Citi Trends (NASDAQ:CTRN) Shares Gap Up – Should You Buy?

Posted by Geri Gentry on Aug 24th, 2026

Shares of Citi Trends, Inc. (NASDAQ:CTRN – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $70.15, but opened at $73.37. Citi Trends shares last traded at $74.4350, with a volume of 3,752 shares trading hands.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on Citi Trends

Citi Trends Stock Performance

The stock has a fifty day moving average of $64.35 and a 200-day moving average of $52.24. The company has a market cap of $612.80 million, a PE ratio of 53.30 and a beta of 1.82.

Citi Trends (NASDAQ:CTRN – Get Free Report) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.32 by $0.59. The company 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 2.09% and a net margin of 1.42%.During the same quarter in the prior year, the company posted $0.11 EPS.

Institutional Investors Weigh In On Citi Trends

Institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Citi Trends in the 2nd quarter worth $29,400,000. Vanguard Group Inc. raised its holdings in shares of Citi Trends by 10.2% in the 3rd quarter. Vanguard Group Inc. now owns 373,685 shares of the company’s stock valued at $11,595,000 after purchasing an additional 34,450 shares in the last quarter. AWM Investment Company Inc. lifted its position in shares of Citi Trends by 3.9% in the 4th quarter. AWM Investment Company Inc. now owns 241,657 shares of the company’s stock worth $10,043,000 after purchasing an additional 9,180 shares during the period. Marshall Wace LLP boosted its stake in shares of Citi Trends by 61.1% during the fourth quarter. Marshall Wace LLP now owns 197,641 shares of the company’s stock valued at $8,214,000 after purchasing an additional 74,994 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Citi Trends by 239.6% during the fourth quarter. AQR Capital Management LLC now owns 182,133 shares of the company’s stock valued at $7,569,000 after buying an additional 128,508 shares during the period.

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.