Citrix Systems, Inc. (NASDAQ:CTXS) – Research analysts at William Blair issued their FY2019 earnings per share (EPS) estimates for Citrix Systems in a report issued on Wednesday. William Blair analyst J. Ader anticipates that the cloud computing company will post earnings of $4.44 per share for the year.

Citrix Systems (NASDAQ:CTXS) last announced its quarterly earnings results on Wednesday, August 2nd. The cloud computing company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by $0.02. Citrix Systems had a return on equity of 31.07% and a net margin of 15.08%. The company had revenue of $693 million during the quarter, compared to analyst estimates of $690.83 million. During the same period in the prior year, the firm earned $1.20 EPS. Citrix Systems’s quarterly revenue was up 3.0% on a year-over-year basis.

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Other equities analysts have also recently issued research reports about the company. MKM Partners raised their price objective on Citrix Systems from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, April 25th. Stifel Nicolaus restated a “hold” rating and issued a $77.00 price objective on shares of Citrix Systems in a report on Thursday. Royal Bank Of Canada restated a “hold” rating and issued a $85.00 price objective on shares of Citrix Systems in a report on Monday, July 31st. Deutsche Bank AG decreased their price objective on Citrix Systems from $90.00 to $80.00 and set a “hold” rating for the company in a report on Friday, April 28th. Finally, BTIG Research restated a “neutral” rating on shares of Citrix Systems in a report on Monday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the stock. Citrix Systems presently has a consensus rating of “Hold” and a consensus price target of $90.13.

Shares of Citrix Systems (NASDAQ CTXS) opened at 78.21 on Monday. The firm has a market cap of $12.20 billion, a PE ratio of 26.35 and a beta of 1.49. Citrix Systems has a 12 month low of $64.11 and a 12 month high of $87.99. The firm has a 50 day moving average price of $80.46 and a 200-day moving average price of $80.96.

A number of large investors have recently modified their holdings of CTXS. Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Citrix Systems by 2.6% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 469,966 shares of the cloud computing company’s stock valued at $37,400,000 after buying an additional 11,784 shares during the period. GAM Holding AG increased its stake in shares of Citrix Systems by 17.1% in the second quarter. GAM Holding AG now owns 32,098 shares of the cloud computing company’s stock valued at $2,554,000 after buying an additional 4,697 shares during the period. Sicart Associates LLC increased its stake in shares of Citrix Systems by 44.9% in the second quarter. Sicart Associates LLC now owns 29,340 shares of the cloud computing company’s stock valued at $2,335,000 after buying an additional 9,085 shares during the period. State Board of Administration of Florida Retirement System increased its stake in shares of Citrix Systems by 1.7% in the second quarter. State Board of Administration of Florida Retirement System now owns 230,299 shares of the cloud computing company’s stock valued at $18,327,000 after buying an additional 3,952 shares during the period. Finally, BB&T Securities LLC increased its stake in shares of Citrix Systems by 24.5% in the second quarter. BB&T Securities LLC now owns 12,537 shares of the cloud computing company’s stock valued at $997,000 after buying an additional 2,466 shares during the period. Hedge funds and other institutional investors own 97.21% of the company’s stock.

Citrix Systems Company Profile

Citrix Systems, Inc offers Enterprise and Service Provider products, which include Workspace Services solutions and Delivery Networking products. The Company’s Enterprise and Service Provider products include Cloud Services solutions, and related license updates and maintenance, support and professional services.

Earnings History and Estimates for Citrix Systems (NASDAQ:CTXS)

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