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7.56143667296099E-05 -0.000907372400756178 -0.00249527410207927 -0.00181474480151236 -0.0020415879017014 -0.00120982986767483 -0.00120982986767483 -0.00120982986767483
Stock impact report

Citrix Systems Aiming For Double Digit Growth By 2022 [Forbes]

Citrix Systems, Inc. (CTXS) 
Last citrix systems, inc. earnings: 4/23 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.citrix.com/investor-relations
Company Research Source: Forbes
BRAZIL - 2019/07/04: In this photo illustration a Citrix Systems logo seen displayed on a... [+]smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)Investors these days love fast growth. So it comes as no surprise that a modestly-growing company would lag the stock market.This comes to mind in considering 30 year old Citrix Systems, a Fort Lauderdale, Florida-based virtual software provider whose top-line growth has averaged a modest 4.6% over the last three years.Along with that modest growth has come market-lagging stock market performance. In the year ending February 17, Citrix stock is up almost 8.6% — about half the S&P 500’s 16.6% increase, according toMorningstarMORNCould Citrix stock pipe up? If so, it will need to grow its top line faster. In a February 16 interview, CEO David Henshall told me that Citrix will enjoy “double digit growth” by 2022.Is that a reason to buy the stock (in which I have no financial interest)? Here are three re Show less Read more
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