Zacks: Analysts Anticipate Tilly’s, Inc. (TLYS) Will Post Quarterly Sales of $151.70 Million
Equities analysts expect Tilly’s, Inc. (NYSE:TLYS) to post $151.70 million in sales for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Tilly’s’ earnings, with the highest sales estimate coming in at $153.25 million and the lowest estimate coming in at $149.36 million. Tilly’s posted sales of $152.11 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.3%. The firm is scheduled to issue its next earnings report on Wednesday, November 29th.
On average, analysts expect that Tilly’s will report full year sales of $151.70 million for the current year, with estimates ranging from $569.00 million to $589.20 million. For the next financial year, analysts anticipate that the company will post sales of $584.37 million per share, with estimates ranging from $584.00 million to $584.90 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Tilly’s.
Tilly’s (NYSE:TLYS) last posted its earnings results on Wednesday, August 23rd. The specialty retailer reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.06. Tilly’s had a return on equity of 8.85% and a net margin of 2.09%. The firm had revenue of $138.80 million for the quarter, compared to the consensus estimate of $136.46 million. During the same quarter in the prior year, the business posted $0.05 earnings per share. The business’s quarterly revenue was up 1.8% on a year-over-year basis.
A number of equities research analysts have recently issued reports on TLYS shares. TheStreet raised shares of Tilly’s from a “c+” rating to a “b-” rating in a research report on Tuesday, June 27th. Zacks Investment Research downgraded shares of Tilly’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 26th. BidaskClub raised shares of Tilly’s from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. ValuEngine downgraded shares of Tilly’s from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Roth Capital set a $12.00 target price on shares of Tilly’s and gave the stock a “buy” rating in a report on Wednesday, August 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Tilly’s has a consensus rating of “Hold” and an average target price of $11.60.
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Shares of Tilly’s (TLYS) opened at 12.32 on Friday. The company has a 50 day moving average price of $11.03 and a 200-day moving average price of $9.95. Tilly’s has a 12 month low of $8.02 and a 12 month high of $15.29. The stock has a market cap of $355.09 million, a P/E ratio of 29.47 and a beta of -0.45.
In other Tilly’s news, insider Hezy Shaked sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $8.94, for a total value of $89,400.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Tilly Levine sold 20,000 shares of the business’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $11.60, for a total transaction of $232,000.00. The disclosure for this sale can be found here. Insiders sold a total of 395,600 shares of company stock valued at $4,500,039 in the last ninety days. 50.12% of the stock is currently owned by insiders.
Hedge funds have recently made changes to their positions in the business. Rhumbline Advisers lifted its stake in Tilly’s by 4.2% in the 2nd quarter. Rhumbline Advisers now owns 14,358 shares of the specialty retailer’s stock worth $146,000 after purchasing an additional 580 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new stake in Tilly’s in the 2nd quarter worth $151,000. Cornerstone Capital Management Holdings LLC. lifted its stake in Tilly’s by 59.8% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 21,100 shares of the specialty retailer’s stock worth $213,000 after purchasing an additional 7,900 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Tilly’s by 47.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 25,442 shares of the specialty retailer’s stock worth $229,000 after purchasing an additional 8,200 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in Tilly’s by 28.3% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 39,827 shares of the specialty retailer’s stock worth $360,000 after purchasing an additional 8,783 shares in the last quarter. Institutional investors and hedge funds 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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