Wall Street Zen Upgrades Tilly's (NYSE:TLYS) to "Buy"

Key Points

• Wall Street Zen upgraded Tilly’s to “buy” from “hold,” although the broader analyst consensus remains “Reduce,” with a $5.50 target price.
• Tilly’s reported quarterly EPS of $0.27, beating estimates of $0.17, while revenue reached $163.51 million versus the $157 million consensus.
• Institutional ownership is substantial at 76.38%, with several hedge funds—including Shay Capital and Two Sigma—recently increasing their positions.

Tilly's (NYSE:TLYS - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

TLYS has been the topic of a number of other reports. Roth Capital reiterated a "neutral" rating and issued a $5.50 price objective on shares of Tilly's in a report on Monday, June 8th. Weiss Ratings restated a "sell (d-)" rating on shares of Tilly's in a research report on Monday, June 15th. Finally, Zacks Research lowered Tilly's from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus target price of $5.50.

Tilly's Trading Down 0.7%

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

Tilly's stock opened at $4.37 on Friday. The company has a 50-day moving average price of $3.99 and a 200 day moving average price of $3.86. Tilly's has a 12-month low of $1.14 and a 12-month high of $6.25. The stock has a market cap of $133.20 million, a P/E ratio of 72.83 and a beta of 0.13.

Tilly's (NYSE:TLYS - Get Free Report) last posted its earnings results on Wednesday, September 2nd. The specialty retailer reported $0.27 earnings per share 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 2.41%. The company 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 -0.05 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TLYS. Shay Capital LLC grew its stake in Tilly's by 40.4% during the 2nd quarter. Shay Capital LLC now owns 3,200,000 shares of the specialty retailer's stock worth $4,416,000 after purchasing an additional 921,000 shares in the last quarter. BML Capital Management LLC acquired a new stake in Tilly's in the 1st quarter valued at about $8,708,000. Renaissance Technologies LLC boosted its stake in shares of Tilly's by 12.6% in the 1st quarter. Renaissance Technologies LLC now owns 849,314 shares of the specialty retailer's stock valued at $3,440,000 after buying an additional 95,102 shares during the period. Pacific Ridge Capital Partners LLC boosted its stake in shares of Tilly's by 42.1% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 692,623 shares of the specialty retailer's stock valued at $1,378,000 after buying an additional 205,163 shares during the period. Finally, Two Sigma Investments LP grew its position in shares of Tilly's by 109.1% during the third quarter. Two Sigma Investments LP now owns 272,496 shares of the specialty retailer's stock worth $561,000 after buying an additional 142,165 shares in the last quarter. 76.38% of the stock is currently owned by hedge funds and other institutional investors.

Tilly's Company Profile

Tilly's, Inc is an American specialty retailer of casual apparel, footwear, accessories and hardgoods. Founded in 1982 by Hezy Shaked and Tilly Levine, the company has grown from a single denim and tops store in Garden Grove, California, to a nationwide retail chain. Headquartered in Irvine, California, Tilly's serves a youth-oriented market with an emphasis on surf, skate and streetwear brands.

The company's merchandise assortment includes products from leading lifestyle brands such as Vans, Nike, Billabong and Quiksilver, alongside its own private-label offerings.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.