Insider Buying: Jennifer Ehrhardt Acquires 2,500 Shares of Tilly's Stock (TLYS)
Tilly's (NASDAQ:TLYS) CFO Jennifer Ehrhardt bought 2,500 shares of Tilly's stock on the open market in a transaction dated Friday, June 27th. The stock was purchased at an average price of $8.00 per share, for a total transaction of $20,000.00. Following the transaction, the chief financial officer now directly owns 2,500 shares of the company’s stock, valued at approximately $20,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
TLYS has been the subject of a number of recent research reports. Analysts at B. Riley downgraded shares of Tilly's from a “buy” rating to a “neutral” rating in a research note on Monday. They now have a $9.00 price target on the stock, down previously from $12.50. Separately, analysts at Roth Capital reiterated a “buy” rating on shares of Tilly's in a research note on Thursday, May 29th. They now have a $9.00 price target on the stock, down previously from $15.00. Finally, analysts at Goldman Sachs cut their price target on shares of Tilly's from $11.00 to $10.00 in a research note on Thursday, May 29th. They now have a “neutral” rating on the stock. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $10.86.
Tilly's (NASDAQ:TLYS) opened at 8.22 on Wednesday. Tilly's has a 52 week low of $7.68 and a 52 week high of $17.35. The stock’s 50-day moving average is $9. and its 200-day moving average is $10.79. The company has a market cap of $230.4 million and a P/E ratio of 13.65.
Tilly's (NASDAQ:TLYS) last released its earnings data on Wednesday, May 28th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The company had revenue of $111.10 million for the quarter, compared to the consensus estimate of $113.22 million. During the same quarter in the previous year, the company posted $0.08 earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. On average, analysts predict that Tilly's will post $0.49 earnings per share for the current fiscal year.
Tilly’s, Inc is a specialty retailer of West Coast apparel, footwear and accessories. The Company has brands in action sports, music, art and fashion.
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