ValuEngine upgraded shares of Tilly’s (NYSE:TLYS) from a sell rating to a hold rating in a report issued on Tuesday, February 5th.
Several other research firms have also weighed in on TLYS. Zacks Investment Research lowered Tilly’s from a strong-buy rating to a hold rating in a research report on Wednesday, October 31st. Bank of America assumed coverage on Tilly’s in a research note on Wednesday, October 24th. They set a buy rating and a $20.00 price target for the company. Pivotal Research set a $17.00 target price on Tilly’s and gave the company a hold rating in a research note on Tuesday, November 27th. B. Riley reduced their price objective on Tilly’s from $25.00 to $21.00 and set a buy rating for the company in a research report on Thursday, November 29th. Finally, Roth Capital set a $18.00 price target on Tilly’s and gave the company a buy rating in a report on Thursday, November 29th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $18.40.
TLYS stock traded up $0.05 during midday trading on Tuesday, hitting $12.18. 308,191 shares of the company’s stock were exchanged, compared to its average volume of 378,539. Tilly’s has a 12-month low of $10.19 and a 12-month high of $25.46. The company has a market capitalization of $348.45 million, a PE ratio of 18.74, a P/E/G ratio of 1.20 and a beta of 0.35.
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, topping the Zacks’ consensus estimate of $0.23 by $0.01. The company 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 14.04% and a net margin of 4.06%. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.31 EPS. Equities research analysts anticipate that Tilly’s will post 0.79 EPS for the current fiscal year.
The business also recently announced a dividend, which was paid on Wednesday, February 27th. Investors of record on Friday, February 15th were given a $1.00 dividend. The ex-dividend date was Thursday, February 14th.
In related news, insider Hezy Shaked sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, December 20th. The stock was sold at an average price of $10.68, for a total value of $213,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 48.26% of the company’s stock.
Large investors have recently made changes to their positions in the company. Citigroup Inc. increased its holdings in Tilly’s by 23.4% in the fourth quarter. Citigroup Inc. now owns 4,905 shares of the specialty retailer’s stock valued at $53,000 after purchasing an additional 929 shares during the period. Legal & General Group Plc boosted its position in Tilly’s by 46.4% during the fourth quarter. Legal & General Group Plc now owns 3,169 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 1,004 shares during the last quarter. Globeflex Capital L P boosted its position in shares of Tilly’s by 7.2% during the 3rd quarter. Globeflex Capital L P now owns 45,667 shares of the specialty retailer’s stock worth $865,000 after purchasing an additional 3,076 shares in the last quarter. Man Group plc boosted its position in shares of Tilly’s by 12.7% during the 3rd quarter. Man Group plc now owns 27,600 shares of the specialty retailer’s stock worth $523,000 after purchasing an additional 3,100 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its position in shares of Tilly’s by 0.5% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 647,110 shares of the specialty retailer’s stock worth $12,263,000 after purchasing an additional 3,200 shares in the last quarter. Institutional investors own 70.17% of the company’s stock.
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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