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.
CTXS was given price targets by several analysts. The most optimistic price target was 98, implying a possible profit of 22.95 percent. The minimum price target given was 61, implying a possible loss of -23.47 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -5 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.11 percent.
People are often interested in whether analysts were united in the direction of their 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, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CTXS to grow at a rate of 28.4 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. CTXS has a PEG ratio of 0.92.
In the trailing 52-weeks, CTXS hit 87.99 at the highest peak, while it's lowest trading point was 64.18. The current market price is above the trailing year's low by 24.2 percent, and below the high by 9.41 percent. CTXS has a price/earnings 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 market cap of CTXS is $12.05 billion. CTXS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.