Tilly’s (NYSE:TLYS) was downgraded by analysts at Pivotal Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

A number of other analysts have also recently commented on TLYS. TheStreet upgraded shares of Tilly’s from a “c+” rating to a “b-” rating in a research note on Wednesday, December 18th. B. Riley reiterated a “buy” rating and issued a $15.00 price target on shares of Tilly’s in a research note on Thursday, December 5th. Roth Capital reiterated a “buy” rating on shares of Tilly’s in a research note on Thursday, December 5th. ValuEngine upgraded shares of Tilly’s from a “sell” rating to a “hold” rating in a research note on Friday, January 3rd. Finally, Zacks Investment Research upgraded shares of Tilly’s from a “sell” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Saturday, December 7th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $13.67.

TLYS traded down $0.20 during trading hours on Tuesday, hitting $8.88. 666,200 shares of the company’s stock were exchanged, compared to its average volume of 467,411. Tilly’s has a 1-year low of $7.62 and a 1-year high of $13.10. The stock’s 50-day moving average is $11.52 and its two-hundred day moving average is $9.80. The stock has a market cap of $262.67 million, a price-to-earnings ratio of 11.10, a PEG ratio of 1.21 and a beta of 0.63. The company has a quick ratio of 1.14, a current ratio of 1.69 and a debt-to-equity ratio of 1.29.

Tilly’s (NYSE:TLYS) last announced its earnings results on Wednesday, December 4th. The specialty retailer reported $0.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.02. The business had revenue of $154.80 million during the quarter, compared to analysts’ expectations of $154.19 million. Tilly’s had a net margin of 4.05% and a return on equity of 14.54%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.20 earnings per share. On average, equities research analysts anticipate that Tilly’s will post 0.88 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in TLYS. Public Employees Retirement System of Ohio bought a new position in Tilly’s in the 2nd quarter valued at about $29,000. Jacobs Levy Equity Management Inc. bought a new position in Tilly’s in the 2nd quarter valued at about $115,000. Jefferies Group LLC bought a new position in Tilly’s in the 2nd quarter valued at about $137,000. Connors Investor Services Inc. increased its holdings in Tilly’s by 46.2% in the 2nd quarter. Connors Investor Services Inc. now owns 19,000 shares of the specialty retailer’s stock valued at $145,000 after buying an additional 6,000 shares during the period. Finally, Bailard Inc. bought a new position in Tilly’s in the 3rd quarter valued at about $149,000. 66.37% of the stock is currently owned by hedge funds and other 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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