Tilly’s Inc (NYSE:TLYS) Given Consensus Recommendation of “Buy” by Brokerages

Tilly’s Inc (NYSE:TLYS) has received an average rating of “Buy” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $15.75.

Several equities analysts have recently issued reports on TLYS shares. Zacks Investment Research lowered Tilly’s from a “buy” rating to a “hold” rating in a research note on Saturday, March 9th. Pivotal Research reiterated a “buy” rating and issued a $14.00 price target on shares of Tilly’s in a research note on Monday, March 11th. ValuEngine upgraded Tilly’s from a “sell” rating to a “hold” rating in a research note on Tuesday, March 19th. Finally, B. Riley set a $18.00 price target on Tilly’s and gave the company a “buy” rating in a research note on Monday, May 20th.

In related news, insider Jon Kubo sold 12,500 shares of the business’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $11.55, for a total transaction of $144,375.00. Following the sale, the insider now owns 12,500 shares in the company, valued at approximately $144,375. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Janet Kerr sold 3,268 shares of the business’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $7.84, for a total value of $25,621.12. Following the sale, the director now owns 20,375 shares in the company, valued at approximately $159,740. The disclosure for this sale can be found here. Insiders own 48.26% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Hodges Capital Management Inc. grew its position in Tilly’s by 65.5% during the 4th quarter. Hodges Capital Management Inc. now owns 240,000 shares of the specialty retailer’s stock worth $2,606,000 after acquiring an additional 95,000 shares during the last quarter. Nantahala Capital Management LLC grew its position in shares of Tilly’s by 39.1% in the 4th quarter. Nantahala Capital Management LLC now owns 712,103 shares of the specialty retailer’s stock valued at $7,733,000 after buying an additional 200,000 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of Tilly’s in the 4th quarter valued at about $1,223,000. Nisa Investment Advisors LLC grew its position in shares of Tilly’s by 4,900.0% in the 1st quarter. Nisa Investment Advisors LLC now owns 30,000 shares of the specialty retailer’s stock valued at $334,000 after buying an additional 29,400 shares during the last quarter. Finally, NumerixS Investment Technologies Inc bought a new stake in shares of Tilly’s in the 4th quarter valued at about $73,000. Institutional investors and hedge funds own 72.57% of the company’s stock.

Shares of TLYS traded down $0.09 during midday trading on Friday, hitting $8.03. The company’s stock had a trading volume of 800 shares, compared to its average volume of 517,349. Tilly’s has a one year low of $7.65 and a one year high of $25.46. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.11 and a current ratio of 1.65. The firm has a market cap of $235.88 million, a price-to-earnings ratio of 10.14, a PEG ratio of 0.98 and a beta of 0.77.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings results on Wednesday, May 29th. The specialty retailer reported $0.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 company had revenue of $460.30 million for the quarter, compared to analyst estimates of $128.84 million. During the same quarter last year, the company posted $0.04 EPS. The company’s revenue for the quarter was up 272.4% compared to the same quarter last year. As a group, research analysts forecast that Tilly’s will post 0.74 EPS 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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Analyst Recommendations for Tilly`s (NYSE:TLYS)

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