5 Stocks Pushing The Computer Software & Services Industry Downward

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 46 points (-0.3%) at 15,208 as of Tuesday, June 4, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,093 issues advancing vs. 1,832 declining with 114 unchanged.

The Computer Software & Services industry currently sits down 0.35 versus the S&P 500, which is down 0.24. On the negative front, top decliners within the industry include Fidelity National Information Services ( FIS), down 1.43, Activision Blizzard ( ATVI), down 1.03 and Automatic Data Processing ( ADP), down 0.73.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Citrix Systems ( CTXS) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Citrix Systems is down $1.11 (-1.8%) to $62.23 on average volume Thus far, 870,444 shares of Citrix Systems exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $62.02-$63.33 after having opened the day at $63.13 as compared to the previous trading day's close of $63.34.

Citrix Systems, Inc. provides cloud computing solutions that enable information technology (IT) and service providers to build private and public clouds worldwide. The company operates in two divisions, Enterprise and Online Services. Citrix Systems has a market cap of $12.0 billion and is part of the technology sector. The company has a P/E ratio of 35.4, above the S&P 500 P/E ratio of 17.7. Shares are down 1.9% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate Citrix Systems a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Citrix Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Citrix Systems Ratings Report now.

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