Citrix Systems, Inc. (NASDAQ:CTXS) declared a dividend on Wednesday, October 23rd, Fidelity reports. Investors of record on Friday, December 6th will be paid a dividend of 0.35 per share by the cloud computing company on Friday, December 20th. The ex-dividend date is Thursday, December 5th.
CTXS traded down $0.97 during midday trading on Tuesday, reaching $110.94. The company’s stock had a trading volume of 270,882 shares, compared to its average volume of 1,779,422. Citrix Systems has a 1 year low of $90.28 and a 1 year high of $114.73. The stock’s 50-day moving average is $108.75 and its 200-day moving average is $99.13. The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 4.46 and a beta of 1.06. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 1.35.
Citrix Systems (NASDAQ:CTXS) last issued its quarterly earnings results on Thursday, October 24th. The cloud computing company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.27. Citrix Systems had a return on equity of 97.57% and a net margin of 21.33%. The firm had revenue of $733.00 million for the quarter, compared to analysts’ expectations of $715.05 million. During the same period in the previous year, the firm posted $1.40 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. As a group, equities research analysts forecast that Citrix Systems will post 3.85 earnings per share for the current fiscal year.
In other news, CEO David J. Henshall sold 6,353 shares of Citrix Systems stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $96.95, for a total value of $615,923.35. Following the completion of the sale, the chief executive officer now directly owns 345,511 shares in the company, valued at $33,497,291.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Jessica Soisson sold 5,400 shares of Citrix Systems stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $96.33, for a total transaction of $520,182.00. Following the completion of the sale, the chief accounting officer now owns 32,797 shares of the company’s stock, valued at $3,159,335.01. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 48,311 shares of company stock worth $5,128,666. Company insiders own 0.54% of the company’s stock.
About Citrix Systems
Citrix Systems, Inc provides workspace, networking, and analytics solutions worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops, a cloud-enabled app and desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and Citrix Virtual Apps that allows Windows and Linux applications to be remotely delivered to Macs, PCs, thin clients, and Android/iOS mobile devices from any cloud, on-premises datacenter, or both.
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