Tilly's (TLYS) Trading Down 5.6%

Shares of Tilly's Inc (NYSE:TLYS) fell 5.6% during trading on Tuesday . The stock traded as low as $15.35 and last traded at $15.48. 522,900 shares were traded during mid-day trading, an increase of 163% from the average session volume of 198,999 shares. The stock had previously closed at $16.40.

Several research firms recently commented on TLYS. B. Riley restated a “buy” rating and issued a $13.00 target price on shares of Tilly's in a research report on Tuesday, August 29th. Roth Capital set a $17.00 price target on Tilly's and gave the company a “buy” rating in a research note on Friday, December 1st. ValuEngine raised Tilly's from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. Zacks Investment Research raised Tilly's from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Tuesday. Finally, BidaskClub raised Tilly's from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $15.00.

The company has a market cap of $449.62, a PE ratio of 25.16 and a beta of -0.42.

Tilly's (NYSE:TLYS) last issued its earnings results on Wednesday, November 29th. The specialty retailer reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.09. The business had revenue of $152.80 million during the quarter, compared to analysts’ expectations of $151.44 million. Tilly's had a return on equity of 10.23% and a net margin of 2.50%. Tilly's’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 earnings per share. research analysts predict that Tilly's Inc will post 0.65 EPS for the current fiscal year.

In related news, insider Hezy Shaked sold 10,000 shares of the stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $11.72, for a total transaction of $117,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Debbie Anker-Morris sold 10,784 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $16.00, for a total value of $172,544.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 572,189 shares of company stock valued at $6,812,549. 50.12% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Paradigm Capital Management Inc. NY raised its holdings in Tilly's by 36.5% during the third quarter. Paradigm Capital Management Inc. NY now owns 1,271,300 shares of the specialty retailer’s stock valued at $15,243,000 after buying an additional 339,700 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Tilly's by 7.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,159,994 shares of the specialty retailer’s stock valued at $11,774,000 after buying an additional 81,276 shares in the last quarter. Divisar Capital Management LLC raised its holdings in Tilly's by 32.7% during the second quarter. Divisar Capital Management LLC now owns 727,525 shares of the specialty retailer’s stock valued at $7,384,000 after buying an additional 179,460 shares in the last quarter. Emerald Advisers Inc. PA raised its holdings in Tilly's by 10.9% during the third quarter. Emerald Advisers Inc. PA now owns 667,012 shares of the specialty retailer’s stock valued at $7,997,000 after buying an additional 65,604 shares in the last quarter. Finally, TIAA CREF Investment Management LLC raised its holdings in Tilly's by 70.3% during the second quarter. TIAA CREF Investment Management LLC now owns 332,322 shares of the specialty retailer’s stock valued at $3,373,000 after buying an additional 137,209 shares in the last quarter. Institutional investors own 43.55% of the company’s stock.

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About Tilly's

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.

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