ï€ Citrix System, Inc. (CTXS:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 20.1x Uniform P/E. At these levels, markets are pricing in overly-bearish expectations for the firm, and longer-term outperformance would therefore be justified should CTXS just maintain profitability at current levels. That said, management's negative sentiment suggests near-term upside may be limited
ï€ Specifically, although management appears concerned about revenue growth, market expectations are for Uniform ROA to fall to levels not seen since 2003. At these valuations, the firm need only maintain Uniform ROA at current levels to warrant equity upside
Citrix Systems is an enterprise software company. The company markets and licenses its solutions through multiple channels worldwide, including selling through resellers, direct and over the Web. The company's partner community comprises thousands of value-added resellers known as Citrix Solution Advisors, value-added distributors, systems integrators, independent software vendors, original equipment manufacturers and Citrix Service Providers. The company provides solutions and services that it categorizes into three inter-related and complementary areas: Workspace, Networking and Professional Services.
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