Citrix Systems, Inc. (NASDAQ:CTXS) announced a dividend on Wednesday, October 23rd, Fidelity reports. Investors of record on Friday, December 6th will be given a dividend of 0.35 per share by the cloud computing company on Friday, December 20th. The ex-dividend date of this dividend is Thursday, December 5th.
Citrix Systems stock traded down $0.62 during midday trading on Tuesday, hitting $111.29. 13,346 shares of the company’s stock were exchanged, compared to its average volume of 1,779,422. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.73 and a current ratio of 0.74. The stock has a market cap of $14.69 billion, a price-to-earnings ratio of 24.27, a price-to-earnings-growth ratio of 4.46 and a beta of 1.06. Citrix Systems has a 12-month low of $90.28 and a 12-month high of $114.73. The firm’s 50 day simple moving average is $108.75 and its 200 day simple moving average is $99.13.
Citrix Systems (NASDAQ:CTXS) last announced its earnings results on Thursday, October 24th. The cloud computing company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.27. The business had revenue of $733.00 million during the quarter, compared to analysts’ expectations of $715.05 million. Citrix Systems had a net margin of 21.33% and a return on equity of 97.57%. The business’s revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.40 earnings per share. On average, equities research analysts forecast that Citrix Systems will post 3.85 EPS for the current fiscal year.
In related news, EVP Rotterdam Jeroen Van sold 7,956 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $108.12, for a total transaction of $860,202.72. Following the sale, the executive vice president now owns 48,287 shares of the company’s stock, valued at $5,220,790.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Jessica Soisson sold 5,400 shares of the company’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $96.33, for a total transaction of $520,182.00. Following the transaction, the chief accounting officer now owns 32,797 shares in the company, valued at $3,159,335.01. The disclosure for this sale can be found here. Insiders sold 48,311 shares of company stock valued at $5,128,666 in the last quarter. 0.54% of the stock is currently owned by company insiders.
Citrix Systems Company Profile
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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