In the latest trading session, Tilly's (TLYS - Free Report) closed at $16.18, marking a -1.4% move from the previous day. This change was narrower than the S&P 500's daily loss of 2.06%. At the same time, the Dow lost 2.13%, and the tech-heavy Nasdaq lost 1.25%.
Prior to today's trading, shares of the clothing and accessories retailer had lost 14.44% over the past month. This has lagged the Retail-Wholesale sector's loss of 9.65% and the S&P 500's loss of 3.01% 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.
Any recent changes to analyst estimates for TLYS should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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 remained stagnant. TLYS currently has a Zacks Rank of #1 (Strong Buy).
In terms of valuation, TLYS is currently trading at a Forward P/E ratio of 18.3. For comparison, its industry has an average Forward P/E of 15.81, which means TLYS is trading at a premium to the group.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 51, which puts it in the top 20% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.