Tilly’s (TLYS) outpaces stock market gains: what you need to know
This story originally appeared on Zacks
Tilly’s (TLYS) closed at $13.52 last trading session, marking a +1.5% move from the previous day. That move topped the S&P 500’s 1.45% daily gain. Meanwhile, the Dow Jones gained 0.86% and the tech-heavy Nasdaq gained 0.44%.
As of today, shares of the clothing and accessories retailer had lost 7.95% over the past month. At the same time, the Retail-Wholesale sector lost 3.6%, while the S&P 500 lost 3.26%.
Wall Street will be looking for positivity from Tilly’s as its next earnings release date approaches. That should be March 10, 2022. On that day, Tilly’s is expected to report earnings of $0.41 per share, which would represent 41.38% year-over-year growth. Meanwhile, our latest consensus estimate calls for revenue of $203.62 million, up 14.44% from the prior year quarter.
Investors might also notice recent changes in analyst estimates for Tilly’s. These revisions generally reflect the latest short-term trading trends, which may change frequently. With this in mind, we can view positive estimate revisions as a sign of optimism about the company’s business prospects.
Research indicates that these revisions to estimates are directly correlated to near-term stock price dynamics. To benefit from this, we have developed the Zacks Rank, a proprietary model that takes into account these estimation changes and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive track record of outperformance verified by external audits, with #1 stocks generating an average annual return of +25% since 1988 Over the past month, the Zacks Consensus EPS estimate fell 5.65%. Tilly’s is currently a Zacks Rank #3 (Hold).
In terms of valuation, Tilly’s is currently trading at a forward P/E ratio of 8.04. This represents a discount to the average PER of its sector of 11.37.
The Retail – Clothing and Footwear industry is part of the Retail – Wholesale sector. This industry currently has a Zacks Industry Rank of 175, which places it in the bottom 32% of all 250+ industries.
The Zacks Industry Rankings are ranked from best to worst in terms of the average Zacks Ranking of individual companies in each of these industries. Our research shows that the top 50% of industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to track all of these stock movement metrics, and more, in future trading sessions.
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Tilly’s, Inc. (TLYS): Free Stock Analysis Report
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