B. Riley Reiterates “$18.00” Price Target for Tilly’s (TLYS)

B. Riley set a $18.00 price target on Tilly’s (NYSE:TLYS) in a research report released on Monday morning, TipRanks reports. The brokerage currently has a buy rating on the specialty retailer’s stock.

A number of other equities analysts have also commented on the company. Zacks Investment Research upgraded Tilly’s from a sell rating to a hold rating in a research note on Wednesday, March 27th. ValuEngine lowered Tilly’s from a hold rating to a sell rating in a research note on Friday. Finally, Pivotal Research reiterated a buy rating and issued a $14.00 price target on shares of Tilly’s in a research note on Monday, March 11th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $15.80.

TLYS opened at $10.94 on Monday. The company has a market capitalization of $326.60 million, a PE ratio of 13.68, a price-to-earnings-growth ratio of 1.18 and a beta of 0.37. Tilly’s has a 12-month low of $10.19 and a 12-month high of $25.46.

Tilly’s (NYSE:TLYS) last announced its earnings results on Thursday, March 14th. The specialty retailer reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.02. The company had revenue of $170.60 million for the quarter, compared to analyst estimates of $169.01 million. Tilly’s had a return on equity of 14.59% and a net margin of 4.35%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.23 earnings per share. Sell-side analysts anticipate that Tilly’s will post 0.85 EPS for the current year.

In other Tilly’s news, CFO Michael Henry purchased 2,500 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were bought at an average price of $11.47 per share, for a total transaction of $28,675.00. Following the purchase, the chief financial officer now owns 16,790 shares in the company, valued at approximately $192,581.30. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jon Kubo sold 12,500 shares of Tilly’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $11.55, for a total value of $144,375.00. Following the completion of the transaction, the insider now owns 12,500 shares in the company, valued at approximately $144,375. The disclosure for this sale can be found here. Company insiders own 48.26% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of TLYS. Vanguard Group Inc boosted its holdings in shares of Tilly’s by 84.7% during the 3rd quarter. Vanguard Group Inc now owns 1,095,583 shares of the specialty retailer’s stock valued at $20,761,000 after acquiring an additional 502,560 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Tilly’s by 23,687.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 608,482 shares of the specialty retailer’s stock valued at $11,530,000 after acquiring an additional 605,924 shares in the last quarter. Hodges Capital Management Inc. boosted its holdings in shares of Tilly’s by 65.5% during the 4th quarter. Hodges Capital Management Inc. now owns 240,000 shares of the specialty retailer’s stock valued at $2,606,000 after acquiring an additional 95,000 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Tilly’s by 84.7% during 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 period. Finally, GSA Capital Partners LLP acquired a new position in Tilly’s during the 4th quarter worth about $1,223,000. Institutional investors own 72.12% of the company’s stock.

About Tilly’s

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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