ValuEngine upgraded shares of Tilly’s (NYSE:TLYS) from a strong sell rating to a sell rating in a report released on Thursday morning, ValuEngine reports.

Other equities research analysts have also issued research reports about the company. Zacks Investment Research upgraded Tilly’s from a sell rating to a hold rating in a research report on Thursday, August 1st. B. Riley set a $14.00 price objective on Tilly’s and gave the stock a buy rating in a research report on Thursday, May 30th. Finally, TheStreet lowered Tilly’s from a b- rating to a c+ rating in a research report on Tuesday, June 25th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. Tilly’s has an average rating of Buy and a consensus price target of $15.00.

Tilly’s stock opened at $8.10 on Thursday. The company has a current ratio of 1.65, a quick ratio of 1.11 and a debt-to-equity ratio of 1.35. Tilly’s has a 12 month low of $7.62 and a 12 month high of $25.46. The stock’s 50 day simple moving average is $8.04 and its two-hundred day simple moving average is $10.15. The firm has a market cap of $237.06 million, a PE ratio of 10.13, a P/E/G ratio of 0.98 and a beta of 0.70.

Tilly’s (NYSE:TLYS) last released its quarterly earnings data on Wednesday, May 29th. The specialty retailer reported $0.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.01. Tilly’s had a return on equity of 14.25% and a net margin of 4.21%. The business had revenue of $460.30 million for the quarter, compared to analyst estimates of $128.84 million. During the same quarter in the prior year, the firm posted $0.04 EPS. The business’s quarterly revenue was up 272.4% compared to the same quarter last year. On average, equities research analysts forecast that Tilly’s will post 0.74 EPS for the current year.

In other news, Director Janet Kerr sold 3,268 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $7.84, for a total transaction of $25,621.12. Following the transaction, the director now owns 20,375 shares in the company, valued at approximately $159,740. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael Henry bought 12,795 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were acquired at an average price of $7.89 per share, for a total transaction of $100,952.55. Following the transaction, the chief financial officer now directly owns 34,290 shares in the company, valued at $270,548.10. The disclosure for this purchase can be found here. Company insiders own 48.26% of the company’s stock.

Large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio purchased a new position in shares of Tilly’s during the 2nd quarter valued at approximately $29,000. Legal & General Group Plc raised its stake in Tilly’s by 46.4% in the 4th quarter. Legal & General Group Plc now owns 3,169 shares of the specialty retailer’s stock valued at $34,000 after purchasing an additional 1,004 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in Tilly’s in the 2nd quarter valued at $42,000. BNP Paribas Arbitrage SA raised its stake in Tilly’s by 157.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,296 shares of the specialty retailer’s stock valued at $48,000 after purchasing an additional 2,626 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its stake in Tilly’s by 403.8% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 5,728 shares of the specialty retailer’s stock valued at $62,000 after purchasing an additional 4,591 shares during the last quarter. Hedge funds and other institutional investors own 72.81% of the company’s stock.

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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Analyst Recommendations for Tilly`s (NYSE:TLYS)

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