Should I buy or sell Citi Trends stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CTRN shares. View CTRN analyst ratings or view top-rated stocks .

What is Citi Trends' stock price target for 2024?

3 brokerages have issued twelve-month price objectives for Citi Trends' shares. Their CTRN share price targets range from $21.00 to $35.00. On average, they expect the company's stock price to reach $29.33 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price. View analysts price targets for CTRN or view top-rated stocks among Wall Street analysts .

How have CTRN shares performed in 2023?

Citi Trends' stock was trading at $26.48 at the start of the year. Since then, CTRN stock has decreased by 12.7% and is now trading at $23.13. View the best growth stocks for 2023 here .

When is Citi Trends' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 19th 2024. View our CTRN earnings forecast .

How were Citi Trends' earnings last quarter?

Citi Trends, Inc. (NASDAQ:CTRN) released its quarterly earnings results on Tuesday, November, 28th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by $0.39. The business earned $179.52 million during the quarter. Citi Trends had a net margin of 2.59% and a negative trailing twelve-month return on equity of 1.02%.

What other stocks do shareholders of Citi Trends own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Citigroup (C) , Tapestry (TPR) , Tesla (TSLA) , Verizon Communications (VZ) , International Business Machines (IBM) , Pfizer (PFE) , Walgreens Boots Alliance (WBA) , Wells Fargo & Company (WFC) , AbbVie (ABBV) and Broadcom (AVGO) .

Who are Citi Trends' major shareholders?

Citi Trends' stock is owned by a number of retail and institutional investors. Top institutional investors include Cooper Creek Partners Management LLC (6.38%), Jennison Associates LLC (4.40%), Bank of New York Mellon Corp (3.18%), AWM Investment Company Inc. (3.10%), Ameriprise Financial Inc. (2.41%) and Charles Schwab Investment Management Inc. (2.26%). Insiders that own company stock include Charles J Hynes , Christina M Francis , Christina Short, David N Makuen , Fund 1 Investments, Llc, Ivy D Council , James A Dunn, James A Dunn , Jason Moschner , Jessica Berkowitz, Jonathan Duskin, Kenneth Duane Seipel , Lisa A Powell and Margaret L Jenkins . View institutional ownership trends .

How do I buy shares of Citi Trends?

Shares of CTRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Citi Trends Stock Price, News & Analysis (NASDAQ:CTRN)

$23.13

-0.08 (-0.34%)

(As of 04:00 PM ET)

Compare

Today's Range: $22.51
▼
$24.02
50-Day Range: $20.54
▼
$26.44
52-Week Range: $14.20
▼
$34.94

Volume: 159,503 shs
Average Volume: 121,550 shs
Market Capitalization: $197.99 million

P/E Ratio: 9.60
Dividend Yield: N/A
Price Target: $29.33

Citi Trends MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 26.8% Upside
$29.33 Price Target
Short Interest: Bearish
10.71% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.35
Based on 13 Articles This Week
Insider Trading: Acquiring Shares
$1.02 M Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars

Retail/Wholesale Sector

112th out of 203 stocks

Apparel & Accessory Stores Industry

3rd out of 7 stocks

3.5

Analyst's Opinion

Consensus Rating
Citi Trends has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.33, Citi Trends has a forecasted upside of 26.8% from its current price of $23.13.
Amount of Analyst Coverage
Citi Trends has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
10.71% of the float of Citi Trends has been sold short.
Short Interest Ratio / Days to Cover
Citi Trends has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Citi Trends has recently decreased by 1.21%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Citi Trends does not currently pay a dividend.
Dividend Growth
Citi Trends does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CTRN.

1.9

News and Social Media Coverage

News Sentiment
Citi Trends has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Citi Trends this week, compared to 2 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Citi Trends insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,015,809.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.20% of the stock of Citi Trends is held by insiders.
Percentage Held by Institutions
91.14% of the stock of Citi Trends is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Citi Trends is 9.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Citi Trends is 9.60, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.44.
Price to Book Value per Share Ratio
Citi Trends has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Citi Trends Stock (NASDAQ:CTRN)

Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. It offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids uniforms and accessories. The company also provides accessories and beauty products that include handbags, luggage, hats, belts, sunglasses, jewelry, and watches, as well as undergarments and outerwear for men and women. In addition, it offers home and lifestyle products comprising home products for the bedroom, bathroom, kitchen, and decorative accessories; and food, tech, team sports, and health products, as well as seasonal items, books, and toys. The company provides its products primarily to African American and multicultural families in the United States. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.

CTRN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CTRN Stock News Headlines

November 29, 2023 | finance.yahoo.com

Q3 2023 Citi Trends Inc Earnings Call

November 28, 2023 | finance.yahoo.com

Why Citi Trends Stock Trended Down Today

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 28, 2023 | fool.com

Citi Trends (CTRN) Q3 2023 Earnings Call Transcript

November 28, 2023 | msn.com

Why Specialty Value Retailer Citi Trends Shares Are Plunging Today

November 28, 2023 | markets.businessinsider.com

Citi Trends Shares Drop After Q3 Results Fell Short Of Analysts' View

November 28, 2023 | cnn.com

Citi Custom Cash credit card review 2023

November 28, 2023 | markets.businessinsider.com

Citi Trends Slips To Wider-Than-Expected Loss In Q3, Updates FY23 Outlook

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 28, 2023 | finance.yahoo.com

Citi Trends Announces Third Quarter 2023 Results

November 28, 2023 | finance.yahoo.com

Citi Trends Inc (CTRN) Reports Decline in Q3 Sales and Earnings

November 27, 2023 | msn.com

Citi Trends Q3 2024 Earnings Preview

November 23, 2023 | uk.investing.com

Citi Trends Inc (CTRN)

November 21, 2023 | americanbankingnews.com

Citi Trends (CTRN) Set to Announce Earnings on Tuesday

November 17, 2023 | msn.com

Citi employees expecting management reshuffle, layoffs on Monday: sources

November 14, 2023 | finance.yahoo.com

Citi Trends Sets Date for Third Quarter 2023 Earnings Release and Conference Call

November 12, 2023 | morningstar.com

Citi Trends Inc CTRN

November 12, 2023 | finance.yahoo.com

Investors in Citi Trends (NASDAQ:CTRN) have unfortunately lost 21% over the last three years

November 11, 2023 | time.com

Citi ThankYou Rewards Program Guide 2023

October 31, 2023 | finance.yahoo.com

3 Risky Retail Stock Bets That Could Pay Off Big Time

October 26, 2023 | markets.businessinsider.com

Robust Volume Trends and Cost Management Drive Buy Rating for Community Health Despite Downward EBITDA Guidance

October 20, 2023 | cnbc.com

Citi says buy this information technology stock with more than 20% upside

October 7, 2023 | finance.yahoo.com

Fund 1 Investments, LLC Boosts Stake in Citi Trends Inc

October 5, 2023 | msn.com

Police presence at Citi Trends on Victory Drive

October 5, 2023 | msn.com

Police presence at Citi Trends on Victory Dr. in Columbus

September 13, 2023 | markets.businessinsider.com

Analyst Ratings for Citi Trends

September 13, 2023 | markets.businessinsider.com

Benchmark Co. Reaffirms Their Buy Rating on Citi Trends (CTRN)

See More Headlines

Receive CTRN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Citi Trends and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/28/2023
Today: 11/29/2023
Fiscal Year End: 1/31/2024
Next Earnings (Estimated): 3/19/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Apparel & accessory stores
Sub-Industry: Apparel Retail
Sector: Retail/Wholesale
Current Symbol: NASDAQ:CTRN
CUSIP: 17306X10
CIK: 1318484
Web: www.cititrends.com
Phone: (912) 236-1561
Fax: 912-443-3663
Employees: 4,800
Year Founded: 1946

Price Target and Rating

Average Stock Price Target: $29.33
High Stock Price Target: $35.00
Low Stock Price Target: $21.00
Potential Upside/Downside: +23.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.41
Trailing P/E Ratio: 9.87
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $58.89 million
Net Margins: 2.59%
Pretax Margin: 3.21%
Return on Equity: -1.02%
Return on Assets: -0.30%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.30
Quick Ratio: 0.50

Sales & Book Value

Annual Sales: $795.01 million
Price / Sales: 0.26
Cash Flow: $3.23 per share
Price / Cash Flow: 7.36
Book Value: $19.92 per share
Price / Book: 1.19

Miscellaneous

Outstanding Shares: 8,560,000
Free Float: 8,204,000
Market Cap: $203.56 million
Optionable: Optionable
Beta: 2.26

Social Links

Investing Strategies To Help Grow Your Retirement Income

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

Mr. Peter R. Sachse (Age 65)
Executive Chairman
Comp: $150k
Mr. David N. Makuen (Age 55)
CEO & Director
Comp: $715.01k
Ms. Heather Plutino (Age 51)
CFO, Principal Financial Officer & Executive VP
Comp: $522.52k
Ms. Lisa A. Powell (Age 53)
Executive VP & Chief Merchandising Officer
Comp: $480k
Ms. Jessica G. Berkowitz (Age 44)
Senior Vice President of Planning & Allocation
Mr. Vivek Bhargava (Age 51)
Senior Vice President of Supply Chain Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CTRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Citi Trends stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CTRN shares.
View CTRN analyst ratings or view top-rated stocks.
What is Citi Trends' stock price target for 2024?: 3 brokerages have issued twelve-month price objectives for Citi Trends' shares. Their CTRN share price targets range from $21.00 to $35.00. On average, they expect the company's stock price to reach $29.33 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price.
View analysts price targets for CTRN or view top-rated stocks among Wall Street analysts.
How have CTRN shares performed in 2023?: Citi Trends' stock was trading at $26.48 at the start of the year. Since then, CTRN stock has decreased by 12.7% and is now trading at $23.13.
View the best growth stocks for 2023 here.
When is Citi Trends' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 19th 2024.
View our CTRN earnings forecast.

How were Citi Trends' earnings last quarter?: Citi Trends, Inc. (NASDAQ:CTRN) released its quarterly earnings results on Tuesday, November, 28th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by $0.39. The business earned $179.52 million during the quarter. Citi Trends had a net margin of 2.59% and a negative trailing twelve-month return on equity of 1.02%.
What other stocks do shareholders of Citi Trends own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Citigroup (C), Tapestry (TPR), Tesla (TSLA), Verizon Communications (VZ), International Business Machines (IBM), Pfizer (PFE), Walgreens Boots Alliance (WBA), Wells Fargo & Company (WFC), AbbVie (ABBV) and Broadcom (AVGO).
Who are Citi Trends' major shareholders?: Citi Trends' stock is owned by a number of retail and institutional investors. Top institutional investors include Cooper Creek Partners Management LLC (6.38%), Jennison Associates LLC (4.40%), Bank of New York Mellon Corp (3.18%), AWM Investment Company Inc. (3.10%), Ameriprise Financial Inc. (2.41%) and Charles Schwab Investment Management Inc. (2.26%). Insiders that own company stock include Charles J Hynes, Christina M Francis, Christina Short, David N Makuen, Fund 1 Investments, Llc, Ivy D Council, James A Dunn, James A Dunn, Jason Moschner, Jessica Berkowitz, Jonathan Duskin, Kenneth Duane Seipel, Lisa A Powell and Margaret L Jenkins.
View institutional ownership trends.
How do I buy shares of Citi Trends?: Shares of CTRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CTRN) was last updated on 11/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Citi Trends Stock Price, News & Analysis (NASDAQ:CTRN)

Citi Trends MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Citi Trends Stock (NASDAQ:CTRN)

CTRN Stock Price History

CTRN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CTRN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™