Tilly’s Inc (NYSE:TLYS) – William Blair cut their Q2 2020 earnings per share (EPS) estimates for Tilly’s in a research note issued to investors on Tuesday, May 21st. William Blair analyst S. Zackfia now forecasts that the specialty retailer will post earnings of $0.28 per share for the quarter, down from their previous estimate of $0.31. William Blair also issued estimates for Tilly’s’ FY2020 earnings at $0.78 EPS.
Tilly’s (NYSE:TLYS) last released its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.02. The business had revenue of $170.60 million during the quarter, compared to analyst estimates of $169.01 million. Tilly’s had a net margin of 4.35% and a return on equity of 14.59%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the business earned $0.23 EPS.
TLYS opened at $10.64 on Thursday. The firm has a market cap of $319.81 million, a P/E ratio of 13.30, a PEG ratio of 1.16 and a beta of 0.37. Tilly’s has a twelve month low of $10.19 and a twelve month high of $25.46.
In other Tilly’s news, insider Jon Kubo sold 12,500 shares of the firm’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $11.55, for a total transaction of $144,375.00. Following the completion of the transaction, the insider now directly owns 12,500 shares of the company’s stock, valued at approximately $144,375. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Michael Henry acquired 2,500 shares of the firm’s stock in a transaction on Tuesday, March 19th. The shares were bought at an average cost of $11.47 per share, with a total value of $28,675.00. Following the completion of the acquisition, the chief financial officer now owns 16,790 shares in the company, valued at $192,581.30. The disclosure for this purchase can be found here. 48.26% of the stock is currently owned by company insiders.
Several institutional investors have recently bought and sold shares of TLYS. Bank of New York Mellon Corp lifted its position in shares of Tilly’s by 8.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 174,090 shares of the specialty retailer’s stock worth $3,299,000 after buying an additional 13,774 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Tilly’s by 23,687.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 608,482 shares of the specialty retailer’s stock worth $11,530,000 after buying an additional 605,924 shares during the last quarter. MetLife Investment Advisors LLC bought a new position in shares of Tilly’s in the 3rd quarter worth about $215,000. Vanguard Group Inc. lifted its position in shares of Tilly’s by 84.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,095,583 shares of the specialty retailer’s stock worth $20,761,000 after buying an additional 502,560 shares during the last quarter. Finally, Vanguard Group Inc lifted its position in shares of Tilly’s by 84.7% in the 3rd quarter. Vanguard Group Inc now owns 1,095,583 shares of the specialty retailer’s stock worth $20,761,000 after buying an additional 502,560 shares during the last quarter. Institutional investors own 69.49% 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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