Analysis Of The Weekly Performance Of Citrix Systems Inc. (CTXS)

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Citrix Systems Inc. (NASDAQ:CTXS) traded with an addition of $0.11 to $103.86 on Thursday, an upside of 0.11 percent. An average of 1,088,648 shares of common stock have been traded in the last five days. There was a gain of $0.24 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 1,045,472 shares traded, while the 50-day average volume stands at 877,983.

CTXS stock has increased by 0.76% in the last month. The company shares reached their 1-month lowest point of $102.10 on 08/29/22. With the stock rallying to its 52-week high on 01/24/22, shares of the company touched a low of $78.07 and a high of $111.88 in 52 weeks. It has reached a new high 5 times so far this year and achieved 9.68% or $9.26 in price. In spite of this, the price is down -7.17% from the 52-week high.


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Insider Transactions

356 days have passed since Citrix Systems Inc. (CTXS) last reported insider trading activity. HENSHALL DAVID J, who is CEO & PRESIDENT, most recently acquired $5,450 shares at $107.96 per share on Oct 01.

Valuation Metrics

Citrix Systems Inc. (CTXS) has a trailing price-to-earnings (P/E) ratio of 39.95. The stock’s beta is 0.08. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.98, the price-to-book (PB) ratio at 15.96, and the price-to-cash flow ratio at 22.06.

The company has a payout ratio of 28.10%. The company’s most recent quarterly dividend payment was $0.37 a share, without any change from last year. Its latest increase dividend $0.02 reported on Wednesday January 20 2021.

Financial Health

The quick ratio of Citrix Systems Inc. for the three months ended June 29 was 0.80, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.92 and a total debt to equity ratio of 4.04 for the quarter ending June 29. Its gross profit as reported stood at $2.59 billion compared to revenue of $3.22 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Citrix Systems Inc.’s return on assets was 4.80%.

Earnings Surprise

For the three-month period that ended June 29, Citrix Systems Inc. had $7.2 million in cash and short-term investments compared to $3.23 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $115.46 million in the quarter, while revenues were grew 45.63%. The analyst consensus anticipated Citrix Systems Inc.’s latest quarter earnings to come in at $1.23 per share, but it turned out to be $1.59, a 29.30% surprise. For the quarter, EBITDA amounted to $260.34 million. Shareholders own equity worth $126.89 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Citrix Systems Inc. (CTXS) price momentum. RSI 9-day as of the close on 21 September was 70.46%, suggesting the stock is Overbought, with historical volatility in this time frame at 1.46%.

As of today, CTXS’s price is $103.71 +0.23% or $0.24 from its 5-day moving average. CTXS is currently trading +1.14% higher than its 20-day SMA and +3.75% higher than its 100-day SMA. However, the stock’s current price level is +1.54% above the SMA50 and +29.54% above the SMA200.

The stochastic %K and %D were 94.74% and 93.40%, respectively, and the average true range (ATR) was 0.33. With the 14-day stochastic at 98.33% and the average true range at 0.42, the RSI (14) stands at 65.72%. The stock has reached 0.10 on the 9-day MACD Oscillator while the 14-day reading was at 0.24.

Analyst Ratings

Citigroup downgraded Citrix Systems Inc. (NASDAQ: CTXS) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Neutral.

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