Wall Street analysts will be watching closely when Citrix Systems, Inc. (NASDAQ:CTXS) reports its quarterly earnings next, which is scheduled for Wed 23 Jan (In 10 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $1.42 per share. In the preceding quarter, the company reportedly generated EPS of $1.40 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 22.60%, a profit margin of 4.30% and a gross margin of 85.50%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Citrix Systems, Inc. (NASDAQ:CTXS). Most recently, on October 25th, 2018, BofA/Merrill Reiterated a Neutral rating. Before that, on October 19th, 2018, Wedbush Initiated to Neutral. Stifel Reiterated a Hold rating on July 26th, 2018, Robert W. Baird Downgrade an Neutral rating on July 20th, 2018, and Berenberg Downgrade a Hold rating on April 26th, 2018.
At its current price point, combined with the fact that this company has 134.39M shares outstanding, the current market capitalization sits at 14.26B. In the last trading day, 1,300,579 shares of Citrix Systems, Inc. were traded, which compares to its usual volume of about 1.91M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $3.50 in the past five trading days, resulting in a percentage change of +3.41% and a moving average of 104.74. In the past 20 days, its price changed by -$4.18 (which is -3.79%) and the stock’s moving average was 103.95. Looking back a full 50 days, shares of CTXS changed by $4.83 (which is +4.77%) and demonstrated a moving average of 105.77.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 94.40%, a 14-day Stochastic %K score of 85.20% and a 20-day Stochastic %K score of 54.71%. Using a similar metric, Citrix Systems, Inc. (CTXS) shares showed a Stochastic %D of 91.46% over the past 9 days, a Stochastic %D score of 68.48% over the last 14 days, and a 20-day Stochastic %D of 47.81%. Meanwhile, this stock’s MACD Oscillator was 2.07 over the past 9 days, 2.94 over the past two weeks, and 1.65 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $106.14 level. Over the past 12 months, this stock has experienced a high price of $116.82 and a low of $83.70. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Citrix Systems, Inc. (NASDAQ:CTXS) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 13,858,088 shares of the company’s stock following the addition of 474,886 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 10.28% stake in Citrix Systems, Inc. (CTXS)’s shares.
Just in the most recent trading day, Citrix Systems, Inc. (NASDAQ:CTXS) experienced a high price of $106.405 and low point of $105.17. At the end of the last trading session, this stock was at 106.14 per share, following a loss of -$0.61, or 0.27% during the full day.