BidaskClub downgraded shares of Tilly’s, Inc. (NYSE:TLYS) from a hold rating to a sell rating in a report released on Monday morning.

A number of other brokerages have also recently commented on TLYS. Roth Capital set a $12.00 target price on shares of Tilly’s and gave the company a buy rating in a research report on Wednesday, May 24th. ValuEngine upgraded shares of Tilly’s from a hold rating to a buy rating in a research report on Thursday, May 25th. B. Riley upgraded shares of Tilly’s from a neutral rating to a buy rating and increased their target price for the company from $10.00 to $12.00 in a research report on Wednesday, May 24th. Zacks Investment Research upgraded shares of Tilly’s from a hold rating to a buy rating and set a $11.00 target price for the company in a research report on Wednesday, June 28th. Finally, TheStreet upgraded shares of Tilly’s from a c+ rating to a b- rating in a research report on Tuesday, June 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $10.86.

Tilly’s (NYSE TLYS) opened at 8.75 on Monday. Tilly’s has a 52 week low of $6.40 and a 52 week high of $15.29. The firm has a 50 day moving average of $9.95 and a 200-day moving average of $10.02. The stock has a market capitalization of $251.89 million, a PE ratio of 17.93 and a beta of -0.43.

Tilly’s (NYSE:TLYS) last issued its earnings results on Tuesday, May 23rd. The specialty retailer reported ($0.01) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.09. The business had revenue of $120.90 million during the quarter, compared to analysts’ expectations of $114.35 million. Tilly’s had a net margin of 2.46% and a return on equity of 7.86%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.06) earnings per share. On average, equities analysts predict that Tilly’s will post $0.44 EPS for the current year.

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In related news, major shareholder Tilly Levine sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, June 7th. The shares were sold at an average price of $10.23, for a total transaction of $204,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Hezy Shaked sold 30,000 shares of the stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $10.62, for a total transaction of $318,600.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 110,600 shares of company stock valued at $1,099,006. 53.41% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers raised its position in shares of Tilly’s by 4.2% in the second quarter. Rhumbline Advisers now owns 14,358 shares of the specialty retailer’s stock valued at $146,000 after buying an additional 580 shares during the period. Parametric Portfolio Associates LLC raised its position in shares of Tilly’s by 1.9% in the second quarter. Parametric Portfolio Associates LLC now owns 41,820 shares of the specialty retailer’s stock valued at $424,000 after buying an additional 797 shares during the period. Russell Investments Group Ltd. raised its position in shares of Tilly’s by 2.3% in the second quarter. Russell Investments Group Ltd. now owns 46,735 shares of the specialty retailer’s stock valued at $475,000 after buying an additional 1,048 shares during the period. Dynamic Technology Lab Private Ltd raised its position in shares of Tilly’s by 2.7% in the first quarter. Dynamic Technology Lab Private Ltd now owns 47,790 shares of the specialty retailer’s stock valued at $431,000 after buying an additional 1,274 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Tilly’s by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 48,839 shares of the specialty retailer’s stock valued at $496,000 after buying an additional 1,644 shares during the period. 39.56% of the stock is owned by institutional investors.

Tilly’s Company Profile

Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.

Analyst Recommendations for Tilly`s (NYSE:TLYS)

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