Citi Trends (CTRN) Stock Price, News & Analysis

Company Overview

Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. The company 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. It also provides accessories and beauty products that include handbags, luggage, hats, belts, sunglasses, jewelry, and watches, as well as offers outerwear for men and women. In addition, the company offers home and lifestyle products comprising home products for the bedroom, bathroom, kitchen, and decorative accessories; and food, tech, team sports, health and products, as well as seasonal items, books, and toys. Citi Trends, Inc. 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.

Key Stats

• Today's Range: $17.91 to $18.19
• 50-Day Range: $15.87 to $20.37
• 52-Week Range: $13.65 to $32.90
• Volume: 3,446 shs
• Average Volume: 122,349 shs
• Market Capitalization: $156.80 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $23.00
• Consensus Rating: Moderate Buy

Citi Trends Stock Analysis - MarketRank™

Citi Trends scored higher than 35% of companies evaluated by MarketBeat, and ranked 174th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Citi Trends has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Citi Trends has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Citi Trends is -6.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Citi Trends is -6.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Citi Trends has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

18.54% 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 10.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Citi Trends has recently decreased by 3.29%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Citi Trends does not currently pay a dividend.

Dividend Growth

Citi Trends does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

18.54% 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 10.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Citi Trends has recently decreased by 3.29%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.05

News Sentiment

Citi Trends has a news sentiment score of 0.05. 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 0.65 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Citi Trends this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for CTRN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

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 $455,336.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 3.80% of the stock of Citi Trends is held by insiders.

CTRN Stock Analysis - Frequently Asked Questions

How have CTRN shares performed this year?

Citi Trends' stock was trading at $28.28 at the beginning of the year. Since then, CTRN shares have decreased by 36.8% and is now trading at $17.86.
View the best growth stocks for 2024 here.

How were Citi Trends' earnings last quarter?

Citi Trends, Inc. (NASDAQ:CTRN) released its earnings results on Tuesday, August, 27th. The company reported ($1.94) EPS for the quarter, missing analysts' consensus estimates of ($0.52) by $1.42. The business earned $176.55 million during the quarter. Citi Trends had a negative net margin of 2.92% and a negative trailing twelve-month return on equity of 12.62%.

Who are Citi Trends' major shareholders?

Citi Trends' top institutional shareholders include Royce & Associates LP (2.28%), Geode Capital Management LLC (1.90%), Charles Schwab Investment Management Inc. (1.42%) and State Street Corp (1.13%). Insiders that own company stock include Fund 1 Investments, Llc, Kenneth Duane Seipel, Jonathan Duskin, Heather L Plutino, David A Heath, Jessica Berkowitz, Christina M Francis, David N Makuen, Charles J Hynes and Lisa A Powell.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Citi Trends own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Citi Trends investors own include Home Depot (HD), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

Company Calendar

• Last Earnings: 8/27/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 12/03/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Apparel & accessory stores
• Sub-Industry: Apparel Retail
• 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: $23.00
• High Stock Price Target: $35.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +28.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.68)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-11,980,000.00
• Net Margins: -2.92%
• Pretax Margin: -4.07%
• Return on Equity: -12.62%
• Return on Assets: -3.77%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.16
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: $757.54 million
• Price / Sales: 0.20
• Cash Flow: $1.05 per share
• Price / Cash Flow: 17.00
• Book Value: $18.46 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 8,615,000
• Free Float: 8,288,000
• Market Cap: $153.86 million
• Optionable: Optionable
• Beta: 2.40