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 -4.82% downside from CTRN’s last price of $17.86) 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 -4.82% downside from CTRN's last price of $17.86.
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% | -21.61% |
| Aug 27, 2024 | Mike Baker | D.A. Davidson | $20.00 | $15.24 | 31.23% | 11.98% |
| Jun 05, 2024 | Jeremy Hamblin | Craig-Hallum | $25.00 | $23.86 | 4.76% | 39.98% |
| Aug 23, 2023 | Jeremy Hamblin | Craig-Hallum | $32.00 | $25.52 | 25.42% | 79.17% |
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 -21.61% decrease from CTRN last price ($17.86).
Citi Trends Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $17.00 | $19.67 |
| Last Closing Price | $17.86 | $17.86 | $17.86 |
| Upside/Downside | -100.00% | -4.82% | 10.13% |
In the current month, the average price target of Citi Trends stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Citi Trends's last price of $17.86. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $216.15M | $116.12M | $211.01M | $183.05M | $182.83M | $205.03M | $201.16M | $211.03M |
| 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 | $217.22M | $187.33M | $186.69M | $197.69M | $205.40M | $183.00M | $178.99M | $194.33M | $216.24M | $187.56M | $173.15M | $186.95M | $217.76M | $192.87M | $206.27M | $210.53M | $249.45M | $228.19M | $234.82M | $293.39M | $260.33M | $199.81M | $207.37M | $224.42M | $218.29M | $190.30M | $197.50M | $213.74M | $222.20M | $223.98M |
| Low Forecast | $195.65M | $168.72M | $168.15M | $178.06M | $185.00M | $173.50M | $178.99M | $175.03M | $216.24M | $184.18M | $155.96M | $168.38M | $196.13M | $178.45M | $190.85M | $194.80M | $230.80M | $211.14M | $217.27M | $271.46M | $240.87M | $184.88M | $191.87M | $207.65M | $201.97M | $176.07M | $182.74M | $197.76M | $205.59M | $149.32M |
| # Analysts | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.53% | 1.00% | 0.99% | 0.96% | 0.99% | 0.94% | 1.13% |
Citi Trends's average Quarter revenue forecast for Nov 20 based on 12 analysts is $193.34M, with a low forecast of $184.88M, and a high forecast of $199.81M. CTRN's average Quarter revenue forecast represents a -10.55% decrease compared to the company's last Quarter revenue of $216.15M (Aug 20).
Citi Trends EBITDA Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $31.39M | $-22.39M | $16.41M | $-19.69M | $16.43M | $25.50M | $13.82M | $18.91M |
| Avg Forecast | $24.05M | $20.74M | $20.67M | $21.88M | $22.74M | $20.61M | $20.67M | $19.68M | $24.97M | $21.50M | $19.17M | $17.89M | $20.40M | $9.67M | $10.34M | $16.27M | $12.50M | $11.44M | $11.77M | $27.41M | $13.05M | $10.01M | $10.39M | $11.25M | $10.94M | $9.54M | $9.90M | $13.08M | $11.14M | $11.28M |
| High Forecast | $25.08M | $21.63M | $21.56M | $22.83M | $23.72M | $21.13M | $20.67M | $23.62M | $24.97M | $21.66M | $19.99M | $21.47M | $24.48M | $9.99M | $10.68M | $19.52M | $12.92M | $11.82M | $12.16M | $32.89M | $13.48M | $10.35M | $10.74M | $11.62M | $11.31M | $9.86M | $10.23M | $15.70M | $11.51M | $13.53M |
| Low Forecast | $22.59M | $19.48M | $19.42M | $20.56M | $21.36M | $20.03M | $20.67M | $15.74M | $24.97M | $21.27M | $18.01M | $14.31M | $16.32M | $9.24M | $9.88M | $13.01M | $11.95M | $10.94M | $11.25M | $21.92M | $12.48M | $9.58M | $9.94M | $10.75M | $10.46M | $9.12M | $9.46M | $10.47M | $10.65M | $9.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.02% | -1.99% | 1.50% | -2.06% | 1.66% | 1.95% | 1.24% | 1.68% |
12 analysts predict CTRN's average Quarter EBITDA for Nov 20 to be $10.01M, with a high of $10.35M and a low of $9.58M. This is -68.11% lower than Citi Trends's previous annual EBITDA (Aug 20) of $31.39M.
Citi Trends Net Income Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.87M | $-20.89M | $9.42M | $-1.08M | $377.00K | $7.79M | $7.35M | $11.30M |
| 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 | $6.86M | $-166.74K | $792.01K | $9.01M | $8.92M | $3.73M | $3.56M | $17.42M | $14.55M | - | $2.92M | $8.50M | $5.17M | - | $2.58M | $6.95M | $4.67M | $4.49M |
| High Forecast | $3.96M | $-4.15M | $-4.95M | $-1.23M | $1.79M | $-6.52M | $-4.11M | $13.08M | $7.00M | $442.48K | $-7.22M | $11.90M | $8.23M | $-157.25K | $826.49K | $10.81M | $9.31M | $3.89M | $3.71M | $20.90M | $15.18M | - | $3.04M | $8.87M | $5.39M | - | $2.70M | $8.34M | $4.87M | $5.39M |
| Low Forecast | $3.46M | $-4.75M | $-5.68M | $-1.41M | $1.46M | $-6.74M | $-4.71M | $8.72M | $6.11M | $-3.10M | $-8.28M | $7.93M | $5.49M | $-174.00K | $746.96K | $7.21M | $8.41M | $3.52M | $3.35M | $13.94M | $13.72M | - | $2.75M | $8.02M | $4.87M | - | $2.44M | $5.56M | $4.40M | $3.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.81% | -2.46% | 1.82% | - | 0.15% | 1.12% | 1.57% | 2.52% |
Citi Trends's average Quarter net income forecast for Nov 20 is -, with a range of - to -. CTRN's average Quarter net income forecast represents a -100.00% decrease compared to the company's last Quarter net income of $19.87M (Aug 20).
Citi Trends SG&A Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $57.62M | $54.08M | $67.65M | $65.54M | $62.99M | $63.45M | $61.46M | $63.01M |
| 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 | $56.89M | $63.68M | $68.10M | $72.87M | $82.36M | $75.34M | $77.53M | $76.55M | $85.95M | $65.97M | $68.46M | $74.09M | $72.07M | $62.83M | $65.20M | $58.17M | $73.36M | $56.67M |
| High Forecast | $74.12M | $63.92M | $63.70M | $67.45M | $70.08M | $62.44M | $61.07M | $105.81M | $73.78M | $64.00M | $59.08M | $96.19M | $68.27M | $65.81M | $70.38M | $87.44M | $85.11M | $77.86M | $80.12M | $91.86M | $88.83M | $68.18M | $70.76M | $76.57M | $74.48M | $64.93M | $67.39M | $69.80M | $75.82M | $68.01M |
| Low Forecast | $66.76M | $57.57M | $57.37M | $60.75M | $63.12M | $59.20M | $61.07M | $70.54M | $73.78M | $62.84M | $53.21M | $64.13M | $45.51M | $60.89M | $65.12M | $58.30M | $78.75M | $72.04M | $74.13M | $61.24M | $82.19M | $63.08M | $65.47M | $70.85M | $68.91M | $60.08M | $62.35M | $46.53M | $70.15M | $45.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.73% | 0.94% | 1.04% | 0.97% | 1.09% | 0.84% | 1.11% |
Citi Trends's average Quarter SG&A projection for Nov 20 is $65.97M, based on 12 Wall Street analysts, with a range of $63.08M to $68.18M. The forecast indicates a 14.48% rise compared to CTRN last annual SG&A of $57.62M (Aug 20).
Citi Trends EPS Forecast
| Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.90 | $-2.00 | $0.84 | $-0.09 | $0.03 | $0.65 | $0.59 | $0.83 |
| 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 | $0.48 | $-0.50 | $-0.59 | $-0.15 | $0.22 | $-0.78 | $-0.49 | $-0.39 | $0.84 | $0.05 | $-0.87 | $-0.39 | $0.86 | $-0.02 | $0.10 | $0.29 | $1.12 | $0.47 | $0.45 | $3.03 | $1.82 | - | $0.37 | $1.06 | $0.65 | - | $0.32 | $0.95 | $0.58 | $0.46 |
| Low Forecast | $0.41 | $-0.57 | $-0.68 | $-0.17 | $0.17 | $-0.81 | $-0.56 | $-0.45 | $0.73 | $-0.37 | $-0.99 | $-0.44 | $0.75 | $-0.02 | $0.09 | $0.26 | $1.01 | $0.42 | $0.40 | $2.74 | $1.65 | - | $0.33 | $0.96 | $0.58 | - | $0.29 | $0.86 | $0.53 | $0.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.43% | -1.96% | 1.35% | - | 0.10% | 0.71% | 1.05% | 2.18% |
According to 12 Wall Street analysts, Citi Trends's projected average Quarter EPS for Nov 20 is -, with a low estimate of - and a high estimate of -. This represents a -100.00% decrease compared to CTRN previous annual EPS of $1.90 (Aug 20).
Citi Trends Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TLYS | Tilly's | $3.67 | $9.50 | 158.86% | Hold |
| JILL | J.Jill | $24.48 | $39.50 | 61.36% | Buy |
| SCVL | Shoe Carnival | $33.48 | $46.00 | 37.40% | Buy |
| DLTH | Duluth | $3.65 | $4.50 | 23.29% | Hold |
| BKE | Buckle | $47.22 | $46.00 | -2.58% | Strong Buy |
| CTRN | Citi Trends | $17.86 | $17.00 | -4.82% | Buy |
| ZUMZ | Zumiez | $21.47 | $19.50 | -9.18% | Hold |
| HIBB | Hibbett | $87.49 | $71.10 | -18.73% | Hold |