Tilly’s (NYSE:TLYS) was downgraded by research analysts at Pivotal Research from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, January 14th, Marketbeat Ratings reports. They currently have a $10.00 price objective on the specialty retailer’s stock, down from their previous price objective of $13.50. Pivotal Research’s price target suggests a potential upside of 14.29% from the stock’s current price.
Other analysts have also issued reports about the company. B. Riley reissued a “buy” rating and set a $15.00 price target on shares of Tilly’s in a research note on Thursday, December 5th. TheStreet raised Tilly’s from a “c+” rating to a “b-” rating in a research note on Wednesday, December 18th. Zacks Investment Research raised Tilly’s from a “sell” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Saturday, December 7th. Roth Capital reaffirmed a “buy” rating on shares of Tilly’s in a research note on Thursday, December 5th. Finally, ValuEngine raised Tilly’s from a “sell” rating to a “hold” rating in a research note on Friday, January 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Tilly’s currently has a consensus rating of “Hold” and a consensus price target of $12.67.
NYSE:TLYS traded down $0.02 during trading hours on Tuesday, hitting $8.75. The company’s stock had a trading volume of 536,176 shares, compared to its average volume of 483,177. The stock has a fifty day simple moving average of $10.30 and a 200-day simple moving average of $9.88. The company has a market capitalization of $260.28 million, a P/E ratio of 10.54, a PEG ratio of 0.98 and a beta of 0.93. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.69 and a quick ratio of 1.14. Tilly’s has a twelve month low of $7.62 and a twelve month high of $12.93.
Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.23 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.02. Tilly’s had a return on equity of 14.54% and a net margin of 4.05%. The firm had revenue of $154.80 million for the quarter, compared to analyst estimates of $154.19 million. During the same period last year, the firm posted $0.20 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, equities analysts predict that Tilly’s will post 0.78 EPS for the current fiscal year.
Hedge funds have recently modified their holdings of the business. Los Angeles Capital Management & Equity Research Inc. boosted its position in shares of Tilly’s by 69.3% during the fourth quarter. Los Angeles Capital Management & Equity Research Inc. now owns 33,107 shares of the specialty retailer’s stock valued at $406,000 after buying an additional 13,550 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Tilly’s by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 55,677 shares of the specialty retailer’s stock valued at $683,000 after purchasing an additional 1,850 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Tilly’s by 40.2% in the fourth quarter. Victory Capital Management Inc. now owns 10,850 shares of the specialty retailer’s stock valued at $133,000 after purchasing an additional 3,113 shares during the period. Sei Investments Co. purchased a new stake in shares of Tilly’s in the fourth quarter valued at approximately $239,000. Finally, State of Tennessee Treasury Department purchased a new stake in shares of Tilly’s in the fourth quarter valued at approximately $196,000. Institutional investors and hedge funds own 66.15% of the company’s stock.
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.
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