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

Tilly’s Inc (NYSE:TLYS) has been assigned an average recommendation of “Buy” from the eight ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $15.75.

A number of research firms have commented on TLYS. ValuEngine upgraded Tilly’s from a “strong sell” rating to a “sell” rating in a research note on Thursday. TheStreet cut Tilly’s from a “b-” rating to a “c+” rating in a research note on Tuesday, June 25th. Zacks Investment Research upgraded Tilly’s from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, 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.

NYSE:TLYS traded up $0.07 during trading hours on Friday, reaching $8.10. 262,600 shares of the stock were exchanged, compared to its average volume of 251,340. 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 business has a 50-day moving average of $8.04 and a two-hundred day moving average of $10.15. Tilly’s has a twelve month low of $7.62 and a twelve month high of $25.46. The company has a market capitalization of $239.72 million, a price-to-earnings ratio of 10.13, a PEG ratio of 0.99 and a beta of 0.70.

Tilly’s (NYSE:TLYS) last released its quarterly earnings results on Wednesday, May 29th. The specialty retailer reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. Tilly’s had a return on equity of 14.25% and a net margin of 4.21%. The company had revenue of $460.30 million for the quarter, compared to analysts’ expectations of $128.84 million. During the same period in the prior year, the firm earned $0.04 earnings per share. The firm’s revenue was up 272.4% compared to the same quarter last year. On average, research analysts forecast that Tilly’s will post 0.74 EPS for the current fiscal year.

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

Institutional investors have recently bought and sold shares of the company. Legal & General Group Plc increased its holdings in Tilly’s by 46.4% in the fourth quarter. Legal & General Group Plc now owns 3,169 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 1,004 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in Tilly’s in the second quarter valued at $29,000. BNP Paribas Arbitrage SA increased its holdings in Tilly’s by 157.2% in 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 last quarter. Meeder Asset Management Inc. purchased a new position in Tilly’s in the second quarter valued at $42,000. Finally, Metropolitan Life Insurance Co. NY increased its holdings in Tilly’s by 403.8% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,728 shares of the specialty retailer’s stock valued at $62,000 after buying an additional 4,591 shares during the last quarter. 72.81% of the stock is currently owned by institutional investors and hedge funds.

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.

See Also: Producer Price Index (PPI)

Analyst Recommendations for Tilly`s (NYSE:TLYS)

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