Citi Trends, Inc. (CTRN)
NASDAQ: CTRN · IEX Real-Time Price · USD
27.00
+0.21 (0.77%)
Mar 28, 2024, 10:18 AM EDT - Market open
Citi Trends Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Citi Trends stock have an average target of 28, with a low estimate of 21 and a high estimate of 35. The average target predicts an increase of 3.72% from the current stock price of 27.00.
Analyst Consensus: Strong Buy
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 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 | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 20, 2024 |
Benchmark | Benchmark | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +29.65% | Mar 20, 2024 |
Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $28 → $27 | Strong Buy → Hold | Downgrades | $28 → $27 | +0.02% | Mar 19, 2024 |
Benchmark | Benchmark | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +29.65% | Sep 13, 2023 |
Benchmark | Benchmark | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +29.65% | Aug 23, 2023 |
Financial Forecast
Revenue This Year
763.88M
from 795.01M
Decreased by -3.92%
Revenue Next Year
764.15M
from 763.88M
Increased by 0.04%
EPS This Year
-0.86
from 7.17
EPS Next Year
-0.31
from -0.86
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | 792.1M | 800.8M | 824.3M | 864.2M | 915.6M |
Avg | 763.9M | 764.2M | 800.7M | 839.5M | 889.4M |
Low | 728.1M | 724.0M | 769.3M | 806.5M | 854.6M |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | -0.4% | 4.8% | 7.9% | 7.9% | 9.1% |
Avg | -3.9% | 0.0% | 4.8% | 4.8% | 6.0% |
Low | -8.4% | -5.2% | 0.7% | 0.7% | 1.8% |
EPS Forecast
EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | -0.85 | -0.03 | 1.19 | 1.05 | 1.55 |
Avg | -0.86 | -0.31 | 1.15 | 1.02 | 1.51 |
Low | -0.86 | -0.72 | 1.11 | 0.98 | 1.45 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | - | - | - | -8.9% | 52.4% |
Avg | - | - | - | -11.5% | 48.0% |
Low | - | - | - | -15.0% | 42.2% |
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.