Citi Trends (CTRN) Expected to Announce Quarterly Earnings on Tuesday

Citi Trends (NASDAQ:CTRNGet Free Report) is anticipated to release its earnings data before the market opens on Tuesday, March 18th. Analysts expect Citi Trends to post earnings of $0.18 per share and revenue of $211.54 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Citi Trends Stock Up 4.7 %

Shares of Citi Trends stock opened at $20.65 on Monday. Citi Trends has a 52-week low of $13.65 and a 52-week high of $31.26. The company has a 50 day moving average of $25.47 and a 200 day moving average of $21.96. The company has a market capitalization of $179.86 million, a P/E ratio of -6.73 and a beta of 2.29.

Analyst Ratings Changes

Several analysts have recently weighed in on CTRN shares. Craig Hallum upgraded shares of Citi Trends from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research report on Monday, February 10th. DA Davidson upped their price target on shares of Citi Trends from $20.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Finally, StockNews.com upgraded shares of Citi Trends from a “sell” rating to a “hold” rating in a research report on Wednesday, February 12th.

Check Out Our Latest Analysis on CTRN

Insider Activity

In other Citi Trends news, Director Jonathan Duskin sold 12,000 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $26.44, for a total transaction of $317,280.00. Following the sale, the director now directly owns 33,396 shares of the company’s stock, valued at $882,990.24. This trade represents a 26.43 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.80% of the company’s stock.

Citi Trends Company Profile

(Get Free Report)

Citi Trends, Inc operates as a value retailer of fashion apparel, accessories, and home goods. The company offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids uniforms and accessories.

See Also

Earnings History for Citi Trends (NASDAQ:CTRN)

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