Tilly's (TLYS) Gains As Market Dips: What You Should Know

TLYS

Tilly's (TLYS - Free Report) closed at $18.71 in the latest trading session, marking a +1.35% move from the prior day. This change outpaced the S&P 500's 0.33% loss on the day. Elsewhere, the Dow lost 0.4%, while the tech-heavy Nasdaq lost 0.21%.

Prior to today's trading, shares of the clothing and accessories retailer had gained 3.82% over the past month. This has outpaced the Retail-Wholesale sector's gain of 0.76% and the S&P 500's gain of 1.6% in that time.

Wall Street will be looking for positivity from TLYS as it approaches its next earnings report date. This is expected to be December 5, 2018. On that day, TLYS is projected to report earnings of $0.23 per share, which would represent a year-over-year decline of 23.33%. Meanwhile, our latest consensus estimate is calling for revenue of $149.55 million, down 2.14% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.90 per share and revenue of $601.90 million, which would represent changes of +38.46% and +4.33%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for TLYS. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.7% higher. TLYS is currently sporting a Zacks Rank of #1 (Strong Buy).

Valuation is also important, so investors should note that TLYS has a Forward P/E ratio of 20.6 right now. This valuation marks a premium compared to its industry's average Forward P/E of 16.76.

The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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