Citrix Systems
Market Cap
US$17.4b
Last Updated
2021/04/17 22:03 UTC
Data Sources
Company Financials +
Executive Summary
Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with limited growth.
Similar Companies
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 less volatile than 75% 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
-1.3%
CTXS
2.3%
US Software
1.3%
US Market
1 Year Return
-6.6%
CTXS
56.0%
US Software
53.9%
US Market
Return vs Industry: CTXS underperformed the US Software industry which returned 56% over the past year.
Return vs Market: CTXS underperformed the US Market which returned 53.9% over the past year.
Shareholder returns
| CTXS | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | 2.3% | 1.3% |
| 30 Day | 6.8% | 11.7% | 5.3% |
| 90 Day | 6.4% | 12.0% | 8.9% |
| 1 Year | -5.6%-6.6% | 57.1%56.0% | 56.6%53.9% |
| 3 Year | 50.1%45.5% | 146.1%138.6% | 64.4%53.6% |
| 5 Year | 119.6%69.5% | 329.3%305.3% | 120.4%95.7% |
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
6 days ago | Simply Wall St
What Makes Citrix Systems, Inc. (NASDAQ:CTXS) A Great Dividend Stock?3 weeks ago | Simply Wall St
Citrix Systems (NASDAQ:CTXS) Has A Pretty Healthy Balance Sheet1 month ago | Simply Wall St
Here's What We Like About Citrix Systems' (NASDAQ:CTXS) Upcoming DividendValuation
Is Citrix Systems undervalued compared to its fair value and its price relative to the market?
31.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CTXS ($140.5) is trading below our estimate of fair value ($206.44)
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 (34.4x) compared to the US Software industry average (54.5x).
PE vs Market: CTXS is poor value based on its PE Ratio (34.4x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: CTXS is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: CTXS is overvalued based on its PB Ratio (153.5x) compared to the US Software industry average (8.7x).
Future Growth
How is Citrix Systems forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
9.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTXS's forecast earnings growth (9.7% per year) is above the savings rate (2%).
Earnings vs Market: CTXS's earnings (9.7% per year) are forecast to grow slower than the US market (18.1% per year).
High Growth Earnings: CTXS's earnings are forecast to grow, but not significantly.
Revenue vs Market: CTXS's revenue (6.6% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: CTXS's revenue (6.6% 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 (63.2%).
Past Performance
How has Citrix Systems performed over the past 5 years?
16.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTXS has high quality earnings.
Growing Profit Margin: CTXS's current net profit margins (15.6%) are lower than last year (22.7%).
Past Earnings Growth Analysis
Earnings Trend: CTXS's earnings have grown by 16.9% 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 (-26.1%) over the past year, making it difficult to compare to the Software industry average (16.3%).
Return on Equity
High ROE: Whilst CTXS's Return on Equity (449.82%) 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 ($2.0B) do not cover its short term liabilities ($2.2B).
Long Term Liabilities: CTXS's short term assets ($2.0B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: CTXS's debt to equity ratio (1545%) is considered high.
Reducing Debt: CTXS's debt to equity ratio has increased from 66.4% to 1545% over the past 5 years.
Debt Coverage: CTXS's debt is well covered by operating cash flow (54%).
Interest Coverage: CTXS's interest payments on its debt are well covered by EBIT (10.1x coverage).
Balance Sheet
Dividend
What is Citrix Systems's current dividend yield, its reliability and sustainability?
1.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTXS's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: CTXS's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (3.46%).
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 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.3%), 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 (17.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
David Henshall (52 yo)
3.75yrs
Tenure
US$14,513,856
Compensation
Mr. David James Henshall has been Chief Executive Officer and President at Citrix Systems, Inc. since July 10, 2017. He has been Director at New Relic, Inc. since August 19, 2020. Mr. Henshall served as an...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD14.51M) is above average for companies of similar size in the US market ($USD11.14M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CTXS's management team is considered experienced (4.5 years average tenure).
Board Members
Experienced Board: CTXS's board of directors are considered experienced (3.6 years average tenure).
Ownership
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
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$17.362b
- Shares outstanding: 123.02m
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 22:03 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.