Citrix Systems Incorporated
CTXS:NASDAQ
| Last | Change / % Change | Dividend Yield | Volume |
| 67.89 | -0.1600 -0.24% | 0.00% | 1,670,653 |
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Latest News Headlines for Citrix Systems Incorporated
Potential Citrix Systems (CTXS) Trade Has 5.14% Downside Protection
Citrix Systems Inc (NASDAQ: CTXS) closed Friday's trading session at $68.05. In the past year, the stock has hit a 52-week low of $40.33 and 52-week high of $71.93. Citrix Systems stock has been showing support around $67.16 and resistance in the $68.66 range. Technical indicators for the stock are Bullish and S&P; gives CTXS a neutral 3 STARS (out of 5) hold rating. For a hedged play on this stock, look at the Mar '11 $70.00 covered call for a net debit in the $64.55 area. That is also the break-even stock price for this trade. This covered call has a duration of 60 days, provides 5.14% downside protection and an assigned return rate of 8.44% for an annualized return rate of 51.36% (for comparison purposes only). A lower-cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the CTXS Jan '12 $40.00 call and selling the Mar '11 $70.00 call for a total debit of $26.45. The trade has a lifespan of 60 days and would provide 2.35% downside protection and an assigned return rate of 13.42% for an annualized return rate of 82% (for comparison purposes only). Citrix Systems does not pay dividends at this time.
Citrix Systems to Announce Fourth Quarter and Fiscal Year 2010 Financial Results on Wednesday, January 26
Citrix Systems, Inc. (NASDAQ:CTXS), today announced that it plans to
report financial results for the fourth quarter and full year ended
December 31, 2010 on Wednesday, January 26, 2011 after the close of the
market. Citrix will host a conference call at 4:45 p.m. ET the same day
to discuss its financial results, quarterly highlights and business
outlook. The call will include a slide presentation, and participants
are encouraged to listen to and view the presentation via webcast at http://www.citrix.com/investors.
GlassHouse Technologies recives investment from Citrix Systems
View more recent headlinesGlassHouse Technologies, Inc., an independent IT infrastructure consulting and services company, has received a strategic investment from Citrix Systems, Inc., a provider of virtual computing solutions. Both the companies are based in the US.
Company Background
Citrix Systems, Inc. (Citrix) designs, develops and markets technology solutions that enable information technology (IT) services to be delivered through its virtual computing infrastructure on demand, independent of location, device or network. During the year ended December 31, 2009, Citrix serves over 230,000 customers and over 100 million users in over 100 countries. Its products and services include desktop solutions, which include XenDesktop, XenApp, and online services, which include GoToMeeting, GoToTraining, GoToAssist and GoToMyPC, and Datacenter and Cloud Solutions, which include CitrixXenServer and Citrix Essentials for XenServer and Hyper-V.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 68.00 | Previous Close 68.05 |
Day High 68.46 | Day Low 67.28 |
52wk High/Date 71.93 / 9/28/2010 | 52wk Low/Date 40.33 / 6/8/2010 |
Beta 1.04 | Market Capitalization 12.75B |
Shares Outstanding 187.77M | Volatility Avg 37.98 |
Avg Vol(10 day) 2.08M | P/E Ratio 47.4x |
EPS (TTM) 1.43 | Annualized Rate -- / -- |
Yield 0.00% | Dividend Announcement -- |
Ex-Date -- | Date of Record -- |
Payable 0.00 - -- | Payable Date -- |
Last Trade as of 1/18/2011 4:00 PM ET | |
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CTXS Citrix Systems Incorporated vs. Peers
| Peers | |
CTXS Citrix Systems Incorporated | -0.53% |
| VMW VMware, Inc. | 9.10% |
| LOGM LogMeIn, Inc. | 2.05% |
| MSFT Microsoft Corporation | 1.40% |
| CSCO Cisco Systems, Inc. | 4.84% |
CTXS Citrix Systems Incorporated | 0.00% |
| VMW VMware, Inc. | -- |
| LOGM LogMeIn, Inc. | -- |
| MSFT Microsoft Corporation | 2.26% |
| CSCO Cisco Systems, Inc. | -- |
CTXS Citrix Systems Incorporated | -0.24% |
| VMW VMware, Inc. | -0.22% |
| LOGM LogMeIn, Inc. | 0.99% |
| MSFT Microsoft Corporation | 1.27% |
| CSCO Cisco Systems, Inc. | 0.02% |