Wall Street Zen Upgrades J.Jill (NYSE:JILL) to Buy

by · The Cerbat Gem

J.Jill (NYSE:JILL – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Other analysts have also recently issued reports about the stock. Zacks Research raised shares of J.Jill from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Telsey Advisory Group cut their target price on shares of J.Jill from $17.00 to $16.00 and set a “market perform” rating on the stock in a research note on Wednesday, December 10th. BTIG Research reduced their price target on shares of J.Jill from $26.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, December 10th. Jefferies Financial Group set a $18.00 price objective on J.Jill in a report on Wednesday, December 10th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.00.

View Our Latest Report on J.Jill

J.Jill Trading Down 1.6%

Shares of JILL opened at $14.98 on Friday. J.Jill has a one year low of $13.32 and a one year high of $28.94. The stock has a 50-day moving average price of $14.72 and a 200 day moving average price of $15.69. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 1.15. The company has a market capitalization of $226.42 million, a P/E ratio of 6.84 and a beta of 0.94.

J.Jill (NYSE:JILL – Get Free Report) last posted its quarterly earnings data on Wednesday, December 10th. The specialty retailer reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.18. The company had revenue of $150.53 million for the quarter, compared to the consensus estimate of $148.38 million. J.Jill had a return on equity of 36.33% and a net margin of 5.60%.During the same period in the previous year, the business earned $0.89 EPS. Sell-side analysts forecast that J.Jill will post 3.36 EPS for the current fiscal year.

Institutional Trading of J.Jill

Several hedge funds have recently made changes to their positions in JILL. BNP Paribas Financial Markets boosted its position in J.Jill by 83.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 673 shares during the period. Copeland Capital Management LLC bought a new stake in J.Jill in the second quarter valued at $56,000. Rhumbline Advisers boosted its holdings in shares of J.Jill by 11.7% during the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock valued at $154,000 after acquiring an additional 829 shares during the period. Occudo Quantitative Strategies LP bought a new position in shares of J.Jill during the third quarter worth about $201,000. Finally, Dynamic Technology Lab Private Ltd increased its holdings in shares of J.Jill by 40.0% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 11,210 shares of the specialty retailer’s stock worth $219,000 after acquiring an additional 3,205 shares during the period. Institutional investors own 40.71% of the company’s stock.

About J.Jill

(Get Free Report)

J.Jill is a women’s apparel retailer specializing in modern, versatile clothing and accessories. The company designs and markets a range of products that emphasize comfort and style, including knitwear, woven tops, pants, dresses, outerwear, jewelry, and footwear. Through its in-house design team, J.Jill focuses on creating seasonal collections that appeal to women seeking effortless, mix-and-match wardrobes.

Products are sold through a multi-channel distribution network comprising company-operated boutiques, e-commerce platforms, and catalog sales.

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