Tilly’s (NYSE:TLYS) updated its first quarter earnings guidance on Monday. The company provided earnings per share (EPS) guidance of ($0.01)-0.03 for the period, compared to the Thomson Reuters consensus estimate of $0.01.
TLYS has been the topic of a number of analyst reports. Zacks Investment Research downgraded shares of Tilly’s from a buy rating to a hold rating in a research note on Friday, March 23rd. B. Riley set a $17.00 price objective on shares of Tilly’s and gave the company a buy rating in a research note on Tuesday, March 13th. Finally, TheStreet downgraded shares of Tilly’s from a b rating to a c+ rating in a research note on Monday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $15.67.
NYSE:TLYS traded up $0.58 during trading hours on Thursday, reaching $11.76. The company had a trading volume of 387,026 shares, compared to its average volume of 178,636. The stock has a market capitalization of $328.84, a price-to-earnings ratio of 18.09 and a beta of -0.24. Tilly’s has a twelve month low of $8.04 and a twelve month high of $16.57.
In related news, major shareholder Tilly Levine sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $14.70, for a total transaction of $147,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Hezy Shaked sold 30,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $13.35, for a total transaction of $400,500.00. The disclosure for this sale can be found here. Insiders sold 240,000 shares of company stock worth $3,239,500 over the last ninety days. Insiders own 50.12% of the company’s stock.
A hedge fund recently raised its stake in Tilly’s stock. State Street Corp raised its holdings in Tilly’s (NYSE:TLYS) by 7.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 170,198 shares of the specialty retailer’s stock after purchasing an additional 11,416 shares during the period. State Street Corp owned 0.59% of Tilly’s worth $1,726,000 at the end of the most recent reporting period. 46.87% of the stock is currently owned by institutional investors and hedge funds.
TRADEMARK VIOLATION NOTICE: “Tilly’s (TLYS) Releases Q1 Earnings Guidance” was originally reported by BBNS and is the property of of BBNS. If you are viewing this report on another website, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this report can be read at https://baseballnewssource.com/2018/04/05/tillys-tlys-updates-q1-earnings-guidance/2028010.html.
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.
Receive News & Ratings for Tilly's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tilly's and related companies with MarketBeat.com's FREE daily email newsletter.