Shares of Tilly's Inc (NASDAQ:TLYS) hit a new 52-week high on Tuesday . The stock traded as high as $8.90 and last traded at $8.75, with a volume of 192,194 shares changing hands. The stock had previously closed at $8.55.

Several brokerages recently weighed in on TLYS. Zacks Investment Research upgraded shares of Tilly's from a “hold” rating to a “strong-buy” rating and set a $9.75 price objective on the stock in a research report on Tuesday. B. Riley reiterated a “buy” rating and issued a $9.50 price objective on shares of Tilly's in a research report on Tuesday. SunTrust Banks Inc. reiterated a “neutral” rating and issued a $8.00 price objective (up from $6.50) on shares of Tilly's in a research report on Friday. Piper Jaffray Cos. reiterated an “overweight” rating and issued a $12.00 price objective (up from $10.00) on shares of Tilly's in a research report on Friday. Finally, Mizuho reiterated a “neutral” rating and issued a $7.00 price objective (up from $6.50) on shares of Tilly's in a research report on Thursday, August 25th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $9.25.

The company has a market cap of $252.65 million and a PE ratio of 57.47. The company’s 50-day moving average is $6.18 and its 200-day moving average is $6.39.

Tilly's (NASDAQ:TLYS) last announced its earnings results on Wednesday, August 24th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.08. During the same period last year, the firm posted $0.02 EPS. The company had revenue of $136.41 million for the quarter, compared to the consensus estimate of $132.69 million. The company’s revenue was up 4.9% compared to the same quarter last year. Equities analysts forecast 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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