Wall Street analysts expect that Tilly’s Inc (NYSE:TLYS) will report $165.36 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Tilly’s’ earnings. The lowest sales estimate is $165.00 million and the highest is $165.93 million. Tilly’s posted sales of $164.32 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 0.6%. The firm is scheduled to announce its next quarterly earnings results 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 fiscal year, analysts expect that the company will report sales of $629.18 million, with estimates ranging from $619.71 million to $638.40 million. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Tilly’s.
Tilly’s (NYSE:TLYS) last issued its quarterly earnings data on Wednesday, November 28th. The specialty retailer reported $0.24 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.01. The company had revenue of $146.80 million for the quarter, compared to the consensus estimate of $148.74 million. Tilly’s had a net margin of 4.06% and a return on equity of 14.04%. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.31 earnings per share.
A number of brokerages recently weighed in on TLYS. B. Riley lowered their price objective on shares of Tilly’s from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, December 6th. Pivotal Research upgraded shares of Tilly’s from a “hold” rating to a “buy” rating and lowered their price objective for the company from $17.00 to $14.00 in a research report on Thursday, December 6th. ValuEngine downgraded shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Friday, November 30th. Roth Capital set a $18.00 price objective on shares of Tilly’s and gave the company a “buy” rating in a research report on Thursday, November 29th. Finally, Bank of America lowered their price objective on shares of Tilly’s from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Thursday, November 29th. Two research analysts have rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $18.40.
Shares of Tilly’s stock opened at $10.84 on Tuesday. The company has a market cap of $319.56 million, a P/E ratio of 13.38, a P/E/G ratio of 1.25 and a beta of 0.13. Tilly’s has a twelve month low of $10.44 and a twelve month high of $25.46.
In other Tilly’s news, Director Seth R. Johnson sold 7,500 shares of the stock in a transaction that occurred on Friday, September 28th. The shares were sold at an average price of $19.03, for a total value of $142,725.00. Following the transaction, the director now directly owns 66,362 shares in the company, valued at $1,262,868.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 48.26% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Paradigm Capital Management Inc. NY bought a new stake in shares of Tilly’s during the 2nd quarter valued at $11,392,000. JPMorgan Chase & Co. raised its position in shares of Tilly’s by 23,687.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 608,482 shares of the specialty retailer’s stock valued at $11,530,000 after purchasing an additional 605,924 shares during the period. Vanguard Group Inc. raised its position in shares of Tilly’s by 84.7% during 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. Vanguard Group Inc raised its position in shares of Tilly’s by 84.7% during 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. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Tilly’s during the 3rd quarter valued at $5,873,000. Institutional investors and hedge funds own 70.70% 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.
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