Tilly’s, Inc. (TLYS) Downgraded to “Hold” at BidaskClub
Tilly’s, Inc. (NYSE:TLYS) was downgraded by investment analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Tuesday.
Several other equities research analysts have also recently weighed in on the company. Zacks Investment Research cut Tilly’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 26th. TheStreet raised Tilly’s from a “c+” rating to a “b-” rating in a research note on Tuesday, June 27th. ValuEngine cut Tilly’s from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. B. Riley reissued a “buy” rating and issued a $12.00 price target on shares of Tilly’s in a research note on Monday, May 29th. Finally, Roth Capital set a $12.00 price target on Tilly’s and gave the company a “buy” rating in a research note on Wednesday, May 24th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Tilly’s currently has a consensus rating of “Hold” and a consensus target price of $10.86.
Shares of Tilly’s (NYSE:TLYS) traded up 3.19% during trading on Tuesday, reaching $10.35. The company’s stock had a trading volume of 47,326 shares. The company’s 50 day moving average price is $10.07 and its 200 day moving average price is $10.21. The firm has a market cap of $297.95 million, a PE ratio of 21.21 and a beta of -0.43. Tilly’s has a 12 month low of $5.53 and a 12 month high of $15.29.
Tilly’s (NYSE:TLYS) last issued its earnings results on Tuesday, May 23rd. The specialty retailer reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.09. Tilly’s had a return on equity of 7.86% and a net margin of 2.46%. The business had revenue of $120.90 million during the quarter, compared to analysts’ expectations of $114.35 million. During the same quarter in the prior year, the firm earned ($0.06) EPS. The business’s revenue for the quarter was up .6% compared to the same quarter last year. On average, equities analysts predict that Tilly’s will post $0.45 earnings per share for the current year.
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In related news, insider Hezy Shaked sold 30,000 shares of the firm’s 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Tilly Levine sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 10th. The stock was 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. In the last three months, insiders sold 100,600 shares of company stock valued at $1,020,906. Insiders own 53.41% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC acquired a new stake in Tilly’s during the first quarter valued at approximately $105,000. Airain ltd acquired a new stake in Tilly’s during the first quarter valued at approximately $116,000. Rhumbline Advisers boosted its stake in Tilly’s by 4.2% in the second quarter. Rhumbline Advisers now owns 14,358 shares of the specialty retailer’s stock valued at $146,000 after buying an additional 580 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 valued at $229,000 after buying an additional 8,200 shares in the last quarter. Finally, Highbridge Capital Management LLC acquired a new stake in Tilly’s during the fourth quarter valued at approximately $236,000. 39.94% of the stock is owned by institutional investors and hedge funds.
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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