DA Davidson Reiterates Buy Rating on Citi Trends, Inc. (CTRN)
DA Davidson maintained its buy rating for Citi Trends, Inc. with a $73 price target, a 30.57% upside from the current price.
Key Points
- DA Davidson reiterated its buy rating for Citi Trends, Inc. (CTRN) with a price target of $73 as of June 25, 2026.
- DA Davidson's $73 price target implies 30.57% upside from Citi Trends, Inc.'s ($CTRN) current $55.91 share price.
- Citi Trends, Inc. has a market cap of about $468.3 million and a P/E ratio of 39.3, trading near $63.44 on Friday.
- Insider buying included multiple purchases on June 10, 2026, while Vanguard Capital Management LLC opened a new position with 233,163 shares.
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DA Davidson has reiterated its buy rating on Citi Trends, Inc. (NasdaqGS: CTRN) with a price target of $73. This update came on June 25, 2026, as shares of Citi Trends traded near $63.44 on Friday.
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Analysts Set New Price Targets
On June 25, 2026, DA Davidson maintained its buy rating for Citi Trends, Inc. with a price target of $73. This reflects the firm's continued confidence in the company's prospects. Citi Trends has been consistently rated a buy by DA Davidson, with previous targets of $68 in May 2026 and $52 in December 2025.
Other Institutional Activity in Citi Trends
Several institutional investors have adjusted their positions in Citi Trends. Divisadero Street Capital Management, LP significantly increased its holdings by 290,939 shares, ending with 494,046 shares valued at approximately $21.4 million, marking a 143.2% increase. Vanguard Capital Management LLC opened a new position with 233,163 shares worth about $10.1 million. Conversely, Dimensional Fund Advisors LP reduced its stake by 36,974 shares, holding 327,769 shares valued at about $14.2 million, a decrease of 10.1%.
Citi Trends, Inc. Stock Down 16.9%
Shares of Citi Trends, Inc. traded near $63.44 on Friday. The company, which operates in the apparel retail industry, has a market cap of approximately $468.3 million. It has a P/E ratio of 39.3 and a forward P/E of 23.7, indicating expectations of future growth. The stock's 52-week range is between $28.44 and $66.38, with a 50-day moving average of $47.98 and a 200-day moving average of $43.15. Citi Trends has a beta of 1.878, suggesting higher volatility compared to the broader market.
$CTRN price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Citi Trends reported revenue of $849.1 million, with a revenue growth rate of 14.4%. The company's net margin stands at 1.42%, and it achieved a return on equity of 10.34%. Citi Trends' next earnings report is expected on August 25, 2026.
Insider Buying and Selling at Citi Trends, Inc.
There was notable insider activity at Citi Trends. On June 24, 2026, Fund Investments, LLC sold 750,000 shares at an average price of $56.5. Meanwhile, several insiders, including Michael Kvitko, David Heath, Benjamin Taylor Faw, Pamela Edwards, and Margaret Jenkins, each purchased 1,681 shares on June 10, 2026.
About Citi Trends, Inc.
Citi Trends, Inc. is a retailer specializing in value apparel and home trends. Headquartered in Savannah, Georgia, the company offers a wide range of clothing and accessories for men, women, and children, including sportswear, outerwear, and footwear. Citi Trends also provides home goods and seasonal items, catering to a diverse customer base. The company is led by CEO Kenneth Duane Seipel and employs around 2,500 people.
Bottom Line
DA Davidson's reiterated buy rating for Citi Trends, Inc. highlights the firm's positive outlook on the company's future performance. Investors often monitor such analyst updates for insights into market sentiment and potential stock movements. However, it's important to remember that these ratings are backward-looking and may not reflect current market conditions.
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