Wall Street brokerages expect Tilly’s (NYSE:TLYS) to announce sales of $121.46 million for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Tilly’s’ earnings. The highest sales estimate is $122.90 million and the lowest is $119.30 million. Tilly’s posted sales of $120.95 million during the same quarter last year, which suggests a positive year over year growth rate of 0.4%. The company is scheduled to issue its next quarterly earnings results on Tuesday, May 22nd.
On average, analysts expect that Tilly’s will report full-year sales of $121.46 million for the current financial year, with estimates ranging from $578.00 million to $593.73 million. For the next fiscal year, analysts forecast that the business will report sales of $610.27 million per share, with estimates ranging from $598.80 million to $621.74 million. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Tilly’s.
Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Monday, March 12th. The specialty retailer reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). The business had revenue of $164.32 million for the quarter, compared to analyst estimates of $166.39 million. Tilly’s had a return on equity of 11.03% and a net margin of 2.55%.
A number of research firms recently weighed in on TLYS. TheStreet lowered shares of Tilly’s from a “b” rating to a “c+” rating in a research report on Monday, April 2nd. Zacks Investment Research downgraded shares of Tilly’s from a “buy” rating to a “hold” rating in a research note on Friday, March 23rd. Finally, B. Riley set a $17.00 target price on shares of Tilly’s and gave the stock a “buy” rating in a research note on Tuesday, March 13th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $15.67.
TLYS traded up $0.03 on Friday, reaching $11.79. 97,055 shares of the company’s stock were exchanged, compared to its average volume of 247,917. The firm has a market capitalization of $340.09, a PE ratio of 18.14 and a beta of -0.24. Tilly’s has a twelve month low of $8.04 and a twelve month high of $16.57.
In other Tilly’s news, major shareholder Tilly Levine sold 20,000 shares of Tilly’s stock in a transaction dated Tuesday, March 27th. The shares were sold at an average price of $11.30, for a total transaction of $226,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Hezy Shaked sold 10,000 shares of Tilly’s stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $13.62, for a total transaction of $136,200.00. The disclosure for this sale can be found here. Insiders have sold 260,000 shares of company stock worth $3,467,700 over the last ninety days. 50.12% of the stock is owned by insiders.
Several institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC raised its stake in shares of Tilly’s by 195.0% in the 4th quarter. Millennium Management LLC now owns 370,804 shares of the specialty retailer’s stock valued at $5,473,000 after acquiring an additional 245,115 shares during the period. Cornerstone Capital Management Holdings LLC. raised its stake in shares of Tilly’s by 1,374.3% in the 4th quarter. Cornerstone Capital Management Holdings LLC. now owns 51,600 shares of the specialty retailer’s stock valued at $760,000 after acquiring an additional 48,100 shares during the period. Two Sigma Investments LP raised its stake in shares of Tilly’s by 260.6% in the 4th quarter. Two Sigma Investments LP now owns 103,743 shares of the specialty retailer’s stock valued at $1,531,000 after acquiring an additional 74,972 shares during the period. Ellington Management Group LLC purchased a new stake in shares of Tilly’s in the 4th quarter valued at approximately $214,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of Tilly’s by 31.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 79,839 shares of the specialty retailer’s stock valued at $1,178,000 after acquiring an additional 19,251 shares during the period. 46.87% of the stock is currently owned by institutional investors and hedge funds.
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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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