Zacks: Brokerages Expect Tilly’s Inc (TLYS) to Post $0.26 EPS

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Brokerages forecast that Tilly’s Inc (NYSE:TLYS) will announce earnings per share (EPS) of $0.26 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Tilly’s’ earnings, with the lowest EPS estimate coming in at $0.23 and the highest estimate coming in at $0.29. Tilly’s posted earnings of $0.24 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 8.3%. The business is scheduled to announce its next quarterly earnings report on Monday, March 11th.

According to Zacks, analysts expect that Tilly’s will report full year earnings of $0.82 per share for the current year, with EPS estimates ranging from $0.77 to $0.93. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.93 per share, with EPS estimates ranging from $0.84 to $1.05. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Tilly’s.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Wednesday, November 28th. The specialty retailer reported $0.24 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.01. The company had revenue of $146.80 million for the quarter, compared to the consensus estimate of $148.74 million. Tilly’s had a return on equity of 14.39% and a net margin of 4.06%. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.31 EPS.

A number of research analysts have recently weighed in on the company. Pivotal Research set a $17.00 price target on Tilly’s and gave the company a “hold” rating in a research note on Tuesday, November 27th. B. Riley cut their price target on Tilly’s from $25.00 to $21.00 and set a “buy” rating on the stock in a research note on Thursday, November 29th. Zacks Investment Research raised Tilly’s from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Saturday, September 1st. William Blair raised Tilly’s from a “market perform” rating to an “outperform” rating in a research note on Thursday, August 30th. Finally, ValuEngine downgraded Tilly’s from a “hold” rating to a “sell” rating in a research note on Friday, November 30th. Two investment analysts have rated the stock with a sell rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $18.40.

Shares of TLYS stock traded up $0.24 during trading hours on Friday, reaching $11.47. The company had a trading volume of 797,681 shares, compared to its average volume of 872,580. The company has a market cap of $336.16 million, a P/E ratio of 17.65, a price-to-earnings-growth ratio of 1.24 and a beta of 0.13. Tilly’s has a 1-year low of $10.72 and a 1-year high of $25.46.

In related news, Director Janet Kerr sold 7,500 shares of the firm’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $18.46, for a total transaction of $138,450.00. Following the sale, the director now owns 17,579 shares of the company’s stock, valued at approximately $324,508.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hezy Shaked sold 2,879,049 shares of the firm’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $18.50, for a total value of $53,262,406.50. The disclosure for this sale can be found here. Insiders have sold a total of 5,393,521 shares of company stock worth $99,783,814 in the last ninety days. 48.26% of the stock is currently owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Globeflex Capital L P increased its holdings in Tilly’s by 7.2% during the 3rd quarter. Globeflex Capital L P now owns 45,667 shares of the specialty retailer’s stock worth $865,000 after purchasing an additional 3,076 shares in the last quarter. Man Group plc increased its holdings in Tilly’s by 12.7% during the 3rd quarter. Man Group plc now owns 27,600 shares of the specialty retailer’s stock worth $523,000 after purchasing an additional 3,100 shares in the last quarter. Emerald Mutual Fund Advisers Trust increased its holdings in Tilly’s by 0.5% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 647,110 shares of the specialty retailer’s stock worth $12,263,000 after purchasing an additional 3,200 shares in the last quarter. James Investment Research Inc. increased its holdings in Tilly’s by 2.6% during the 3rd quarter. James Investment Research Inc. now owns 161,080 shares of the specialty retailer’s stock worth $3,052,000 after purchasing an additional 4,055 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd increased its holdings in Tilly’s by 33.7% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 23,145 shares of the specialty retailer’s stock worth $438,000 after purchasing an additional 5,838 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

About Tilly’s

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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Earnings History and Estimates for Tilly`s (NYSE:TLYS)

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