Tilly’s (NYSE:TLYS) Issues Q4 Earnings Guidance

Tilly’s (NYSE:TLYS) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.29-0.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.27. The company issued revenue guidance of $179-184 million, compared to the consensus revenue estimate of $177.85 million.Tilly’s also updated its Q4 2019
After-Hours guidance to 0.29-0.32 EPS.

TLYS stock traded up $0.29 during midday trading on Wednesday, reaching $10.02. The company had a trading volume of 431,490 shares, compared to its average volume of 322,836. Tilly’s has a 1 year low of $7.62 and a 1 year high of $13.10. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 1.34. The company has a market capitalization of $291.62 million, a P/E ratio of 12.53, a PEG ratio of 1.09 and a beta of 0.52. The company has a 50 day moving average of $10.11 and a two-hundred day moving average of $9.17.

TLYS has been the subject of a number of research analyst reports. Pivotal Research reiterated a buy rating and issued a $13.00 target price on shares of Tilly’s in a research report on Tuesday. B. Riley set a $14.00 price target on shares of Tilly’s and gave the company a buy rating in a report on Monday, August 26th. ValuEngine cut shares of Tilly’s from a hold rating to a sell rating in a report on Friday, November 29th. Finally, Zacks Investment Research cut shares of Tilly’s from a strong-buy rating to a hold rating and set a $12.00 target price for the company. in a report on Sunday, November 3rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $13.00.

In related news, Director Bernard Zeichner sold 10,000 shares of the firm’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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 29.50% of the stock is owned by company insiders.

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.

Read More: How does equity income fit into an investing strategy?

Earnings History and Estimates for Tilly`s (NYSE:TLYS)

Receive News & Ratings for Tilly's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tilly's and related companies with MarketBeat.com's FREE daily email newsletter.