Wall Street analysts predict that Tilly’s Inc (NYSE:TLYS) will post sales of $154.67 million for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Tilly’s’ earnings, with the lowest sales estimate coming in at $153.31 million and the highest estimate coming in at $155.90 million. Tilly’s posted sales of $146.83 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 5.3%. The firm is scheduled to issue its next earnings results after the market closes on Wednesday, December 4th.
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On average, analysts expect that Tilly’s will report full year sales of $625.01 million for the current year, with estimates ranging from $623.56 million to $626.00 million. For the next year, analysts forecast that the company will report sales of $657.24 million, with estimates ranging from $646.11 million to $664.80 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Tilly’s.
Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Wednesday, August 28th. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.11. Tilly’s had a return on equity of 14.65% and a net margin of 4.11%. The firm had revenue of $161.70 million for the quarter, compared to analysts’ expectations of $156.67 million. During the same period in the prior year, the business earned $0.29 EPS. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year.
Several research analysts have recently weighed in on the company. ValuEngine upgraded Tilly’s from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Pivotal Research reiterated a “buy” rating and set a $12.00 price target on shares of Tilly’s in a research report on Thursday, August 29th. B. Riley set a $14.00 price objective on Tilly’s and gave the company a “buy” rating in a report on Monday, August 26th. Finally, Zacks Investment Research cut Tilly’s from a “strong-buy” rating to a “hold” rating and set a $12.00 price target on the stock. in a research note on Sunday, November 3rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Tilly’s presently has a consensus rating of “Buy” and an average price target of $14.60.
NYSE TLYS traded up $0.24 on Wednesday, reaching $10.00. The company had a trading volume of 6,272 shares, compared to its average volume of 174,777. Tilly’s has a 52-week low of $7.62 and a 52-week high of $15.74. The stock has a market capitalization of $293.43 million, a P/E ratio of 12.43, a P/E/G ratio of 1.02 and a beta of 0.55. The company’s fifty day moving average is $10.01 and its 200 day moving average is $9.27. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 1.34.
In related news, Director Bernard Zeichner sold 10,000 shares of Tilly’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $10.75, for a total transaction of $107,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 48.26% of the stock is currently owned by insiders.
Several hedge funds have recently bought and sold shares of TLYS. Paradigm Capital Management Inc. NY increased its position in Tilly’s by 108.2% in the second quarter. Paradigm Capital Management Inc. NY now owns 1,112,600 shares of the specialty retailer’s stock worth $8,489,000 after buying an additional 578,300 shares in the last quarter. Divisar Capital Management LLC raised its holdings in shares of Tilly’s by 37.6% in the second quarter. Divisar Capital Management LLC now owns 1,906,210 shares of the specialty retailer’s stock worth $14,544,000 after buying an additional 520,800 shares during the period. Renaissance Technologies LLC increased its holdings in Tilly’s by 31.4% during the 2nd quarter. Renaissance Technologies LLC now owns 1,277,600 shares of the specialty retailer’s stock worth $9,748,000 after purchasing an additional 305,200 shares during the period. D. E. Shaw & Co. Inc. boosted its position in Tilly’s by 244.4% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 327,032 shares of the specialty retailer’s stock valued at $2,495,000 after acquiring an additional 232,086 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in Tilly’s by 172.9% during the 2nd quarter. Wells Fargo & Company MN now owns 296,667 shares of the specialty retailer’s stock valued at $2,264,000 after acquiring an additional 187,943 shares in the last quarter. Hedge funds and other institutional investors own 72.75% of the company’s stock.
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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