Tilly’s (NYSE:TLYS) was upgraded by investment analysts at Pivotal Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The firm currently has a $14.00 price objective on the specialty retailer’s stock, down from their previous price objective of $17.00. Pivotal Research’s price target would indicate a potential upside of 22.06% from the stock’s current price.

TLYS has been the topic of a number of other reports. Bank of America lowered their price objective on shares of Tilly’s from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Thursday, November 29th. Roth Capital set a $18.00 price objective on shares of Tilly’s and gave the company a “buy” rating in a research report on Thursday, November 29th. William Blair upgraded shares of Tilly’s from a “market perform” rating to an “outperform” rating in a research report on Thursday, August 30th. ValuEngine lowered shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Friday, November 30th. Finally, B. Riley lifted their price objective on shares of Tilly’s from $17.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, September 4th. Two analysts have rated the stock with a sell rating and five have issued a buy rating to the company’s stock. Tilly’s currently has a consensus rating of “Hold” and an average target price of $18.40.

NYSE:TLYS opened at $11.47 on Thursday. Tilly’s has a 1-year low of $10.72 and a 1-year high of $25.46. The firm has a market capitalization of $317.41 million, a P/E ratio of 17.65, a PEG ratio of 1.17 and a beta of 0.13.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings data on Wednesday, November 28th. The specialty retailer reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. Tilly’s had a net margin of 4.06% and a return on equity of 14.39%. The firm had revenue of $146.80 million for the quarter, compared to analyst estimates of $148.74 million. During the same period last year, the firm posted $0.31 EPS. Tilly’s’s quarterly revenue was down 3.9% on a year-over-year basis. As a group, equities analysts anticipate that Tilly’s will post 0.84 earnings per share for the current year.

In other Tilly’s news, insider Hezy Shaked sold 2,879,049 shares of the firm’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $18.50, for a total value of $53,262,406.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Seth R. Johnson sold 7,500 shares of the firm’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 sale, the director now directly owns 66,362 shares of the company’s stock, valued at approximately $1,262,868.86. The disclosure for this sale can be found here. In the last three months, insiders sold 5,393,521 shares of company stock valued at $99,783,814. 48.26% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Globeflex Capital L P lifted its holdings in Tilly’s by 7.2% in the third quarter. Globeflex Capital L P now owns 45,667 shares of the specialty retailer’s stock valued at $865,000 after acquiring an additional 3,076 shares during the period. Man Group plc lifted its holdings in Tilly’s by 12.7% in the third quarter. Man Group plc now owns 27,600 shares of the specialty retailer’s stock valued at $523,000 after acquiring an additional 3,100 shares during the period. Emerald Mutual Fund Advisers Trust lifted its holdings in Tilly’s by 0.5% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 647,110 shares of the specialty retailer’s stock valued at $12,263,000 after acquiring an additional 3,200 shares during the period. James Investment Research Inc. lifted its holdings in Tilly’s by 2.6% in the third quarter. James Investment Research Inc. now owns 161,080 shares of the specialty retailer’s stock valued at $3,052,000 after acquiring an additional 4,055 shares during the period. Finally, Dynamic Technology Lab Private Ltd lifted its holdings in Tilly’s by 33.7% in the third quarter. Dynamic Technology Lab Private Ltd now owns 23,145 shares of the specialty retailer’s stock valued at $438,000 after acquiring an additional 5,838 shares during the period. 70.70% of the stock is owned by institutional investors.

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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