J.Jill, Inc. (NYSE:JILL) Receives $39.33 Average Target Price from Brokerages

J.Jill, Inc. (NYSE:JILL) has received an average rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $39.33.

A number of analysts have commented on the stock. BTIG Research started coverage on shares of J.Jill in a research report on Wednesday, July 10th. They set a “buy” rating and a $44.00 price target on the stock. Lake Street Capital upped their target price on J.Jill from $38.00 to $44.00 and gave the company a “buy” rating in a report on Monday, June 10th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $38.00 target price on shares of J.Jill in a research report on Wednesday, September 4th. Jefferies Financial Group dropped their target price on J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, September 4th. Finally, TD Cowen decreased their price objective on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating for the company in a report on Thursday, September 5th.

J.Jill Trading Down 5.0 %

Shares of NYSE JILL opened at $24.22 on Friday. The stock’s 50 day moving average price is $34.56 and its two-hundred day moving average price is $31.46. J.Jill has a 52-week low of $23.06 and a 52-week high of $40.61. The stock has a market capitalization of $260.37 million, a P/E ratio of 7.23 and a beta of 0.61. The company has a quick ratio of 0.44, a current ratio of 0.89 and a debt-to-equity ratio of 0.76.

J.Jill (NYSE:JILL) last posted its quarterly earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.11. The company had revenue of $155.24 million for the quarter, compared to the consensus estimate of $155.13 million. J.Jill had a net margin of 6.70% and a return on equity of 90.61%. During the same period last year, the firm posted $1.10 EPS. On average, analysts anticipate that J.Jill will post 3.31 earnings per share for the current fiscal year.

J.Jill Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 18th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Wednesday, September 18th. J.Jill’s dividend payout ratio (DPR) is 8.36%.

Insider Buying and Selling

In other news, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $27.10, for a total transaction of $36,530.80. Following the completion of the transaction, the chief financial officer now directly owns 105,112 shares in the company, valued at approximately $2,848,535.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CEO Claire Spofford sold 13,490 shares of the company’s stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $35.87, for a total transaction of $483,886.30. Following the completion of the sale, the chief executive officer now owns 181,471 shares of the company’s stock, valued at $6,509,364.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $27.10, for a total transaction of $36,530.80. Following the sale, the chief financial officer now owns 105,112 shares in the company, valued at approximately $2,848,535.20. The disclosure for this sale can be found here. In the last three months, insiders sold 1,327,538 shares of company stock valued at $41,247,187. 6.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On J.Jill

Large investors have recently modified their holdings of the business. Marshall Wace LLP raised its position in J.Jill by 539.4% in the 2nd quarter. Marshall Wace LLP now owns 304,273 shares of the specialty retailer’s stock valued at $10,640,000 after buying an additional 256,687 shares during the last quarter. Divisadero Street Capital Management LP bought a new stake in shares of J.Jill in the second quarter valued at $7,120,000. Paradigm Capital Management Inc. NY grew its stake in shares of J.Jill by 109.3% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 346,856 shares of the specialty retailer’s stock worth $12,130,000 after acquiring an additional 181,116 shares during the period. Hillsdale Investment Management Inc. raised its stake in J.Jill by 2,143.3% in the 1st quarter. Hillsdale Investment Management Inc. now owns 134,600 shares of the specialty retailer’s stock valued at $4,303,000 after acquiring an additional 128,600 shares during the period. Finally, Ghisallo Capital Management LLC purchased a new stake in shares of J.Jill during the 2nd quarter valued at approximately $3,147,000. Institutional investors own 40.71% of the company’s stock.

About J.Jill

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers apparel, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.