Shares of Tilly’s Inc (NYSE:TLYS) have been assigned an average rating of “Buy” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $23.25.

TLYS has been the topic of a number of recent research reports. TheStreet raised Tilly’s from a “c+” rating to a “b-” rating in a report on Thursday, June 14th. B. Riley set a $17.00 target price on Tilly’s and gave the company a “buy” rating in a report on Tuesday, May 22nd. Pivotal Research set a $21.00 target price on Tilly’s and gave the company a “buy” rating in a report on Sunday, September 2nd. Zacks Investment Research raised Tilly’s from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a report on Saturday, September 1st. Finally, ValuEngine raised Tilly’s from a “hold” rating to a “buy” rating in a report on Tuesday, June 5th.

In other Tilly’s news, insider Hezy Shaked sold 10,000 shares of the company’s stock in a transaction on Wednesday, July 18th. The stock was sold at an average price of $15.18, for a total value of $151,800.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Tilly Levine sold 20,000 shares of the company’s stock in a transaction on Thursday, July 12th. The shares were sold at an average price of $14.62, for a total value of $292,400.00. The disclosure for this sale can be found here. Insiders have sold 5,538,521 shares of company stock worth $102,099,939 in the last ninety days. 48.26% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of TLYS. Northern Trust Corp lifted its position in shares of Tilly’s by 8.8% in the second quarter. Northern Trust Corp now owns 162,585 shares of the specialty retailer’s stock valued at $2,462,000 after acquiring an additional 13,171 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Tilly’s by 5.1% during the second quarter. Bank of New York Mellon Corp now owns 160,316 shares of the specialty retailer’s stock worth $2,430,000 after buying an additional 7,713 shares during the period. Putnam Investments LLC purchased a new position in Tilly’s during the second quarter worth about $427,000. Dynamic Technology Lab Private Ltd purchased a new position in Tilly’s during the second quarter worth about $262,000. Finally, Renaissance Technologies LLC lifted its position in Tilly’s by 23.8% during the second quarter. Renaissance Technologies LLC now owns 734,400 shares of the specialty retailer’s stock worth $11,126,000 after buying an additional 141,300 shares during the period. 48.68% of the stock is currently owned by institutional investors.

NYSE TLYS traded up $0.12 on Wednesday, reaching $18.29. The stock had a trading volume of 2,726 shares, compared to its average volume of 255,607. The stock has a market cap of $543.96 million, a P/E ratio of 27.83 and a beta of -0.05. Tilly’s has a 12-month low of $10.72 and a 12-month high of $25.46.

Tilly’s (NYSE:TLYS) last released its earnings results on Wednesday, August 29th. The specialty retailer reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.03. The business had revenue of $157.41 million for the quarter, compared to analyst estimates of $155.30 million. Tilly’s had a return on equity of 15.08% and a net margin of 4.41%. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.11) earnings per share. equities analysts predict that Tilly’s will post 0.9 EPS for the current year.

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.

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