CTRN - Citi Trends Inc Stock Price, Fair Value and News

22.57USD-0.37 (-1.61%)Market Closed

Market Summary

USD22.57-0.37

Market Closed

-1.61%

CTRN Alerts

1 major insider buys recently.

CTRN Stock Price

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CTRN RSI Chart

CTRN Valuation

Market Cap

192.8M

Price/Earnings (Trailing)

-21.69

Price/Sales (Trailing)

0.26

EV/EBITDA

13.56

Price/Free Cashflow

-47.56

CTRN Price/Sales (Trailing)

CTRN Profitability

EBT Margin

-1.70%

Return on Equity

-5.81%

Return on Assets

-1.75%

Free Cashflow Yield

-2.1%

CTRN Fundamentals

CTRN Revenue

Revenue (TTM)

742.2M

Rev. Growth (Yr)

-6.66%

Rev. Growth (Qtr)

3.44%

CTRN Earnings

Earnings (TTM)

-8.9M

Earnings Growth (Yr)

-115.71%

Earnings Growth (Qtr)

23.23%

Breaking Down CTRN Revenue

Last 7 days

-6.8%

Last 30 days

-25.8%

Last 90 days

-18.4%

Trailing 12 Months

15.3%

How does CTRN drawdown profile look like?

CTRN Financial Health

Current Ratio

1.31

CTRN Investor Care

Dividend Yield

0.28%

Dividend/Share (TTM)

0.08

Shares Dilution (1Y)

2.25%

Diluted EPS (TTM)

-1.04

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	795.0M	766.5M	755.0M	742.2M
2022	991.6M	914.4M	862.2M	826.5M
2021	783.3M	952.6M	973.7M	1.0B
2020	781.9M	693.0M	726.3M	742.4M
2019	769.6M	763.6M	764.4M	772.1M
2018	755.2M	766.3M	782.1M	780.5M
2017	695.2M	701.5M	712.4M	728.6M
2016	683.8M	682.5M	683.9M	685.7M
2015	670.8M	677.7M	686.6M	688.9M
2014	622.2M	628.4M	635.6M	646.9M
2013	654.7M	638.8M	644.3M	640.7M
2012	640.8M	649.4M	651.4M	657.4M
2011	622.5M	630.3M	631.5M	634.5M
2010	551.9M	0	575.4M	599.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Citi Trends Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 12, 2024	fund 1 investments, llc	bought	386,660	22.7447	17,000	-
Apr 11, 2024	fund 1 investments, llc	bought	576,206	23.0482	25,000	-
Apr 10, 2024	fund 1 investments, llc	bought	468,869	23.1175	20,282	-
Apr 08, 2024	fund 1 investments, llc	bought	146,114	24.3523	6,000	-
Apr 05, 2024	fund 1 investments, llc	bought	295,615	25.2662	11,700	-
Apr 04, 2024	fund 1 investments, llc	bought	125,974	25.1949	5,000	-
Apr 02, 2024	fund 1 investments, llc	bought	53,848	26.9242	2,000	-
Mar 28, 2024	fund 1 investments, llc	bought	433,984	27.124	16,000	-
Mar 20, 2024	powell lisa a.	sold (taxes)	-21,164	28.6	-740	evp and chief merch officer
Mar 20, 2024	makuen david n.	sold (taxes)	-22,937	28.6	-802	chief executive officer

Which funds bought or sold CTRN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 11, 2024	Ballentine Partners, LLC	unchanged	-	-19,463	459,148	0.01%
Apr 05, 2024	CWM, LLC	unchanged	-	-	3,000	-%
Apr 03, 2024	WealthCollab, LLC	new	-	962	962	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.35	2,619,940	12,070,900	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	131	417,857	632,680	-%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	reduced	-56.12	-447,000	566,000	0.05%
Feb 16, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	reduced	-1.26	4,228	22,228	-%
Feb 15, 2024	JANE STREET GROUP, LLC	added	146	901,966	1,324,320	-%
Feb 15, 2024	State of Wyoming	new	-	180,907	180,907	0.03%
Feb 15, 2024	BARCLAYS PLC	added	8.46	351,000	1,272,000	-%

Are Funds Buying or Selling CTRN?

Are funds buying CTRN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CTRN

No. of Funds

CTRN Alerts

1 major insider buys recently.

Unveiling Citi Trends Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 21, 2024	fund 1 investments, llc	19.4%	1,660,664	SC 13D/A
Mar 12, 2024	fund 1 investments, llc	18.1%	1,549,741	SC 13D/A
Mar 01, 2024	fund 1 investments, llc	16.8%	1,439,146	SC 13D/A
Feb 14, 2024	divisadero street capital management, lp	0.0%	0	SC 13G/A
Feb 14, 2024	prudential financial inc	4.89%	0	SC 13G/A
Feb 14, 2024	alliancebernstein l.p.	10.7%	912,818	SC 13G/A
Feb 13, 2024	vanguard group inc	4.99%	426,834	SC 13G/A
Feb 12, 2024	paradigm capital management inc/ny	9.68%	827,048	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.4%	549,594	SC 13G/A
Feb 08, 2024	jennison associates llc	4.9%	416,029	SC 13G/A

Recent SEC filings of Citi Trends Inc

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	SC 13D/A	13D - Major Acquisition
Apr 12, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 21, 2024	SC 13D/A	13D - Major Acquisition
Mar 20, 2024	4	Insider Trading
Mar 19, 2024	8-K	Current Report
Mar 12, 2024	4	Insider Trading

Peers (Alternatives to Citi Trends Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TJX	105.3B	54.2B	-4.68%	20.46%	23.55	1.94	8.57%	27.90%
ROST	44.8B	20.4B	-7.90%	27.77%	23.9	2.2	8.99%	23.97%
LULU	40.5B	9.6B	-28.03%	-9.13%	26.1	4.21	18.60%	81.35%
RL	10.5B	6.6B	-11.81%	33.38%	17.84	1.59	2.78%	14.20%
MID-CAP
GPS	8.1B	14.9B	-7.33%	134.05%	16.2	0.55	-4.66%	348.51%
PVH	6.1B	9.2B	-18.74%	20.61%	9.25	0.67	2.14%	231.14%
VFC	4.7B	10.8B	-17.79%	-45.95%	-6.17	0.44	-7.50%	-284.75%
FL	2.1B	8.2B	-2.18%	-43.88%	-6.3	0.25	-6.75%	-196.49%
BKE	1.9B	1.3B	-5.92%	5.58%	8.44	1.47	-6.25%	-13.63%
SMALL-CAP
HBI	1.6B	5.6B	-17.43%	-3.50%	-92.89	0.29	-9.58%	86.06%
CTRN	192.8M	742.2M	-25.78%	15.27%	-21.69	0.26	-10.20%	-114.32%
LAKE	123.9M	124.7M	-1.44%	25.86%	22.84	0.99	10.49%	189.67%
CULP	57.0M	237.2M	4.34%	-13.12%	-2.94	0.24	2.94%	19.72%
CHS	1.2M	2.1B	-66.67%	-99.99%	0.01	6e-4	-0.25%	-0.44%

Citi Trends Inc News

Latest updates

Citi Trends Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.4%	180	174	180	209	192	185	208	241	228	237	285	252	199	216	116	211	183	183	205	201	175
S&GA Expenses	0.2%	70.00	70.00	71.00	71.00	69.00	68.00	71.00	80.00	75.00	75.00	78.00	79.00	69.00	58.00	54.00	68.00	66.00	63.00	63.00	61.00	61.00
EBITDA Margin	-84.7%	0.01*	0.06*	0.06*	0.12*	0.12*	0.10*	0.11*	0.10*	0.11*	0.11*	0.12*	0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.3%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income Taxes	36.5%	-1.32	-2.08	-1.88	2.00	7.00	-0.87	9.00	3.00	3.00	4.00	8.00	6.00	2.00	6.00	-6.61	2.00	-0.12	0.00	1.00	2.00	-0.24
Earnings Before Taxes	27.1%	-5.18	-7.11	-8.51	8.00	32.00	-3.41	40.00	12.00	12.00	16.00	39.00	24.00	9.00	26.00	-27.50	12.00	-1.21	1.00	9.00	9.00	-0.74
EBT Margin	-153.1%	-0.02*	0.03*	0.04*	0.10*	0.10*	0.07*	0.09*	0.08*	0.09*	0.09*	0.10*	0.04*	-	-	-	-	-	-	-	-	-
Net Income	23.2%	-3.86	-5.03	-6.63	7.00	25.00	-2.54	30.00	10.00	9.00	12.00	31.00	18.00	7.00	20.00	-20.89	9.00	-1.08	0.00	8.00	7.00	-0.51
Net Income Margin	-146.3%	-0.01*	0.03*	0.03*	0.07*	0.08*	0.05*	0.07*	0.06*	0.07*	0.07*	0.08*	0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	82.8%	-2.91	-16.91	-13.05	29.00	15.00	-19.30	-18.88	19.00	-1.95	-4.93	62.00	48.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.5%	508	527	534	544	547	502	523	474	468	496	509	495	482	501	487	459	442	448	438	298	300
Current Assets	-7.3%	204	220	219	223	219	188	208	193	194	234	252	244	230	259	240	201	208	215	218	226	226
Cash Equivalents	-9.3%	60.00	66.00	89.00	103	78.00	28.00	62.00	50.00	12.00	77.00	131	123	97.00	147	108	20.00	24.00	27.00	29.00	18.00	28.00
Inventory	-3.5%	130	134	114	106	129	142	130	124	127	113	102	104	114	95.00	122	138	135	132	131	140	140
Net PPE	-4.1%	57.00	59.00	57.00	60.00	61.00	72.00	68.00	75.00	72.00	67.00	66.00	64.00	64.00	62.00	65.00	65.00	56.00	55.00	55.00	56.00	56.00
Liabilities	-4.2%	355	371	374	378	388	368	382	358	358	354	361	331	321	337	344	288	262	260	247	111	104
Current Liabilities	-8.1%	156	170	162	161	164	166	176	187	193	195	210	183	170	154	165	151	139	140	130	102	96.00
Shareholder's Equity	-1.9%	153	156	160	166	158	134	141	116	109	142	148	164	161	163	143	171	181	187	191	187	196
Retained Earnings	-1.2%	316	319	324	331	324	300	302	272	262	253	241	210	192	185	165	187	178	180	181	176	170
Additional Paid-In Capital	0.9%	105	104	103	102	101	101	101	101	96.00	95.00	94.00	95.00	94.00	94.00	93.00	93.00	93.00	92.00	92.00	92.00	91.00
Accumulated Depreciation	1.0%	0.00	0.00	265	0.00	0.00	0.00	269	283	0.00	0.00	282	279	0.00	0.00	267	0.00	0.00	0.00	250	0.00	0.00
Shares Outstanding	-0.2%	9.00	9.00	8.00	8.00	8.00	8.00	8.00	9.00	9.00	9.00	9.00	10.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	206	-	-	-	682	-	-	-	169	-	-	-	166	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	82.8%	-2,907	-16,906	-13,055	28,813	15,121	-19,301	-18,879	19,466	-1,953	-4,933	61,739	47,815	7,650	42,573	12,820	21,498	1,045	11,169	8,897	16,103	23.00
Share Based Compensation	-3.0%	1,018	1,049	935	1,364	332	-338	2,277	1,893	982	814	1,087	1,410	497	536	469	675	392	348	706	552	556
Cashflow From Investing	47.2%	-3,145	-5,955	-950	-3,069	34,805	-9,747	38,192	26,563	-19,664	-30,669	-5,745	-4,652	-6,044	-1,858	39,251	-5,608	1,322	-9,354	6,034	-10,221	-7,524
Cashflow From Financing	-61.5%	-42.00	-26.00	-783	-20.00	-69.00	-4,695	-7,444	-8,264	-43,111	-18,923	-47,895	-16,748	-51,585	-2,104	36,136	-19,698	-6,061	-3,874	-3,310	-16,397	-5,113
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	1.00	-	-	831	915	938	954	958	1,018	1,023
Buy Backs	-	-	-	-	-	-	4,683	5,317	8,079	42,829	18,907	45,470	16,719	9,888	-	6,254	18,778	5,123	2,904	1,640	15,373	4,053

CTRN Income Statement

2023-10-28

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2023	Oct. 29, 2022	Oct. 28, 2023	Oct. 29, 2022
Consolidated Statements of Operations
Net sales	$ 179,520	$ 192,323	$ 532,762	$ 585,550
Revenue, Product and Service [Extensible List]	us-gaap:ProductMember	us-gaap:ProductMember	us-gaap:ProductMember	us-gaap:ProductMember
Cost of sales (exclusive of depreciation)	$ (110,942)	$ (115,741)	$ (331,827)	$ (357,341)
Selling, general and administrative expenses	(69,654)	(69,092)	(210,004)	(208,599)
Depreciation	(4,749)	(5,076)	(14,138)	(15,793)
Asset impairment	(178)		(178)
Gain on sale-leasebacks		29,168		64,088
(Loss) income from operations	(6,003)	31,582	(23,385)	67,905
Interest income	894	202	2,804	204
Interest expense	(76)	(76)	(228)	(230)
(Loss) Income before income taxes	(5,185)	31,708	(20,809)	67,879
Income tax benefit (expense)	1,322	(7,120)	5,279	(15,624)
Net (loss) income	$ (3,863)	$ 24,588	$ (15,530)	$ 52,255
Basic net (loss) income per common share	$ (0.47)	$ 3.02	$ (1.89)	$ 6.34
Diluted net (loss) income per common share	$ (0.47)	$ 3.02	$ (1.89)	$ 6.34
Weighted average number of shares outstanding
Basic	8,237,729	8,145,318	8,214,907	8,236,836
Diluted	8,237,729	8,145,318	8,214,907	8,236,836

CTRN Balance Sheet

2023-10-28

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 28, 2023	Jan. 28, 2023
Current assets:
Cash and cash equivalents	$ 59,726	$ 103,495
Inventory	129,727	105,794
Prepaid and other current assets	11,266	12,977
Income tax receivable	3,306	615
Total current assets	204,025	222,881
Property and equipment, net of accumulated depreciation of $272,238 and $262,525 as of October 28, 2023 and January 28, 2023, respectively	56,658	60,106
Operating lease right of use assets	239,282	257,195
Deferred income taxes	7,197	2,893
Other assets	1,050	1,183
Total assets	508,212	544,258
Current liabilities:
Accounts payable	83,393	80,670
Operating lease liabilities	46,511	52,661
Accrued expenses	15,983	16,055
Accrued compensation	9,002	10,823
Layaway deposits	1,269	344
Total current liabilities	156,158	160,553
Noncurrent operating lease liabilities	196,856	214,939
Other long-term liabilities	2,132	2,322
Total liabilities	355,146	377,814
Stockholders' equity:
Common stock, $0.01 par value. Authorized 32,000,000 shares; 16,348,358 shares issued as of October 28, 2023 and 16,158,494 shares issued as of January 28, 2023; 8,544,345 shares outstanding as of October 28, 2023 and 8,354,481 shares outstanding as of January 28, 2023	160	160
Paid in capital	104,597	102,445
Retained earnings	315,520	331,050
Treasury stock, at cost; 7,804,013 shares held as of October 28, 2023 and January 28, 2023	(267,211)	(267,211)
Total stockholders' equity	153,066	166,444
Commitments and contingencies (Note 7)
Total liabilities and stockholders' equity	$ 508,212	$ 544,258

About Citi Trends Inc

Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. It 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. The company also provides accessories and beauty products that include handbags, luggage, hats, belts, sunglasses, jewelry, and watches, as well as undergarments and outerwear for men and women. In addition, it offers home and lifestyle products comprising home products for the bedroom, bathroom, kitchen, and decorative accessories; and food, tech, team sports, and health products, as well as seasonal items, books, and toys. The company provides its products primarily to African American and multicultural families in the United States. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.

CEO	Mr. David N. Makuen
WEBSITE	https://cititrends.com
INDUSTRY	Apparel Retail
EMPLOYEES	2700

Citi Trends Inc Frequently Asked Questions

What is the ticker symbol for Citi Trends Inc? What does CTRN stand for in stocks?

CTRN is the stock ticker symbol of Citi Trends Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Citi Trends Inc (CTRN)?

As of Mon Apr 15 2024, market cap of Citi Trends Inc is 192.85 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CTRN stock?

You can check CTRN's fair value in chart for subscribers.

What is the fair value of CTRN stock?

You can check CTRN's fair value in chart for subscribers. The fair value of Citi Trends Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Citi Trends Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CTRN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Citi Trends Inc a good stock to buy?

The fair value guage provides a quick view whether CTRN is over valued or under valued. Whether Citi Trends Inc is cheap or expensive depends on the assumptions which impact Citi Trends Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CTRN.

What is Citi Trends Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, CTRN's PE ratio (Price to Earnings) is -21.69 and Price to Sales (PS) ratio is 0.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CTRN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Citi Trends Inc's stock?

In the past 10 years, Citi Trends Inc has provided 0.03 (multiply by 100 for percentage) rate of return.