Tilly's (NYSE:TLYS) Rating Lowered to "Hold" at Zacks Research

Key Points

• Zacks Research downgraded Tilly’s from “strong buy” to “hold.” The stock has an average analyst rating of “Hold” and an average price target of $5.50.
• Tilly’s reported quarterly EPS of $0.27, beating the $0.17 consensus estimate, while revenue of $163.51 million exceeded expectations of $157 million.
• Insider selling has increased: insiders sold 2.26 million shares worth about $10.1 million over the past 90 days, while institutional investors own 76.38% of the company.

Tilly's (NYSE:TLYS - Get Free Report) was downgraded by equities research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Tuesday, Zacks reports.

Other equities analysts have also issued reports about the stock. Roth Capital restated a "neutral" rating and issued a $5.50 price objective on shares of Tilly's in a report on Monday, June 8th. Weiss Ratings upgraded shares of Tilly's from a "sell (d-)" rating to a "hold (c-)" rating in a report on Wednesday, September 9th. Finally, Wall Street Zen raised Tilly's from a "hold" rating to a "buy" rating in a research report on Saturday, September 5th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Tilly's currently has an average rating of "Hold" and an average price target of $5.50.

Tilly's Trading Up 0.0%

• Betting On Tilly’s Inc NYSE: TLYS 12% Yield

Tilly's stock opened at $4.42 on Tuesday. The company has a 50-day moving average price of $4.17 and a 200 day moving average price of $4.29. The stock has a market cap of $135.24 million, a P/E ratio of 73.68 and a beta of 0.06. Tilly's has a 12-month low of $1.14 and a 12-month high of $6.25.

Tilly's (NYSE:TLYS - Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $0.27 EPS for the quarter, beating the consensus estimate of $0.17 by $0.10. Tilly's had a net margin of 0.34% and a return on equity of 2.37%. The firm had revenue of $163.51 million for the quarter, compared to analyst estimates of $157.00 million. Tilly's has set its Q3 2026 guidance at 0.070-0.120 EPS. As a group, analysts forecast that Tilly's will post 0.2 EPS for the current year.

Insider Transactions at Tilly's

In other Tilly's news, major shareholder Fund 1 Investments, Llc sold 179,970 shares of the business's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $4.17, for a total transaction of $750,474.90. Following the sale, the insider directly owned 5,801,933 shares in the company, valued at $24,194,060.61. This represents a 3.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 2,256,335 shares of company stock worth $10,073,354 in the last 90 days. 26.43% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Engineers Gate Manager LP purchased a new stake in Tilly's during the 2nd quarter worth approximately $123,000. NewEdge Advisors LLC purchased a new position in Tilly's in the 2nd quarter valued at approximately $114,000. Squarepoint Ops LLC boosted its position in Tilly's by 155.5% in the 2nd quarter. Squarepoint Ops LLC now owns 134,956 shares of the specialty retailer's stock valued at $567,000 after buying an additional 82,143 shares during the period. Bank of America Corp DE grew its stake in shares of Tilly's by 128.3% in the first quarter. Bank of America Corp DE now owns 11,732 shares of the specialty retailer's stock worth $48,000 after acquiring an additional 6,593 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Tilly's by 12.6% in the first quarter. Renaissance Technologies LLC now owns 849,314 shares of the specialty retailer's stock worth $3,440,000 after acquiring an additional 95,102 shares in the last quarter. Hedge funds and other institutional investors own 76.38% of the company's stock.

About Tilly's

Tilly's, Inc is a specialty retailer focused on casual apparel, footwear and accessories for teens and young adults. The company offers clothing and related products associated with action sports, surf, skate, snow, streetwear and contemporary fashion.

Tilly's merchandise includes products from a broad range of branded and emerging apparel, footwear and accessory manufacturers, along with merchandise sold under the company's proprietary brands. Its assortment is designed to appeal to customers seeking casual, fashion-oriented and active lifestyles.

Founded in 1982 by Hezy Shaked and Tilly Levine, Tilly's is headquartered in Irvine, California.

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