B. Riley Has Lowered Expectations for Tilly’s (NYSE:TLYS) Stock Price

Tilly’s (NYSE:TLYS) had its target price reduced by equities research analysts at B. Riley from $6.00 to $5.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the specialty retailer’s stock. B. Riley’s price objective suggests a potential upside of 18.48% from the company’s current price. B. Riley also issued estimates for Tilly’s’ FY2028 earnings at $0.26 EPS.

Separately, StockNews.com raised shares of Tilly’s from a “sell” rating to a “hold” rating in a report on Friday, September 6th.

Tilly’s Price Performance

Tilly’s stock opened at $4.22 on Friday. Tilly’s has a one year low of $3.57 and a one year high of $7.93. The company’s fifty day moving average price is $4.25 and its two-hundred day moving average price is $4.92. The company has a market capitalization of $127.23 million, a price-to-earnings ratio of -2.38 and a beta of 1.60.

Institutional Trading of Tilly’s

Hedge funds have recently modified their holdings of the company. Rothschild Investment LLC bought a new stake in Tilly’s in the second quarter valued at about $39,000. Vanguard Group Inc. raised its holdings in shares of Tilly’s by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock worth $8,721,000 after buying an additional 8,547 shares in the last quarter. First Eagle Investment Management LLC lifted its position in shares of Tilly’s by 2.2% during the 2nd quarter. First Eagle Investment Management LLC now owns 438,157 shares of the specialty retailer’s stock worth $2,642,000 after buying an additional 9,500 shares during the period. Geode Capital Management LLC boosted its stake in Tilly’s by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock valued at $2,029,000 after buying an additional 10,258 shares in the last quarter. Finally, Barclays PLC grew its position in Tilly’s by 230.7% in the third quarter. Barclays PLC now owns 19,955 shares of the specialty retailer’s stock valued at $102,000 after acquiring an additional 13,921 shares during the period. Institutional investors own 76.38% of the company’s stock.

About Tilly’s

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, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.