Tilly’s Inc (NYSE:TLYS) – Stock analysts at William Blair issued their Q2 2020 earnings per share estimates for Tilly’s in a report released on Thursday, November 29th. William Blair analyst S. Zackfia forecasts that the specialty retailer will post earnings per share of $0.32 for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Tilly’s’ Q3 2020 earnings at $0.24 EPS and FY2021 earnings at $0.99 EPS.
Several other research analysts also recently commented on the company. ValuEngine downgraded Tilly’s from a “hold” rating to a “sell” rating in a research note on Friday. Roth Capital set a $18.00 target price on Tilly’s and gave the stock a “buy” rating in a research note on Thursday. Bank of America lowered their target price on Tilly’s from $20.00 to $17.00 and set a “buy” rating for the company in a research note on Thursday. B. Riley lowered their target price on Tilly’s from $25.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Pivotal Research set a $17.00 target price on Tilly’s and gave the stock a “hold” rating in a research note on Tuesday, November 27th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $19.20.
Tilly’s (NYSE:TLYS) last issued its earnings results on Wednesday, November 28th. The specialty retailer reported $0.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The firm had revenue of $146.80 million during the quarter, compared to the consensus estimate of $148.74 million. Tilly’s had a return on equity of 14.39% and a net margin of 4.06%. The business’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.31 earnings per share.
Large investors have recently added to or reduced their stakes in the company. James Investment Research Inc. grew its holdings in shares of Tilly’s by 2.6% during the third quarter. James Investment Research Inc. now owns 161,080 shares of the specialty retailer’s stock worth $3,052,000 after purchasing an additional 4,055 shares during the last quarter. Bailard Inc. bought a new stake in shares of Tilly’s during the second quarter worth about $597,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Tilly’s during the third quarter worth about $138,000. Los Angeles Capital Management & Equity Research Inc. grew its holdings in shares of Tilly’s by 62.2% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 39,567 shares of the specialty retailer’s stock worth $599,000 after purchasing an additional 15,170 shares during the last quarter. Finally, EAM Investors LLC bought a new stake in shares of Tilly’s during the third quarter worth about $1,091,000. Institutional investors own 57.08% of the company’s stock.
In other news, Director Janet Kerr sold 7,500 shares of the business’s stock in a transaction dated Monday, September 24th. The stock was sold at an average price of $18.46, for a total transaction of $138,450.00. Following the sale, the director now directly owns 17,579 shares in the company, valued at $324,508.34. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Tilly Levine sold 1,982,178 shares of the business’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $18.50, for a total value of $36,670,293.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,393,521 shares of company stock worth $99,783,814. Company insiders own 48.26% of the company’s stock.
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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