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
Target Low Average Median High
Price $21 $28 $35 $35
Change -22.21% +3.72% +29.65% +29.65%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333332
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 444443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Craig-Hallum
Craig-Hallum
Hold
Downgrades
n/a
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
Hold
Downgrades
$28$27
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
More Analyst Ratings

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
Year 2018201920202021202220232024202520262027
Revenue
769.55M781.93M783.29M991.60M795.01M763.88M764.15M800.70M839.46M889.44M
Revenue Growth
1.90%1.61%0.18%26.59%-19.83%-3.92%0.04%4.78%4.84%5.95%
EPS
1.641.412.326.917.17-0.86-0.311.151.021.51
EPS Growth
59.22%-14.02%64.54%197.84%3.76%----11.50%48.00%
No. Analysts -----65333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
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 20232024202520262027
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 20232024202520262027
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 20232024202520262027
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.