This company has been acquired
Citrix Systems (CTXS) Stock Overview
Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
CTXS Community Fair Values
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Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$103.90 |
| 52 Week High | US$108.50 |
| 52 Week Low | US$78.07 |
| Beta | 0.077 |
| 1 Month Change | 0.92% |
| 3 Month Change | 6.10% |
| 1 Year Change | -4.18% |
| 3 Year Change | 7.66% |
| 5 Year Change | 30.74% |
| Change since IPO | 4,056.00% |
Recent News & Updates
Citrix Systems planned sale to Elliott, Vista set to close next Friday
Citrix 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).Citrix ticks higher on report banks said to start Citrix loan sale for its takeover
A 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.Citrix Systems ticks higher on report about debt financing for take private
Citrix 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.96% IRR From Citrix In Arb's Golden Age
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Shareholder Returns
| CTXS | US Software | US Market | |
|---|---|---|---|
| 7D | 0.1% | 3.1% | 2.1% |
| 1Y | -4.2% | -6.3% | 30.6% |
Return vs Industry: CTXS exceeded the US Software industry which returned -33.2% over the past year.
Return vs Market: CTXS exceeded the US Market which returned -23.2% over the past year.
Price Volatility
| CTXS volatility | |
|---|---|
| CTXS Average Weekly Movement | 1.0% |
| Software Industry Average Movement | 9.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CTXS has not had significant price volatility in the past 3 months.
Volatility Over Time: CTXS's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 9,000 | Bob Calderoni | www.citrix.com |
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; Citrix Virtual Apps and Desktops; Collaborative Work Management; Citrix Content Collaboration, a cloud-based file sharing, digital transaction, and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices; Citrix Analytics for Security that assesses the behavior of Citrix Virtual Apps and Desktops, and Citrix Workspace users and applies actions to protect sensitive corporate information; Citrix Analytics for Performance, which uses machine learning to quantify user experience; Citrix Secure Workspace Access that provides an end-to-end solution to implement Zero Trust principles; and Citrix Secure Internet Access, which provides a solution that protects direct internet access for branch and remote workers using unsanctioned apps. It also provides Citrix ADC that offers application delivery controller, on-premise, in-cloud, and SaaS deployment option solutions.
Citrix Systems, Inc. Fundamentals Summary
| CTXS fundamental statistics | |
|---|---|
| Market cap | US$13.18b |
| Earnings (TTM) | US$330.37m |
| Revenue (TTM) | US$3.31b |
Is CTXS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CTXS income statement (TTM) | |
|---|---|
| Revenue | US$3.31b |
| Cost of Revenue | US$523.04m |
| Gross Profit | US$2.79b |
| Other Expenses | US$2.46b |
| Earnings | US$330.37m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.60 |
| Gross Margin | 84.22% |
| Net Profit Margin | 9.97% |
| Debt/Equity Ratio | 403.8% |
How did CTXS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/01 18:48 |
| End of Day Share Price | 2022/09/30 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Citrix Systems, Inc. is covered by 45 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Shepherd | Arete Research Services LLP |
| Robert Oliver | Baird |
| Israel Hernandez | Barclays |