Zacks: Analysts Expect Tilly's Inc (TLYS) Will Post Quarterly Sales of $165.88 Million

Wall Street analysts predict that Tilly's Inc (NYSE:TLYS) will report $165.88 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Tilly's’ earnings, with the highest sales estimate coming in at $175.20 million and the lowest estimate coming in at $160.17 million. Tilly's posted sales of $160.22 million during the same quarter last year, which suggests a positive year over year growth rate of 3.5%. The firm is scheduled to announce its next quarterly earnings report on Monday, March 12th.

According to Zacks, analysts expect that Tilly's will report full year sales of $165.88 million for the current financial year, with estimates ranging from $569.28 million to $586.70 million. For the next year, analysts expect that the company will post sales of $583.68 million per share, with estimates ranging from $582.50 million to $584.32 million. Zacks’ sales calculations are an average based on a survey of research firms that cover Tilly's.

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, topping the consensus estimate of $0.21 by $0.09. The company had revenue of $152.80 million for the quarter, compared to analyst estimates of $151.44 million. Tilly's had a net margin of 2.50% and a return on equity of 10.23%. Tilly's’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.22 EPS.

TLYS has been the topic of several recent analyst reports. Roth Capital set a $17.00 price objective on shares of Tilly's and gave the stock a “buy” rating in a research note on Friday. ValuEngine lowered shares of Tilly's from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. B. Riley restated a “buy” rating and set a $13.00 price objective on shares of Tilly's in a research note on Tuesday, August 29th. BidaskClub lowered shares of Tilly's from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Zacks Investment Research upgraded shares of Tilly's from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research note on Tuesday, August 29th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Tilly's presently has a consensus rating of “Buy” and a consensus price target of $13.50.

Tilly's (NYSE:TLYS) opened at $16.40 on Friday. The firm has a market cap of $472.68, a PE ratio of 26.45 and a beta of -0.44. Tilly's has a 52 week low of $8.02 and a 52 week high of $16.57.

In related news, major shareholder Tilly Levine sold 20,000 shares of Tilly's stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $11.60, for a total transaction of $232,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hezy Shaked sold 10,000 shares of Tilly's stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $11.72, for a total transaction of $117,200.00. The disclosure for this sale can be found here. Insiders have sold a total of 550,000 shares of company stock valued at $6,460,833 in the last ninety days. 50.12% of the stock is currently owned by insiders.

Several hedge funds have recently made changes to their positions in TLYS. First Trust Advisors LP bought a new stake in Tilly's in the 3rd quarter valued at about $122,000. Wells Fargo & Company MN boosted its holdings in Tilly's by 74.7% in the 3rd quarter. Wells Fargo & Company MN now owns 12,080 shares of the specialty retailer’s stock valued at $133,000 after purchasing an additional 5,167 shares during the period. Rhumbline Advisers boosted its holdings in Tilly's by 4.2% in the 2nd quarter. Rhumbline Advisers now owns 14,358 shares of the specialty retailer’s stock valued at $146,000 after purchasing an additional 580 shares during the period. Hillsdale Investment Management Inc. bought a new stake in Tilly's in the 2nd quarter valued at about $151,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new stake in Tilly's in the 3rd quarter valued at about $151,000. 43.59% of the stock is owned by institutional investors and hedge funds.

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About Tilly's

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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