Citi Trends, Inc. (CTRN)
NASDAQ: CTRN · IEX Real-Time Price · USD
19.28
-0.26 (-1.33%)
At close: Jul 19, 2024, 4:00 PM
19.39
+0.11 (0.57%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Citi Trends Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Citi Trends stock have an average target of 30, with a low estimate of 25 and a high estimate of 35. The average target predicts an increase of 55.60% from the current stock price of 19.28.
Analyst Consensus: Buy
* Price targets were last updated on Jun 5, 2024.
Analyst Ratings
The average analyst rating for Citi Trends stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 1 |
| 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 | 4 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Hold Maintains $27 → $25 | Hold | Maintains | $27 → $25 | +29.67% | Jun 5, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +81.54% | Jun 5, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +81.54% | Mar 20, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 20, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $28 → $27 | Strong Buy → Hold | Downgrades | $28 → $27 | +40.04% | Mar 19, 2024 |
Financial Forecast
Revenue This Year
767.86M
from 747.94M
Increased by 2.66%
Revenue Next Year
783.09M
from 767.86M
Increased by 1.98%
EPS This Year
-0.85
from -1.46
EPS Next Year
0.08
from -0.85
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 801.2M | 815.9M | 852.6M | 903.0M | 955.5M |
| Avg | 767.9M | 783.1M | 828.2M | 877.2M | 928.2M |
| Low | 725.6M | 743.3M | 795.8M | 842.8M | 891.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1% | 6.2% | 8.9% | 9.0% | 8.9% |
| Avg | 2.7% | 2.0% | 5.8% | 5.9% | 5.8% |
| Low | -3.0% | -3.2% | 1.6% | 1.8% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.81 | 0.39 | 0.92 | 1.45 | 1.62 |
| Avg | -0.85 | 0.08 | 0.90 | 1.41 | 1.57 |
| Low | -0.85 | -0.21 | 0.86 | 1.35 | 1.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 1,032.4% | 61.4% | 14.9% |
| Avg | - | - | 1,000.0% | 56.8% | 11.6% |
| Low | - | - | 956.9% | 50.7% | 7.2% |
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.