Stock To Watch: Citrix Systems, Inc. (NASDAQ:CTXS)


The leading market experts have placed a mean price target of $89.86 on Citrix Systems, Inc. (NASDAQ:CTXS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.49 a share for the upcoming quarter and $5.06 for the current fiscal. Technical View The technical analysis of Citrix Systems, Inc. plainly substantiates that the 50-day moving average of Citrix Systems, Inc. is $84.10, and stock is hovering 0.90 or +1.07% distant from $84.10. It is noted that the 200-day MA is $78.84, and Citrix Systems, Inc. stock is $6.16 or +7.81% off from this point. Citrix Systems, Inc. (NASDAQ:CTXS) 52-week high is $90.00 and the 52-week low is $60.91. This explains if the stock moves $-5.00, it will post a 52-week high. In event of $+39.55% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Citrix Systems, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Citrix Systems, Inc. (NASDAQ:CTXS) ratio came in at 34.25. The stock last ended the trading session at $85.00 and registered a market cap of $13.32B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Citrix Systems, Inc. (NASDAQ:CTXS) PEG ratio is at 1.10.

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