Citrix Systems (CTXS)
Citrix Systems Altman Z-Score: 7.843
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CTXS Altman Z-Score Rankings
| Overall | 89th percentile | 378 of 3550 |
| Sector | 84th percentile | 117 of 758 in Technology |
| Industry | 80th percentile | 10 of 52 in Business Software & Services |
CTXS Altman Z-Score Range, Past 5 Years
| Minimum | 4.755 | Mar 2009 |
| Maximum | 9.348 | Sep 2010 |
| Average | 7.126 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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CTXS News
May 24, 1:16PM Street Insider
about 4 days ago by howardlindzon
about 6 days ago by AaronJ
about 7 days ago by MarketBrief
about 7 days ago by HCPG
about 7 days ago by howardlindzon
about 10 days ago by MJTiffany
May 17, 11:01AM Street Insider
about 12 days ago by TechStockRadar
about 12 days ago by chessNwine
about 12 days ago by TheEquitiesRoom
May 11, 8:00AM Business Wire
about 18 days ago by TechStockRadar
about 18 days ago by GarethSoloway
about 19 days ago by abubnic
May 09, 1:30PM Business Wire
about 19 days ago by KlRBY
May 04, 9:41AM Benzinga
Apr 26, 1:06PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CTXS | 75.43 | -0.26 | -0.34% | 14.00B |
| CTWS | 27.65 | -0.09 | -0.32% | 243.04M |
| CTSH | 60.00 | -0.11 | -0.18% | 18.20B |
| CTS | 9.37 | -0.08 | -0.85% | 320.45M |
| CTRP | 18.36 | -0.18 | -0.97% | 2.635B |
| CTRN | 14.11 | -0.19 | -1.33% | 210.94M |
| CSPI | 4.45 | +0.02 | +0.45% | 15.53M |
| CSP | 6.94 | +0.01 | +0.14% | |
| CSOD | 19.86 | -0.29 | -1.44% | 981.28M |
| CSL | 54.23 | -0.65 | -1.18% | 3.384B |
