Tilly’s (NYSE:TLYS) announced its earnings results on Thursday. The specialty retailer reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02, Briefing.com reports. Tilly’s had a return on equity of 14.04% and a net margin of 4.06%. The business had revenue of $170.60 million during the quarter, compared to analysts’ expectations of $169.01 million. During the same quarter in the prior year, the firm earned $0.23 earnings per share. The business’s revenue was up 3.8% compared to the same quarter last year. Tilly’s updated its Q1 2019 guidance to $-0.01-0.03 EPS and its Q1 guidance to (0.01)-$0.03 EPS.
TLYS stock traded up $0.21 during midday trading on Friday, hitting $11.67. 33,573 shares of the company’s stock were exchanged, compared to its average volume of 374,925. The stock has a market cap of $346.10 million, a price-to-earnings ratio of 17.95, a price-to-earnings-growth ratio of 1.18 and a beta of 0.37. Tilly’s has a 1-year low of $10.19 and a 1-year high of $25.46.
The firm also recently announced a dividend, which was paid on Wednesday, February 27th. Shareholders of record on Friday, February 15th were paid a dividend of $1.00 per share. The ex-dividend date was Thursday, February 14th.
Several equities research analysts recently commented on the company. Pivotal Research raised Tilly’s from a “hold” rating to a “buy” rating and cut their price target for the company from $17.00 to $14.00 in a report on Thursday, December 6th. Zacks Investment Research raised Tilly’s from a “sell” rating to a “hold” rating in a report on Wednesday, January 30th. B. Riley cut their price target on Tilly’s from $26.00 to $25.00 and set a “buy” rating for the company in a report on Wednesday, November 21st. ValuEngine raised Tilly’s from a “sell” rating to a “hold” rating in a report on Tuesday, February 5th. Finally, Roth Capital set a $18.00 target price on Tilly’s and gave the stock a “buy” rating in a research note on Thursday, November 29th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $18.40.
In other Tilly’s news, insider Hezy Shaked sold 20,000 shares of the firm’s stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $10.68, for a total transaction of $213,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 48.26% of the stock is owned by company insiders.
A number of hedge funds have recently bought and sold shares of the business. Legal & General Group Plc boosted its position in shares of Tilly’s by 46.4% during the fourth quarter. Legal & General Group Plc now owns 3,169 shares of the specialty retailer’s stock worth $34,000 after buying an additional 1,004 shares during the period. Citigroup Inc. boosted its holdings in Tilly’s by 23.4% in the fourth quarter. Citigroup Inc. now owns 4,905 shares of the specialty retailer’s stock valued at $53,000 after purchasing an additional 929 shares during the period. Metropolitan Life Insurance Co. NY boosted its holdings in Tilly’s by 403.8% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,728 shares of the specialty retailer’s stock valued at $62,000 after purchasing an additional 4,591 shares during the period. NumerixS Investment Technologies Inc purchased a new position in Tilly’s in the fourth quarter valued at $73,000. Finally, American International Group Inc. boosted its holdings in Tilly’s by 40.5% in the fourth quarter. American International Group Inc. now owns 13,507 shares of the specialty retailer’s stock valued at $147,000 after purchasing an additional 3,895 shares during the period. 73.38% of the stock is owned by institutional investors.
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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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