Tilly’s, Inc. (NYSE:TLYS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Tilly’s, Inc. (NYSE:TLYS – Get Rating) have been assigned a consensus rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $15.00.

A number of research firms have recently commented on TLYS. StockNews.com cut Tilly’s from a “buy” rating to a “hold” rating in a research note on Wednesday, June 8th. B. Riley lowered their target price on Tilly’s from $16.00 to $12.00 in a research note on Friday, June 3rd.

Insider Buying and Selling at Tilly’s

In other Tilly’s news, Director Janet Kerr sold 8,000 shares of Tilly’s stock in a transaction on Wednesday, July 6th. The stock was sold at an average price of $7.18, for a total transaction of $57,440.00. Following the completion of the transaction, the director now owns 34,414 shares in the company, valued at $247,092.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 26.71% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC purchased a new position in shares of Tilly’s in the fourth quarter worth $33,000. Amalgamated Bank purchased a new position in shares of Tilly’s in the first quarter worth $26,000. Schroder Investment Management Group purchased a new position in shares of Tilly’s in the fourth quarter worth $94,000. Advisor Group Holdings Inc. grew its holdings in shares of Tilly’s by 11,387.1% in the first quarter. Advisor Group Holdings Inc. now owns 7,122 shares of the specialty retailer’s stock worth $67,000 after acquiring an additional 7,060 shares during the period. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Tilly’s by 125.0% in the second quarter. Nisa Investment Advisors LLC now owns 9,000 shares of the specialty retailer’s stock worth $63,000 after acquiring an additional 5,000 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Tilly’s Price Performance

TLYS opened at $7.77 on Friday. The stock’s 50 day simple moving average is $7.67 and its 200 day simple moving average is $9.49. Tilly’s has a 1 year low of $6.87 and a 1 year high of $17.80. The firm has a market cap of $233.43 million, a price-to-earnings ratio of 4.49 and a beta of 1.88.

Tilly’s (NYSE:TLYS – Get Rating) last issued its quarterly earnings data on Thursday, June 2nd. The specialty retailer reported $0.03 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.03. The firm had revenue of $145.78 million for the quarter, compared to analyst estimates of $145.29 million. Tilly’s had a return on equity of 30.63% and a net margin of 7.13%. During the same period last year, the company earned $0.36 EPS. As a group, sell-side analysts anticipate that Tilly’s will post 0.65 EPS for the current year.

About Tilly’s

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Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods 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, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others, as well as hardgoods consists of skateboards, longboards, bikes, roller-skates, and equipment for snowboarding and surfing.