|Bid||148.15 x 800|
|Ask||149.00 x 900|
|Day's range||141.72 - 148.50|
|52-week range||90.28 - 155.10|
|Beta (5Y monthly)||0.28|
|PE ratio (TTM)||26.00|
|Earnings date||22 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||1.40 (0.99%)|
|Ex-dividend date||04 Jun 2020|
|1y target est||149.94|
Citrix Systems (CTXS) closed the most recent trading day at $141.19, moving +1.42% from the previous trading session.
Autodesk (ADSK) first-quarter fiscal 2021 results reflect higher subscription revenues, gross margin expansion and lower operating expenses despite softness in software spending.
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.
Citrix (CTXS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Citrix Systems, Inc. (NASDAQ:CTXS) (the "Company"), today announced that, due to the public health impact of the novel coronavirus (COVID-19) pandemic and in order to support the health and well-being of its shareholders, employees and greater community, the format of the Company’s 2020 Annual Meeting of Shareholders (the "Annual Meeting") will be virtual only. As previously announced, the Annual Meeting will be held at 5:00 p.m., Eastern time, on Wednesday, June 3, 2020. Shareholders will not be able to attend the Annual Meeting in person.
Remote work has become the new normal. And traditional methods of securing corporate networks no longer cut it. The abrupt and significant increase in the number of employees working from home has expanded the attack surface and threats that companies must guard against. And Citrix Systems, Inc. (NASDAQ: CTXS) and global cybersecurity leader Check Point Software Technologies are teaming help them do it. The companies today announced plans to enable easy deployment and management of additional next-generation firewalls within Citrix SD-WAN to provide companies with extra layers of security to protect their assets at branches and beyond.
As the US economy prepares to re-open, businesses are readying plans to return employees to the office. But as the results of a new survey conducted by OnePoll on behalf of Citrix Systems, Inc. (NASDAQ:CTXS) reveal, a majority of office workers currently working from home due to the coronavirus are reluctant to do so. Despite the relaxing of shelter-in-place orders and increase in safety measures, 64 percent of 2,000 US workers polled say they would not feel comfortable returning to the office for one month or more.
The coronavirus pandemic has sent many stocks into freefall, and for good reason -- many companies have had to cut back their operations and lay off workers due to restrictions and lockdowns. Investors should consider buying these stocks that are poised for even bigger gains this year. Veeva Systems (NYSE: VEEV) stock is up 42% this year, largely thanks to its cloud business.
As IT manager for William Fry, a top-tier corporate law firm, Oisin Concannon is obsessed with security. "Our data is our client's data. We have to treat it with the utmost care," he says. Yet Concannon and his team must also answer calls from the firm’s increasingly mobile employees to access this data when and where they need it to deliver the superior service its clients around the world have come to expect. It’s a dilemma all IT organizations face. And one that William Fry is solving using digital workspace solutions from Citrix Systems, Inc. (NASDAQ: CTXS).
Providing employees with access to their desktops from remote locations used to be a nice thing to do. Today, it’s a requirement to keep employees productive and businesses operating during the COVID-19 crisis. Faced with shelter in place and work from home mandates, many organizations rushed to arm employees with Virtual Private Network solutions (VPN) that allow them to connect to corporate systems. But such offerings have their limitations. A recent Citrix-OnePoll survey of more than 2,000 US employees who work remote found that VPN-based remote work approaches resulted in "slow performance" and "lack of access to all the apps needed to get work done." And further research has uncovered security and privacy concerns.
There’s a lot of digital noise in the workplace today that makes it hard to focus and get things done. KEMET Electronics Corporation is on a mission to quiet things so that its employees can focus and do their best work. And it is leaning on Citrix Systems, Inc. (NASDAQ:CTXS) to achieve it, leveraging the intelligent capabilities within Citrix Workspace to remove the complexity from work and create a highly personalized experience that enables employees to be their most productive.
Citrix Systems, Inc. (NASDAQ:CTXS) today announced that Citrix Application Delivery Controller (ADC) MPX 14000-FIPS 11.1 Platinum Edition has been certified as an approved product by the Department of Defense Information Network (DoDIN).
When remote work moved from something a few people did on occasion to a mandate for nearly all employees, companies around the world scrambled to scale up their resources and enable it. Many fell short, leaving employees to use personal devices to access the systems and information they need to do their jobs. And that’s created a gaping security hole. To help plug it, Citrix Systems, Inc. (NASDAQ:CTXS), has launched App Protection, which enables companies to protect apps and data on unmanaged endpoints and ensure their corporate systems and information remain safe.
It’s being touted as the "new normal." But for most companies and their employees, remote work is anything but. To help them adapt, Citrix Systems (NASDAQ: CTXS), has launched Remote Works, a new virtual series designed to share tips and best practices for staying engaged and productive while working from home.
Many stock investors continue to worry as the COVID-19 pandemic has driven markets lower at record rates. The coronavirus has created a global tragedy with the total number of cases crossing 3 million, and the number of deaths surpassing 208,000 at the time of writing.
These are anxious times – particularly for families struggling with housing, money, parenting, work and health-related issues. And the services that Positive Steps provides to support them across Greater Manchester, United Kingdom are critical. When COVID-19 struck and remote work became a mandate, the non-profit organization had to figure out a way to continue operating without missing a beat. And it found one in Citrix Systems, Inc. (NASDAQ:CTXS). Leveraging the company’s digital workspace solutions, Positive Steps was able to quickly provide access to all of the tools and applications its employees need to work from home and deliver the usual support the organization is known for in a highly unusual environment.
Citrix Systems' (CTXS) first-quarter results benefit from solid adoption of unified workspace solutions driven by coronavirus crisis-induced demand for secure work-from-home solutions.
Citrix (CTXS) delivered earnings and revenue surprises of 47.86% and 17.24%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Citrix Systems, Inc. (NASDAQ: CTXS) today reported financial results for the first quarter ended March 31, 2020 by posting an earnings letter on its Investor Relations website at http://www.citrix.com/investors. Citrix will host a conference call today at 8:15 a.m. ET to address questions.
Snap's (SNAP) Q1 results benefit from growth in DAUs and user engagement levels owing to strong adoption of AR Lenses, Discovery and Show contents.