Tilly’s, Inc. (NYSE:TLYS) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “Tilly’s, Inc. is a specialty retailer in the action sports industry selling clothing, shoes and accessories. The Company distributes t-shirts, sweatshirts, jackets, shorts, pants, jeans, sweaters, swimwear, shoes and accessories for men, women and kids through its website. It sells denim apparel and cologne for guys, boys and juniors and apparel, footwear and accessories for juniors and girls under RSQ, Full Tilt, Blue Crown and Infamous brand names. Tilly’s, Inc. is based in Irvine, California. “

TLYS has been the topic of several other research reports. B. Riley restated a “buy” rating and set a $12.00 target price on shares of Tilly’s in a research report on Monday, May 29th. TheStreet raised shares of Tilly’s from a “c+” rating to a “b-” rating in a report on Tuesday, June 27th. ValuEngine cut shares of Tilly’s from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. BidaskClub raised shares of Tilly’s from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Finally, Roth Capital set a $12.00 price target on shares of Tilly’s and gave the stock a “buy” rating in a report on Wednesday, May 24th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Tilly’s presently has an average rating of “Hold” and a consensus target price of $10.86.

Tilly’s (TLYS) traded down 1.96% during trading on Wednesday, reaching $10.00. The company’s stock had a trading volume of 16,892 shares. The stock’s 50 day moving average is $10.10 and its 200 day moving average is $10.33. The company has a market cap of $287.87 million, a price-to-earnings ratio of 20.49 and a beta of -0.42. Tilly’s has a 12 month low of $5.53 and a 12 month high of $15.29.

Tilly’s (NYSE:TLYS) last posted its earnings results on Tuesday, May 23rd. The specialty retailer reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.09. The firm had revenue of $120.90 million for the quarter, compared to the consensus estimate of $114.35 million. Tilly’s had a return on equity of 7.86% and a net margin of 2.46%. The business’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.06) earnings per share. On average, equities analysts expect that Tilly’s will post $0.45 EPS for the current fiscal year.

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In related news, insider Hezy Shaked sold 30,000 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $10.62, for a total value of $318,600.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Tilly Levine sold 20,000 shares of the stock in a transaction on Friday, July 7th. The shares were sold at an average price of $9.80, for a total value of $196,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 140,600 shares of company stock worth $1,405,906. Insiders own 53.41% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TLYS. Russell Investments Group Ltd. boosted its stake in Tilly’s by 2.3% in the second quarter. Russell Investments Group Ltd. now owns 46,735 shares of the specialty retailer’s stock worth $475,000 after buying an additional 1,048 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its stake in Tilly’s by 2.7% in the first quarter. Dynamic Technology Lab Private Ltd now owns 47,790 shares of the specialty retailer’s stock worth $431,000 after buying an additional 1,274 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake 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. Schwab Charles Investment Management Inc. boosted its stake 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. Finally, TIAA CREF Investment Management LLC boosted its stake in Tilly’s by 5.6% in the first quarter. TIAA CREF Investment Management LLC now owns 195,113 shares of the specialty retailer’s stock worth $1,760,000 after buying an additional 10,340 shares in the last quarter. 41.44% of the stock is currently owned by institutional investors and hedge funds.

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.

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Analyst Recommendations for Tilly`s (NYSE:TLYS)

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