Tilly's, Inc. operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods 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, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others, as well as hardgoods consists of skateboards, longboards, bikes, roller-skates, and equipment for snowboarding and surfing. The company also provides third-party merchandise assortment across its various product categories. As of March 14, 2022, it operated 241 stores. The company also sells its merchandise through its e-commerce website, tillys.com. Tilly's, Inc. was founded in 1982 and is headquartered in Irvine, California.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. StockNews.com downgraded Tilly's from a "buy" rating to a "hold" rating in a research note on Wednesday, June 8th. B. Riley dropped their target price on shares of Tilly's from $16.00 to $12.00 in a research report on Friday, June 3rd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $15.00.
Tilly's Stock Performance
Shares of Tilly's stock traded up $0.08 during mid-day trading on Friday, hitting $8.05. 2,318 shares of the stock were exchanged, compared to its average volume of 211,740. The company has a market capitalization of $241.82 million, a P/E ratio of 4.61 and a beta of 1.88. The company has a 50-day simple moving average of $7.62 and a 200 day simple moving average of $9.36. Tilly's has a 12 month low of $6.87 and a 12 month high of $17.80.
Tilly's (NYSE:TLYS - Get Rating) last posted its quarterly earnings results on Thursday, June 2nd. The specialty retailer reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The company had revenue of $145.78 million for the quarter, compared to analysts' expectations of $145.29 million. Tilly's had a net margin of 7.13% and a return on equity of 30.63%. During the same quarter in the previous year, the firm posted $0.36 EPS. Analysts predict that Tilly's will post 0.65 EPS for the current year.
Insider Buying and Selling
In related news, Director Janet Kerr sold 8,000 shares of Tilly's stock in a transaction that occurred on Wednesday, July 6th. The shares were sold at an average price of $7.18, for a total value of $57,440.00. Following the sale, the director now owns 34,414 shares of the company's stock, valued at approximately $247,092.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 26.71% of the stock is currently owned by insiders.