Related Blog Posts from the Wikinvest Wire
|2/13/12||Bear Market Trading For Maximum Profit (Invest2Success)|
Click Here to Review and Register for the How to Trade in a Fast-Moving Bear Market A Live, Intensive, Online Trading Course February 13, 2012 I've got a new low-risk high-reward short-sell stock pick this week on Citrix Systems hi-tech company. With the major indicies hitting major resistance at this point, a big sharp sell-off could easily hit the market. As the markets are now facing some stiff resistance, today is the beginning of the "How to Trade in a Fast-Moving Bear Market, A Live...
|10/25/11||Citrix Systems, Earnings Estimate $CTXS (Robert Weinstein Trading Blog)|
Earnings Overview for Citrix Systems, Inc. (CTXS) By Robert Weinstein Citrix Systems, Inc. (CTXS) is scheduled to release last fiscal quarter's results before the opening bell on October 27, 2011. CTXS trades an average of 2.8 million shares per day. Citrix Systems, Inc. designs, develops, and markets technology solutions that deliver information technology services on-demand worldwide. The [...]
|10/6/11||(CTXS) Citrix Systems Analyst Remains Neutral (Stock Blog Hub)|
Citrix Systems Inc. (CTXS) declared strong financial results for the second quarter of 2011, beating the Zacks Consensus Estimates. Global trends toward virtualization and cloud computing are facilitating Citrix to report impressive results. Management raised its financial forecast for full-year 2011. As a leading provider of enterprise software with desktop virtualization at its core, the company [...]
|7/27/11||Citrix Systems Inc. (NASDAQ: CTXS): Q2 2011 Earnings Roundup (Stock Wizard)|
Citrix Systems Inc. (NASDAQ: CTXS) late Wednesday announced that its fiscal second-quarter profit surged to $82 million, or 43 cents a share, from $48 million, or 25 cents a share, in the year-earlier quarter. On an adjuste basis, the company 57 cents a share in the latest quarter. Revenue rose to $531 million from $458 million. Analysts, on average, expected the company to report earnings of 55 cents a share on revenue of $522.8 million. "I'm pleased with the financial and...
|7/6/11||(CTXS) Citrix Systems Analyst Downgrades Shares (Stock Blog Hub)|
We downgrade our recommendation on Citrix Systems Inc. (CTXS) to Neutral based on its current valuation. The stock price has soared more than 94% in the last year. Citrix is growing gradually as virtualization and cloud computing becomes essential for large enterprises to reduce costs when the economy begins to recover from the recession. As [...]
|6/15/11||Cotendo Makes Its Mobile Move, Gains Citrix and Juniper Backing (Telecom Ramblings)|
Continuing its attack on the value added end of the CDN marketplace, [company id="cotendo"] unveiled a Mobile Acceleration Suite aimed at the burgeoning wireless content arena. Handling wireless data loads is quickly becoming the most vexing problem of the technology industry for both wireless network operators, who are seeking to align the economics of customer [...]
|6/7/11||Analyst Actions: S, CTXS, XLNX, FTR, EXPE (Stock Wizard)|
Sprint Nextel Corp. (NYSE: S): Stifel Nicolaus downgraded its rating on the company to Sell from Hold citing the company's upcoming unveiling of its 4G strategy, saying the announcement will be more expensive and complicated than previously expected. The firm argues increased level of capex will spur negative free cash flow trends which will linger for the next few years. The firm set a new $4.50 price target on the stock. Citrix Systems (NASDAQ: CTXS): JP Morgan lowered its rating on...
|6/6/11||(CTXS) Citrix Systems Incorporated – Bull of the Day (Stock Blog Hub)|
We upgrade our recommendation on Citrix Systems (CTXS) to Outperform backed by its excellent performance in first-quarter 2011. The company is growing gradually as virtualization and cloud computing becomes essential for large enterprises to reduce costs when the economy begins to recover from recession. As a leading provider of enterprise software with desktop virtualization at its [...]
|4/28/11||Citrix Crushes the Quarter, Shares Zoom (Wall Street Sector Selector)|
Citrix Systems shares are jumping more than 8% to a fresh decade high following robust first-quarter results and a boosted full-year outlook. Barclays says Citrix, a networking software company that provides services such as GoToMeeting, “deliver...
|4/28/11||Analyst Actions: GES, CTXS, TER, URBN, ABX, ESLR (Stock Wizard)|
Guess? (NYSE: GES): Citigroup upgraded its rating on the company to Buy from Hold. The firm lifted its pice target on the stock to $50 from $46. Citrix Systems (NASDAQ: CTXS): BofA/Merrill Lynch upgraded the stock to Neutral from Underperform. Teradyne (NYSE: TER): Piper Jaffray downgraded its rating on the company to Neutral from Overweight. The firm lowered its price target to $18 from $24. Urban Outfitters (NASDAQ: URBN): William Blair downgraded the company to...
|3/30/11||Analyst Actions: DELL, CTXS, PM, KSS (Stock Wizard)|
Dell (NASDAQ: DELL): Needham & Co. this downgraded it rating on the company to Hold from Buy. Citrix Systems, Inc. (NASDAQ: CTXS): Morgan Keegan initiated coverage on the company with an Outperform rating and a price target of $80. Philip Morris International, Inc. (NYSE: PM): Goldman Sachs on Wednesday upgraded its rating on the stock to Conviction Buy from Buy. The firm also raised its price target on the stock to $74 from $72. Kohl's Corp. (NYSE: KSS): Goldman...
|12/17/10||Citrix Goes Global with Deal for Netviewer (Penny Stock DD)|
Even before the phrase "cloud computing" became popular, Citrix Systems (CTXS) was a top player in the industry. Over the years, the company has developed sophisticated technologies to leverage the Internet to share applications and allow groups to collaborate. After being stuck in a trading range for some time, this year the stock of Citrix got [...]
|11/26/10||Some Poor Sales the Past Few Weeks (Fund my Mutual Fund)|
Both Citrix Systems (CTXS) and Tibco Software (TIBX) were sold out of the portfolio when they broke some minor support roughly 2 weeks ago. In retrospect both decisions were poor as the stocks have rebounded nicely. Tibco I can live with as an error as I was probably too eager to sell, but the Citrix Systems situation is the type that makes one scratch their head - the stock closed below a key technical level (50 day moving average) then reversed course as if it never happened. It...
|11/16/10||Bookkeeping: Closing Citrix Systems (CTXS) (Fund my Mutual Fund)|
One thing about how I manage a portfolio is during downtrends I don't need to think that much as I am quite systematic. Once stocks begin breaking support, I head for the hills and hence the portfolio composition changes on its own quite effectively. (granted, you can be whipsawed if the stock - or market- turns on a dime after selling off). Of course the tricky part is knowing when to get back in after the flush of selling. To that end, yesterday I got rid of VMWare (VMW) when the...
|10/26/10||Bookkeeping: Starting Citrix Systems (CTXS) (Fund my Mutual Fund)|
Citrix Systems (CTXS) is actually a quite old tech company that I never owned in all these years. (and I've owned a ton of tech companies) But lately it has been put into the 'cloud' group by the speculator class, so now has new life. Its last earning report was actually quite decent, but as with the whole cloud group it was hit hard by the Equinix (EQIX) warning a few weeks ago. Some stocks have since recovered, while others remain in purgatory in this group. Since CTXS was able to...
|10/22/10||Benzinga's Top Pre-Market NASDAQ Losers (CRUS, CTXS, AMZN, BUCY) (Benzinga)|
Cirrus Logic Inc (NASDAQ: CRUS) dipped 6.17% to $12.92 in the pre-market session. CRUS reported weaker-than-expected Q2 results and issued Q3 revenue projections below analysts' estimates. Citrix Systems Inc (NASDAQ: CTXS) lost 4.14% to $56 in the pre-market session. CTXS posted upbeat Q3 results. Amazon.com Inc (NASDAQ: AMZN) fell 3.47% to $159.25 in the pre-market session. AMZN issued weaker-than-expected operating income projections for fourth quarter. Bucyrus International Inc...
|10/22/10||Citrix Shares Fall Even With Positive Results (Benzinga)|
Citrix Systems (NASDAQ: CTXS) reported solid aggregate 3Q results, but the significant desktop virtualization momentum of the 2Q took a pause. While J.P Morgan views this as logical given the timing of the termination of a previous pricing promotion, the stock seemed to assume otherwise more recently. Non-GAAP EPS of $0.51 (excluding a $0.10 tax benefit and a penny from greater than expected other income) on revenue of $472M exceeded consensus estimates of $0.49 and $458M, respectively. ...
|10/22/10||Oppenheimer Maintains Perform On Citrix (CTXS) (Benzinga)|
Oppenheimer & Co. is maintaining its Perform rating on Citrix Systems, Inc. (NASDAQ: CTXS) after the tech company reported earnings yesterday. In its research report Oppenheimer writes, "While we remain positive on the longer-term VDI opportunity, desktop bookings decline from $90-60M QoQ is concerning, although we expect acceleration in 4Q. Additionally premium valuation at 27x our higher FY11E EPS remains excessive. Maintain Perform." Shares of CTXS are down $1.42 in pre-market...
|10/19/10||VMware Weighs On Cloud Space (VMW, CRM, CTXS, FFIV) (tickerspy.com)|
Virtualization software firm VMware (VMW) slid by -6% on Tuesday after posting its third-quarter results. The company earned $84.6 million, or 20 cents per share, in the three months ended September 30, compared to $38.2 million, or 9 cents per share, in the same period last year. After excluding certain items, the firm's [...]
|10/8/10||Deceleration For CTXS, Price Target Raised (Benzinga)|
Citigroup has issued a research report for Citrix Systems (NASDAQ: CTXS) and forecasts deceleration trends. In the report, Citigroup writes "We noted an expected downtick from some of the larger partners following an aggressive “trade-up” push last quarter. This may disappoint some who have looked for continued sequential growth in XenDesktop bookings (a metric we view as essentially meaningless anyway). The direct and SI-associated business remains difficult to gauge, but is likely...
|9/7/10||(IT) Citrix Systems Penetrates Indian Market (Stock Blog Hub)|
Indian market is abuzz with the immense potential and scope of information technology (IT). The new cloud computing platform, a offering of IT with huge prospects, is gaining enormous popularity in India as it makes using software and application programs considerably easy and hassle free, given that these programs are available on Internet; thereby, the [...]
|4/22/10||(CTXS) Citrix Systems’ Earnings Report Outperforms (Stock Blog Hub)|
Citrix Systems Inc. (CTXS) has declared its financial results for the first quarter of 2010. GAAP net income in the reported quarter was $47 million or 25 cents per share compared to a net income of $7 million or 4 cents per share in the prior-year quarter. However, adjusted (excluding special items) EPS in the [...]
|4/19/10||(CTXS) Citrix Systems First Quarter 2010 Earning Preview (Stock Blog Hub)|
Citrix Systems Inc. (CTXS), a leading provider of virtualization, networking and cloud computing solutions, will declare its first quarter 2010 financial results on April 21 after the market closes. The virtualization market is still reeling under the recession. The broader virtualization market has taken a hit due to the economic downturn as firms tighten their [...]
|2/18/10||Citrix Systems, Inc. (CTXS) Hits 52-Week High (Short-Term Trading)|
Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full NASDAQ:CTXS chart at Wikinvest Citrix and Novell Partner to Extend Customer Choice for Enterprise-Class Virtualization and Cloud Computing Citrix Systems, Inc. (NASDAQ:CTXS) and Novell, Inc. (NASDAQ: NOVL) today announced a collaboration that expands choice for customers through increased virtualization interoperability and new assessment tools to help pinpoint the economically...
|1/28/10||(CTXS) Citrix System’s Outperforms Wall Street’s Expectations (Stock Blog Hub)|
Yesterday, after market close, Citrix System Inc (CTXS) declared financial results for the fourth quarter of 2009. GAAP net income in the reported quarter was $88.2 million or 47 cents per share compared to a net income of $60.1 million or 33 cents per share in the prior-year quarter. However, adjusted (excluding intangible asset amortization [...]
|1/22/10||10 Tech Trends for 2010: #9 WAN (Wide Area Network) Optimization (BCSI, CTXS, FFIV) (tickerspy.com)|
WAN optimization built traction in 2009 a little sooner than I had expected. We saw the stock prices for all the primary players, Blue Coat Systems (BCSI), Citrix (CTXS) and F5 Systems (FFIV) perk up notably following their respective calendar Q2 forecasts that were provided in conjunction with calendar Q1 results. Year-to-date gains from these [...]
|12/3/09||(CTXS) Citrix Systems Initiated as Neutral (Stock Blog Hub)|
We initiate coverage for Citrix Systems Inc. (CTXS) with a Neutral recommendation. The company is a leading provider of virtualization, networking and cloud computing solutions for more than 230,000 organizations worldwide. According to our assessment, the virtualization market will continue to flourish in the long-run with desktop virtualization as its central point. Several enterprises are [...]
|10/22/09||(CTXS) Citrix Systems Beats Estimates in Q3 (Stock Blog Hub)|
Citrix System Inc. (CTXS) declared better-than-expected third quarter results yesterday. GAAP net income in the reported quarter was $53.4 million or 29 cents per share, compared to a net income of $49.2 million or 26 cents per share in the prior-year quarter. However, adjusted (excluding intangible asset amortization and restructuring charges) EPS was 34 cents, [...]
|1/18/08||Pre Market - January 18th 2008 (Stock Market Analysis, Trading, And Financial Commentary - Rebel Traders)|
Futures are up significantly this morning on a few factors. Options expiration day Pre market short covering ahead of President Bush's speech today concerning economy. He may discuss economic stimuli. General Electric (GE) announced earnings and [...]
|1/19/06||Earnings Movers - Citrix System (CTXS), Logitech (LOGI) (Self Investors)|
I'm going to try something new for this round of earnings. IN the past I've tried to highlight several earnings reports in the morning and the evening, but it just got to be too much. What I'm going to do is let the market sort out the good reports from the bad and will post [...]