Tilly's (TLYS) Releases Quarterly Earnings Results
Tilly's (NASDAQ:TLYS) announced its earnings results on Wednesday. The company reported $0.05 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.05, Analyst RN reports. The company had revenue of $123.10 million for the quarter, compared to the consensus estimate of $122.25 million.
Shares of Tilly's (NASDAQ:TLYS) traded up 1.43% on Wednesday, hitting $8.52. The stock had a trading volume of 409,635 shares. Tilly's has a 1-year low of $7.32 and a 1-year high of $15.95. The stock has a 50-day moving average of $7.81 and a 200-day moving average of $9.82. The company has a market cap of $238.8 million and a price-to-earnings ratio of 14.26.
Several analysts have recently commented on the stock. 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. On a related note, 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. Tilly's has a consensus rating of “Hold” and a consensus target price of $10.86.
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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