Tilly’s (NYSE:TLYS) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

Several other equities analysts also recently commented on the stock. B. Riley boosted their price target on shares of Tilly’s from $17.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, September 4th. Pivotal Research downgraded shares of Tilly’s from a “buy” rating to a “hold” rating and boosted their price target for the stock from $21.00 to $22.00 in a research note on Tuesday, September 4th. Bank of America assumed coverage on shares of Tilly’s in a research note on Wednesday, October 24th. They issued a “buy” rating and a $20.00 price target for the company. William Blair upgraded shares of Tilly’s from a “market perform” rating to an “outperform” rating in a research note on Thursday, August 30th. Finally, Roth Capital set a $22.00 target price on shares of Tilly’s and gave the stock a “buy” rating in a research note on Thursday, August 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $22.40.

NYSE:TLYS opened at $15.33 on Tuesday. The firm has a market capitalization of $446.95 million, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 1.57 and a beta of 0.13. Tilly’s has a 52 week low of $10.72 and a 52 week high of $25.46.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Wednesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.03. The business had revenue of $157.41 million during the quarter, compared to the consensus estimate of $155.30 million. Tilly’s had a net margin of 4.41% and a return on equity of 15.08%. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. Sell-side analysts forecast that Tilly’s will post 0.89 EPS for the current year.

In related news, insider Hezy Shaked sold 517,294 shares of the business’s stock in a transaction on Friday, September 14th. The shares were sold at an average price of $18.50, for a total transaction of $9,569,939.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Janet Kerr sold 7,500 shares of the business’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $18.46, for a total transaction of $138,450.00. Following the transaction, the director now owns 17,579 shares of the company’s stock, valued at approximately $324,508.34. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,413,521 shares of company stock valued at $100,222,814. Insiders own 48.26% of the company’s stock.

Several hedge funds have recently modified their holdings of the stock. Globeflex Capital L P grew its stake in shares of Tilly’s by 7.2% during the third quarter. Globeflex Capital L P now owns 45,667 shares of the specialty retailer’s stock worth $865,000 after purchasing an additional 3,076 shares in the last quarter. Man Group plc grew its stake in shares of Tilly’s by 12.7% during the third quarter. Man Group plc now owns 27,600 shares of the specialty retailer’s stock worth $523,000 after purchasing an additional 3,100 shares in the last quarter. Emerald Mutual Fund Advisers Trust grew its stake in shares of Tilly’s by 0.5% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 647,110 shares of the specialty retailer’s stock worth $12,263,000 after purchasing an additional 3,200 shares in the last quarter. James Investment Research Inc. grew its stake in shares of Tilly’s by 2.6% during the third quarter. James Investment Research Inc. now owns 161,080 shares of the specialty retailer’s stock worth $3,052,000 after purchasing an additional 4,055 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its stake in shares of Tilly’s by 33.7% during the third quarter. Dynamic Technology Lab Private Ltd now owns 23,145 shares of the specialty retailer’s stock worth $438,000 after purchasing an additional 5,838 shares in the last quarter. Hedge funds and other institutional investors own 57.08% of the company’s stock.

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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Analyst Recommendations for Tilly`s (NYSE:TLYS)

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