Tilly’s (NYSE:TLYS) announced its earnings results on Wednesday. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.11, Briefing.com reports. Tilly’s had a net margin of 4.11% and a return on equity of 14.74%. The firm had revenue of $161.70 million for the quarter, compared to analyst estimates of $156.67 million. During the same quarter in the prior year, the business posted $0.29 EPS. The business’s revenue was up 2.7% compared to the same quarter last year. Tilly’s updated its Q3 2019 guidance to $0.18-0.22 EPS and its Q3 guidance to $0.18-0.22 EPS.
Shares of Tilly’s stock opened at $10.71 on Friday. The company has a 50 day moving average of $8.28 and a 200-day moving average of $9.91. Tilly’s has a 1-year low of $7.62 and a 1-year high of $25.46. The company has a current ratio of 1.65, a quick ratio of 1.11 and a debt-to-equity ratio of 1.35. The company has a market cap of $257.43 million, a PE ratio of 10.38, a price-to-earnings-growth ratio of 1.07 and a beta of 0.70.
In other news, Director Janet Kerr sold 3,268 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $7.84, for a total transaction of $25,621.12. Following the completion of the sale, the director now owns 20,375 shares of the company’s stock, valued at approximately $159,740. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Michael Henry purchased 12,795 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were purchased at an average cost of $7.89 per share, with a total value of $100,952.55. Following the acquisition, the chief financial officer now owns 34,290 shares in the company, valued at approximately $270,548.10. The disclosure for this purchase can be found here. Corporate insiders own 48.26% of the company’s stock.
A number of research analysts have issued reports on TLYS shares. ValuEngine upgraded shares of Tilly’s from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 15th. Pivotal Research restated a “buy” rating and set a $12.00 target price on shares of Tilly’s in a research report on Thursday. B. Riley set a $14.00 target price on shares of Tilly’s and gave the stock a “buy” rating in a research report on Monday, August 26th. TheStreet lowered shares of Tilly’s from a “b-” rating to a “c+” rating in a research report on Tuesday, June 25th. Finally, Zacks Investment Research downgraded shares of Tilly’s from a “hold” rating to a “sell” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $14.60.
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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