Citi Trends (CTRN)

• Market cap: $220M
• 1 day: 1.61%
• 5 days: 1.90%
• 1 month: 41.27%
• 3 months: 36.01%
• 6 months: 16.43%
• Year to date: -10.25%
• 1 year: -1.14%
• 5 years: 15.47%
• 10 years: -0.67%
• Sector: Consumer Discretionary
• Industry: Apparel & Accessory Stores

About: Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books and toys.

Employees: 4,800

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 15

7% more funds holding

Funds holding: 70 [Q2] → 75 (+5) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

5.17% less ownership

Funds ownership: 107.39% [Q2] → 102.22% (-5.17%) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 26

18% less capital invested

Capital invested by funds: $196M [Q2] → $162M (-$34.5M) [Q3]

85% less call options, than puts

Call options by funds: $229K | Put options by funds: $1.54M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 21% downside
• Avg. target: $24 5% downside
• High target: $28 11% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

DA Davidson Michael Baker 58% 1-year accuracy 23 / 40 met price target	11% upside $28	Buy Maintained	4 Dec 2024
Craig-Hallum Jeremy Hamblin 64% 1-year accuracy 18 / 28 met price target	21% downside $20	Hold Maintained	4 Dec 2024