Brokerages Set Tilly’s Inc (NYSE:TLYS) PT at $14.60

Tilly’s Inc (NYSE:TLYS) has earned an average rating of “Buy” from the seven brokerages that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $14.60.

A number of research analysts have recently issued reports on TLYS shares. ValuEngine raised shares of Tilly’s from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research downgraded shares of Tilly’s from a “strong-buy” rating to a “hold” rating and set a $12.00 price objective on the stock. in a research report on Sunday, November 3rd. B. Riley set a $14.00 target price on shares of Tilly’s and gave the stock a “buy” rating in a research note on Monday, August 26th. Finally, Pivotal Research reiterated a “buy” rating and issued a $12.00 target price on shares of Tilly’s in a research note on Thursday, August 29th.

In related news, Director Bernard Zeichner sold 10,000 shares of Tilly’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $10.75, for a total value of $107,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 29.50% of the stock is owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Divisar Capital Management LLC lifted its stake in Tilly’s by 37.6% during the 2nd quarter. Divisar Capital Management LLC now owns 1,906,210 shares of the specialty retailer’s stock valued at $14,544,000 after acquiring an additional 520,800 shares during the period. BlackRock Inc. lifted its stake in Tilly’s by 4.6% during the 2nd quarter. BlackRock Inc. now owns 1,621,467 shares of the specialty retailer’s stock valued at $12,371,000 after acquiring an additional 71,925 shares during the period. Renaissance Technologies LLC lifted its stake in Tilly’s by 31.4% during the 2nd quarter. Renaissance Technologies LLC now owns 1,277,600 shares of the specialty retailer’s stock valued at $9,748,000 after acquiring an additional 305,200 shares during the period. Paradigm Capital Management Inc. NY lifted its stake in Tilly’s by 108.2% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,112,600 shares of the specialty retailer’s stock valued at $8,489,000 after acquiring an additional 578,300 shares during the period. Finally, AQR Capital Management LLC lifted its stake in Tilly’s by 5.7% during the 2nd quarter. AQR Capital Management LLC now owns 803,999 shares of the specialty retailer’s stock valued at $6,135,000 after acquiring an additional 43,490 shares during the period. Institutional investors own 72.75% of the company’s stock.

Shares of Tilly’s stock traded down $0.11 on Monday, reaching $9.27. The stock had a trading volume of 166,766 shares, compared to its average volume of 326,158. The company has a 50 day moving average price of $10.00 and a 200 day moving average price of $9.30. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 1.34. Tilly’s has a 1 year low of $7.62 and a 1 year high of $15.74. The stock has a market capitalization of $290.44 million, a P/E ratio of 11.59, a P/E/G ratio of 1.07 and a beta of 0.55.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.11. Tilly’s had a net margin of 4.11% and a return on equity of 14.65%. The firm had revenue of $161.70 million for the quarter, compared to the consensus estimate of $156.67 million. During the same quarter in the previous year, the firm earned $0.29 EPS. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, analysts forecast that Tilly’s will post 0.82 earnings per share for the current fiscal year.

Tilly’s Company Profile

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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