Zacks Research Downgrades Tilly’s (NYSE:TLYS) to Hold

Tilly’s (NYSE:TLYS) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Several other brokerages have also recently issued reports on TLYS. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tilly’s in a research note on Monday, June 15th. Wall Street Zen raised shares of Tilly’s to a “hold” rating in a research note on Saturday, April 25th. Finally, Roth Capital restated a “neutral” rating and set a $5.50 price target on shares of Tilly’s in a research report on Monday, June 8th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Tilly’s presently has a consensus rating of “Reduce” and an average price target of $5.50.

Tilly’s Stock Performance

NYSE:TLYS opened at $4.20 on Tuesday. The firm has a market cap of $128.02 million, a price-to-earnings ratio of -38.18 and a beta of 0.13. Tilly’s has a one year low of $1.14 and a one year high of $5.90. The firm’s fifty day moving average is $4.33 and its two-hundred day moving average is $3.50.

Tilly’s (NYSE:TLYS) last posted its earnings results on Wednesday, June 3rd. The specialty retailer reported ($0.26) earnings per share for the quarter, beating the consensus estimate of ($0.33) by $0.07. Tilly’s had a negative net margin of 0.57% and a negative return on equity of 3.98%. The firm had revenue of $124.72 million during the quarter, compared to analyst estimates of $121.30 million. Tilly’s has set its Q2 2026 guidance at 0.130-0.200 EPS. As a group, equities research analysts predict that Tilly’s will post -0.05 earnings per share for the current fiscal year.

Institutional Trading of Tilly’s

Several institutional investors and hedge funds have recently bought and sold shares of TLYS. Bank of America Corp DE lifted its position in Tilly’s by 128.3% in the first quarter. Bank of America Corp DE now owns 11,732 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 6,593 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Tilly’s by 12.6% during the first quarter. Renaissance Technologies LLC now owns 849,314 shares of the specialty retailer’s stock valued at $3,440,000 after acquiring an additional 95,102 shares during the last quarter. Aristides Capital LLC increased its position in shares of Tilly’s by 25.9% during the first quarter. Aristides Capital LLC now owns 201,873 shares of the specialty retailer’s stock valued at $818,000 after acquiring an additional 41,500 shares during the last quarter. BML Capital Management LLC purchased a new stake in shares of Tilly’s in the 1st quarter valued at approximately $8,708,000. Finally, Hillsdale Investment Management Inc. acquired a new position in shares of Tilly’s in the 1st quarter worth approximately $94,000. 76.38% of the stock is currently owned by hedge funds and other institutional investors.

Tilly’s Company Profile

Tilly’s, Inc is an American specialty retailer of casual apparel, footwear, accessories and hardgoods. Founded in 1982 by Hezy Shaked and Tilly Levine, the company has grown from a single denim and tops store in Garden Grove, California, to a nationwide retail chain. Headquartered in Irvine, California, Tilly’s serves a youth-oriented market with an emphasis on surf, skate and streetwear brands.

The company’s merchandise assortment includes products from leading lifestyle brands such as Vans, Nike, Billabong and Quiksilver, alongside its own private-label offerings.