Tilly’s (NYSE:TLYS) Raised to Buy at Wall Street Zen

Tilly’s (NYSE:TLYS) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

TLYS has been the subject of several other reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tilly’s in a research note on Monday, June 15th. Roth Capital reissued a “neutral” rating and issued a $5.50 target price on shares of Tilly’s in a research note on Monday, June 8th. Finally, Zacks Research downgraded Tilly’s from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $5.50.

Tilly’s Stock Down 0.7%

Shares of NYSE TLYS opened at $4.37 on Friday. The firm’s fifty day moving average is $3.99 and its 200 day moving average is $3.88. Tilly’s has a 52 week low of $1.14 and a 52 week high of $6.25. The company has a market cap of $133.20 million, a price-to-earnings ratio of 72.83 and a beta of 0.13.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.10. The business had revenue of $163.51 million during the quarter, compared to analysts’ expectations of $157.00 million. Tilly’s had a net margin of 0.34% and a return on equity of 2.37%. Tilly’s has set its Q3 2026 guidance at 0.070-0.120 EPS. Equities research analysts anticipate that Tilly’s will post 0.08 earnings per share for the current year.

Institutional Investors Weigh In On Tilly’s

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

About Tilly’s

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.