Tilly’s Inc (NYSE:TLYS) Receives $15.75 Consensus Target Price from Brokerages

Shares of Tilly’s Inc (NYSE:TLYS) have been given a consensus recommendation of “Buy” by the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $15.75.

TLYS has been the subject of a number of analyst reports. B. Riley set a $14.00 price target on Tilly’s and gave the stock a “buy” rating in a research note on Thursday, May 30th. Zacks Investment Research upgraded Tilly’s from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. ValuEngine upgraded Tilly’s from a “strong sell” rating to a “sell” rating in a research note on Thursday. Finally, TheStreet lowered Tilly’s from a “b-” rating to a “c+” rating in a research note on Tuesday, June 25th.

In other news, CFO Michael Henry acquired 12,795 shares of the business’s stock in a transaction dated Monday, June 3rd. The stock was purchased at an average price of $7.89 per share, for a total transaction of $100,952.55. Following the completion of the transaction, the chief financial officer now directly owns 34,290 shares in the company, valued at approximately $270,548.10. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Janet Kerr sold 3,268 shares of the firm’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $7.84, for a total value of $25,621.12. Following the transaction, the director now owns 20,375 shares of the company’s stock, valued at approximately $159,740. The disclosure for this sale can be found here. Company insiders own 48.26% of the company’s stock.

Several institutional investors have recently modified their holdings of TLYS. D. E. Shaw & Co. Inc. grew its holdings in Tilly’s by 244.4% in the second quarter. D. E. Shaw & Co. Inc. now owns 327,032 shares of the specialty retailer’s stock worth $2,495,000 after purchasing an additional 232,086 shares during the last quarter. Jefferies Group LLC purchased a new position in Tilly’s in the second quarter worth $137,000. Connors Investor Services Inc. grew its holdings in Tilly’s by 46.2% in the second quarter. Connors Investor Services Inc. now owns 19,000 shares of the specialty retailer’s stock worth $145,000 after purchasing an additional 6,000 shares during the last quarter. AQR Capital Management LLC grew its holdings in Tilly’s by 5.7% in the second quarter. AQR Capital Management LLC now owns 803,999 shares of the specialty retailer’s stock worth $6,135,000 after purchasing an additional 43,490 shares during the last quarter. Finally, Divisar Capital Management LLC grew its holdings in Tilly’s by 37.6% in the second quarter. Divisar Capital Management LLC now owns 1,906,210 shares of the specialty retailer’s stock worth $14,544,000 after purchasing an additional 520,800 shares during the last quarter. Hedge funds and other institutional investors own 72.81% of the company’s stock.

TLYS stock traded down $0.12 during trading on Friday, reaching $8.00. The company’s stock had a trading volume of 10,466 shares, compared to its average volume of 256,268. Tilly’s has a 1 year low of $7.62 and a 1 year high of $25.46. The company has a quick ratio of 1.11, a current ratio of 1.65 and a debt-to-equity ratio of 1.35. The firm has a market cap of $237.65 million, a P/E ratio of 10.00, a P/E/G ratio of 0.99 and a beta of 0.70. The company has a fifty day moving average price of $8.03.

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, topping the Zacks’ 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 business had revenue of $460.30 million during the quarter, compared to analyst estimates of $128.84 million. During the same quarter in the prior year, the business posted $0.04 EPS. Tilly’s’s revenue for the quarter was up 272.4% compared to the same quarter last year. On average, equities analysts forecast that Tilly’s will post 0.74 EPS for the current 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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