Analysts Set Tilly’s Inc (NYSE:TLYS) Price Target at $15.75

Shares of Tilly’s Inc (NYSE:TLYS) have been given an average recommendation of “Buy” by the seven brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $15.75.

Several research analysts have recently weighed in on TLYS shares. Zacks Investment Research upgraded Tilly’s from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Thursday, May 16th. Pivotal Research reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Tilly’s in a report on Monday, March 11th. ValuEngine raised Tilly’s from a “sell” rating to a “hold” rating in a report on Tuesday, March 19th. Finally, B. Riley set a $18.00 price objective on Tilly’s and gave the stock a “buy” rating in a report on Monday, May 20th.

Shares of TLYS stock traded up $0.09 during trading hours on Friday, reaching $7.80. The company’s stock had a trading volume of 4,902 shares, compared to its average volume of 539,650. The company has a market capitalization of $236.47 million, a PE ratio of 9.78, a P/E/G ratio of 0.98 and a beta of 0.77. Tilly’s has a one year low of $7.65 and a one year high of $25.46. The business’s fifty day moving average is $9.37. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.65 and a quick ratio of 1.11.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings data on Wednesday, May 29th. The specialty retailer reported $0.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.01. Tilly’s had a return on equity of 14.25% and a net margin of 4.21%. The firm had revenue of $460.30 million for the quarter, compared to analyst estimates of $128.84 million. During the same period last year, the company earned $0.04 EPS. The business’s quarterly revenue was up 272.4% compared to the same quarter last year. Analysts expect that Tilly’s will post 0.74 earnings per share for the current year.

In other Tilly’s news, insider Jon Kubo sold 12,500 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $11.55, for a total transaction of $144,375.00. Following the completion of the sale, the insider now owns 12,500 shares of the company’s stock, valued at $144,375. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Michael Henry purchased 4,705 shares of the business’s stock in a transaction on Thursday, April 4th. The shares were bought at an average cost of $11.08 per share, with a total value of $52,131.40. Following the acquisition, the chief financial officer now directly owns 21,495 shares of the company’s stock, valued at approximately $238,164.60. The disclosure for this purchase can be found here. Insiders own 29.50% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. RK Capital Management LLC boosted its position in Tilly’s by 23.6% during the 1st quarter. RK Capital Management LLC now owns 418,300 shares of the specialty retailer’s stock valued at $4,656,000 after acquiring an additional 80,000 shares in the last quarter. Kennedy Capital Management Inc. bought a new stake in Tilly’s during the 1st quarter valued at $4,462,000. Globeflex Capital L P boosted its position in Tilly’s by 18.1% during the 1st quarter. Globeflex Capital L P now owns 53,944 shares of the specialty retailer’s stock valued at $600,000 after acquiring an additional 8,277 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Tilly’s by 11.6% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 208,457 shares of the specialty retailer’s stock valued at $2,320,000 after acquiring an additional 21,650 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its position in shares of Tilly’s by 0.5% in the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 658,610 shares of the specialty retailer’s stock worth $7,330,000 after purchasing an additional 3,500 shares in the last quarter. 72.57% of the stock is owned by institutional investors and hedge funds.

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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