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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 $18.65, down 3.12% from the previous day, and has increased 1.91% in one year. It has underperformed other stocks in the Apparel Retail industry by 0.2 percentage points. Citi Trends stock is currently +4.57% from its 52-week low of $17.84, and -43.31% from its 52-week high of $32.90.

At the moment, there are 8.6M CTRN shares outstanding. The market cap of CTRN is $160.30M. In the past 24 hours, 227,646 CTRN shares were traded.

How to Buy Citi Trends Stock

Wondering how to invest in Citi Trends stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$18.65
1w %
-3.57%
1y %
1.91%
5y %
18.64%
P/E
-17.43x
P/B
1.04x
P/S
0.2x
PEG
N/A
Revenue
$754.54M
Earnings
-$8.77M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$160.30M
Next Earnings
Aug 20, 2024
Next Dividend
N/A

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 1.04x, relative to Apparel Retail industry P/B ratio of 7.94x

You can access more valuation analysis on CTRN's stock here.

CTRN Financial Health Summary

Pros:

  • CTRN has $58.17M in cash and short term investments. This is sufficient to cover its annual cash burn of $31.65M.
  • There are more short-term assets than short-term liabilities on the CTRN balance sheet.
  • CTRN has cash burn of 31651000. 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 2.13.
  • Total CTRN debt is higher than 5 years ago, relative to shareholder equity.
  • CTRN profit margin has gone down from 2.9% to -1.2% 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

SMA10
19.38
SMA20
20.49
SMA50
22.06
SMA100
24.46
SMA200
24.96
MACD
-1.03
MACD Signal
-0.9
MACD Histogram
-0.13
RSI
29.38
Stochastic %K
13.83
Stochastic %D
11.35
StochRSI %K
20.9
StochRSI %D
12.75

How are CTRN Revenues/Earnings doing?

Last year, CTRN revenue was $754.54M. During the last five year, CTRN's revenue has grown by -0.24% per year. This was slower than the Apparel Retail industry average of 8.16%.

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.

Kenneth Duane Seipel, Interim CEO of CTRN, was the latest CTRN insider to buy. They bought $2,575,945.06 worth of CTRN stock on Jul 12, 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?

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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.

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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:

  1. Decide where to buy Citi Trends stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Citi Trends stock
  5. Make your CTRN buy order
  6. Get updates on your CTRN position

If you need a online brokerage, eToro is our recommended venue.

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If 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.

NASDAQ: CTRN
$18.65-0.60 (-3.12%)
Updated Jul 12, 2024
Open eToro Account
NASDAQ: CTRN
$18.65-0.60 (-3.12%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Citi Trends share?

As of Jul 12, 2024, it costs $18.65 to buy one share of Citi Trends stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.483 shares of CTRN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Citi Trends stock?

According to 2 Wall Street analysts who monitor Citi Trends, their consensus recommendation is to buy Citi Trends stock.

What is the best way to buy Citi Trends stock?

One way to place an order for Citi Trends stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.