Tilly’s Inc (TLYS) Given Average Recommendation of “Hold” by Analysts

Shares of Tilly’s Inc (NYSE:TLYS) have received an average recommendation of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating and five have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $17.25.

Several equities research analysts have recently issued reports on TLYS shares. Pivotal Research started coverage on Tilly’s in a report on Monday, August 13th. They set a “buy” rating and a $19.00 price target for the company. William Blair upgraded Tilly’s from a “market perform” rating to an “outperform” rating in a report on Thursday, August 30th. Roth Capital set a $22.00 target price on Tilly’s and gave the stock a “buy” rating in a report on Thursday, August 30th. Zacks Investment Research upgraded Tilly’s from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a report on Saturday, September 1st. Finally, B. Riley boosted their target price on Tilly’s from $17.00 to $26.00 and gave the stock a “buy” rating in a report on Tuesday, September 4th.

In related news, Director Seth R. Johnson sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, September 28th. The stock was sold at an average price of $19.03, for a total value of $142,725.00. Following the completion of the sale, the director now directly owns 66,362 shares in the company, valued at approximately $1,262,868.86. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Hezy Shaked sold 2,879,049 shares of the business’s stock in a transaction that occurred on Tuesday, September 11th. The stock was sold at an average price of $18.50, for a total value of $53,262,406.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,393,521 shares of company stock valued at $99,783,814. Corporate insiders own 48.26% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Harvest Fund Management Co. Ltd acquired a new position in shares of Tilly’s during the third quarter worth approximately $138,000. Point72 Hong Kong Ltd acquired a new position in shares of Tilly’s during the third quarter worth approximately $149,000. Victory Capital Management Inc. acquired a new position in shares of Tilly’s during the third quarter worth approximately $210,000. MetLife Investment Advisors LLC acquired a new position in shares of Tilly’s during the third quarter worth approximately $215,000. Finally, Marshall Wace LLP acquired a new position in shares of Tilly’s during the third quarter worth approximately $229,000. Institutional investors own 70.70% of the company’s stock.

Shares of Tilly’s stock traded up $0.24 during trading on Monday, hitting $11.47. 797,681 shares of the stock traded hands, compared to its average volume of 872,580. The firm has a market cap of $329.13 million, a price-to-earnings ratio of 13.86, a P/E/G ratio of 1.21 and a beta of 0.13. Tilly’s has a twelve month low of $10.72 and a twelve month high of $25.46.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, November 28th. The specialty retailer reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The business had revenue of $146.80 million during the quarter, compared to analyst estimates of $148.74 million. Tilly’s had a return on equity of 14.39% and a net margin of 4.06%. The firm’s revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.31 EPS. On average, equities research analysts predict that Tilly’s will post 0.84 EPS for the current year.

About Tilly’s

Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

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Analyst Recommendations for Tilly`s (NYSE:TLYS)

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