Other equities research analysts have also recently issued reports about the stock. Analysts at Stephens upgraded shares of Citi Trends to an “overweight” rating in a research note to investors on Tuesday. Separately, analysts at Wells Fargo & Co. (NYSE: WFC) upgraded shares of Citi Trends from a “market perform” rating to an “outperform” rating in a research note to investors on Monday. Finally, analysts at Citigroup (NYSE: C) upgraded shares of Citi Trends from a “market perform” rating to an “outperform” rating in a research note to investors on Monday.
Citi Trends opened at 14.57 on Thursday. Citi Trends has a 1-year low of $7.87 and a 1-year high of $17.06. The company’s market cap is $213.2 million.
Citi Trends last announced its earnings results on Wednesday, May 16th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.23. The company’s quarterly revenue was up 4.5% on a year-over-year basis. Analysts expect that Citi Trends will post $-0.30 EPS next quarter.
Citi Trends, Inc. is a retailer of urban fashion apparel and accessories for the entire family. It offers branded apparel from nationally recognized brands, as well as private label apparel and a limited assortment of home decor items.