Citrix Systems (NASDAQ: CTXS) has recently received a number of price target changes and ratings updates:
Citrix Systems Inc. (NASDAQ:CTXS) opened at 88.31 on Monday. The stock’s 50 day moving average is $85.27 and its 200 day moving average is $85.03. The firm has a market cap of $13.77 billion, a P/E ratio of 29.53 and a beta of 1.66. Citrix Systems Inc. has a one year low of $60.91 and a one year high of $90.00.
Citrix Systems (NASDAQ:CTXS) last announced its earnings results on Wednesday, October 19th. The cloud computing company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.13. The firm earned $841.30 million during the quarter, compared to analysts’ expectations of $827.21 million. Citrix Systems had a return on equity of 32.90% and a net margin of 13.69%. The company’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.04 earnings per share. On average, equities research analysts expect that Citrix Systems Inc. will post $5.20 earnings per share for the current year.