Tilly's (NYSE:TLYS) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.

TLYS has been the topic of several other research reports. BidaskClub downgraded Tilly's from a “hold” rating to a “sell” rating in a report on Monday, August 14th. Zacks Investment Research downgraded Tilly's from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. B. Riley reissued a “buy” rating and set a $13.00 price objective on shares of Tilly's in a report on Thursday, August 24th. Finally, Roth Capital set a $16.00 price objective on Tilly's and gave the company a “buy” rating in a report on Friday, November 17th. Four 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 an average price target of $12.80.

Tilly's (NYSE:TLYS) traded up $3.28 during midday trading on Thursday, hitting $16.50. The company had a trading volume of 1,861,012 shares, compared to its average volume of 196,231. Tilly's has a 12 month low of $8.02 and a 12 month high of $16.57. The firm has a market cap of $382.47, a P/E ratio of 24.57 and a beta of -0.55.

Tilly's (NYSE:TLYS) last released its quarterly earnings data on Wednesday, November 29th. The specialty retailer reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.09. Tilly's had a return on equity of 8.85% and a net margin of 2.09%. The company had revenue of $152.80 million for the quarter, compared to the consensus estimate of $151.44 million. During the same quarter last year, the business posted $0.22 EPS. Tilly's’s revenue for the quarter was up .5% on a year-over-year basis. equities analysts expect that Tilly's will post 0.54 EPS for the current fiscal year.

In other Tilly's news, major shareholder Tilly Levine sold 192,249 shares of Tilly's stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $11.52, for a total transaction of $2,214,708.48. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Hezy Shaked sold 15,000 shares of Tilly's stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $11.50, for a total value of $172,500.00. The disclosure for this sale can be found here. Insiders have sold a total of 550,000 shares of company stock worth $6,460,833 over the last ninety days. Company insiders own 50.12% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. First Trust Advisors LP acquired a new position in Tilly's during the 3rd quarter worth about $122,000. Wells Fargo & Company MN lifted its holdings in Tilly's by 74.7% during the 3rd quarter. Wells Fargo & Company MN now owns 12,080 shares of the specialty retailer’s stock worth $133,000 after buying an additional 5,167 shares during the period. Rhumbline Advisers lifted its holdings 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 buying an additional 580 shares during the period. Hillsdale Investment Management Inc. acquired a new position in Tilly's during the 2nd quarter worth about $151,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new position in Tilly's during the 3rd quarter worth about $151,000. 43.59% of the stock is currently owned by hedge funds and other institutional investors.

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Tilly's Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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