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Citrix Systems, Inc.
CTXS Details
Citrix Systems, Inc. (NASDAQ: CTXS) makes virtualization software such Virtual Apps and Desktops and Citrix Virtual Apps for desktop virtualization and application virtualization, respectively. It sells and licenses its products through various channels worldwide, including resellers and direct sales over the Internet. CTXS also offers Citrix Endpoint Management for mobile device management, Citrix ADC for application delivery, and Citrix SDWAN for routing, security, and WAN monitoring.
Latest News:
9MFY21 Results:
Key Risks:
Outlook:
Valuation Methodology: Price/Earnings Per Share Multiple Based Relative Valuation
(Analysis by Kalkine Group)
CTXS Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
CTXS' share price has fallen 39.36% in the past nine months and is currently leaning towards the lower-band of the 52-week range of USD 78.72 to USD 145.19. The stock is currently trading below its 50 and 200 DMA levels, and its RSI Index is at 27.48, indicating an oversold zone. We have valued the stock using the Price/Earnings-based relative valuation methodology and arrived at a target price of USD 98.50.
Considering the dip in the stock price, new collaborations, steady dividend yield, robust profitability margins, associated risks, and current valuation, we recommend a "Buy" rating on the stock at the current price of USD 79.49, up 0.98% as of December 02, 2021, 12:11 PM ET.
*All forecasted figures and Industry Information have been taken from REFINITIV.
*The reference data in this report has been partly sourced from REFINITIV.
* Depending upon the risk tolerance, investors may consider unwinding their positions in a respective stock once the estimated target price is reached or if the price closes below the support level.
Xerox Holdings Corporation
XRX Details
Xerox Holdings Corporation (NASDAQ: XRX) is a workplace technology firm that develops and integrates software and hardware for large and small businesses. Equipment, paper and other sales, maintenance agreements, service arrangements, rental, and other financial services are among XRX's core product and service lines. The company has operations in the United States, Europe, Canada, and other nations.
Latest News:
9MFY21 Results:
Key Risks:
Outlook:
Valuation Methodology: EV/EBITDA Multiple Based Relative Valuation
(Analysis by Kalkine Group)
* % Premium/(Discount) is based on our assessment of the company's NTM trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.
XRX Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
XRX's stock price has fallen 23.31% in the past nine months and is currently trading close to the lower-band of the 52-week range of USD 17.59 to USD 26.96. The stock is currently trading below its 50 and 200 DMA levels, and its RSI Index is 49.94. We have valued the stock using the EV/EBITDA multiple-based relative valuation methodology and arrived at a target price of USD 24.30.
Considering the correction in the stock price, proven track record, steady dividend yield, associated risks, and current valuation, we recommend a "Buy" rating on the stock at the current price of USD 19.59, up 2.24% as of December 02, 2021, 10:45 AM ET.
* The reference data in this report has been partly sourced from REFINITIV.
* All forecasted figures and industry information have been taken from REFINITIV.
*Depending upon the risk tolerance, investors may consider unwinding their positions in a respective stock once the estimated target price is reached.
Kalkine Equities LLC provides general information about companies and their securities. The information contained in the reports, including any recommendations regarding the value of or transactions in any securities, does not take into account any of your investment objectives, financial situation or needs. Kalkine Equities LLC is not registered as an investment adviser in the U.S. with either the federal or state government. Before you make a decision about whether to invest in any securities, you should take into account your own objectives, financial situation and needs and seek independent financial advice. All information in our reports represents our views as at the date of publication and may change without notice.
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