Brokerages expect Tilly’s Inc (NYSE:TLYS) to post earnings of $0.20 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Tilly’s’ earnings. Tilly’s reported earnings per share of $0.29 during the same quarter last year, which suggests a negative year-over-year growth rate of 31%. The firm is expected to report its next earnings report after the market closes on Wednesday, August 28th.
On average, analysts expect that Tilly’s will report full-year earnings of $0.74 per share for the current year, with EPS estimates ranging from $0.66 to $0.85. For the next year, analysts expect that the business will report earnings of $0.83 per share, with EPS estimates ranging from $0.81 to $0.85. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Tilly’s.
Tilly’s (NYSE:TLYS) last released its quarterly earnings data on Wednesday, May 29th. The specialty retailer reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.01. Tilly’s had a net margin of 4.21% and a return on equity of 14.25%. The firm had revenue of $460.30 million for the quarter, compared to the consensus estimate of $128.84 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The business’s revenue was up 272.4% on a year-over-year basis.
Several analysts have recently issued reports on the stock. TheStreet lowered shares of Tilly’s from a “b-” rating to a “c+” rating in a research note on Tuesday, June 25th. ValuEngine lowered shares of Tilly’s from a “sell” rating to a “strong sell” rating in a research note on Thursday, May 30th. Zacks Investment Research upgraded shares of Tilly’s from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, B. Riley set a $14.00 target price on shares of Tilly’s and gave the stock a “buy” rating in a research note on Thursday, May 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $15.00.
Shares of NYSE TLYS traded up $0.03 during trading on Friday, hitting $7.86. The stock had a trading volume of 217,455 shares, compared to its average volume of 249,149. Tilly’s has a 12 month low of $7.63 and a 12 month 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 capitalization of $241.79 million, a P/E ratio of 9.99, a PEG ratio of 1.00 and a beta of 0.70. The company’s fifty day moving average price is $8.02.
In related news, Director Janet Kerr sold 3,268 shares of the stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $7.84, for a total transaction of $25,621.12. Following the completion of the transaction, the director now owns 20,375 shares in the company, valued at $159,740. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Michael Henry purchased 12,795 shares of Tilly’s stock in a transaction that occurred on Monday, June 3rd. The shares were bought at an average price of $7.89 per share, with a total value of $100,952.55. Following the transaction, the chief financial officer now owns 34,290 shares of the company’s stock, valued at approximately $270,548.10. The disclosure for this purchase can be found here. Corporate insiders own 48.26% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Nisa Investment Advisors LLC grew its position in Tilly’s by 4,900.0% during the first quarter. Nisa Investment Advisors LLC now owns 30,000 shares of the specialty retailer’s stock valued at $334,000 after buying an additional 29,400 shares during the period. BNP Paribas Arbitrage SA grew its position in Tilly’s by 157.2% during the first quarter. BNP Paribas Arbitrage SA now owns 4,296 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 2,626 shares during the period. Citigroup Inc. boosted its position in Tilly’s by 23.4% during the fourth quarter. Citigroup Inc. now owns 4,905 shares of the specialty retailer’s stock worth $53,000 after purchasing an additional 929 shares during the period. Dimensional Fund Advisors LP boosted its position in Tilly’s by 8.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,411,180 shares of the specialty retailer’s stock worth $15,325,000 after purchasing an additional 110,932 shares during the period. Finally, Northern Trust Corp boosted its position in Tilly’s by 33.6% during the fourth quarter. Northern Trust Corp now owns 241,647 shares of the specialty retailer’s stock worth $2,624,000 after purchasing an additional 60,781 shares during the period. Institutional investors own 72.49% 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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