Citi Trends, Inc. (CTRN)
NASDAQ: CTRN · Real-Time Price · USD
18.92
+1.03 (5.76%)
Nov 22, 2024, 4:00 PM EST - Market closed
Citi Trends Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Citi Trends stock have an average target of 23, with a low estimate of 14 and a high estimate of 35. The average target predicts an increase of 21.56% from the current stock price of 18.92.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 28, 2024.
Analyst Ratings
The average analyst rating for Citi Trends stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $33 → $20 | Strong Buy | Maintains | $33 → $20 | +5.71% | Aug 28, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $25 → $14 | Hold | Maintains | $25 → $14 | -26.00% | Aug 28, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $27 → $25 | Hold | Maintains | $27 → $25 | +32.14% | Jun 5, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +84.99% | Jun 5, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +84.99% | Mar 20, 2024 |
Financial Forecast
Revenue This Year
756.48M
from 747.94M
Increased by 1.14%
Revenue Next Year
777.95M
from 756.48M
Increased by 2.84%
EPS This Year
-2.89
from -1.46
EPS Next Year
-0.91
from -2.89
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 779.3M | 813.8M | 834.8M | ||
| Avg | 756.5M | 778.0M | 810.9M | ||
| Low | 726.0M | 737.1M | 779.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2% | 7.6% | 7.3% | ||
| Avg | 1.1% | 2.8% | 4.2% | ||
| Low | -2.9% | -2.6% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.97 | -0.77 | -0.44 | ||
| Avg | -2.89 | -0.91 | -0.43 | ||
| Low | -2.77 | -1.03 | -0.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.