Brokerages Expect Tilly’s, Inc. (TLYS) Will Announce Earnings of $0.21 Per Share
Analysts expect Tilly’s, Inc. (NYSE:TLYS) to announce earnings per share (EPS) of $0.21 for the current quarter, Zacks reports. Three analysts have issued estimates for Tilly’s’ earnings, with the lowest EPS estimate coming in at $0.21 and the highest estimate coming in at $0.22. Tilly’s reported earnings of $0.22 per share during the same quarter last year, which suggests a negative year over year growth rate of 4.5%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, November 29th.
On average, analysts expect that Tilly’s will report full-year earnings of $0.54 per share for the current financial year, with EPS estimates ranging from $0.50 to $0.60. For the next fiscal year, analysts anticipate that the business will post earnings of $0.58 per share, with EPS estimates ranging from $0.55 to $0.65. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Tilly’s.
Tilly’s (NYSE:TLYS) last issued its earnings results on Wednesday, August 23rd. The specialty retailer reported $0.11 earnings per share 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 business had revenue of $138.80 million for the quarter, compared to analyst estimates of $136.46 million. During the same period last year, the company posted $0.05 EPS. The business’s quarterly revenue was up 1.8% on a year-over-year basis.
TLYS has been the subject of a number of research reports. BidaskClub lowered shares of Tilly’s from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. Zacks Investment Research raised shares of Tilly’s from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Tuesday, August 29th. ValuEngine lowered shares of Tilly’s from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Roth Capital set a $12.00 price objective on shares of Tilly’s and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Finally, TheStreet raised shares of Tilly’s from a “c+” rating to a “b-” rating in a research note on Tuesday, June 27th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Tilly’s has an average rating of “Hold” and a consensus price target of $11.60.
Shares of Tilly’s (NYSE:TLYS) traded down 0.32% during mid-day trading on Monday, reaching $12.46. The company had a trading volume of 53,379 shares. The company’s 50-day moving average is $11.78 and its 200 day moving average is $10.20. Tilly’s has a 52-week low of $8.02 and a 52-week high of $15.29. The stock has a market capitalization of $359.12 million, a P/E ratio of 29.81 and a beta of -0.45.
In other news, insider Hezy Shaked sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $8.94, for a total transaction of $89,400.00. The transaction was disclosed in a 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 dated Wednesday, August 30th. The stock was sold at an average price of $10.54, for a total transaction of $210,800.00. The disclosure for this sale can be found here. Insiders sold a total of 490,000 shares of company stock worth $5,625,333 in the last quarter. Insiders own 50.12% of the company’s stock.
Large investors have recently bought and sold shares of the company. Rhumbline Advisers increased its holdings in shares of 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 purchasing an additional 580 shares during the period. Hillsdale Investment Management Inc. bought a new position in shares of Tilly’s during the 2nd quarter worth about $151,000. Cornerstone Capital Management Holdings LLC. increased its holdings in shares of 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 purchasing an additional 7,900 shares during the period. Schwab Charles Investment Management Inc. increased its holdings in shares of Tilly’s by 28.3% during 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 during the period. Finally, Susquehanna International Group LLP increased its holdings in shares of Tilly’s by 8.8% during the 2nd quarter. Susquehanna International Group LLP now owns 40,458 shares of the specialty retailer’s stock worth $411,000 after purchasing an additional 3,258 shares during the period. Institutional investors own 40.31% of the company’s stock.
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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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