Tilly's Inc (NASDAQ:TLYS) posted its quarterly earnings results on Wednesday. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.11. The company earned $152.10 million during the quarter, compared to the consensus estimate of $143 million. During the same period last year, the firm posted $0.16 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Tilly's updated its Q4 guidance to $0.15-0.20 EPS.

Tilly's (NASDAQ:TLYS) opened at 9.87 on Thursday. The stock has a market capitalization of $281.76 million and a PE ratio of 64.09. Tilly's has a 12-month low of $5.49 and a 12-month high of $10.88. The company’s 50-day moving average is $9.76 and its 200 day moving average is $7.71.

TLYS has been the subject of several research analyst reports. SunTrust Banks Inc. reaffirmed a “neutral” rating and issued a $8.00 price target (up from $6.50) on shares of Tilly's in a research note on Friday, August 26th. Piper Jaffray Cos. reaffirmed an “overweight” rating and issued a $12.00 price target (up from $10.00) on shares of Tilly's in a research note on Friday, August 26th. Zacks Investment Research downgraded shares of Tilly's from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 17th. Stifel Nicolaus reissued a “hold” rating on shares of Tilly's in a research report on Thursday, August 25th. Finally, Mizuho reissued a “neutral” rating and set a $7.00 target price (up from $6.50) on shares of Tilly's in a research report on Thursday, August 25th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $9.75.

In other news, major shareholder Tilly Levine sold 30,000 shares of the firm’s stock in a transaction dated Thursday, October 13th. The shares were sold at an average price of $9.42, for a total value of $282,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Hezy Shaked sold 15,000 shares of the firm’s stock in a transaction dated Thursday, September 22nd. The stock was sold at an average price of $9.44, for a total transaction of $141,600.00. The disclosure for this sale can be found here.

Several large investors have recently bought and sold shares of the company. Credit Suisse AG boosted its stake in Tilly's by 256.2% in the third quarter. Credit Suisse AG now owns 54,859 shares of the company’s stock valued at $515,000 after buying an additional 39,457 shares in the last quarter. Panagora Asset Management Inc. boosted its stake in Tilly's by 23.5% in the third quarter. Panagora Asset Management Inc. now owns 108,799 shares of the company’s stock valued at $1,022,000 after buying an additional 20,667 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its stake in Tilly's by 67.6% in the third quarter. D. E. Shaw & Co. Inc. now owns 68,396 shares of the company’s stock valued at $642,000 after buying an additional 27,578 shares in the last quarter. Two Sigma Advisers LP boosted its stake in Tilly's by 207.3% in the third quarter. Two Sigma Advisers LP now owns 101,398 shares of the company’s stock valued at $952,000 after buying an additional 68,400 shares in the last quarter. Finally, KCG Holdings Inc. bought a new stake in Tilly's during the third quarter valued at approximately $115,000.

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Tilly's Company Profile

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.

5 Day Chart for NASDAQ:TLYS

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