1%).


Past Performance

How has Citrix Systems performed over the past 5 years?

11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CTXS has high quality earnings.

Growing Profit Margin: CTXS's current net profit margins (11.5%) are lower than last year (24.1%).


Past Earnings Growth Analysis

Earnings Trend: CTXS's earnings have grown by 11.4% per year over the past 5 years.

Accelerating Growth: CTXS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CTXS had negative earnings growth (-53%) over the past year, making it difficult to compare to the Software industry average (22.1%).


Return on Equity

High ROE: Whilst CTXS's Return on Equity (124%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Citrix Systems's financial position?


Financial Position Analysis

Short Term Liabilities: CTXS's short term assets ($1.5B) do not cover its short term liabilities ($2.1B).

Long Term Liabilities: CTXS's short term assets ($1.5B) do not cover its long term liabilities ($4.3B).


Debt to Equity History and Analysis

Debt Level: CTXS's debt to equity ratio (1186.3%) is considered high.

Reducing Debt: CTXS's debt to equity ratio has increased from 59.3% to 1186.3% over the past 5 years.

Debt Coverage: CTXS's debt is not well covered by operating cash flow (17%).

Interest Coverage: CTXS's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet


Dividend

What is Citrix Systems's current dividend yield, its reliability and sustainability?

1.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CTXS's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: CTXS's dividend (1.33%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CTXS has been paying a dividend for less than 10 years.

Growing Dividend: CTXS's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.9%), CTXS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CTXS's dividends in 3 years are forecast to be well covered by earnings (23.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure


CEO

David Henshall (53 yo)

4.17yrs

Tenure

US$22,596,498

Compensation

Mr. David James Henshall has been Chief Executive Officer and President at Citrix Systems, Inc. since July 10, 2017. He has been a Director at Citrix Systems, Inc. since July 10, 2017. He has been Director...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD22.60M) is above average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: CTXS's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: CTXS's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Citrix Systems, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Citrix Systems, Inc.
  • Ticker: CTXS
  • Exchange: NasdaqGS
  • Founded: 1989
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$13.861b
  • Shares outstanding: 124.23m
  • Website: https://www.citrix.com

Number of Employees


Location

  • Citrix Systems, Inc.
  • 851 West Cypress Creek Road
  • Fort Lauderdale
  • Florida
  • 33309
  • United States

Listings


Biography

Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. The company offers workspace services, including Citrix Workspace;...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:02
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.