Tilly's Inc (NASDAQ:TLYS) traded down 9.4% during mid-day trading on Tuesday . The stock traded as low as $9.62 and last traded at $9.78, with a volume of 266,158 shares changing hands. The stock had previously closed at $10.79.

Several equities research analysts recently issued reports on the stock. B. Riley reiterated a “buy” rating and issued a $12.00 target price on shares of Tilly's in a research note on Friday. Zacks Investment Research upgraded shares of Tilly's from a “hold” rating to a “strong-buy” rating and set a $9.75 target price for the company in a research note on Tuesday, August 30th. SunTrust Banks Inc. restated a “neutral” rating and set a $8.00 price objective (up from $6.50) on shares of Tilly's in a research report on Friday, August 26th. Piper Jaffray Cos. restated an “overweight” rating and set a $12.00 price objective (up from $10.00) on shares of Tilly's in a research report on Friday, August 26th. Finally, Mizuho restated a “neutral” rating and set a $7.00 price objective (up from $6.50) on shares of Tilly's in a research report on Thursday, August 25th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $9.75.

The stock has a 50 day moving average of $7.71 and a 200 day moving average of $6.66. The company has a market capitalization of $271.48 million and a PE ratio of 61.75.

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Tilly's (NASDAQ:TLYS) last posted its earnings results on Wednesday, August 24th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.08. The business had revenue of $136.41 million for the quarter, compared to the consensus estimate of $132.69 million. The company’s revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.02 earnings per share. Analysts anticipate that Tilly's Inc will post $0.27 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Smith Asset Management Group LP increased its stake in Tilly's by 69.3% in the second quarter. Smith Asset Management Group LP now owns 18,320 shares of the company’s stock valued at $106,000 after buying an additional 7,500 shares during the last quarter. Bank of Montreal Can acquired a new stake in Tilly's during the second quarter valued at approximately $140,000. California State Teachers Retirement System increased its stake in Tilly's by 2.5% in the second quarter. California State Teachers Retirement System now owns 24,438 shares of the company’s stock valued at $141,000 after buying an additional 600 shares during the last quarter. A.R.T. Advisors LLC acquired a new stake in Tilly's during the second quarter valued at approximately $198,000. Finally, BlackRock Investment Management LLC increased its stake in Tilly's by 2.0% in the second quarter. BlackRock Investment Management LLC now owns 45,541 shares of the company’s stock valued at $264,000 after buying an additional 896 shares during the last quarter.

About Tilly's

Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.

5 Day Chart for NASDAQ:TLYS

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