NEW YORK (TheStreet) -- Shares of Citrix Systems were falling 5.1% to $61.36 after-hours Thursday after the business software company lowered its forecast for the first quarter. Citrix lowered its EPS estimates for the first quarter to a range of 63 cents to 65 cents from its previous guidance of 70 cents to 72 cents. The company also lowered its revenue estimates for the quarter to a range of $755 million to $760 million, down from $780 million to $790 million. Analysts expect the company to report earnings of 72 cents a share and revenue of $786.76 million for the first quarter. Citrix President and CEO Mark Templeton said, "We underestimated the impact caused by our restructuring, organizational evolution, and changes to our field and channel strategies, which were the result of important decisions made to get the business ready for our next phase of growth. Additionally, the increase in foreign exchange volatility impacted results and customer-buying behavior to a larger extent than anticipated in the quarter." TheStreet Ratings team rates CITRIX SYSTEMS INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation: "We rate CITRIX SYSTEMS INC (CTXS) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and feeble growth in the company's earnings per share." Highlights from the analysis by TheStreet Ratings Team goes as follows: Despite its growing revenue, the company underperformed as compared with the industry average of 9.9%. Since the same quarter one year prior, revenues slightly increased by 6.1%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share. Compared to where it was a year ago today, the stock is now trading at a higher level, regardless of the company's weak earnings results. Despite the fact that it has already risen in the past year, there is currently no conclusive evidence that warrants the purchase or sale of this stock. The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Software industry. The net income has significantly decreased by 31.3% when compared to the same quarter one year ago, falling from $138.64 million to $95.23 million. Net operating cash flow has decreased to $190.43 million or 22.90% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower. You can view the full analysis from the report here: CTXS Ratings Report Must Read: Warren Buffett's Top 25 Stocks for 2015
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