William Blair Comments on Tilly's Inc’s Q1 2019 Earnings (TLYS)

Tilly's Inc (NYSE:TLYS) – William Blair issued their Q1 2019 earnings per share (EPS) estimates for shares of Tilly's in a report issued on Wednesday. William Blair analyst S. Zackfia expects that the specialty retailer will post earnings of $0.03 per share for the quarter. William Blair also issued estimates for Tilly's’ FY2019 earnings at $0.66 EPS.

TLYS has been the topic of several other reports. Zacks Investment Research cut Tilly's from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Roth Capital set a $16.00 target price on Tilly's and gave the company a “buy” rating in a report on Friday, November 17th. BidaskClub cut Tilly's from a “hold” rating to a “sell” rating in a report on Monday, August 14th. ValuEngine cut Tilly's from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, B. Riley set a $15.00 target price on Tilly's and gave the company a “buy” rating in a report on Tuesday, November 28th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $15.00.

Shares of Tilly's (NYSE TLYS) traded down $0.03 during mid-day trading on Monday, reaching $15.57. The company had a trading volume of 166,575 shares, compared to its average volume of 198,958. Tilly's has a 1-year low of $8.02 and a 1-year high of $16.57. The company has a market capitalization of $446.17, a PE ratio of 24.97 and a beta of -0.42.

Tilly's (NYSE:TLYS) last announced its earnings results on Wednesday, November 29th. The specialty retailer reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.09. Tilly's had a return on equity of 10.23% and a net margin of 2.50%. The business had revenue of $152.80 million for the quarter, compared to analysts’ expectations of $151.44 million. During the same period in the prior year, the business posted $0.22 earnings per share. The firm’s revenue was up .5% on a year-over-year basis.

Several large investors have recently modified their holdings of the company. Rhumbline Advisers raised its position in shares of Tilly's by 4.2% during the second quarter. Rhumbline Advisers now owns 14,358 shares of the specialty retailer’s stock worth $146,000 after purchasing an additional 580 shares during the period. Parametric Portfolio Associates LLC raised its position in shares of Tilly's by 1.9% during the second quarter. Parametric Portfolio Associates LLC now owns 41,820 shares of the specialty retailer’s stock worth $424,000 after purchasing an additional 797 shares during the period. Russell Investments Group Ltd. raised its position in shares of Tilly's by 2.3% during the second quarter. Russell Investments Group Ltd. now owns 46,735 shares of the specialty retailer’s stock worth $475,000 after purchasing an additional 1,048 shares during the period. Bank of New York Mellon Corp raised its position in shares of Tilly's by 3.5% during the second quarter. Bank of New York Mellon Corp now owns 48,839 shares of the specialty retailer’s stock worth $496,000 after purchasing an additional 1,644 shares during the period. Finally, Susquehanna International Group LLP raised its position in shares of Tilly's by 8.8% during the second quarter. Susquehanna International Group LLP now owns 40,458 shares of the specialty retailer’s stock worth $411,000 after purchasing an additional 3,258 shares during the period. 43.55% of the stock is currently owned by institutional investors.

In other Tilly's news, major shareholder Tilly Levine sold 20,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $13.18, for a total transaction of $263,600.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Hezy Shaked sold 30,000 shares of the stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $11.53, for a total value of $345,900.00. The disclosure for this sale can be found here. Insiders have sold a total of 550,000 shares of company stock worth $6,460,833 over the last 90 days. Company insiders own 50.12% of the company’s stock.

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About Tilly's

Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.

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