Tilly’s (NYSE:TLYS) Stock Rating Lowered by Zacks Research

Tilly’s (NYSE:TLYS) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the stock. Wall Street Zen upgraded shares of Tilly’s to a “hold” rating in a research report on Saturday, April 25th. Roth Capital restated a “neutral” rating and set a $5.50 target price on shares of Tilly’s in a report on Monday, June 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Tilly’s in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $5.50.

Tilly’s Price Performance

Shares of TLYS opened at $4.20 on Tuesday. Tilly’s has a 1 year low of $1.14 and a 1 year high of $5.90. The stock has a 50 day simple moving average of $4.33 and a two-hundred day simple moving average of $3.50. The firm has a market cap of $128.02 million, a P/E ratio of -38.18 and a beta of 0.13.

Tilly’s (NYSE:TLYS) last released its earnings results on Wednesday, June 3rd. The specialty retailer reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.33) by $0.07. Tilly’s had a negative net margin of 0.57% and a negative return on equity of 3.98%. The company had revenue of $124.72 million for the quarter, compared to analyst estimates of $121.30 million. Tilly’s has set its Q2 2026 guidance at 0.130-0.200 EPS. On average, equities analysts anticipate that Tilly’s will post -0.05 earnings per share for the current year.

Hedge Funds Weigh In On Tilly’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in TLYS. Bank of America Corp DE boosted its holdings in shares of Tilly’s by 128.3% during the 1st quarter. Bank of America Corp DE now owns 11,732 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 6,593 shares in the last quarter. Renaissance Technologies LLC lifted its position in Tilly’s by 12.6% during the 1st quarter. Renaissance Technologies LLC now owns 849,314 shares of the specialty retailer’s stock valued at $3,440,000 after acquiring an additional 95,102 shares during the period. Aristides Capital LLC lifted its position in Tilly’s by 25.9% during the 1st quarter. Aristides Capital LLC now owns 201,873 shares of the specialty retailer’s stock valued at $818,000 after acquiring an additional 41,500 shares during the period. BML Capital Management LLC bought a new stake in Tilly’s during the first quarter worth about $8,708,000. Finally, Hillsdale Investment Management Inc. bought a new stake in Tilly’s during the first quarter worth about $94,000. Hedge funds and other institutional investors own 76.38% of the company’s stock.

About Tilly’s

Tilly’s, Inc is an American specialty retailer of casual apparel, footwear, accessories and hardgoods. Founded in 1982 by Hezy Shaked and Tilly Levine, the company has grown from a single denim and tops store in Garden Grove, California, to a nationwide retail chain. Headquartered in Irvine, California, Tilly’s serves a youth-oriented market with an emphasis on surf, skate and streetwear brands.

The company’s merchandise assortment includes products from leading lifestyle brands such as Vans, Nike, Billabong and Quiksilver, alongside its own private-label offerings.