Citi Trends (NASDAQ:CTRN) Given “Buy” Rating at DA Davidson

DA Davidson restated their buy rating on shares of Citi Trends (NASDAQ:CTRN) in a report published on Wednesday,Benzinga reports. DA Davidson currently has a $68.00 target price on the stock.

CTRN has been the topic of several other research reports. Craig Hallum restated a “buy” rating on shares of Citi Trends in a report on Wednesday, March 18th. Weiss Ratings upgraded Citi Trends from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, May 29th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.

Citi Trends Trading Down 0.6%

NASDAQ CTRN opened at $45.83 on Wednesday. The stock’s 50-day moving average price is $45.11 and its two-hundred day moving average price is $44.86. The company has a market cap of $383.14 million, a PE ratio of 32.97 and a beta of 1.88. Citi Trends has a 1 year low of $28.25 and a 1 year high of $56.78.

Citi Trends (NASDAQ:CTRN) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.59. The firm had revenue of $230.86 million for the quarter, compared to the consensus estimate of $217.42 million. Citi Trends had a return on equity of 2.15% and a net margin of 1.42%.During the same quarter in the previous year, the company earned $0.11 EPS.

Insider Transactions at Citi Trends

In related news, Director Margaret L. Jenkins sold 2,000 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $45.91, for a total value of $91,820.00. Following the completion of the sale, the director directly owned 14,163 shares of the company’s stock, valued at approximately $650,223.33. This represents a 12.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 9.60% of the company’s stock.

Institutional Investors Weigh In On Citi Trends

Hedge funds have recently bought and sold shares of the business. Assenagon Asset Management S.A. purchased a new stake in Citi Trends in the 4th quarter worth about $3,616,000. Tectonic Advisors LLC lifted its stake in Citi Trends by 203.3% in the 4th quarter. Tectonic Advisors LLC now owns 45,396 shares of the company’s stock worth $1,887,000 after acquiring an additional 30,428 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Citi Trends during the third quarter worth $812,000. GSA Capital Partners LLP acquired a new stake in Citi Trends during the third quarter valued at $551,000. Finally, Sierra Summit Advisors LLC acquired a new stake in Citi Trends during the fourth quarter valued at $994,000.

Key Headlines Impacting Citi Trends

Here are the key news stories impacting Citi Trends this week:

• Positive Sentiment: Citi Trends delivered a major earnings and revenue beat for Q1, with strong comparable-store sales and sharply higher adjusted EBITDA. CITITRENDS Announces First Quarter Fiscal 2026 Results
• Positive Sentiment: The company reaffirmed an above-consensus FY2026 revenue outlook, reinforcing confidence that momentum can continue. Citi Trends reports Q1 results
• Positive Sentiment: DA Davidson reaffirmed its Buy rating and raised its price target to $68, signaling expectations for further upside. Benzinga
• Neutral Sentiment: Commentary and earnings-call transcripts emphasized operating momentum, but largely reiterated the same core results already reported. Citi Trends (CTRN) Q1 2026 Earnings Transcript
• Neutral Sentiment: One Seeking Alpha piece argued the stock still looks risky despite the strong operating performance, which could temper enthusiasm. Citi Trends Continues To Impress, But I Maintain That The Price Is Risky

About Citi Trends

Citi Trends, Inc (NASDAQ: CTRN) is an off-price retail apparel chain that focuses on value-priced urban fashion apparel and accessories for men, women, and children. Headquartered in Savannah, Georgia, the company offers a broad assortment of merchandise, including denim, sportswear, activewear, and seasonal styles, complemented by footwear, jewelry, cosmetics, and home goods. Through its purchasing model, Citi Trends sources closeouts, overstocks and canceled orders from name-brand vendors, enabling it to offer trending styles at competitive price points.

The company operates more than 500 stores across the Southeastern and Mid-Atlantic regions of the United States, with typical store footprints of approximately 11,000 square feet.