Tilly’s (NYSE:TLYS) Rating Lowered to Hold at Zacks Research

Tilly’s (NYSE:TLYS) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Tilly’s in a research report on Monday, June 15th. Wall Street Zen upgraded shares of Tilly’s to a “hold” rating in a research note on Saturday, April 25th. Finally, Roth Capital reaffirmed a “neutral” rating and set a $5.50 price target on shares of Tilly’s in a report on Monday, June 8th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $5.50.

Tilly’s Price Performance

Shares of TLYS opened at $4.20 on Tuesday. The company has a 50-day simple moving average of $4.33 and a two-hundred day simple moving average of $3.50. The firm has a market capitalization of $128.02 million, a PE ratio of -38.18 and a beta of 0.13. Tilly’s has a one year low of $1.14 and a one year high of $5.90.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.33) by $0.07. Tilly’s had a negative net margin of 0.57% and a negative return on equity of 3.98%. The company had revenue of $124.72 million during the quarter, compared to analyst estimates of $121.30 million. Tilly’s has set its Q2 2026 guidance at 0.130-0.200 EPS. Analysts expect that Tilly’s will post -0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Tilly’s

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its holdings in Tilly’s by 128.3% during the 1st quarter. Bank of America Corp DE now owns 11,732 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 6,593 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Tilly’s by 12.6% during the 1st quarter. Renaissance Technologies LLC now owns 849,314 shares of the specialty retailer’s stock valued at $3,440,000 after purchasing an additional 95,102 shares during the last quarter. Aristides Capital LLC grew its position in Tilly’s by 25.9% in the 1st quarter. Aristides Capital LLC now owns 201,873 shares of the specialty retailer’s stock valued at $818,000 after acquiring an additional 41,500 shares during the last quarter. BML Capital Management LLC bought a new stake in shares of Tilly’s during the first quarter valued at approximately $8,708,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in Tilly’s in the first quarter worth about $94,000. 76.38% of the stock is owned by hedge funds and other institutional investors.

Tilly’s Company Profile

Tilly’s, Inc is an American specialty retailer of casual apparel, footwear, accessories and hardgoods. Founded in 1982 by Hezy Shaked and Tilly Levine, the company has grown from a single denim and tops store in Garden Grove, California, to a nationwide retail chain. Headquartered in Irvine, California, Tilly’s serves a youth-oriented market with an emphasis on surf, skate and streetwear brands.

The company’s merchandise assortment includes products from leading lifestyle brands such as Vans, Nike, Billabong and Quiksilver, alongside its own private-label offerings.