Tilly's Stock Price Down 6.2% After Analyst Downgrade (TLYS)
Tilly's (NASDAQ:TLYS) was down 6.2% during mid-day trading on Thursday after Mizuho lowered their price target on the stock from $8.00 to $7.00, ARN reports. Mizuho currently has a neutral rating on the stock. Tilly's traded as low as $7.81 and last traded at $7.99, with a volume of 244,270 shares. The stock had previously closed at $8.52.
Separately, 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. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $10.71.
The stock has a 50-day moving average of $7. and a 200-day moving average of $9.82. The company has a market cap of $225.7 million and a price-to-earnings ratio of 14.47.
Tilly's (NASDAQ:TLYS) last released its earnings data on Wednesday, August 27th. The company reported $0.05 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.05. The company had revenue of $123.10 million for the quarter, compared to the consensus estimate of $122.25 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. Analysts expect that Tilly's will post $0.48 EPS 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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