Tilly’s Inc (NYSE:TLYS) – Stock analysts at B. Riley reduced their Q2 2020 EPS estimates for Tilly’s in a research report issued on Thursday, May 30th, Zacks Investment Research reports. B. Riley analyst J. Van. Sinderen now anticipates that the specialty retailer will post earnings of $0.20 per share for the quarter, down from their prior estimate of $0.31. B. Riley currently has a “Buy” rating and a $14.00 price target on the stock. B. Riley also issued estimates for Tilly’s’ Q3 2020 earnings at $0.21 EPS, Q4 2020 earnings at $0.28 EPS and FY2020 earnings at $0.71 EPS.
Tilly’s (NYSE:TLYS) last posted its earnings results on Wednesday, May 29th. The specialty retailer reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The firm had revenue of $460.30 million during the quarter, compared to analyst estimates of $128.84 million. Tilly’s had a net margin of 4.21% and a return on equity of 14.25%. Tilly’s’s revenue was up 272.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.04 EPS.
A number of other research analysts have also issued reports on the stock. Zacks Investment Research raised shares of Tilly’s from a “sell” rating to a “hold” rating in a research note on Saturday. ValuEngine lowered shares of Tilly’s from a “sell” rating to a “strong sell” rating in a research note on Thursday, May 30th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. Tilly’s has an average rating of “Buy” and an average target price of $15.00.
Tilly’s stock traded down $0.10 during midday trading on Friday, reaching $8.01. 340,993 shares of the stock traded hands, compared to its average volume of 368,262. The company has a current ratio of 1.65, a quick ratio of 1.11 and a debt-to-equity ratio of 1.35. The stock has a fifty day moving average price of $9.69. The firm has a market cap of $239.42 million, a price-to-earnings ratio of 10.01, a price-to-earnings-growth ratio of 0.99 and a beta of 0.78. Tilly’s has a fifty-two week low of $7.65 and a fifty-two week high of $25.46.
In related news, CFO Michael Henry purchased 4,705 shares of the company’s stock in a transaction on Thursday, April 4th. The shares were bought at an average cost of $11.08 per share, for a total transaction of $52,131.40. Following the transaction, the chief financial officer now owns 21,495 shares of the company’s stock, valued at $238,164.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Janet Kerr sold 3,268 shares of the business’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $7.84, for a total transaction of $25,621.12. Following the sale, the director now owns 20,375 shares in the company, valued at $159,740. The disclosure for this sale can be found here. 29.50% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TLYS. Citigroup Inc. increased its position in shares of Tilly’s by 23.4% in the fourth quarter. Citigroup Inc. now owns 4,905 shares of the specialty retailer’s stock worth $53,000 after acquiring an additional 929 shares in the last quarter. Legal & General Group Plc increased its position in shares of Tilly’s by 46.4% in the fourth quarter. Legal & General Group Plc now owns 3,169 shares of the specialty retailer’s stock worth $34,000 after acquiring an additional 1,004 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Tilly’s by 157.2% in the first quarter. BNP Paribas Arbitrage SA now owns 4,296 shares of the specialty retailer’s stock worth $48,000 after acquiring an additional 2,626 shares in the last quarter. Rhumbline Advisers increased its position in shares of Tilly’s by 13.1% in the first quarter. Rhumbline Advisers now owns 26,953 shares of the specialty retailer’s stock worth $300,000 after acquiring an additional 3,129 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its position in shares of Tilly’s by 0.5% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 658,610 shares of the specialty retailer’s stock worth $7,330,000 after acquiring an additional 3,500 shares in the last quarter. Institutional investors and hedge funds own 72.57% of the company’s stock.
Tilly’s Company Profile
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.