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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Is AMC Entertainment Pulling a Fast One on the APEs?
The Five Hottest Calls From The Q2 Earnings Season 
Buffett's firm buys more Apple, Amazon while betting on oil
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
Bargain in Today's Market (SHOCKING) (Ad)pixel
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Is AMC Entertainment Pulling a Fast One on the APEs?
The Five Hottest Calls From The Q2 Earnings Season 
Buffett's firm buys more Apple, Amazon while betting on oil
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
Bargain in Today's Market (SHOCKING) (Ad)pixel
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Is AMC Entertainment Pulling a Fast One on the APEs?
The Five Hottest Calls From The Q2 Earnings Season 
Buffett's firm buys more Apple, Amazon while betting on oil
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
Bargain in Today's Market (SHOCKING) (Ad)pixel
NASDAQ:CTRN

Citi Trends - CTRN Stock Forecast, Price & News

$31.39
-0.42 (-1.32%)
(As of 08/15/2022 12:00 AM ET)
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Compare
Today's Range
$30.63
$31.70
50-Day Range
$20.51
$31.81
52-Week Range
$20.42
$97.46
Volume
141,039 shs
Average Volume
460,300 shs
Market Capitalization
$263.52 million
P/E Ratio
4.40
Dividend Yield
N/A
Price Target
$47.25

Citi Trends MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
50.5% Upside
$47.25 Price Target
Short Interest
Bearish
22.61% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.39mentions of Citi Trends in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
32.54%
From $2.52 to $3.34 Per Share

Overall MarketRank

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

2.44 out of 5 stars

Retail/Wholesale Sector

85th out of 219 stocks

Apparel & Accessory Stores Industry

3rd out of 8 stocks

CTRN stock logo

About Citi Trends (NASDAQ:CTRN) Stock

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 Latinx families in the United States. As of January 29, 2022, it operated 609 stores in urban and rural markets in 33 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.

Citi Trends Stock Down 1.3 %

Shares of CTRN traded down $0.42 during midday trading on Monday, hitting $31.39. The company's stock had a trading volume of 141,039 shares, compared to its average volume of 460,300. Citi Trends has a one year low of $20.42 and a one year high of $97.46. The company's fifty day simple moving average is $24.88 and its two-hundred day simple moving average is $30.95. The stock has a market capitalization of $263.52 million, a price-to-earnings ratio of 4.40 and a beta of 1.97.

Citi Trends (NASDAQ:CTRN - Get Rating) last issued its quarterly earnings results on Tuesday, May 24th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.08. Citi Trends had a return on equity of 27.43% and a net margin of 6.73%. The company had revenue of $208.22 million for the quarter, compared to analyst estimates of $207.10 million. During the same quarter last year, the company posted $3.23 EPS. On average, research analysts predict that Citi Trends will post 2.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Telsey Advisory Group dropped their price objective on Citi Trends to $45.00 in a report on Wednesday, May 25th. Benchmark dropped their price objective on Citi Trends to $50.00 in a report on Wednesday, May 25th. Finally, Craig Hallum cut Citi Trends from a "buy" rating to a "hold" rating and dropped their price objective for the company from $80.00 to $34.00 in a report on Friday, May 20th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $47.25.

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CTRN Stock News Headlines

CFO joins Citi Trends from Bed Bath & Beyond
Citi Trends Q1 sales decline
Citi Trends (CTRN) Q1 2022 Earnings Call Transcript
Citi Trends Announces First Quarter 2022 Results
Citi Trends Q1 2023 Earnings Preview
Earnings Outlook For Citi Trends
See More Headlines
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CTRN Company Calendar

Last Earnings
5/24/2022
Today
8/15/2022
Next Earnings (Confirmed)
8/24/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Apparel & accessory stores
Sub-Industry
Apparel Retail
Current Symbol
NASDAQ:CTRN
CUSIP
17306X10
Employees
5,400
Year Founded
1946

Price Target and Rating

Average Stock Price Forecast
$47.25
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+50.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$62.24 million
Pretax Margin
8.73%

Debt

Sales & Book Value

Annual Sales
$991.59 million
Cash Flow
$9.60 per share
Book Value
$13.66 per share

Miscellaneous

Free Float
8,042,000
Market Cap
$263.52 million
Optionable
Optionable
Beta
1.97

Social Links















CTRN Stock - Frequently Asked Questions

Should I buy or sell Citi Trends stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last twelve months. There are currently 1 hold rating and 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 forecast for 2022?

4 Wall Street analysts have issued twelve-month price targets for Citi Trends' stock. Their CTRN share price forecasts range from $34.00 to $60.00. On average, they predict the company's share price to reach $47.25 in the next twelve months. This suggests a possible upside of 50.5% 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 2022?

Citi Trends' stock was trading at $94.75 at the beginning of 2022. Since then, CTRN stock has decreased by 66.9% and is now trading at $31.39.
View the best growth stocks for 2022 here
.

When is Citi Trends' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 24th 2022.
View our CTRN earnings forecast
.

How can I listen to Citi Trends' earnings call?

Citi Trends will be holding an earnings conference call on Wednesday, August 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-977-9140 with passcode "22019378".

How were Citi Trends' earnings last quarter?

Citi Trends, Inc. (NASDAQ:CTRN) posted its quarterly earnings results on Tuesday, May, 24th. The company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.08. The business had revenue of $208.22 million for the quarter, compared to analyst estimates of $207.10 million. Citi Trends had a net margin of 6.73% and a trailing twelve-month return on equity of 27.43%. During the same period in the previous year, the company posted $3.23 EPS.

What guidance has Citi Trends issued on next quarter's earnings?

Citi Trends issued an update on its FY 2022 earnings guidance on Tuesday, June, 21st. The company provided EPS guidance of $2.25-$2.75 for the period, compared to the consensus estimate of $3.52. The company issued revenue guidance of $860.00 million-$880.00 million, compared to the consensus revenue estimate of $914.83 million.

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).

What is Citi Trends' stock symbol?

Citi Trends trades on the NASDAQ under the ticker symbol "CTRN."

Who are Citi Trends' major shareholders?

Citi Trends' stock is owned by many different institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (11.53%), Jennison Associates LLC (6.30%), Paradigm Capital Management Inc. NY (5.56%), Millennium Management LLC (3.02%), Cambria Investment Management L.P. (1.67%) and Northern Trust Corp (1.58%). Insiders that own company stock include Charles J Hynes, Christina M Francis, Christina Short, David N Makuen, Ivy D Council, James A Dunn, James A Dunn, Jason Moschner, Jessica Berkowitz, Jonathan Duskin, Kenneth Duane Seipel, Lisa A Powell, Margaret L Jenkins and Peter R Sachse.
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.

What is Citi Trends' stock price today?

One share of CTRN stock can currently be purchased for approximately $31.39.

How much money does Citi Trends make?

Citi Trends (NASDAQ:CTRN) has a market capitalization of $263.52 million and generates $991.59 million in revenue each year. The company earns $62.24 million in net income (profit) each year or $7.14 on an earnings per share basis.

How many employees does Citi Trends have?

The company employs 5,400 workers across the globe.

When was Citi Trends founded?

Citi Trends was founded in 1946.

How can I contact Citi Trends?

Citi Trends' mailing address is 104 COLEMAN BOULEVARD, SAVANNAH GA, 31408. The official website for the company is www.cititrends.com. The company can be reached via phone at (912) 236-1561 or via fax at 912-443-3663.

This page (NASDAQ:CTRN) was last updated on 8/16/2022 by MarketBeat.com Staff

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