Tilly’s (NYSE:TLYS) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of Tilly’s (NYSE:TLYSGet Rating) from a hold rating to a buy rating in a report released on Friday.

A number of other equities analysts also recently issued reports on the company. Seaport Res Ptn reaffirmed a buy rating on shares of Tilly’s in a research report on Tuesday, January 18th. Zacks Investment Research downgraded shares of Tilly’s from a hold rating to a strong sell rating in a report on Wednesday, March 16th. William Blair downgraded shares of Tilly’s from an outperform rating to a market perform rating in a report on Friday, March 11th. TheStreet downgraded shares of Tilly’s from a b rating to a c+ rating in a report on Wednesday, March 16th. Finally, B. Riley lowered their price objective on shares of Tilly’s from $21.00 to $16.00 in a research report on Friday, March 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus target price of $18.00.

NYSE TLYS opened at $9.09 on Friday. Tilly’s has a 1-year low of $8.76 and a 1-year high of $17.80. The business’s fifty day moving average price is $11.20 and its 200-day moving average price is $13.51. The stock has a market capitalization of $281.48 million, a price-to-earnings ratio of 4.41 and a beta of 2.02.

Tilly’s (NYSE:TLYSGet Rating) last issued its quarterly earnings data on Thursday, March 10th. The specialty retailer reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.03). Tilly’s had a net margin of 8.28% and a return on equity of 35.79%. During the same period in the previous year, the business posted $0.29 EPS. As a group, analysts expect that Tilly’s will post 1.07 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the business. First Quadrant L P CA acquired a new position in shares of Tilly’s in the third quarter worth about $32,000. Lazard Asset Management LLC bought a new position in Tilly’s during the fourth quarter valued at approximately $33,000. Citigroup Inc. raised its position in Tilly’s by 146.8% during the third quarter. Citigroup Inc. now owns 2,660 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 1,582 shares in the last quarter. UBS Group AG raised its position in shares of Tilly’s by 62.0% in the third quarter. UBS Group AG now owns 4,829 shares of the specialty retailer’s stock valued at $68,000 after purchasing an additional 1,848 shares during the period. Finally, BNP Paribas Arbitrage SA increased its position in Tilly’s by 33.2% during the third quarter. BNP Paribas Arbitrage SA now owns 5,877 shares of the specialty retailer’s stock worth $82,000 after acquiring an additional 1,465 shares during the period. 68.45% of the stock is currently owned by hedge funds and other institutional investors.

About Tilly’s (Get Rating)

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods 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, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.

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