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CTXS

Market Closed

Citrix Systems Inc

CTXS Stock Price

RSI Chart

Valuation

Market Cap

13.2B

Price/Earnings

39.9

Price/Sales

3.98

Price/Cashflow

17.31

MarketCap/EBT

55.54

Price/Sales

Profitability

Operating Margin

81.35%

EBT Margin

7.16%

Return on Equity

40.08%

Return on Assets

4.71%

Fundamentals

Revenue

Revenue (TTM)

3.3B

Revenue Y/Y

5.84%

Revenue Q/Q

4.14%

Earnings

Earnings (TTM)

330.4M

Earnings Y/Y

83.95%

Earnings Q/Q

91.69%

Price Action

Last 7 days

0.1%

Last 30 days

1.3%

Last 90 days

6.1%

Trailing 12 Months

-3.5%

Financial Health

Current Ratio

0.82

Debt/Equity

4.04

Debt/Cashflow

0.23

Investor Care

Dividend Yield

1.4%

Shares Dilution (1Y)

2.14%

Diluted EPS (TTM)

2.6

Peers (Alternatives to Citrix Systems)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
16.19% -21.88%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
10.96% -5.77%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-3.63% -44.66%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
13.38% -49.17%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-5.46% -61.25%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
12.08% -18.13%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
8.04% -48.17%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-19.92% -44.81%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
6.18% -58.89%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
20.08% -33.40%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-1.33% -63.18%
-4.28
0.79
2.66% -1.77%

Financials for Citrix Systems

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue1.5%3,3143,2673,2173,1763,165
Cost Of Revenue-0.9%618624625585566
Gross Profit2.0%2,6962,6432,5922,5912,599
Operating Expenses-1.5%2,3672,4032,3552,1942,159
  S&GA Expenses-2.7%1,1621,1941,1951,1981,206
Earnings Before Taxes48.8%237159167329385
Net Income19.0%330278307317363
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets2.1%7,0116,8666,9766,5366,714
  Current Assets13.4%1,8981,6731,7191,3401,500
    Cash Equivalents19.1%866727514429501
  Inventory-7.7%2527232422
  Net PPE-1.1%207209219230226
  Goodwill0%3,4043,4043,4013,4563,456
  Current Liabilities2.3%2,3072,2542,3542,0172,092
.    Short Term Borrowings0.0%100100---
  Long Term Debt0.0%3,3263,3253,474--
    LT Debt, Non Current0.0%3,2293,2283,326--
Shareholder's Equity24.0%824665547400293
  Retained Earnings2.2%5,2775,1615,1015,0455,041
  Additional Paid-In Capital1.1%7,2247,1427,0426,9436,836
Shares Outstanding0.4%328327325325324
Float-14,548----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations3.8%761734672633589
  Share Based Compensation-4.7%323339347328333
Cashflow From Investing35.0%-48.90-75.26-1,999.52-1,776.94-1,806.15
Cashflow From Financing17.6%-332.73-403.721,0951,0031,156
  Dividend Payments-33.2%92138184180177
  Buy Backs-100.0%089289
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on CTXS?

39.2%


Probability that Citrix Systems stock will be more than 20% underwater in next one year

15.8%


Probability that Citrix Systems stock will be more than 30% underwater in next one year.

8.1%


Probability that Citrix Systems stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CTXS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Citrix Systems was unfortunately bought at previous high price.

Returns

Cumulative Returns on CTXS

6.0%


10-Year Cumulative Returns

10.0%


7-Year Cumulative Returns

7.1%


5-Year Cumulative Returns

3.5%


3-Year Cumulative Returns

What are the long-term rolling returns for CTXS?

FIve years rolling returns for Citrix Systems.

Which funds bought or sold CTXS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
SOLD OFF
-100
-466,000
-
-%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-69
1,000
-%
2022-11-22
Mint Tower Capital Management B.V.
SOLD OFF
-100
-1,008,000
-
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
7.85
42,000
316,000
0.01%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
1,000
3,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,156,000
1,156,000
0.01%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
1,000
16,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.61
1,284,000
21,745,000
0.04%
2022-11-18
National Pension Service
UNCHANGED
-
-
6,000
-%
2022-11-17
Telemetry Investments, L.L.C.
ADDED
126.31
856,000
1,458,000
1.87%

1–10 of 45

Latest Funds Activity

Are funds buying CTXS calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CTXS

Citrix Systems News

Armenian Reporter

Franklin Resources Inc. Sells 501 Shares of Citrix Systems, Inc. (NASDAQ:CTXS).3 hours ago

GuruFocus.com

GuruFocus.com

CTXS Fair Value

Citrix Systems fair value in different scenarios

The table shows the Fair Value estimates for Citrix Systems for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

10.15

-

13.38

-

15.82

-

23.59

-

32.31

-

Current Inflation

9.50

-

12.40

-

14.10

-

20.70

-

27.99

-

Very High Inflation

8.68

-

11.17

-

12.07

-

17.35

-

23.04

-

Historical Citrix Systems Fair Value Estimates


Recent SEC filings of Citrix Systems

View All Filings
Date Filed Form Type Document
Oct 12, 2022
15-12G
15-12G
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
8-K
Current Report
Oct 03, 2022
POSASR
POSASR
Oct 03, 2022
S-8 POS
Employee Benefits Plan
Oct 03, 2022
S-8 POS
Employee Benefits Plan
Oct 03, 2022
S-8 POS
Employee Benefits Plan

Latest Insider Trading transactions for CTXS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-30
DEMO MURRAY J
GIVEN BACK TO IS
-
-
-15,244
-
2022-09-30
KILCOYNE MOIRA A.
GIVEN BACK TO IS
-
-
-8,816
-
2022-09-30
KNOWLING ROBERT E JR
GIVEN BACK TO IS
-
-
-3,501.69
-
2022-09-30
Sherman J Donald
GIVEN BACK TO IS
-
-
-4,570
-
2022-09-30
Hogan Thomas E
GIVEN BACK TO IS
-
-
-7,842
-
2022-09-30
Smith Jason Alexander
GIVEN BACK TO IS
-
-
-34,208.6
EVP & Chief Financial Officer
2022-09-30
CALDERONI ROBERT
GIVEN BACK TO IS
-
-
-30,718
Interim CEO & President
2022-09-30
CALDERONI ROBERT
GIVEN BACK TO IS
-
-
-129,994
Interim CEO & President
2022-09-30
Kimmel Donna Nappen
GIVEN BACK TO IS
-
-
-110,965
EVP & Chief People Officer
2022-09-30
SOISSON JESSICA
GIVEN BACK TO IS
-
-
-32,122.8
SVP, CAO & Corp Controller

1–10 of 50

Robert M. Calderoni
9700
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. In addition, the company provides customer services, hardware maintenance, consulting, and product training and certification services. The company serves healthcare, 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 incorporated in 1989 and is headquartered in Fort Lauderdale, Florida.

CTXS Income Statement

2022-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:    
Total net revenues$ 859,522$ 812,111$ 1,684,860$ 1,587,877
Cost of net revenues:    
Amortization of product related intangible assets17,47120,11934,81431,128
Total cost of net revenues155,922161,306297,818304,775
Gross profit703,600650,8051,387,0421,283,102
Operating expenses:    
Research and development137,166146,179285,071290,337
Sales, marketing and services274,432306,920567,383600,204
General and administrative90,25693,594199,315188,584
Amortization of other intangible assets19,43419,43538,65526,967
Restructuring9,023027,1010
Total operating expenses530,311566,1281,117,5251,106,092
Income from operations173,28984,677269,517177,010
Interest income9412721,383593
Interest expense(23,849)(22,905)(45,925)(47,265)
Other (expense) income, net(3,817)6,635(4,894)19,531
Income before income taxes146,56468,679220,081149,869
Income tax expense (benefit)31,1075,91344,392(2,945)
Net income$ 115,457$ 62,766$ 175,689$ 152,814
Earnings per share:    
Basic (in dollars per share)$ 0.91$ 0.51$ 1.39$ 1.24
Diluted (in dollars per share)$ 0.90$ 0.50$ 1.38$ 1.21
Weighted average shares outstanding:    
Basic (in shares)126,735124,230126,120123,580
Diluted (in shares)127,832126,003127,757126,019
Subscription    
Revenues:    
Total net revenues$ 509,595$ 374,271$ 973,232$ 716,400
Product and license    
Revenues:    
Total net revenues34,30258,68367,599102,918
Cost of net revenues:    
Cost of net revenues25,86125,16043,38846,875
Support and services    
Revenues:    
Total net revenues315,625379,157644,029768,559
Cost of subscription, support and services    
Cost of net revenues:    
Cost of net revenues$ 112,590$ 116,027$ 219,616$ 226,772

CTXS Balance Sheet

2022-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 865,597$ 513,993
Short-term investments, available-for-sale7,20213,186
Accounts receivable, net of allowances of $42,734 and $33,279 at June 30, 2022 and December 31, 2021, respectively696,836885,311
Inventories, net24,91123,158
Prepaid expenses and other current assets303,289283,337
Total current assets1,897,8351,718,985
Long-term investments, available-for-sale014,754
Property and equipment, net207,082219,031
Operating lease right-of-use assets, net132,638154,685
Goodwill3,404,2143,400,792
Other intangible assets, net691,254760,293
Deferred tax assets, net398,538417,016
Other assets279,538289,961
Total assets7,011,0996,975,517
Current liabilities:  
Accounts payable146,746165,250
Accrued expenses and other current liabilities354,954444,767
Income taxes payable88,35335,996
Short-term debt99,9660
Current portion of deferred revenues1,617,2541,708,058
Total current liabilities2,307,2732,354,071
Long-term portion of deferred revenues311,584329,535
Long-term debt3,228,6173,326,327
Long-term income taxes payable153,587204,782
Operating lease liabilities138,288166,014
Other liabilities47,39447,531
Commitments and contingencies
Stockholders' equity:  
Preferred stock at $.01 par value: 5,000 shares authorized, none issued and outstanding00
Common stock at $.001 par value: 1,000,000 shares authorized; 327,925 and 325,174 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively328325
Additional paid-in capital7,224,1197,041,576
Retained earnings5,276,9255,100,624
Accumulated other comprehensive loss(5,776)(2,896)
Stockholders' equity before treasury stock12,495,59612,139,629
Less - common stock in treasury, at cost (201,087 and 200,313 shares at June 30, 2022 and December 31, 2021, respectively)(11,671,240)(11,592,372)
Total stockholders' equity824,356547,257
Total liabilities and stockholders' equity$ 7,011,099$ 6,975,517