7 Basic Materials Stocks to Buy to Anchor Your Portfolio
The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!
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Shares Stats
| Shares Outstanding | 10,139,000 |
| Shares Float | 8,471,736 |
| Shares Short | 529,288 |
| Insider Holdings | 936% |
| Institution Holdings | 91.85% |
About Citi Trends, Inc
Citi Trends, Inc. operates as a value-priced retailer of fashion apparel, accessories, and home goods. 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. It provides its products primarily to African-Americans in the United States. As of February 1, 2020, the company operated 571 stores in urban and rural markets in 33 states. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.
General
| Name | Citi Trends, Inc |
| Ticker | CTRN |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Apparel Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | February |
| Full Time Employees | 3,000 |
Highlights
| Analyst Target | 112.50 |
| Market Cap | 916,261,440 |
| PE Ratio | -17.34 |
| PEG Ratio | 1.08 |
| EBITDA | 41,750,000 |
Financials
| Profit Margin | 0.02 |
| Return on Assets | 0.03 |
| Return on Equity | 0.09 |
| Revenue | 742,387,968 |
| Earnings Per Share | 2.32 |
| Revenue Per Share | 69.94 |
| Gross Profit | 297,185,000 |
| Quarterly Revenue Growth | 0.09 |
Valuation
| Trailing PE | 38.95 |
| Price/Sales (Trailing 12 Mt.) | 1.21 |
| Price/Book (Most Recent Quarter) | 5.32 |
Earnings
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