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

Zacks Research downgraded shares of Tilly’s (NYSE:TLYS) from a strong-buy rating to a hold rating in a research note released on Tuesday,Zacks reports.

TLYS has been the topic of several other reports. Roth Capital restated a “neutral” rating and issued a $5.50 price target on shares of Tilly’s in a research report on Monday, June 8th. Wall Street Zen upgraded Tilly’s from a “hold” rating to a “buy” rating in a report on Saturday, September 5th. Finally, Weiss Ratings raised Tilly’s from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, September 9th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $5.50.

Tilly’s Price Performance

Shares of NYSE TLYS opened at $4.43 on Tuesday. The company’s 50 day simple moving average is $4.18 and its 200 day simple moving average is $4.30. Tilly’s has a fifty-two week low of $1.14 and a fifty-two week high of $6.25. The firm has a market capitalization of $135.67 million, a P/E ratio of 73.92 and a beta of 0.06.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.10. Tilly’s had a net margin of 0.34% and a return on equity of 2.37%. The firm had revenue of $163.51 million for the quarter, compared to analysts’ expectations of $157.00 million. Tilly’s has set its Q3 2026 guidance at 0.070-0.120 EPS. Sell-side analysts expect that Tilly’s will post 0.2 EPS for the current fiscal year.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc sold 1,644,255 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $4.49, for a total value of $7,382,704.95. Following the completion of the transaction, the insider directly owned 6,414,013 shares in the company, valued at approximately $28,798,918.37. The trade was a 20.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders sold 2,256,335 shares of company stock valued at $10,073,354. 26.43% of the stock is currently owned by insiders.

Institutional Trading of Tilly’s

Several hedge funds have recently bought and sold shares of the stock. BML Capital Management LLC acquired a new position in shares of Tilly’s in the first quarter valued at approximately $8,708,000. 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 worth $3,440,000 after acquiring an additional 95,102 shares in 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 worth $818,000 after acquiring an additional 41,500 shares in the last quarter. Squarepoint Ops LLC raised its holdings in shares of Tilly’s by 155.5% during the second quarter. Squarepoint Ops LLC now owns 134,956 shares of the specialty retailer’s stock worth $567,000 after acquiring an additional 82,143 shares during the period. Finally, Kathmere Capital Management LLC raised its holdings in shares of Tilly’s by 100.0% during the first quarter. Kathmere Capital Management LLC now owns 50,000 shares of the specialty retailer’s stock worth $202,000 after acquiring an additional 25,000 shares during the period. 76.38% of the stock is currently owned by institutional investors and hedge funds.

Tilly’s Company Profile

Tilly’s, Inc is a specialty retailer focused on casual apparel, footwear and accessories for teens and young adults. The company offers clothing and related products associated with action sports, surf, skate, snow, streetwear and contemporary fashion.

Tilly’s merchandise includes products from a broad range of branded and emerging apparel, footwear and accessory manufacturers, along with merchandise sold under the company’s proprietary brands. Its assortment is designed to appeal to customers seeking casual, fashion-oriented and active lifestyles.

Founded in 1982 by Hezy Shaked and Tilly Levine, Tilly’s is headquartered in Irvine, California.