Shares of Tilly's Inc (NASDAQ:TLYS) saw strong trading volume on Wednesday . 118,198 shares changed hands during mid-day trading, an increase of 3% from the previous session’s volume of 114,710 shares.The stock last traded at $8.75 and had previously closed at $8.84.

Several equities research analysts recently commented on the stock. B. Riley reaffirmed a “neutral” rating and issued a $8.00 price objective on shares of Tilly's in a research report on Tuesday, May 31st. Mizuho reissued a “neutral” rating and set a $7.00 price target (up from $6.50) on shares of Tilly's in a research report on Thursday, August 25th. Zacks Investment Research cut shares of Tilly's from a “hold” rating to a “sell” rating in a research report on Wednesday, July 27th. Piper Jaffray Cos. reissued an “overweight” rating and set a $12.00 price target (up from $10.00) on shares of Tilly's in a research report on Friday, August 26th. Finally, Stifel Nicolaus reissued a “hold” rating on shares of Tilly's in a research report on Thursday, August 25th. Three 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. Tilly's has an average rating of “Buy” and an average target price of $9.25.

The stock has a market cap of $249.51 million and a P/E ratio of 56.75. The firm has a 50-day moving average of $6.34 and a 200-day moving average of $6.42.

Tilly's (NASDAQ:TLYS) last posted its quarterly earnings data on Wednesday, August 24th. The company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.08. The firm had revenue of $136.41 million for the quarter, compared to analyst estimates of $132.69 million. During the same quarter last year, the company earned $0.02 earnings per share. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. Equities research analysts predict that Tilly's Inc will post $0.27 earnings per share for the current fiscal 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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