Citrix Systems, Inc. provides workspace, networking, and professional services worldwide.
Solid track record and slightly overvalued.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CTXS exceeded the US Software industry which returned 8.6% over the past year.
Return vs Market: CTXS exceeded the US Market which returned -10% over the past year.
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
5 days ago | Simply Wall StHere's What We Think About Citrix Systems, Inc.'s (NASDAQ:CTXS) CEO Pay
2 weeks ago | Simply Wall StRead This Before You Buy Citrix Systems, Inc. (NASDAQ:CTXS) Because Of Its P/E Ratio
4 weeks ago | Simply Wall StDoes Citrix Systems, Inc. (NASDAQ:CTXS) Have A Place In Your Dividend Portfolio?
Is Citrix Systems undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CTXS ($145.8) is trading below our estimate of fair value ($173.96)
Significantly Below Fair Value: CTXS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CTXS is good value based on its PE Ratio (28x) compared to the Software industry average (40.6x).
PE vs Market: CTXS is poor value based on its PE Ratio (28x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: CTXS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CTXS is overvalued based on its PB Ratio (22.6x) compared to the US Software industry average (4.4x).
How is Citrix Systems forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTXS's earnings are forecast to decline over the next 3 years (-15.3% per year).
Earnings vs Market: CTXS's earnings are forecast to decline over the next 3 years (-15.3% per year).
High Growth Earnings: CTXS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CTXS's revenue (4.7% per year) is forecast to grow slower than the US market (7% per year).
High Growth Revenue: CTXS's revenue (4.7% 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 (97.1%).
How has Citrix Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTXS has high quality earnings.
Growing Profit Margin: CTXS's current net profit margins (22.6%) are higher than last year (19.4%).
Past Earnings Growth Analysis
Earnings Trend: CTXS's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: CTXS's earnings growth over the past year (18.4%) exceeds its 5-year average (14.2% per year).
Earnings vs Industry: CTXS earnings growth over the past year (18.4%) underperformed the Software industry 18.4%.
Return on Equity
High ROE: CTXS's Return on Equity (81.4%) is considered outstanding.
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 ($1.8B).
Long Term Liabilities: CTXS's short term assets ($1.5B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: CTXS's debt to equity ratio (88.7%) is considered high.
Reducing Debt: CTXS's debt to equity ratio has increased from 59.6% to 88.7% over the past 5 years.
Debt Coverage: CTXS's debt is well covered by operating cash flow (105.4%).
Interest Coverage: CTXS's interest payments on its debt are well covered by EBIT (20.6x coverage).
What is Citrix Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTXS's dividend (0.96%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.93%).
High Dividend: CTXS's dividend (0.96%) is low compared to the top 25% of dividend payers in the US market (5.46%).
Stability and Growth of Payments
Stable Dividend: CTXS is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CTXS is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CTXS is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CTXS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Henshall (51yo)
Mr. David James Henshall has been Chief Executive Officer and President at Citrix Systems, Inc. since July 10, 2017. Mr. Henshall served as an Executive Vice President and Treasurer at Citrix Systems, Inc. ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD19.26M) is above average for companies of similar size in the US market ($USD11.79M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
|CEO, President & Director||2.75yrs||US$19.26m||0.30% $53.7m|
|Executive VP||5yrs||US$6.16m||0.091% $16.3m|
|Executive VP & Chief People Officer||4.42yrs||US$6.28m||0.052% $9.2m|
|Executive VP & Chief Product Officer||3.5yrs||US$6.23m||0.037% $6.7m|
|Executive VP & CFO||0.58yr||no data||no data|
|COO & Executive VP||0.75yr||no data||0.013% $2.3m|
|VP, Chief Accounting Officer & Corporate Controller||4yrs||no data||0.011% $2.0m|
|Vice President of Investor Relations||no data||no data||no data|
|Executive VP of Business Strategy & Chief Marketing Officer||4.42yrs||US$2.79m||0.037% $6.7m|
|Senior Director of Corporate Development & Corporate Venture Capital||no data||no data||no data|
Experienced Management: CTXS's management team is considered experienced (3.8 years average tenure).
|CEO, President & Director||2.75yrs||US$19.26m||0.30% $53.7m|
|Independent Director||15.17yrs||US$327.93k||0.0080% $1.4m|
|Chairman of the Board||4.75yrs||US$8.67m||0.063% $11.3m|
|Independent Director||1.33yrs||US$4.67k||0.0020% $355.0k|
|Lead Independent Director||2yrs||US$402.56k||0.027% $4.8m|
|Independent Director||6.92yrs||US$377.99k||0.00015% $26.8k|
|Independent Director||2.58yrs||US$328.12k||no data|
|Independent Director||4.33yrs||US$354.83k||0.010% $1.8m|
|Independent Director||4.75yrs||US$343.23k||no data|
|Independent Director||1.83yrs||US$294.49k||0.0028% $497.7k|
Experienced Board: CTXS's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CTXS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Citrix Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Citrix Systems, Inc.
- Ticker: CTXS
- Exchange: NasdaqGS
- Founded: 1989
- Industry: Application Software
- Sector: Software
- Market Cap: US$17.840b
- Shares outstanding: 122.36m
- Website: https://www.citrix.com
Number of Employees
- Citrix Systems, Inc.
- 851 West Cypress Creek Road
- Fort Lauderdale
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CTXS||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1995|
|CTX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1995|
|CTX||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Dec 1995|
|CTXS *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 1995|
|0HYR||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Dec 1995|
|CTXS||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Dec 1995|
|CTX||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Dec 1995|
|C1TX34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 2 COM||BR||BRL||Dec 2019|
Citrix Systems, Inc. provides workspace, networking, and professional services worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops; Citrix Content Collaboration, a cloud-based file sharing and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices for businesses; Citrix Endpoint Management for mobility and device management capabilities; and Workspace Intelligence that customizes and streamlines user workflows, as well as microapp creation with low-code tooling, automates tasks and functions. It also provides networking products comprising Citrix ADC, an application delivery controller and load balancing solution for web, traditional and cloud-native applications; and Citrix SD-WAN, a WAN Edge solution that delivers flexible, automated, secure connectivity and performance for the workspace, as well as Citrix Analytics for security, performance, and operations. In addition, the company offers customer services, hardware maintenance, consulting, and product training and certification services. The company serves health care, financial services, technology, manufacturing, consumer, and government agencies. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. and changed its name to Citrix Systems, Inc. in March 2009. Citrix Systems, Inc. was founded in 1989 and is headquartered in Fort Lauderdale, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 08:14|
|End of Day Share Price||2020/04/07 00:00|
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.