Tilly’s, Inc. (TLYS) Receives Consensus Rating of “Hold” from Analysts
Tilly’s, Inc. (NYSE:TLYS) has earned an average rating of “Hold” from the eight brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $11.60.
Several research analysts have recently issued reports on TLYS shares. TheStreet upgraded shares of Tilly’s from a “c+” rating to a “b-” rating in a report on Tuesday, June 27th. B. Riley reiterated a “buy” rating and set a $13.00 price target on shares of Tilly’s in a research note on Tuesday, August 29th. Zacks Investment Research upgraded shares of Tilly’s from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Tuesday, August 29th. Roth Capital set a $12.00 price target on shares of Tilly’s and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Finally, BidaskClub raised shares of Tilly’s from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th.
Shares of Tilly’s (NYSE TLYS) traded up 1.16% during mid-day trading on Wednesday, reaching $12.16. The company’s stock had a trading volume of 3,126 shares. The stock has a market capitalization of $350.48 million, a price-to-earnings ratio of 29.09 and a beta of -0.45. The company’s 50-day moving average is $10.84 and its 200-day moving average is $9.92. Tilly’s has a 52 week low of $8.02 and a 52 week high of $15.29.
Tilly’s (NYSE:TLYS) last released its quarterly earnings data on Wednesday, August 23rd. The specialty retailer reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.06. The company had revenue of $138.80 million for the quarter, compared to analysts’ expectations of $136.46 million. Tilly’s had a net margin of 2.09% and a return on equity of 8.85%. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter last year, the company earned $0.05 earnings per share. Equities analysts predict that Tilly’s will post $0.54 EPS for the current year.
In related news, major shareholder Tilly Levine sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $10.54, for a total transaction of $210,800.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Hezy Shaked sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $8.94, for a total value of $89,400.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 415,600 shares of company stock worth $4,696,039. Insiders own 50.12% of the company’s stock.
Hedge funds have recently modified their holdings of the stock. Airain ltd purchased a new stake in Tilly’s during the 1st quarter valued at approximately $116,000. Rhumbline Advisers lifted its position in Tilly’s by 4.2% during the 2nd quarter. Rhumbline Advisers now owns 14,358 shares of the specialty retailer’s stock worth $146,000 after acquiring an additional 580 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in Tilly’s during the 2nd quarter worth approximately $151,000. Cornerstone Capital Management Holdings LLC. lifted its position in Tilly’s by 59.8% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 21,100 shares of the specialty retailer’s stock worth $213,000 after acquiring an additional 7,900 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its position in Tilly’s by 47.6% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 25,442 shares of the specialty retailer’s stock worth $229,000 after acquiring an additional 8,200 shares during the period. Hedge funds and other institutional investors own 40.31% of the company’s stock.
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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