Tilly’s (NYSE:TLYS) had its price target cut by investment analysts at B. Riley from $21.00 to $20.00 in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the specialty retailer’s stock. B. Riley’s price target points to a potential upside of 74.37% from the stock’s previous close. B. Riley also issued estimates for Tilly’s’ Q2 2020 earnings at $0.28 EPS, Q3 2020 earnings at $0.25 EPS, Q3 2020 earnings at $0.21 EPS, FY2020 earnings at $0.84 EPS, FY2021 earnings at $1.08 EPS and FY2021 earnings at $1.12 EPS.

Other research analysts also recently issued reports about the company. Pivotal Research restated a “buy” rating and set a $21.00 price objective (up from $20.00) on shares of Tilly’s in a research note on Monday, August 27th. Zacks Investment Research downgraded Tilly’s from a “hold” rating to a “sell” rating in a research note on Saturday, November 17th. ValuEngine downgraded Tilly’s from a “buy” rating to a “hold” rating in a research note on Tuesday, November 20th. Roth Capital set a $22.00 price objective on Tilly’s and gave the stock a “buy” rating in a research note on Thursday, August 30th. Finally, Bank of America began coverage on Tilly’s in a research note on Wednesday, October 24th. They set a “buy” rating and a $20.00 price objective for the company. Two investment analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $18.40.

TLYS stock opened at $11.47 on Thursday. The company has a market cap of $317.41 million, a P/E ratio of 17.65, a PEG ratio of 1.17 and a beta of 0.13. Tilly’s has a 12-month low of $10.72 and a 12-month high of $25.46.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Wednesday, November 28th. The specialty retailer reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The business had revenue of $146.80 million for the quarter, compared to analyst estimates of $148.74 million. Tilly’s had a return on equity of 14.39% and a net margin of 4.06%. The business’s revenue was down 3.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.31 EPS. Research analysts predict that Tilly’s will post 0.84 earnings per share for the current year.

In other news, Director Janet Kerr sold 7,500 shares of the stock in a transaction on Monday, September 24th. The stock was sold at an average price of $18.46, for a total value of $138,450.00. Following the completion of the transaction, the director now owns 17,579 shares of the company’s stock, valued at $324,508.34. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Hezy Shaked sold 2,879,049 shares of the stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $18.50, for a total value of $53,262,406.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,393,521 shares of company stock valued at $99,783,814. 48.26% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in the company. Globeflex Capital L P grew its stake in shares of Tilly’s by 7.2% in the third quarter. Globeflex Capital L P now owns 45,667 shares of the specialty retailer’s stock worth $865,000 after purchasing an additional 3,076 shares in the last quarter. Man Group plc grew its stake in shares of Tilly’s by 12.7% in the third quarter. Man Group plc now owns 27,600 shares of the specialty retailer’s stock worth $523,000 after purchasing an additional 3,100 shares in the last quarter. Emerald Mutual Fund Advisers Trust grew its stake in shares of Tilly’s by 0.5% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 647,110 shares of the specialty retailer’s stock worth $12,263,000 after purchasing an additional 3,200 shares in the last quarter. James Investment Research Inc. grew its stake in shares of Tilly’s by 2.6% in the third quarter. James Investment Research Inc. now owns 161,080 shares of the specialty retailer’s stock worth $3,052,000 after purchasing an additional 4,055 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its stake in shares of Tilly’s by 33.7% in the third quarter. Dynamic Technology Lab Private Ltd now owns 23,145 shares of the specialty retailer’s stock worth $438,000 after purchasing an additional 5,838 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

About Tilly’s

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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Analyst Recommendations for Tilly`s (NYSE:TLYS)

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