Citrix Systems Stock Earnings Report NASDAQ:CTXS
Current P/E ratio: 36.18 | Price (June 14, 2021, EOD): $120.66 (Find current average P/E ratios for all sectors below)
CTXS Upcoming EarningsCurrently no data available.
CTXS Analysts Price TargetsCurrently no data available.
About Citrix Systems
Citrix Systems, Inc. develops and sells products and services that enable delivery of applications and data over public, private, or hybrid clouds or networks to various types of devices. The companys Enterprise and Service Provider segment provides XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; XenMobile Enterprise to manage mobile devices, apps, and data; Citrix Workspace Suite, a business mobility solution; and NetScaler, an all-in-one application delivery controller. Its Mobility Apps segment provides GoToMeeting for online meetings, sales demonstrations, and collaborative gatherings; GoToWebinar, a do-it-yourself Webinar product; GoToTraining, an online training product; OpenVoice, a reservation-less audio conferencing service; and Grasshopper, a cloud-based telephony solutions for small businesses. This division also provides ShareFile, a cloud-based file sharing and storage solution for businesses; GoToMyPC, an online service that enables mobile workstyles by providing remote access to a PC or Mac from virtually Internet-connected computer, as well as from supported iOS or Android mobile devices; and GoToAssist, which offers cloud-based information technology support solutions. In addition, it offers license updates and maintenance services, including subscription, technical support, and hardware and software maintenance services; and consulting, and product training and certification services. Citrix Systems, Inc. markets and licenses its products through systems integrators, resellers, distributors, original equipment manufacturers, and service providers, as well as directly to customers worldwide. The company, formerly known as Citrus Systems, Inc., was founded in 1989 and is headquartered in Fort Lauderdale, Florida.
Last 3 Quarters for CTXS Premium
Below you can see how CTXS performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Average Sector P/E ratio
Is your stock priced above or below the average P/E ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. For example, a company with a current P/E of 25, trades at 25 times today's earnings.
|Name||Number of firms||Average PE|
|Auto & Truck||13||15|
|Bank (Money Center)||7||11|
|Brokerage & Investment Banking||39||14|
|Business & Consumer Services||165||32|
|Coal & Related Energy||22||7|
|Electronics (Consumer & Office)||20||18|
|Environmental & Waste Services||82||70|
|Financial Svcs. (Non-bank & Insurance)||232||36|
|Green & Renewable Energy||22||88|
|Healthcare Support Services||128||131|
|Heathcare Information and Technology||129||132|
|Investments & Asset Management||192||120|
|Metals & Mining||92||37|
|Office Equipment & Services||22||16|
|Oil/Gas (Production and Exploration)||269||19|
|Packaging & Container||24||43|
|Publishing & Newspapers||31||28|
|Real Estate (Development)||20||146|
|Real Estate (General/Diversified)||12||31|
|Real Estate (Operations & Services)||57||23|
|Retail (Building Supply)||17||202|
|Retail (Grocery and Food)||13||38|
|Retail (Special Lines)||89||25|
|Shipbuilding & Marine||10||30|
|Software (System & Application)||363||144|
|Total Market (without financials)||5878||62|
Updated: Jan 2020
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