Tilly’s (TLYS) Expected to Announce Earnings on Wednesday

Tilly’s (NYSE:TLYS) is expected to be releasing its earnings data after the market closes on Wednesday, March 12th. Analysts expect Tilly’s to post earnings of ($0.28) per share and revenue of $159.90 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Tilly’s Trading Down 10.0 %

NYSE TLYS opened at $3.72 on Tuesday. The stock’s 50 day moving average is $4.08 and its two-hundred day moving average is $4.26. The company has a market capitalization of $112.01 million, a price-to-earnings ratio of -2.10 and a beta of 1.58. Tilly’s has a 1-year low of $3.22 and a 1-year high of $7.39.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Tilly’s stock. Bank of America Corp DE increased its stake in Tilly’s, Inc. (NYSE:TLYS) by 31.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,566 shares of the specialty retailer’s stock after purchasing an additional 4,193 shares during the period. Bank of America Corp DE owned 0.06% of Tilly’s worth $75,000 as of its most recent SEC filing. Institutional investors and hedge funds own 76.38% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TLYS shares. StockNews.com downgraded Tilly’s from a “hold” rating to a “sell” rating in a report on Monday, December 9th. B. Riley reduced their target price on Tilly’s from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Friday, December 6th.

About Tilly’s

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.