Tilly’s Inc (NYSE:TLYS) – Analysts at B. Riley lowered their Q3 2020 EPS estimates for Tilly’s in a report released on Thursday, December 6th. B. Riley analyst J. Van. Sinderen now expects that the specialty retailer will post earnings of $0.21 per share for the quarter, down from their previous estimate of $0.25. B. Riley has a “Buy” rating and a $20.00 price objective on the stock. B. Riley also issued estimates for Tilly’s’ FY2020 earnings at $0.84 EPS and FY2021 earnings at $1.08 EPS.
Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, November 28th. The specialty retailer reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The firm had revenue of $146.80 million during the quarter, compared to analysts’ expectations of $148.74 million. Tilly’s had a net margin of 4.06% and a return on equity of 14.39%. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 earnings per share.
Other analysts have also recently issued research reports about the stock. Roth Capital set a $22.00 price target on shares of Tilly’s and gave the company a “buy” rating in a research note on Thursday, August 30th. Pivotal Research reiterated a “buy” rating and issued a $21.00 price target (up previously from $20.00) on shares of Tilly’s in a research note on Monday, August 27th. Zacks Investment Research upgraded shares of Tilly’s from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Saturday, September 1st. Finally, Bank of America cut their price target on shares of Tilly’s from $20.00 to $17.00 and set a “buy” rating for the company in a research note on Thursday, November 29th. Two investment analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. Tilly’s has a consensus rating of “Hold” and an average price target of $18.40.
Shares of TLYS stock opened at $11.47 on Friday. The firm has a market capitalization of $317.41 million, a price-to-earnings ratio of 17.65, a PEG ratio of 1.17 and a beta of 0.13. Tilly’s has a one year low of $10.72 and a one year high of $25.46.
Several hedge funds and other institutional investors have recently bought and sold shares of TLYS. SG Americas Securities LLC acquired a new stake in Tilly’s in the 3rd quarter worth about $2,848,000. James Investment Research Inc. raised its stake in Tilly’s by 2.6% in the 3rd quarter. James Investment Research Inc. now owns 161,080 shares of the specialty retailer’s stock worth $3,052,000 after purchasing an additional 4,055 shares in the last quarter. Bailard Inc. acquired a new stake in Tilly’s in the 2nd quarter worth about $597,000. Harvest Fund Management Co. Ltd acquired a new stake in Tilly’s in the 3rd quarter worth about $138,000. Finally, EAM Investors LLC acquired a new stake in Tilly’s in the 3rd quarter worth about $1,091,000. Institutional investors own 70.70% of the company’s stock.
In other news, Director Seth R. Johnson sold 7,500 shares of the firm’s stock in a transaction dated Friday, September 28th. The shares were sold at an average price of $19.03, for a total transaction of $142,725.00. Following the completion of the sale, the director now owns 66,362 shares in the company, valued at approximately $1,262,868.86. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Tilly Levine sold 1,982,178 shares of the firm’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $18.50, for a total transaction of $36,670,293.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,393,521 shares of company stock valued at $99,783,814. 48.26% of the stock is currently owned by corporate insiders.
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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