Tilly's Sets New 12-Month Low at $7.68 (TLYS)
Tilly's (NASDAQ:TLYS) hit a new 52-week low during mid-day trading on Thursday , AnalystRatings.Net reports. The stock traded as low as $7.68 and last traded at $7.94, with a volume of 78,672 shares traded. The stock had previously closed at $7.85.
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, June 30th. 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 research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $10.86.
The stock’s 50-day moving average is $8.54 and its 200-day moving average is $10.68. The company has a market cap of $220.6 million and a price-to-earnings ratio of 13.33.
Tilly's (NASDAQ:TLYS) last released its earnings data on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, meeting the Thomson Reuters 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 prior year, the company posted $0.08 earnings per share. The company’s quarterly revenue 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.
In other Tilly's news, CEO Daniel Griesemer acquired 25,000 shares of the stock in a transaction that occurred on Thursday, June 26th. The stock was purchased at an average price of $7.79 per share, for a total transaction of $194,750.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
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.