Tilly’s (NYSE:TLYS) has been given a $18.00 price objective by analysts at B. Riley in a note issued to investors on Monday, TipRanks reports. The firm currently has a “buy” rating on the specialty retailer’s stock. B. Riley’s price target would indicate a potential upside of 64.53% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. ValuEngine upgraded shares of Tilly’s from a “sell” rating to a “hold” rating in a research report on Tuesday, March 19th. Finally, Pivotal Research reiterated a “buy” rating and issued a $14.00 price target on shares of Tilly’s in a research report on Monday, March 11th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. Tilly’s currently has an average rating of “Buy” and an average target price of $15.80.

TLYS stock traded down $0.13 during mid-day trading on Monday, hitting $10.94. 241,712 shares of the company were exchanged, compared to its average volume of 335,920. The company has a market capitalization of $326.60 million, a PE ratio of 13.68, a price-to-earnings-growth ratio of 1.18 and a beta of 0.37. Tilly’s has a 1-year low of $10.19 and a 1-year high of $25.46.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings data on Thursday, March 14th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The firm had revenue of $170.60 million during the quarter, compared to the consensus estimate of $169.01 million. Tilly’s had a net margin of 4.35% and a return on equity of 14.59%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the business posted $0.23 earnings per share. Research analysts forecast that Tilly’s will post 0.85 earnings per share for the current fiscal year.

In other news, CFO Michael Henry acquired 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were acquired at an average cost of $11.47 per share, with a total value of $28,675.00. Following the completion of the purchase, the chief financial officer now directly owns 16,790 shares of the company’s stock, valued at approximately $192,581.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jon Kubo sold 12,500 shares of Tilly’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $11.55, for a total transaction of $144,375.00. Following the completion of the transaction, the insider now directly owns 12,500 shares in the company, valued at $144,375. The disclosure for this sale can be found here. Company insiders own 48.26% of the company’s stock.

A number of large investors have recently made changes to their positions in TLYS. Divisar Capital Management LLC grew its stake in shares of Tilly’s by 270.9% during the fourth quarter. Divisar Capital Management LLC now owns 1,042,846 shares of the specialty retailer’s stock worth $11,325,000 after buying an additional 761,710 shares during the last quarter. BlackRock Inc. grew its stake in shares of Tilly’s by 66.0% during the fourth quarter. BlackRock Inc. now owns 1,533,326 shares of the specialty retailer’s stock worth $16,652,000 after buying an additional 609,429 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Tilly’s by 23,687.4% during the third quarter. JPMorgan Chase & Co. now owns 608,482 shares of the specialty retailer’s stock worth $11,530,000 after buying an additional 605,924 shares during the last quarter. Vanguard Group Inc grew its stake in shares of Tilly’s by 84.7% during the third quarter. Vanguard Group Inc now owns 1,095,583 shares of the specialty retailer’s stock worth $20,761,000 after buying an additional 502,560 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Tilly’s by 84.7% during the third quarter. Vanguard Group Inc. now owns 1,095,583 shares of the specialty retailer’s stock worth $20,761,000 after buying an additional 502,560 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors and hedge funds.

Tilly’s Company Profile

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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Analyst Recommendations for Tilly`s (NYSE:TLYS)

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