Pivotal Research Thinks Tilly’s Inc’s Stock is Going to Recover


Pivotal Research analyst Mitch Kummetz reiterated a Buy rating on Tilly’s Inc (TLYS) today and set a price target of $14. The company’s shares closed on Friday at $11.43, close to its 52-week low of $9.40.

Kummetz observed:

“We’d be surprised if TLYS doesn’t at least achieve the high end of its 4Q18 SSS/EPS guidance. The company will also provide 1Q19 guidance, and, while we believe the quarter is off to a slow start, as California traffic has been negatively impacted by unfavorable weather, some of this weakness should be offset by robust e- commerce sales. That said, 1Q19 consensus SSS/EPS looks a little high. Lastly, TLYS is a cheap stock, the cheapest it’s been, relative to its peer group, in over three years.”

According to TipRanks.com, Kummetz is a 4-star analyst with an average return of 4.9% and a 62.5% success rate. Kummetz covers the Services sector, focusing on stocks such as Foot Locker Inc, Shoe Carnival, and Genesco Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tilly’s Inc with a $14 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $23.48 and a one-year low of $9.40. Currently, Tilly’s Inc has an average volume of 405.2K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Tilly’s, Inc. engages in the retail of casual apparel, footwear, and accessories. Its stores are located in malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.