Analyst Ratings for Citrix Systems Inc. (CTXS)Updated: 2017-07-29
Analysts covering Citrix Systems Inc. (NASDAQ:CTXS) have given it a consensus rating of Hold. Last month, CTXS received an average rating of Hold.
7 analysts declared CTXS a buy, 3 gave an overweight rating, 13 issued a hold rating, 0 issued an underweight rating, and 3 gave a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.
A number of analysts gave price targets for CTXS. The highest price target was 98, which equates to a potential upside of 22.95 percent. The most pessimistic price target was 61, implying a possible loss of -23.47 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -5 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.11 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of CTXS to grow at a rate of 28.4 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CTXS is 0.92.
CTXS has traded between a high of 87.99 and a low of 64.18 over the past year. Today's price is 24.2 percent above the 52-week low, and below the high by 9.41 percent. CTXS has a P/E ratio of 26.22. Investors typically compare the P/E ratio to a company's peers in the industry. The CTXS value stock report compares CTXS to some of its peers using value stock charts. The stock has a market capitalization of $12.05 billion. CTXS's next earnings release will be on 0000-00-00, which is days away.