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

Tilly’s (NYSE:TLYS) was downgraded by Pivotal Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. They presently have a $10.00 target price on the specialty retailer’s stock, down from their previous target price of $13.50. Pivotal Research’s target price points to a potential upside of 16.41% from the stock’s current price.

A number of other equities analysts have also issued reports on TLYS. B. Riley reaffirmed a “buy” rating and issued a $15.00 target price on shares of Tilly’s in a research report on Thursday, December 5th. Roth Capital reaffirmed a “buy” rating on shares of Tilly’s in a research report on Thursday, December 5th. Zacks Investment Research raised Tilly’s from a “sell” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Saturday, December 7th. ValuEngine raised Tilly’s from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd. Finally, TheStreet raised Tilly’s from a “c+” rating to a “b-” rating in a research report on Wednesday, December 18th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Tilly’s currently has an average rating of “Buy” and an average price target of $12.67.

Tilly’s stock opened at $8.59 on Tuesday. The stock’s 50 day moving average price is $11.49 and its 200 day moving average price is $9.80. The firm has a market capitalization of $263.54 million, a PE ratio of 10.74, a price-to-earnings-growth ratio of 1.21 and a beta of 0.63. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.14 and a current ratio of 1.69. Tilly’s has a one year low of $7.62 and a one year high of $13.10.

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

Several institutional investors and hedge funds have recently made changes to their positions in TLYS. Public Employees Retirement System of Ohio bought a new stake in shares of Tilly’s in the 2nd quarter valued at approximately $29,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of Tilly’s in the 2nd quarter valued at approximately $115,000. Jefferies Group LLC bought a new stake in shares of Tilly’s in the 2nd quarter valued at approximately $137,000. Connors Investor Services Inc. increased its holdings in shares of Tilly’s by 46.2% in the 2nd quarter. Connors Investor Services Inc. now owns 19,000 shares of the specialty retailer’s stock valued at $145,000 after acquiring an additional 6,000 shares during the last quarter. Finally, Bailard Inc. bought a new stake in shares of Tilly’s in the 3rd quarter valued at approximately $149,000. 66.37% of the stock is currently owned by institutional investors.

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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