Equities analysts expect that Tilly’s Inc (NYSE:TLYS) will post sales of $149.55 million for the current quarter, Zacks reports. Three analysts have provided estimates for Tilly’s’ earnings, with estimates ranging from $147.78 million to $153.00 million. Tilly’s posted sales of $152.82 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 2.1%. The business is expected to issue its next earnings results on Wednesday, December 5th.

On average, analysts expect that Tilly’s will report full year sales of $601.90 million for the current financial year, with estimates ranging from $599.20 million to $605.30 million. For the next financial year, analysts forecast that the company will report sales of $637.68 million, with estimates ranging from $620.14 million to $652.20 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Tilly’s.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings results on Wednesday, August 29th. The specialty retailer reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.03. The business had revenue of $157.41 million for the quarter, compared to the consensus estimate of $155.30 million. Tilly’s had a return on equity of 15.08% and a net margin of 4.41%. The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.11) earnings per share.

A number of brokerages have recently issued reports on TLYS. Pivotal Research downgraded Tilly’s from a “buy” rating to a “hold” rating and upped their price target for the stock from $21.00 to $22.00 in a research report on Tuesday, September 4th. B. Riley upped their price target on Tilly’s from $17.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, September 4th. Zacks Investment Research raised Tilly’s from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research report on Saturday, September 1st. William Blair raised Tilly’s from a “market perform” rating to an “outperform” rating in a research report on Thursday, August 30th. Finally, Roth Capital set a $22.00 price target on Tilly’s and gave the stock a “buy” rating in a research report on Thursday, August 30th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $23.25.

In related news, major shareholder Tilly Levine sold 10,000 shares of the company’s stock in a transaction on Monday, July 16th. The stock was sold at an average price of $15.06, for a total value of $150,600.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Seth R. Johnson sold 7,500 shares of the company’s stock in a transaction on Friday, September 28th. The shares were sold at an average price of $19.03, for a total value of $142,725.00. Following the completion of the transaction, the director now directly owns 66,362 shares in the company, valued at $1,262,868.86. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,503,521 shares of company stock worth $101,639,714. Insiders own 48.26% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bailard Inc. acquired a new position in shares of Tilly’s in the 2nd quarter valued at $597,000. Los Angeles Capital Management & Equity Research Inc. increased its position in shares of Tilly’s by 62.2% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 39,567 shares of the specialty retailer’s stock valued at $599,000 after acquiring an additional 15,170 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Tilly’s by 161.1% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 100,076 shares of the specialty retailer’s stock valued at $1,516,000 after acquiring an additional 61,750 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Tilly’s by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,217,093 shares of the specialty retailer’s stock valued at $13,753,000 after acquiring an additional 21,700 shares during the period. Finally, Citadel Advisors LLC increased its position in shares of Tilly’s by 222.5% in the 2nd quarter. Citadel Advisors LLC now owns 19,225 shares of the specialty retailer’s stock valued at $291,000 after acquiring an additional 34,925 shares during the period. 48.68% of the stock is currently owned by hedge funds and other institutional investors.

Shares of TLYS stock traded up $0.51 during trading hours on Monday, reaching $16.70. 424,332 shares of the company’s stock were exchanged, compared to its average volume of 287,775. The company has a market cap of $555.39 million and a PE ratio of 25.69. Tilly’s has a fifty-two week low of $10.72 and a fifty-two week high of $25.46.

About Tilly’s

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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Earnings History and Estimates for Tilly`s (NYSE:TLYS)

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