Zacks: Analysts Anticipate Tilly’s, Inc. (TLYS) to Announce $0.06 EPS
Equities analysts expect that Tilly’s, Inc. (NYSE:TLYS) will report earnings per share of $0.06 for the current quarter, Zacks reports. Three analysts have made estimates for Tilly’s’ earnings. The highest EPS estimate is $0.07 and the lowest is $0.05. Tilly’s posted earnings of $0.05 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 20%. The firm is expected to report its next quarterly earnings results on Wednesday, August 23rd.
According to Zacks, analysts expect that Tilly’s will report full year earnings of $0.45 per share for the current financial year, with EPS estimates ranging from $0.40 to $0.48. For the next year, analysts anticipate that the firm will report earnings of $0.51 per share, with EPS estimates ranging from $0.45 to $0.57. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Tilly’s.
Tilly’s (NYSE:TLYS) last announced its quarterly earnings data on Tuesday, May 23rd. The specialty retailer reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.09. The firm had revenue of $120.90 million for the quarter, compared to analyst estimates of $114.35 million. Tilly’s had a net margin of 2.46% and a return on equity of 7.86%. The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.06) earnings per share.
TLYS has been the topic of several research analyst reports. TheStreet upgraded shares of Tilly’s from a “c+” rating to a “b-” rating in a research note on Tuesday, June 27th. B. Riley lowered shares of Tilly’s from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 18th. Zacks Investment Research upgraded shares of Tilly’s from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research note on Wednesday, June 28th. Roth Capital set a $12.00 price target on shares of Tilly’s and gave the stock a “buy” rating in a research note on Wednesday, May 24th. Finally, ValuEngine lowered shares of Tilly’s from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $10.86.
In other Tilly’s news, insider Hezy Shaked sold 30,000 shares of Tilly’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $10.62, for a total value of $318,600.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Tilly Levine sold 20,000 shares of Tilly’s stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $9.88, for a total transaction of $197,600.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 140,600 shares of company stock worth $1,405,906. 53.41% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC acquired a new position in Tilly’s during the first quarter worth approximately $105,000. Airain ltd acquired a new position in Tilly’s during the first quarter worth approximately $116,000. O Shaughnessy Asset Management LLC raised its position in Tilly’s by 47.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 25,442 shares of the specialty retailer’s stock worth $229,000 after buying an additional 8,200 shares in the last quarter. Highbridge Capital Management LLC acquired a new position in Tilly’s during the fourth quarter worth approximately $236,000. Finally, Schwab Charles Investment Management Inc. raised its position in Tilly’s by 28.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 39,827 shares of the specialty retailer’s stock worth $360,000 after buying an additional 8,783 shares in the last quarter. Institutional investors own 41.82% of the company’s stock.
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Shares of Tilly’s (NYSE TLYS) traded down 0.98% during midday trading on Thursday, hitting $10.14. 83,856 shares of the stock were exchanged. The company has a market cap of $291.90 million, a PE ratio of 20.78 and a beta of -0.42. Tilly’s has a 12 month low of $5.53 and a 12 month high of $15.29. The stock has a 50 day moving average price of $10.15 and a 200-day moving average price of $10.41.
Tilly’s Company Profile
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.
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