Tilly's (NYSE:TLYS) Trading Down 8.1% - Should You Sell?

Key Points

• Tilly's stock price declined by 8.1% to $1.81 after reaching a low of $1.75, with trading volume down 34% from its average.
• Analysts from B. Riley have lowered their price target for Tilly's from $2.50 to $2.00, maintaining a "neutral" rating on the stock.
• Tilly's reported a quarterly earnings loss of ($0.74) per share, falling short of analysts' expectations and showing negative margins and return on equity.

Tilly's, Inc. (NYSE:TLYS - Get Free Report)'s share price fell 8.1% during mid-day trading on Friday . The stock traded as low as $1.75 and last traded at $1.81. 344,221 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 524,333 shares. The stock had previously closed at $1.97.

Analyst Upgrades and Downgrades

Separately, B. Riley decreased their price target on shares of Tilly's from $2.50 to $2.00 and set a "neutral" rating on the stock in a research note on Thursday, June 5th.

Tilly's Stock Performance

The business has a 50-day simple moving average of $1.32 and a two-hundred day simple moving average of $2.33. The stock has a market cap of $54.60 million, a price-to-earnings ratio of -1.12 and a beta of 1.39.

Tilly's (NYSE:TLYS - Get Free Report) last released its quarterly earnings results on Wednesday, June 4th. The specialty retailer reported ($0.74) earnings per share for the quarter, missing analysts' consensus estimates of ($0.66) by ($0.08). Tilly's had a negative return on equity of 46.32% and a negative net margin of 8.69%. The firm had revenue of $107.61 million for the quarter, compared to analyst estimates of $108.20 million. On average, analysts expect that Tilly's, Inc. will post -1.08 earnings per share for the current fiscal year.

Insider Transactions at Tilly's

In other Tilly's news, major shareholder Shay Capital Llc purchased 59,935 shares of the business's stock in a transaction on Monday, June 30th. The stock was acquired at an average price of $1.45 per share, with a total value of $86,905.75. Following the acquisition, the insider directly owned 3,200,000 shares of the company's stock, valued at $4,640,000. This trade represents a 1.91% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Over the last three months, insiders acquired 608,541 shares of company stock worth $776,590. Company insiders own 2.83% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of Tilly's by 276.1% in the fourth quarter. JPMorgan Chase & Co. now owns 41,237 shares of the specialty retailer's stock worth $175,000 after purchasing an additional 30,273 shares during the period. SG Americas Securities LLC acquired a new stake in Tilly's in the first quarter valued at about $461,000. Long Focus Capital Management LLC boosted its stake in Tilly's by 1.4% in the fourth quarter. Long Focus Capital Management LLC now owns 2,181,931 shares of the specialty retailer's stock valued at $9,273,000 after buying an additional 30,000 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in Tilly's in the fourth quarter valued at about $2,184,000. Finally, Shay Capital LLC boosted its stake in Tilly's by 8.4% in the fourth quarter. Shay Capital LLC now owns 2,279,000 shares of the specialty retailer's stock valued at $9,686,000 after buying an additional 176,478 shares in the last quarter. Institutional investors own 76.38% of the company's stock.

Tilly's Company Profile

Tilly's, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.

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