Citrix Systems powers business mobility through secure, mobile workspaces that provide people with instant access to apps, desktops, data and communications on any device, over any network and cloud. The company was founded in 1989 and is based in Fort Lauderdale, Florida.
CTXS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CTXS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Citrix Systems Inc ranked in the 24th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for CTXS, they are:
The compound growth rate in the free cash flow of Citrix Systems Inc over the past 5.75 years is -0.01%; that's higher than only 19.49% of free cash flow generating stocks in the Technology sector.
The business' balance sheet suggests that 10% of the company's capital is sourced from debt; this is greater than merely 21.88% of the free cash flow producing stocks we're observing.
Citrix Systems Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ITRI, NUAN, AKAM, BLKB, and ESE can be thought of as valuation peers to CTXS, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Citrix (CTXS) declares $0.35/share quarterly dividend, in line with previous.Payable June 19; for shareholders of record June 5; ex-div June 4.See CTXS Dividend Scorecard, Yield Chart, & Dividend Growth....
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The coronavirus has challenged IT organizations around the world in ways unimaginable. But new research conducted by Censuswide on behalf of Citrix Systems, Inc. NASDAQ:CTXS), shows they are rising to the occasion, accelerating their digital transformation efforts to accommodate more flexible ways of working they say employees will demand even after the pandemic subsides. Over three-quarters of more than 3,700 IT leaders in seven countries surveyed believe a majority of workers will be reluctant to return to the office as it was. And 62 percent say they are expediting their move to the cloud as a result.