StockNews.com Upgrades Tilly’s (NYSE:TLYS) to Hold

StockNews.com upgraded shares of Tilly’s (NYSE:TLYS) from a sell rating to a hold rating in a research report released on Friday morning.

TLYS has been the topic of several other research reports. Roth Mkm lowered their price objective on shares of Tilly’s from $8.50 to $7.50 and set a neutral rating on the stock in a report on Friday, March 15th. B. Riley decreased their target price on shares of Tilly’s from $8.75 to $8.25 and set a neutral rating for the company in a research report on Friday, March 15th. Four equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has an average rating of Hold and a consensus target price of $7.88.

Tilly’s Price Performance

Shares of TLYS opened at $5.61 on Friday. Tilly’s has a one year low of $5.56 and a one year high of $9.50. The company has a market cap of $168.13 million, a PE ratio of -4.84 and a beta of 1.58. The stock has a 50-day moving average of $7.01 and a 200-day moving average of $7.56.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings data on Thursday, March 14th. The specialty retailer reported ($0.17) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.05. Tilly’s had a negative return on equity of 11.93% and a negative net margin of 5.54%. The firm had revenue of $173.02 million during the quarter, compared to analysts’ expectations of $171.65 million. Analysts expect that Tilly’s will post -0.61 EPS for the current fiscal year.

Insider Buying and Selling at Tilly’s

In other news, major shareholder Fund 1 Investments, Llc purchased 24,500 shares of the business’s stock in a transaction that occurred on Friday, January 19th. The shares were acquired at an average cost of $7.44 per share, for a total transaction of $182,280.00. Following the completion of the acquisition, the insider now owns 4,686,829 shares in the company, valued at $34,870,007.76. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have purchased 403,320 shares of company stock worth $2,956,114. Corporate insiders own 27.96% of the company’s stock.

Institutional Trading of Tilly’s

A number of hedge funds have recently bought and sold shares of TLYS. Quantbot Technologies LP bought a new position in shares of Tilly’s during the 2nd quarter valued at approximately $29,000. State of Wyoming lifted its stake in Tilly’s by 51.4% in the second quarter. State of Wyoming now owns 5,263 shares of the specialty retailer’s stock valued at $37,000 after purchasing an additional 1,787 shares during the last quarter. Barclays PLC grew its holdings in Tilly’s by 366.3% during the fourth quarter. Barclays PLC now owns 6,071 shares of the specialty retailer’s stock valued at $55,000 after purchasing an additional 4,769 shares during the period. BNP Paribas Financial Markets increased its position in Tilly’s by 97.8% in the fourth quarter. BNP Paribas Financial Markets now owns 6,620 shares of the specialty retailer’s stock worth $50,000 after buying an additional 3,274 shares during the last quarter. Finally, Advisor Group Holdings Inc. increased its position in Tilly’s by 11,387.1% in the first quarter. Advisor Group Holdings Inc. now owns 7,122 shares of the specialty retailer’s stock worth $67,000 after buying an additional 7,060 shares during the last quarter. 76.38% of the stock is currently owned by institutional investors.

Tilly’s Company Profile

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others, as well as hardgoods consists of skateboards, longboards, and related equipment for skateboarding, snowboarding, and surfing.