J.Jill (NYSE:JILL) Given “Buy” Rating at BTIG Research

J.Jill (NYSE:JILL)‘s stock had its “buy” rating restated by investment analysts at BTIG Research in a report released on Wednesday,Benzinga reports. They currently have a $18.00 price objective on the specialty retailer’s stock. BTIG Research’s target price suggests a potential upside of 36.16% from the stock’s current price.

A number of other analysts have also commented on the company. Wall Street Zen lowered J.Jill from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Zacks Research raised J.Jill from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a research note on Tuesday, April 21st. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $16.00 price objective on shares of J.Jill in a research note on Tuesday, March 31st. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $17.25.

J.Jill Price Performance

J.Jill stock traded down $0.02 during trading hours on Wednesday, hitting $13.22. The stock had a trading volume of 103,301 shares, compared to its average volume of 73,938. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.08 and a quick ratio of 0.54. The stock has a market capitalization of $197.11 million, a price-to-earnings ratio of 7.26 and a beta of 0.92. J.Jill has a 1-year low of $10.40 and a 1-year high of $18.80. The stock’s fifty day moving average is $12.49 and its two-hundred day moving average is $14.54.

J.Jill (NYSE:JILL) last posted its quarterly earnings data on Wednesday, June 10th. The specialty retailer reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $144.43 million for the quarter, compared to analyst estimates of $144.30 million. J.Jill had a return on equity of 30.77% and a net margin of 4.68%. As a group, analysts predict that J.Jill will post 2 earnings per share for the current fiscal year.

Hedge Funds Weigh In On J.Jill

A number of large investors have recently modified their holdings of JILL. Royce & Associates LP raised its holdings in J.Jill by 8.3% in the fourth quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer’s stock valued at $17,884,000 after buying an additional 99,390 shares during the period. Paradigm Capital Management Inc. NY raised its holdings in J.Jill by 13.5% in the second quarter. Paradigm Capital Management Inc. NY now owns 1,057,300 shares of the specialty retailer’s stock valued at $15,479,000 after buying an additional 125,838 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of J.Jill by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock valued at $3,208,000 after acquiring an additional 8,172 shares during the period. Invenomic Capital Management LP raised its stake in shares of J.Jill by 1.6% in the 4th quarter. Invenomic Capital Management LP now owns 203,227 shares of the specialty retailer’s stock valued at $2,788,000 after acquiring an additional 3,161 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of J.Jill by 2.7% in the 4th quarter. Franklin Resources Inc. now owns 195,379 shares of the specialty retailer’s stock valued at $2,681,000 after acquiring an additional 5,129 shares during the period. 40.71% of the stock is currently owned by hedge funds and other institutional investors.

J.Jill Company Profile

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.