Tilly’s (NYSE:TLYS) Rating Increased to Hold at StockNews.com

Tilly’s (NYSE:TLYS) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Several other research analysts have also commented on the stock. B. Riley decreased their price target on shares of Tilly’s from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Friday. Roth Mkm decreased their target price on Tilly’s from $7.50 to $6.00 and set a “neutral” rating for the company in a research note on Friday, June 7th.

Tilly’s Stock Performance

Shares of TLYS stock traded down $0.21 during mid-day trading on Friday, reaching $4.54. 86,068 shares of the company were exchanged, compared to its average volume of 92,814. The company has a market capitalization of $136.56 million, a P/E ratio of -3.22 and a beta of 1.56. The business’s 50 day simple moving average is $5.34 and its 200 day simple moving average is $5.91. Tilly’s has a fifty-two week low of $4.37 and a fifty-two week high of $8.82.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings data on Thursday, June 6th. The specialty retailer reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($0.02). Tilly’s had a negative net margin of 6.85% and a negative return on equity of 14.38%. The firm had revenue of $115.86 million during the quarter, compared to the consensus estimate of $115.57 million. On average, analysts forecast that Tilly’s will post -0.83 EPS for the current year.

Insider Transactions at Tilly’s

In other Tilly’s news, Director Janet Kerr sold 20,000 shares of the company’s stock in a transaction dated Friday, July 5th. The shares were sold at an average price of $5.38, for a total value of $107,600.00. Following the completion of the transaction, the director now owns 28,996 shares in the company, valued at approximately $155,998.48. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Tilly’s news, Director Janet Kerr sold 20,000 shares of Tilly’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $5.38, for a total transaction of $107,600.00. Following the sale, the director now owns 28,996 shares of the company’s stock, valued at approximately $155,998.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Michael Henry purchased 5,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was acquired at an average cost of $5.01 per share, with a total value of $25,050.00. Following the purchase, the chief financial officer now owns 45,000 shares of the company’s stock, valued at approximately $225,450. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 372,118 shares of company stock worth $2,021,693 and sold 30,375 shares worth $162,049. Insiders own 27.14% of the company’s stock.

Hedge Funds Weigh In On Tilly’s

Several large investors have recently bought and sold shares of TLYS. First Eagle Investment Management LLC increased its stake in shares of Tilly’s by 7.4% during the fourth quarter. First Eagle Investment Management LLC now owns 376,233 shares of the specialty retailer’s stock valued at $2,837,000 after acquiring an additional 26,081 shares during the period. Fund 1 Investments LLC boosted its stake in Tilly’s by 3.7% during the 4th quarter. Fund 1 Investments LLC now owns 6,624,603 shares of the specialty retailer’s stock valued at $49,950,000 after purchasing an additional 236,800 shares in the last quarter. Sierra Summit Advisors LLC acquired a new position in shares of Tilly’s during the 4th quarter valued at $222,000. BNP Paribas Financial Markets raised its stake in shares of Tilly’s by 61.0% in the 1st quarter. BNP Paribas Financial Markets now owns 10,655 shares of the specialty retailer’s stock worth $72,000 after buying an additional 4,035 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Tilly’s by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock worth $8,721,000 after buying an additional 8,547 shares in the last quarter. Institutional investors and hedge funds own 76.38% of the company’s stock.

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.