FY2018 EPS Estimates for Tilly's Inc (TLYS) Raised by Analyst
Tilly's Inc (NASDAQ:TLYS) – Analysts at B. Riley boosted their FY2018 earnings estimates for shares of Tilly's in a research report issued on Friday. B. Riley analyst J. Van. Sinderen now anticipates that the brokerage will post earnings per share of $0.31 for the year, up from their prior estimate of $0.30. B. Riley has a “Buy” rating and a $12.00 price target on the stock.
Tilly's (NASDAQ:TLYS) last issued its quarterly earnings results on Wednesday, August 24th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.08. The firm had revenue of $136.41 million for the quarter, compared to the consensus estimate of $132.69 million. During the same quarter in the prior year, the firm earned $0.02 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis.
TLYS has been the subject of several other reports. Zacks Investment Research upgraded shares of Tilly's from a “hold” rating to a “strong-buy” rating and set a $9.75 target price for the company in a research note on Tuesday, August 30th. Roth Capital restated a “buy” rating on shares of Tilly's in a research report on Tuesday, July 12th. Stifel Nicolaus restated a “hold” rating on shares of Tilly's in a research report on Thursday, August 25th. SunTrust Banks Inc. reiterated a “neutral” rating and issued a $8.00 price target (up from $6.50) on shares of Tilly's in a research report on Friday, August 26th. Finally, Mizuho reiterated a “neutral” rating and issued a $7.00 price target (up from $6.50) on shares of Tilly's in a research report on Thursday, August 25th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $9.75.
Tilly's (NASDAQ:TLYS) traded up 2.10% during midday trading on Monday, hitting $9.71. The stock had a trading volume of 116,216 shares. The company has a market cap of $277.19 million and a price-to-earnings ratio of 63.05. Tilly's has a 1-year low of $5.49 and a 1-year high of $10.86. The company’s 50 day moving average is $7.82 and its 200 day moving average is $6.67.
Institutional investors have recently added to or reduced their stakes in the stock. Oxford Asset Management raised its position in Tilly's by 114.3% in the second quarter. Oxford Asset Management now owns 95,213 shares of the company’s stock valued at $551,000 after buying an additional 50,784 shares during the last quarter. Strs Ohio raised its position in shares of Tilly's by 8.4% in the second quarter. Strs Ohio now owns 88,200 shares of the company’s stock valued at $510,000 after buying an additional 6,800 shares in the last quarter. Alambic Investment Management L.P. raised its position in shares of Tilly's by 16.9% in the second quarter. Alambic Investment Management L.P. now owns 83,224 shares of the company’s stock valued at $482,000 after buying an additional 12,024 shares in the last quarter. Emerald Acquisition Ltd. bought a new position in shares of Tilly's during the second quarter valued at $757,000. Finally, California State Teachers Retirement System raised its position in shares of Tilly's by 2.5% in the second quarter. California State Teachers Retirement System now owns 24,438 shares of the company’s stock valued at $141,000 after buying an additional 600 shares in the last quarter.
Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.
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