Tilly's Inc (NASDAQ:TLYS)’s share price gapped up prior to trading on Monday . The stock had previously closed at $7.96, but opened at $8.00. Tilly's shares last traded at $8.40, with a volume of 206,987 shares changing hands.

A number of brokerages have issued reports on TLYS. SunTrust Banks Inc. reaffirmed a “neutral” rating and issued a $8.00 target price (up from $6.50) on shares of Tilly's in a research report on Friday. Piper Jaffray Cos. reaffirmed an “overweight” rating and issued a $12.00 target price (up from $10.00) on shares of Tilly's in a research report on Friday. B. Riley raised Tilly's from a “neutral” rating to a “buy” rating and upped their target price for the company from $8.00 to $9.50 in a research report on Thursday. Mizuho reaffirmed a “neutral” rating and issued a $7.00 target price (up from $6.50) on shares of Tilly's in a research report on Thursday. Finally, Stifel Nicolaus reaffirmed a “hold” rating on shares of Tilly's in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $9.13.

The stock has a market cap of $244.09 million and a price-to-earnings ratio of 55.52. The stock’s 50 day moving average is $6.18 and its 200-day moving average is $6.39.

Tilly's (NASDAQ:TLYS) last posted its earnings results on Wednesday, August 24th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.08. The business earned $136.41 million during the quarter, compared to analyst estimates of $132.69 million. During the same period in the previous year, the firm posted $0.02 earnings per share. The firm’s revenue was up 4.9% on a year-over-year basis. On average, equities research analysts predict that Tilly's Inc will post $0.27 earnings per share for the current year.

Tilly’s, Inc is a destination specialty retailer of action sports inspired apparel, footwear and accessories. The Company operates a chain of specialty retail stores featuring casual clothing, footwear and accessories for teens and young adults. The Company offers a range of third-party and merchandise.

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