Tilly's Inc (TLYS) is Reiterated by Mizuho to Neutral, Raises Price Target to $ 7

Tilly's Inc (TLYS) was Reiterated by Mizuho to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 7 from a previous price target of $6.50 . Mizuho advised their investors in a research report released on Aug 25, 2016.

On the company’s financial health, Tilly's Inc reported $0.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 24, 2016. Analyst had a consensus of $-0.03. The company had revenue of $136.41 million for the quarter, compared to analysts expectations of $132.62 million. The company’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS.

Tilly's Inc closed down -0.01 points or -0.15% at $6.61 with 91,031 shares getting traded on Tuesday. Post opening the session at $6.69, the shares hit an intraday low of $6.6 and an intraday high of $6.8 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Dec 14, 2015, Michael Henry (CFO) purchased 5,000 shares at $6.07 per share price. According to the SEC, on Mar 26, 2015, Jennifer Ehrhardt (CHIEF FINANCIAL OFFICER) sold 12,500 shares at $15.62 per share price. On Mar 23, 2015, Craig Demerit (VICE PRESIDENT, CIO & COO) sold 20,000 shares at $15.90 per share price, according to the Form-4 filing with the securities and exchange commission.

Tilly’s Inc. is a destination specialty retailer of action sports inspired apparel footwear and accessories. The Company operates a chain of specialty retail stores featuring casual clothing footwear and accessories for teens and young adults. The Company offers a range of third-party and merchandise. It offers merchandise across the guys’ and women’s categories with additional merchandise in the boys girls footwear and accessories categories. Its apparel merchandise includes branded fashion and styles for tops outerwear bottoms and dresses. Accessories merchandise includes backpacks hats sunglasses headphones handbags watches and jewelry among others. It supplements its third-party merchandise assortment with its own brands across a range of its apparel accessory and footwear product categories. Its branded merchandise includes Blue Crown Full Tilt RSQ and Infamous.

Tilly's Inc

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