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 maximum price target given was 98, implying a possible profit of 22.95 percent. The lowest price target was 61, which equates to a potential downside of -23.47 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -5 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.11 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of CTXS's earnings is estimated by analysts to be 28.4 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CTXS is 0.92.
In the last 52-weeks, CTXS has achieved a high of 87.99 and a low of 64.18. The current market price is above the trailing year's low by 24.2 percent, and 9.41 percent below the high. 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.