Wall Street brokerages predict that Tilly’s Inc (NYSE:TLYS) will post sales of $165.36 million for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Tilly’s’ earnings, with the highest sales estimate coming in at $165.93 million and the lowest estimate coming in at $165.00 million. Tilly’s posted sales of $164.32 million during the same quarter last year, which would indicate a positive year over year growth rate of 0.6%. The business is scheduled to announce its next quarterly earnings report on Monday, March 11th.
According to Zacks, analysts expect that Tilly’s will report full-year sales of $593.23 million for the current year, with estimates ranging from $592.90 million to $593.79 million. For the next year, analysts expect that the firm will report sales of $629.18 million, with estimates ranging from $619.71 million to $638.40 million. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Tilly’s.
Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, November 28th. The specialty retailer reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.01. Tilly’s had a return on equity of 14.04% and a net margin of 4.06%. The business had revenue of $146.80 million during the quarter, compared to the consensus estimate of $148.74 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. Tilly’s’s revenue was down 3.9% compared to the same quarter last year.
Several equities research analysts recently issued reports on TLYS shares. B. Riley decreased their price target on Tilly’s from $26.00 to $25.00 and set a “buy” rating for the company in a report on Wednesday, November 21st. Bank of America started coverage on Tilly’s in a report on Wednesday, October 24th. They set a “buy” rating and a $20.00 price target for the company. Pivotal Research set a $17.00 price target on Tilly’s and gave the stock a “hold” rating in a report on Tuesday, November 27th. Roth Capital set a $18.00 price target on Tilly’s and gave the stock a “buy” rating in a report on Thursday, November 29th. Finally, ValuEngine downgraded Tilly’s from a “hold” rating to a “sell” rating in a report on Friday, November 30th. Two equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. Tilly’s presently has an average rating of “Hold” and a consensus price target of $18.40.
Tilly’s stock traded up $0.02 during trading on Friday, hitting $11.87. 432,704 shares of the company were exchanged, compared to its average volume of 431,337. Tilly’s has a 52 week low of $10.19 and a 52 week high of $25.46. The company has a market capitalization of $355.82 million, a P/E ratio of 18.26, a price-to-earnings-growth ratio of 1.39 and a beta of 0.25.
In other Tilly’s news, insider Hezy Shaked sold 20,000 shares of the company’s stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $10.68, for a total value of $213,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 48.26% of the stock is owned by corporate insiders.
A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc grew its stake in Tilly’s by 84.7% in the 3rd quarter. Vanguard Group Inc now owns 1,095,583 shares of the specialty retailer’s stock valued at $20,761,000 after purchasing an additional 502,560 shares during the period. Marshall Wace LLP bought a new position in Tilly’s in the 3rd quarter valued at $229,000. Vanguard Group Inc. grew its stake in Tilly’s by 84.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,095,583 shares of the specialty retailer’s stock valued at $20,761,000 after purchasing an additional 502,560 shares during the period. Nordea Investment Management AB bought a new position in Tilly’s in the 3rd quarter valued at $2,545,000. Finally, TIAA CREF Investment Management LLC grew its stake in Tilly’s by 92.6% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 291,968 shares of the specialty retailer’s stock valued at $5,533,000 after purchasing an additional 140,407 shares during the period. Hedge funds and other institutional investors own 70.16% 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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