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

Tilly’s (NYSE:TLYS) was downgraded by stock analysts at Pivotal Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday, MarketBeat.com reports. They presently have a $10.00 price objective on the specialty retailer’s stock, down from their previous price objective of $13.50. Pivotal Research’s target price would indicate a potential upside of 16.41% from the company’s previous close.

A number of other analysts have also recently commented on TLYS. Roth Capital reiterated a “buy” rating on shares of Tilly’s in a research report on Thursday, December 5th. Zacks Investment Research upgraded Tilly’s from a “sell” rating to a “buy” rating and set a $13.00 price objective for the company in a research report on Saturday, December 7th. B. Riley reiterated a “buy” rating and set a $15.00 price objective on shares of Tilly’s in a research report on Thursday, December 5th. ValuEngine upgraded Tilly’s from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd. Finally, TheStreet upgraded Tilly’s from a “c+” rating to a “b-” rating in a research report on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $12.67.

Shares of TLYS stock opened at $8.59 on Tuesday. Tilly’s has a fifty-two week low of $7.62 and a fifty-two week high of $13.10. The stock has a market cap of $263.54 million, a P/E ratio of 10.74, a P/E/G ratio of 1.21 and a beta of 0.63. The business has a fifty day simple moving average of $11.49 and a 200-day simple moving average of $9.80. The company has a quick ratio of 1.14, a current ratio of 1.69 and a debt-to-equity ratio of 1.29.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. Tilly’s had a return on equity of 14.54% and a net margin of 4.05%. The business had revenue of $154.80 million during the quarter, compared to analysts’ expectations of $154.19 million. During the same quarter last year, the business posted $0.20 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, sell-side analysts anticipate that Tilly’s will post 0.88 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of TLYS. Public Employees Retirement System of Ohio purchased a new stake in Tilly’s during the 2nd quarter worth about $29,000. Jacobs Levy Equity Management Inc. purchased a new stake in Tilly’s during the 2nd quarter worth about $115,000. Jefferies Group LLC purchased a new stake in Tilly’s during the 2nd quarter worth about $137,000. Connors Investor Services Inc. increased its position in Tilly’s by 46.2% during the 2nd quarter. Connors Investor Services Inc. now owns 19,000 shares of the specialty retailer’s stock worth $145,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Bailard Inc. purchased a new stake in Tilly’s during the 3rd quarter worth about $149,000. Hedge funds and other institutional investors own 66.37% of the company’s stock.

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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