Citi Trends (NASDAQ:CTRN) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.30-1.50 for the period.
CTRN opened at $14.99 on Thursday. The company’s 50 day simple moving average is $15.20 and its 200 day simple moving average is $17.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.67 and a current ratio of 1.68. Citi Trends has a 1 year low of $13.41 and a 1 year high of $34.90. The stock has a market capitalization of $186.56 million, a PE ratio of 9.14 and a beta of 0.64.
Citi Trends (NASDAQ:CTRN) last announced its quarterly earnings results on Thursday, May 23rd. The company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.13). The business had revenue of $205.03 million for the quarter. Citi Trends had a net margin of 2.34% and a return on equity of 9.68%. As a group, sell-side analysts expect that Citi Trends will post 1.4 earnings per share for the current fiscal year.
Separately, TheStreet cut shares of Citi Trends from a b- rating to a c+ rating in a research report on Thursday, May 23rd.
About Citi Trends
Citi Trends, Inc operates as a value-priced retailer of urban fashion apparel and accessories. The company offers apparel, such as fashion sportswear for men and women, as well as children, including newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional bedroom, bathroom, and kitchen products, as well as beauty products and toys.
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