Citi Trends (CTRN) Stock Forecast, Price Target & Predictions
CTRN Stock Forecast
Citi Trends stock forecast is as follows: an average price target of $17.00 (represents a -3.79% downside from CTRN’s last price of $17.67) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
CTRN Price Target
The average price target for Citi Trends (CTRN) is $17.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $14.00. This represents a potential -3.79% downside from CTRN's last price of $17.67.
CTRN Analyst Ratings
According to 2 Wall Street analysts, Citi Trends's rating consensus is 'Buy'. The analyst rating breakdown for CTRN stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Citi Trends Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 28, 2024 | Jeremy Hamblin | Craig-Hallum | $14.00 | $14.28 | -1.96% | -20.77% |
| Aug 27, 2024 | Mike Baker | D.A. Davidson | $20.00 | $15.24 | 31.23% | 13.19% |
| Jun 05, 2024 | Jeremy Hamblin | Craig-Hallum | $25.00 | $23.86 | 4.76% | 41.48% |
| Aug 23, 2023 | Jeremy Hamblin | Craig-Hallum | $32.00 | $25.52 | 25.42% | 81.10% |
The latest Citi Trends stock forecast, released on Aug 28, 2024 by Jeremy Hamblin from Craig-Hallum, set a price target of $14.00, which represents a -1.96% decrease from the stock price at the time of the forecast ($14.28), and a -20.77% decrease from CTRN last price ($17.67).
Citi Trends Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 3 |
| Avg Price Target | $17.00 | $17.00 | $19.67 |
| Last Closing Price | $17.67 | $17.67 | $17.67 |
| Upside/Downside | -3.79% | -3.79% | 11.32% |
In the current month, the average price target of Citi Trends stock is $17.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -3.79% decrease as opposed to Citi Trends's last price of $17.67. This month's average price target is down 0.00% compared to last quarter, and down -13.57% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 28, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Aug 28, 2024 | Citigroup | Underperform | Underperform | Hold |
| Aug 28, 2024 | Craig-Hallum | Hold | Hold | Hold |
| Jun 05, 2024 | Citigroup | Underperform | Underperform | Hold |
| Jun 05, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Jun 05, 2024 | Craig-Hallum | Hold | Hold | Hold |
| Mar 22, 2023 | Craig-Hallum | Hold | Hold | Hold |
| Mar 22, 2023 | Benchmark | Buy | Buy | Hold |
| Oct 17, 2022 | Citigroup | - | Hold | Upgrade |
| May 20, 2022 | Craig-Hallum | - | Hold | Downgrade |
Citi Trends's last stock rating was published by Craig-Hallum on Aug 28, 2024. The company gave CTRN a "Buy" rating, the same as its previous rate.
Citi Trends Financial Forecast
Citi Trends Revenue Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $179.52M | $173.55M | - | $209.46M | $192.32M | - | - | $240.97M | $227.96M | $237.28M | $285.38M | $251.92M | $199.10M | - | - | - | - | - | - | - | - |
| Avg Forecast | $208.25M | $179.59M | $178.98M | $189.52M | $196.91M | $178.48M | $178.99M | $186.30M | $216.24M | $186.20M | $166.00M | $179.22M | $208.76M | $186.62M | $199.59M | $203.71M | $241.37M | $220.80M | $227.21M | $283.89M | $251.89M | $193.34M | $200.65M | $217.15M | $211.22M | $184.13M | $191.10M | $206.81M | $215.00M | $186.65M |
| High Forecast | $215.22M | $185.60M | $184.97M | $195.87M | $205.14M | $182.83M | $184.98M | $192.54M | $223.48M | $187.56M | $171.56M | $185.23M | $215.75M | $192.87M | $203.91M | $206.81M | $245.69M | $224.76M | $231.29M | $288.98M | $256.41M | $196.81M | $204.25M | $221.05M | $215.00M | $187.43M | $194.53M | $210.52M | $218.85M | $223.98M |
| Low Forecast | $199.14M | $171.73M | $171.15M | $181.23M | $185.13M | $173.84M | $171.16M | $178.15M | $206.78M | $184.18M | $158.74M | $171.38M | $199.63M | $178.45M | $193.18M | $199.64M | $238.22M | $217.92M | $224.25M | $280.18M | $248.61M | $190.82M | $198.04M | $214.32M | $208.46M | $181.73M | $188.61M | $204.11M | $212.19M | $149.32M |
| # Analysts | 2 | - | - | - | 3 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 1 | 2 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 7 | 6 | 10 | 6 | 12 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.96% | 1.05% | - | 1.00% | 1.03% | - | - | 1.00% | 1.03% | 1.04% | 1.01% | 1.00% | 1.03% | - | - | - | - | - | - | - | - |
Citi Trends's average Quarter revenue forecast for Jan 24 based on 2 analysts is $216.24M, with a low forecast of $206.78M, and a high forecast of $223.48M. CTRN's average Quarter revenue forecast represents a 20.46% increase compared to the company's last Quarter revenue of $179.52M (Oct 23).
Citi Trends EBITDA Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | 3 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 1 | 2 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 7 | 6 | 10 | 6 | 12 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-182.00K | $-2.33M | - | $13.03M | $7.69M | - | - | $17.76M | $17.12M | $21.36M | $43.70M | $28.38M | $14.05M | - | - | - | - | - | - | - | - |
| Avg Forecast | $10.79M | $9.30M | $9.27M | $9.82M | $10.20M | $9.24M | $9.27M | $19.68M | $11.20M | $9.64M | $8.60M | $17.89M | $10.81M | $20.99M | $10.34M | $10.55M | $16.13M | $19.09M | $28.63M | $27.41M | $16.06M | $12.33M | $12.79M | $13.84M | $13.47M | $11.74M | $12.18M | $13.08M | $13.71M | $11.28M |
| High Forecast | $11.15M | $9.61M | $9.58M | $10.14M | $10.62M | $9.47M | $9.58M | $23.62M | $11.57M | $9.71M | $8.89M | $21.47M | $11.17M | $25.19M | $10.56M | $10.71M | $19.35M | $22.90M | $34.36M | $32.89M | $16.35M | $12.55M | $13.02M | $14.09M | $13.71M | $11.95M | $12.40M | $15.70M | $13.95M | $13.53M |
| Low Forecast | $10.31M | $8.89M | $8.86M | $9.39M | $9.59M | $9.00M | $8.86M | $15.74M | $10.71M | $9.54M | $8.22M | $14.31M | $10.34M | $16.80M | $10.01M | $10.34M | $12.90M | $15.27M | $22.91M | $21.92M | $15.85M | $12.17M | $12.63M | $13.66M | $13.29M | $11.59M | $12.02M | $10.47M | $13.53M | $9.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | -0.02% | -0.27% | - | 1.21% | 0.37% | - | - | 1.10% | 0.90% | 0.75% | 1.59% | 1.77% | 1.14% | - | - | - | - | - | - | - | - |
2 analysts predict CTRN's average Quarter EBITDA for May 23 to be $17.89M, with a high of $21.47M and a low of $14.31M. This is 37.29% upper than Citi Trends's previous annual EBITDA (Jan 23) of $13.03M.
Citi Trends Net Income Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | 3 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 1 | 2 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 7 | 6 | 10 | 6 | 12 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | $-3.86M | $-5.03M | - | $6.64M | $24.59M | - | - | $9.84M | $9.01M | $12.49M | $30.90M | $18.04M | $6.96M | - | - | - | - | - | - | - | - |
| Avg Forecast | $3.75M | $-4.50M | $-5.38M | $-1.33M | $1.63M | $-6.63M | $-4.46M | $10.90M | $6.63M | $-1.44M | $-7.84M | $9.91M | $6.77M | $12.28M | $783.99K | $2.31M | $5.42M | $11.16M | $20.24M | $17.42M | $14.38M | - | $2.88M | $8.40M | $5.11M | - | $2.55M | $6.95M | $4.61M | $4.49M |
| High Forecast | $3.91M | $-4.25M | $-5.07M | $-1.26M | $2.22M | $-5.79M | $-4.21M | $13.08M | $6.92M | $442.50K | $-7.39M | $11.90M | $7.07M | $14.73M | $806.07K | $2.36M | $6.51M | $13.39M | $24.29M | $20.90M | $14.71M | - | $2.95M | $8.60M | $5.23M | - | $2.61M | $8.34M | $4.72M | $5.39M |
| Low Forecast | $3.54M | $-4.70M | $-5.61M | $-1.39M | $1.11M | $-7.55M | $-4.65M | $8.72M | $6.25M | $-3.10M | $-8.18M | $7.93M | $6.39M | $9.82M | $751.27K | $2.25M | $4.34M | $8.93M | $16.20M | $13.94M | $14.13M | - | $2.83M | $8.26M | $5.02M | - | $2.51M | $5.56M | $4.54M | $3.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.69% | 0.64% | - | 0.98% | 2.00% | - | - | 1.81% | 0.81% | 0.62% | 1.77% | 1.25% | - | - | - | - | - | - | - | - | - |
Citi Trends's average Quarter net income forecast for May 23 is $9.91M, with a range of $7.93M to $11.90M. CTRN's average Quarter net income forecast represents a 49.35% increase compared to the company's last Quarter net income of $6.64M (Jan 23).
Citi Trends SG&A Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | 3 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 1 | 2 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 7 | 6 | 10 | 6 | 12 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | $69.65M | $69.54M | - | $70.58M | $69.09M | - | - | $79.56M | $74.78M | $75.38M | $77.89M | $79.27M | $69.23M | - | - | - | - | - | - | - | - |
| Avg Forecast | $71.06M | $61.28M | $61.07M | $64.67M | $67.19M | $60.90M | $61.07M | $88.17M | $73.78M | $63.53M | $56.64M | $80.16M | $71.23M | $74.10M | $68.10M | $69.51M | $44.97M | $67.36M | $51.04M | $76.55M | $83.01M | $63.72M | $66.13M | $71.56M | $69.61M | $60.68M | $62.98M | $58.17M | $70.86M | $56.67M |
| High Forecast | $73.44M | $63.33M | $63.11M | $66.83M | $70.00M | $62.38M | $63.12M | $105.81M | $76.25M | $64.00M | $58.54M | $96.19M | $73.62M | $88.92M | $69.58M | $70.56M | $53.97M | $80.84M | $61.24M | $91.86M | $84.50M | $64.86M | $67.31M | $72.85M | $70.86M | $61.77M | $64.11M | $69.80M | $72.13M | $68.01M |
| Low Forecast | $67.95M | $58.60M | $58.40M | $61.84M | $63.17M | $59.31M | $58.40M | $70.54M | $70.55M | $62.84M | $54.16M | $64.13M | $68.11M | $59.28M | $65.91M | $68.12M | $35.98M | $53.89M | $40.83M | $61.24M | $81.93M | $62.89M | $65.26M | $70.63M | $68.70M | $59.89M | $62.16M | $46.53M | $69.93M | $45.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.10% | 1.23% | - | 0.99% | 0.93% | - | - | 1.77% | 1.11% | 1.48% | 1.02% | 0.95% | 1.09% | - | - | - | - | - | - | - | - |
Citi Trends's average Quarter SG&A projection for Jan 24 is $73.78M, based on 2 Wall Street analysts, with a range of $70.55M to $76.25M. The forecast indicates a 5.93% rise compared to CTRN last annual SG&A of $69.65M (Oct 23).
Citi Trends EPS Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | 3 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 1 | 2 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 7 | 6 | 10 | 6 | 12 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.47 | $-0.61 | - | $0.81 | $3.02 | - | - | $1.17 | $1.04 | $1.37 | $3.27 | $1.83 | $0.67 | - | - | - | - | - | - | - | - |
| Avg Forecast | $0.45 | $-0.54 | $-0.65 | $-0.16 | $0.20 | $-0.80 | $-0.54 | $-0.42 | $0.80 | $-0.17 | $-0.94 | $-0.42 | $0.81 | $-0.02 | $0.10 | $0.28 | $1.07 | $0.45 | $0.43 | $2.90 | $1.75 | - | $0.35 | $1.02 | $0.62 | - | $0.31 | $0.91 | $0.56 | $0.38 |
| High Forecast | $0.47 | $-0.51 | $-0.61 | $-0.15 | $0.27 | $-0.69 | $-0.50 | $-0.40 | $0.83 | $0.05 | $-0.89 | $-0.39 | $0.85 | $-0.02 | $0.10 | $0.28 | $1.09 | $0.46 | $0.44 | $2.97 | $1.79 | - | $0.36 | $1.04 | $0.63 | - | $0.32 | $0.93 | $0.57 | $0.46 |
| Low Forecast | $0.42 | $-0.56 | $-0.67 | $-0.17 | $0.13 | $-0.91 | $-0.56 | $-0.44 | $0.75 | $-0.37 | $-0.98 | $-0.44 | $0.77 | $-0.02 | $0.09 | $0.27 | $1.05 | $0.44 | $0.42 | $2.85 | $1.72 | - | $0.34 | $1.00 | $0.61 | - | $0.30 | $0.89 | $0.55 | $0.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.72% | 0.65% | - | 1.00% | -151.00% | - | - | 1.09% | 2.32% | 3.21% | 1.13% | 1.05% | - | - | - | - | - | - | - | - | - |
According to 2 Wall Street analysts, Citi Trends's projected average Quarter EPS for May 23 is $-0.42, with a low estimate of $-0.44 and a high estimate of $-0.39. This represents a -151.67% decrease compared to CTRN previous annual EPS of $0.81 (Jan 23).
Citi Trends Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TLYS | Tilly's | $5.11 | $9.50 | 85.91% | Hold |
| JILL | J.Jill | $25.57 | $39.50 | 54.48% | Buy |
| DLTH | Duluth | $4.16 | $4.50 | 8.17% | Hold |
| SCVL | Shoe Carnival | $43.90 | $46.00 | 4.78% | Buy |
| CTRN | Citi Trends | $17.67 | $17.00 | -3.79% | Buy |
| ZUMZ | Zumiez | $23.22 | $19.50 | -16.02% | Hold |
| HIBB | Hibbett | $87.49 | $71.10 | -18.73% | Hold |
| BKE | Buckle | $44.52 | $32.00 | -28.12% | Sell |
CTRN Forecast FAQ
Is Citi Trends a good buy?
Yes, according to 2 Wall Street analysts, Citi Trends (CTRN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of CTRN's total ratings.
What is CTRN's price target?
Citi Trends (CTRN) average price target is $17 with a range of $14 to $20, implying a -3.79% from its last price of $17.67. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Citi Trends stock go up soon?
According to Wall Street analysts' prediction for CTRN stock, the company can go down by -3.79% (from the last price of $17.67 to the average price target of $17), up by 13.19% based on the highest stock price target, and down by -20.77% based on the lowest stock price target.
Can Citi Trends stock reach $30?
CTRN's average twelve months analyst stock price target of $17 does not support the claim that Citi Trends can reach $30 in the near future.
What is Citi Trends's current price target trend?
2 Wall Street analysts forecast a $17 price target for Citi Trends (CTRN) this month, down -3.79% from its last price of $17.67. Compared to the last 3 and 12 months, the average price target decreased by -3.79% and increased by 11.32%, respectively.
What are Citi Trends's analysts' financial forecasts?
Citi Trends's analysts financial forecasts for the fiscal year (Jan 2025) are as follows: average revenue is $740.69M (high $765.49M, low $708.27M), average EBITDA is $48.39M (high $53.29M, low $43.2M), average net income is $1.44M (high $5.31M, low $-2.37M), average SG&A $277.34M (high $301.3M, low $251.42M), and average EPS is $-1.56 (high $-1.333, low $-1.774). CTRN's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $756.34M (high $781.67M, low $723.24M), average EBITDA is $39.17M (high $40.48M, low $37.46M), average net income is $-7.462M (high $-6.66M, low $-8.163M), average SG&A $258.07M (high $266.71M, low $246.78M), and average EPS is $-0.895 (high $-0.799, low $-0.979).
Did the CTRN's actual financial results beat the analysts' financial forecasts?
Based on Citi Trends's last annual report (Jan 2023), the company's revenue was $795.01M, which missed the average analysts forecast of $798.68M by -0.46%. Apple's EBITDA was $32.85M, missing the average prediction of $52.69M by -37.67%. The company's net income was $58.89M, beating the average estimation of $22.15M by 165.93%. Apple's SG&A was $279.18M, missing the average forecast of $282.94M by -1.33%. Lastly, the company's EPS was $7.17, beating the average prediction of $1.16 by 516.41%. In terms of the last quarterly report (Oct 2023), Citi Trends's revenue was $179.52M, missing the average analysts' forecast of $186.2M by -3.59%. The company's EBITDA was $-182K, missing the average prediction of $9.64M by -101.89%. Citi Trends's net income was $-3.863M, beating the average estimation of $-1.438M by 168.61%. The company's SG&A was $69.65M, beating the average forecast of $63.53M by 9.64%. Lastly, the company's EPS was $-0.47, beating the average prediction of $-0.172 by 172.46%