In the latest trading session, Tilly's (TLYS) closed at $17.57, marking a +1.09% move from the previous day. This change outpaced the S&P 500's 0.03% loss on the day. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.04%.
Coming into today, shares of the clothing and accessories retailer had lost 4.35% in the past month. In that same time, the Retail-Wholesale sector lost 7.72%, while the S&P 500 lost 3.08%.
TLYS will be looking to display strength as it nears its next earnings release, which 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%. Our most recent consensus estimate is calling for quarterly revenue 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 should also note any recent changes to analyst estimates for TLYS. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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. Within the past 30 days, our consensus EPS projection remained stagnant. TLYS is currently a Zacks Rank #1 (Strong Buy).
Valuation is also important, so investors should note that TLYS has a Forward P/E ratio of 19.38 right now. This valuation marks a premium compared to its industry's average Forward P/E of 16.54.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 51, putting 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.
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