Citi Trends (NASDAQ:CTRN) Hits New 52-Week High – Should You Buy?

Posted by Francis Steltz on Aug 3rd, 2026

Citi Trends, Inc. (NASDAQ:CTRN – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $70.00 and last traded at $69.3370, with a volume of 9622 shares. The stock had previously closed at $66.67.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on CTRN shares. Weiss Ratings upgraded shares of Citi Trends from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 29th. Wall Street Zen raised shares of Citi Trends from a “hold” rating to a “buy” rating in a research note on Monday, June 29th. Finally, DA Davidson boosted their price target on shares of Citi Trends from $68.00 to $73.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $73.00.

Read Our Latest Research Report on CTRN

Citi Trends Stock Performance

The business has a 50 day simple moving average of $56.27 and a 200-day simple moving average of $49.28. The firm has a market capitalization of $576.69 million, a price-to-earnings ratio of 49.99 and a beta of 1.82.

Citi Trends (NASDAQ:CTRN – Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.59. Citi Trends had a net margin of 1.42% and a return on equity of 2.09%. The firm had revenue of $230.86 million for the quarter, compared to analysts’ expectations of $217.42 million. During the same quarter in the previous year, the company posted $0.11 EPS.

Hedge Funds Weigh In On Citi Trends

Institutional investors and hedge funds have recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Citi Trends in the 1st quarter valued at approximately $204,000. Arrowstreet Capital Limited Partnership raised its position in shares of Citi Trends by 17.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 64,248 shares of the company’s stock valued at $2,145,000 after buying an additional 9,380 shares during the period. Invesco Ltd. raised its position in shares of Citi Trends by 243.3% during the 2nd quarter. Invesco Ltd. now owns 103,965 shares of the company’s stock valued at $3,471,000 after buying an additional 73,678 shares during the period. Marshall Wace LLP lifted its holdings in Citi Trends by 269.2% in the second quarter. Marshall Wace LLP now owns 160,084 shares of the company’s stock valued at $5,345,000 after acquiring an additional 116,722 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in Citi Trends in the second quarter valued at approximately $594,000.

About Citi Trends

(Get Free Report)

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.