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


The leading market experts have placed a mean price target of $88.13 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 $1.18 a share for the upcoming quarter and $4.98 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 $84.41, and stock is hovering -3.86 or -4.57% distant from $84.41. It is noted that the 200-day MA is $76.84, and Citrix Systems, Inc. stock is $3.71 or +4.83% 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 $-9.45, it will post a 52-week high. In event of $+32.24% 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 34.19. The stock last ended the trading session at $80.55 and registered a market cap of $12.49B. 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 1.12.

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