Citrix Systems Inc. Stock Buy Recommendation Reiterated (CTXS)
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- The revenue growth came in higher than the industry average of 3.3%. Since the same quarter one year prior, revenues rose by 13.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- CTXS has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.98 is somewhat weak and could be cause for future problems.
- CITRIX SYSTEMS INC's earnings per share declined by 16.3% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, CITRIX SYSTEMS INC increased its bottom line by earning $1.88 versus $1.45 in the prior year. This year, the market expects an improvement in earnings ($2.81 versus $1.88).
- The gross profit margin for CITRIX SYSTEMS INC is currently very high, coming in at 91.10%. Regardless of CTXS's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, CTXS's net profit margin of 12.19% is significantly lower than the industry average.
- The change in net income from the same quarter one year ago has exceeded that of the Software industry average, but is less than that of the S&P 500. The net income has decreased by 15.1% when compared to the same quarter one year ago, dropping from $92.18 million to $78.25 million.
--Written by a member of TheStreet Ratings Staff. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade
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