Analysts forecast that Tilly’s Inc (NYSE:TLYS) will announce sales of $155.74 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Tilly’s’ earnings, with the lowest sales estimate coming in at $153.95 million and the highest estimate coming in at $157.50 million. Tilly’s reported sales of $157.41 million during the same quarter last year, which indicates a negative year-over-year growth rate of 1.1%. The business is expected to announce its next quarterly earnings report on Wednesday, September 4th.

According to Zacks, analysts expect that Tilly’s will report full year sales of $617.54 million for the current fiscal year, with estimates ranging from $615.96 million to $618.66 million. For the next year, analysts anticipate that the firm will post sales of $651.19 million, with estimates ranging from $643.68 million to $657.79 million. Zacks’ sales calculations are an average based on a survey of research analysts that follow Tilly’s.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Wednesday, May 29th. The specialty retailer reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. The firm had revenue of $460.30 million for the quarter, compared to analyst estimates of $128.84 million. Tilly’s had a return on equity of 14.25% and a net margin of 4.21%. Tilly’s’s quarterly revenue was up 272.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.04 earnings per share.

A number of brokerages have commented on TLYS. TheStreet downgraded Tilly’s from a “b-” rating to a “c+” rating in a research note on Tuesday, June 25th. B. Riley set a $14.00 target price on Tilly’s and gave the company a “buy” rating in a research note on Thursday, May 30th. Zacks Investment Research downgraded TransEnterix from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, ValuEngine downgraded Willdan Group from a “buy” rating to a “hold” rating in a research note on Thursday, May 30th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $15.00.

In other news, Director Janet Kerr sold 3,268 shares of the company’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $7.84, for a total transaction of $25,621.12. Following the completion of the sale, the director now owns 20,375 shares in the company, valued at approximately $159,740. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Michael Henry purchased 12,795 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were bought at an average price of $7.89 per share, with a total value of $100,952.55. Following the purchase, the chief financial officer now owns 34,290 shares in the company, valued at approximately $270,548.10. The disclosure for this purchase can be found here. Insiders own 48.26% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TLYS. Divisar Capital Management LLC boosted its stake in shares of Tilly’s by 270.9% during the 4th quarter. Divisar Capital Management LLC now owns 1,042,846 shares of the specialty retailer’s stock worth $11,325,000 after acquiring an additional 761,710 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Tilly’s by 66.0% during the 4th quarter. BlackRock Inc. now owns 1,533,326 shares of the specialty retailer’s stock worth $16,652,000 after acquiring an additional 609,429 shares in the last quarter. Kennedy Capital Management Inc. bought a new stake in shares of Tilly’s during the 1st quarter worth about $4,462,000. RK Capital Management LLC bought a new stake in shares of Tilly’s during the 4th quarter worth about $3,674,000. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Tilly’s by 60.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 579,603 shares of the specialty retailer’s stock worth $6,451,000 after acquiring an additional 217,871 shares in the last quarter. Institutional investors own 72.57% of the company’s stock.

NYSE TLYS traded up $0.15 on Friday, reaching $8.14. The stock had a trading volume of 166,181 shares, compared to its average volume of 319,978. The firm has a 50 day simple moving average of $8.23. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.65 and a quick ratio of 1.11. Tilly’s has a 1 year low of $7.63 and a 1 year high of $25.46. The company has a market capitalization of $235.88 million, a P/E ratio of 10.18, a price-to-earnings-growth ratio of 0.98 and a beta of 0.71.

About Tilly’s

Tilly's, Inc retails casual apparel, footwear, and accessories 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, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

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Earnings History and Estimates for Tilly`s (NYSE:TLYS)

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