Loading...
Loading...
Citi Trends, Inc. CTRN was a big mover last session with its shares rising over 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above past one month's volatile price range of $16.34 to $17.93.
This retailer of urban fashion apparel and accessories has seen a mixed track record when it comes to estimate revisions of 1 increase and 1 decrease over the last 60 days. Meanwhile, the Zacks Consensus Estimate has moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.
Citi Trends currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Better-ranked stocks worth considering in the broader retail sector include Zumiez, Inc. ZUMZ, American Apparel, Inc. APP and Foot Locker, Inc. FL. All the three stocks bear a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
This retailer of urban fashion apparel and accessories has seen a mixed track record when it comes to estimate revisions of 1 increase and 1 decrease over the last 60 days. Meanwhile, the Zacks Consensus Estimate has moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.
Citi Trends currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Better-ranked stocks worth considering in the broader retail sector include Zumiez, Inc. ZUMZ, American Apparel, Inc. APP and Foot Locker, Inc. FL. All the three stocks bear a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free reportAMER APPAREL APP: Free Stock Analysis Report
CITI TRENDS INC CTRN: Free Stock Analysis Report
FOOT LOCKER INC FL: Free Stock Analysis Report
ZUMIEZ INC ZUMZ: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Loading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
