Tilly’s, Inc. (NYSE:TLYS) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.

A number of other research firms have also recently weighed in on TLYS. ValuEngine cut shares of Tilly’s from a “buy” rating to a “hold” rating in a research report on Thursday, June 1st. B. Riley reiterated a “buy” rating and set a $12.00 price objective on shares of Tilly’s in a research report on Monday, May 29th. TheStreet upgraded shares of Tilly’s from a “c+” rating to a “b-” rating in a research report on Tuesday, June 27th. Zacks Investment Research upgraded shares of Tilly’s from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Wednesday, June 28th. Finally, Roth Capital set a $12.00 price objective on shares of Tilly’s and gave the company a “buy” rating in a research report on Wednesday, May 24th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $10.86.

Shares of Tilly’s (NYSE:TLYS) opened at 10.17 on Wednesday. The firm’s 50-day moving average is $10.16 and its 200 day moving average is $10.41. The stock has a market cap of $292.76 million, a PE ratio of 20.84 and a beta of -0.42. Tilly’s has a 12 month low of $5.53 and a 12 month high of $15.29.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings data on Tuesday, May 23rd. The specialty retailer reported ($0.01) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.09. Tilly’s had a net margin of 2.46% and a return on equity of 7.86%. The business had revenue of $120.90 million for the quarter, compared to analysts’ expectations of $114.35 million. During the same quarter in the previous year, the business posted ($0.06) earnings per share. The business’s revenue was up .6% compared to the same quarter last year. On average, equities analysts predict that Tilly’s will post $0.45 EPS for the current year.

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In other news, insider Hezy Shaked sold 30,000 shares of the business’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $10.62, for a total transaction of $318,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Tilly Levine sold 20,000 shares of the business’s stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $9.37, for a total transaction of $187,400.00. The disclosure for this sale can be found here. Insiders have sold 140,600 shares of company stock valued at $1,405,906 over the last three months. Insiders own 53.41% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC raised its stake in shares of Tilly’s by 699.4% in the first quarter. AQR Capital Management LLC now owns 107,615 shares of the specialty retailer’s stock worth $971,000 after buying an additional 94,153 shares in the last quarter. Divisar Capital Management LLC raised its stake in shares of Tilly’s by 12.6% in the first quarter. Divisar Capital Management LLC now owns 548,065 shares of the specialty retailer’s stock worth $4,944,000 after buying an additional 61,527 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Tilly’s by 28.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 39,827 shares of the specialty retailer’s stock worth $360,000 after buying an additional 8,783 shares in the last quarter. Lucus Advisors LLC bought a new stake in shares of Tilly’s during the first quarter worth about $398,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Tilly’s by 33.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,078,718 shares of the specialty retailer’s stock worth $9,730,000 after buying an additional 270,024 shares in the last quarter. 41.82% of the stock is owned by hedge funds and other institutional investors.

Tilly’s Company Profile

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.

Analyst Recommendations for Tilly`s (NYSE:TLYS)

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