In the latest trading session, Tilly's (TLYS - Free Report) closed at $19.73, marking a +1.08% move from the previous day. This change outpaced the S&P 500's 0.37% gain on the day. Meanwhile, the Dow gained 0.44%, and the Nasdaq, a tech-heavy index, added 0.61%.
Prior to today's trading, shares of the clothing and accessories retailer had gained 14.31% over the past month. This has outpaced the Retail-Wholesale sector's gain of 1.78% and the S&P 500's gain of 1.82% in that time.
TLYS will be looking to display strength as it nears its next earnings release, which is expected to be December 5, 2018. In that report, analysts expect TLYS to post earnings of $0.23 per share. This would mark a year-over-year decline of 23.33%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $149.55 million, down 2.14% from the year-ago period.
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. Recent revisions tend to reflect the latest near-term business trends. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 10.7% higher within the past month. TLYS is currently a Zacks Rank #1 (Strong Buy).
Looking at its valuation, TLYS is holding a Forward P/E ratio of 21.74. This represents a premium compared to its industry's average Forward P/E of 18.02.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 52, which puts it in the top 20% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.