How to Buy Citi Trends Stock
Citi Trends Inc
Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods.
Citi Trends stock last closed at $22.06, down 0.76% from the previous day, and has increased 15.62% in one year. It has overperformed other stocks in the Apparel Retail industry by 0.1 percentage points. Citi Trends stock is currently +55.3% from its 52-week low of $14.21, and -32.95% from its 52-week high of $32.90.
At the moment, there are 8.54M CTRN shares outstanding. The market cap of CTRN is $188.33M. In the past 24 hours, 65,314 CTRN shares were traded.
How to Buy Citi Trends Stock
Wondering how to invest in Citi Trends stock? Here's how.
- Decide where to buy Citi Trends stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Citi Trends stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Analyze Citi Trends stock: The Citi Trends ticker symbol is CTRN. Is Citi Trends stock a good investment? Should you buy shares of CTRN? How do CTRN's underlying business fundamentals look? Do top analysts think Citi Trends is a good buy? Why has CTRN's stock price moved recently? (Hint: Our stock analysis website can help you decide if CTRN is a good stock to buy).
- Make your CTRN buy order: Decide if you will purchase CTRN shares at the current market price or use a limit order to buy CTRN stock at a specific price.
- Get updates on your CTRN position: Create a watchlist to the latest updates on your investment in Citi Trends stock.
Step 1: Decide where to buy Citi Trends stock
You need an online brokerage account in order to access the NASDAQ market and buy CTRN shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to invest in CTRN stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new trading account.
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Step 3: Deposit money your brokerage account
Now that you have finished signing up on our top ranked stock trading app, you need to deposit funds:
Watch this video walkthrough to see the process of transferring funds into your investment account.
Step 4: Analyze Citi Trends stock
Once you have chosen the best place to buy Citi Trends stock, it's critical to research their stock prior to investing, so you actually understand the risk and opportunity.
Citi Trends Numbers
CTRN Overview
WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CTRN's stock page.
Is CTRN stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge CTRN's intrinsic value.
Using relative valuations measures:
- CTRN could be undervalued based on its P/B ratio of 1.19x, relative to Apparel Retail industry P/B ratio of 7.12x
You can access more valuation analysis on CTRN's stock here.
CTRN Financial Health Summary
Pros:
- CTRN has $79.71M in cash and short term investments. This is sufficient to cover its annual cash burn of $24.45M.
- There are more short-term assets than short-term liabilities on the CTRN balance sheet.
- CTRN has cash burn of 24452000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the CTRN balance sheet.
Cons:
- CTRN has a relatively high debt to equity ratio of 2.29.
- Total CTRN debt is higher than 5 years ago, relative to shareholder equity.
- CTRN profit margin has gone down from 7.4% to -1.6% in the past year.
Do analysts think it's a good time to buy Citi Trends stock
Out of 2 Equities analysts who give forecasts on CTRN, the consensus analyst rating on CTRN is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Citi Trends stock forecast page.
CTRN Trading Indicators
How are CTRN Revenues/Earnings doing?
Last year, CTRN revenue was $747.94M. During the last five year, CTRN's revenue has grown by -0.57% per year. This was slower than the Apparel Retail industry average of 9.21%.
You can research CTRN's earnings and revenue performance here.
What are CTRN executives and large shareholders up to?
In the last year, insiders at CTRN have bought more shares than they have sold.
Fund 1 Investments LLC, 10% Owner of CTRN, was the latest CTRN insider to buy. They bought $646,642.00 worth of CTRN stock on Apr 23, 2024.
Learn more about who owns CTRN shares here.
Can I get consistent income from CTRN stock?
No, Citi Trends doesn't provide an income stream by paying out dividends.
What do other traders have to say about CTRN?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your CTRN buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and your broker will execute the order.
If you require more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your CTRN position
Now that you own some CTRN stock, you'll want to stay up-to-date on your new shares.
Create a watchlist to track the latest developments regarding your CTRN stock.
CTRN Feed
How to Buy Stock in Citi Trends
To summarize, here are the 6 steps for buying Citi Trends stock:
- Decide where to buy Citi Trends stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze Citi Trends stock
- Make your CTRN buy order
- Get updates on your CTRN position
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Citi Trends, add CTRN to your watchlist by clicking the button below.
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