Citrix Systems, Inc. (CTXS) : Q315 Earnings Whisper

Citrix Systems, Inc. (CTXS) is scheduled to report third-quarter 2015 results after the market close today. The Street has consensus estimates of $0.84 in earnings per share and $786 million in revenue. In the 3Q of the previous year the provider of virtualization, mobility management and networking solutions posted $0.75 in EPS and $759 million in revenue. Meanwhile, reports a whisper number of $0.89 per share.

As a quick reminder, CTXS reported Q215 EPS of $1.00, $0.18 better than the Street’s consensus estimate of $0.82. Revs increase 1.97% year-over-year to $797 million versus the $790.37 million consensus.

On valuation measures, Citrix Systems shares are currently priced at 44.42x this year’s forecasted earnings, compared to the industry’s 10.30x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.50 and 18.57, respectively. Price/sales for the same period is 3.85 while EPS is 1.69. Currently there are 12 analysts that rate CTXS a ‘Buy’, 17 rate it a ‘Hold’. 2 analysts rate it a ‘Sell’. CTXS has a median Wall Street price target of $78.50 with a high target of $96.

In the past 52 weeks, shares of Fort Lauderdale, Florida-based company have traded between a low of $56.47 and a high of $78.42 and are now at $75.11.

Shares are up 16.48% year-over-year and 19% year-to-date.

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