$136.46 Million in Sales Expected for Tilly’s, Inc. (NYSE:TLYS) This Quarter
Analysts expect that Tilly’s, Inc. (NYSE:TLYS) will post sales of $136.46 million for the current quarter, Zacks reports. Three analysts have made estimates for Tilly’s’ earnings, with the highest sales estimate coming in at $137.72 million and the lowest estimate coming in at $134.76 million. Tilly’s posted sales of $136.41 million during the same quarter last year, which suggests a positive year over year growth rate of 0%. The firm is scheduled to issue its next quarterly earnings report on Wednesday, August 23rd.
On average, analysts expect that Tilly’s will report full-year sales of $136.46 million for the current financial year, with estimates ranging from $563.21 million to $583.00 million. For the next fiscal year, analysts anticipate that the firm will report sales of $579.61 million per share, with estimates ranging from $576.54 million to $585.30 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that cover Tilly’s.
Tilly’s (NYSE:TLYS) last released its quarterly earnings data on Tuesday, May 23rd. The specialty retailer reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.09. Tilly’s had a net margin of 2.46% and a return on equity of 7.86%. The company had revenue of $120.90 million during the quarter, compared to analyst estimates of $114.35 million. During the same period last year, the business earned ($0.06) earnings per share. Tilly’s’s revenue was up .6% compared to the same quarter last year.
TLYS has been the subject of several analyst reports. TheStreet raised shares of Tilly’s from a “c+” rating to a “b-” rating in a report on Tuesday, June 27th. Zacks Investment Research raised shares of Tilly’s from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Wednesday, June 28th. B. Riley lowered shares of Tilly’s from a “buy” rating to a “neutral” rating in a report on Tuesday, April 18th. Roth Capital set a $12.00 price objective on shares of Tilly’s and gave the company a “buy” rating in a report on Wednesday, May 24th. Finally, ValuEngine raised shares of Tilly’s from a “hold” rating to a “buy” rating in a report on Thursday, May 25th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $10.86.
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In other news, insider Hezy Shaked sold 30,000 shares of the stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $10.62, for a total transaction of $318,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Tilly Levine sold 10,000 shares of the stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $10.13, for a total value of $101,300.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 140,600 shares of company stock valued at $1,405,906. Insiders own 53.41% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. ClariVest Asset Management LLC raised its stake in Tilly’s by 16.1% in the first quarter. ClariVest Asset Management LLC now owns 255,163 shares of the specialty retailer’s stock valued at $2,303,000 after buying an additional 35,437 shares during the last quarter. Strs Ohio raised its stake in Tilly’s by 49.8% in the first quarter. Strs Ohio now owns 65,600 shares of the specialty retailer’s stock valued at $591,000 after buying an additional 21,800 shares during the last quarter. Oxford Asset Management raised its stake in Tilly’s by 103.4% in the first quarter. Oxford Asset Management now owns 172,781 shares of the specialty retailer’s stock valued at $1,558,000 after buying an additional 87,841 shares during the last quarter. Nordea Investment Management AB raised its stake in Tilly’s by 17.9% in the first quarter. Nordea Investment Management AB now owns 222,400 shares of the specialty retailer’s stock valued at $2,006,000 after buying an additional 33,794 shares during the last quarter. Finally, Nisa Investment Advisors LLC purchased a new stake in Tilly’s during the first quarter valued at $105,000. Hedge funds and other institutional investors own 41.82% of the company’s stock.
Shares of Tilly’s (NYSE TLYS) opened at 9.91 on Friday. Tilly’s has a 12 month low of $5.53 and a 12 month high of $15.29. The firm’s 50-day moving average is $10.15 and its 200 day moving average is $10.41. The company has a market capitalization of $285.28 million, a price-to-earnings ratio of 20.31 and a beta of -0.42.
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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