Shares of J.Jill, Inc. (NYSE:JILL) shot up 5.7% during mid-day trading on Tuesday following a stronger than expected earnings report. The company traded as high as $6.60 and last traded at $6.45. 908,600 shares changed hands during mid-day trading, an increase of 105% from the average session volume of 442,212 shares. The stock had previously closed at $6.10.
The specialty retailer reported $0.13 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.04. The firm had revenue of $162.00 million during the quarter, compared to analyst estimates of $156.20 million. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year.
A number of brokerages recently commented on JILL. Zacks Investment Research lowered J.Jill from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Royal Bank Of Canada restated a “buy” rating and set a $16.00 target price on shares of J.Jill in a research report on Thursday, August 17th. Morgan Stanley lowered J.Jill from an “overweight” rating to an “equal weight” rating in a research report on Thursday, October 12th. Jefferies Group set a $13.00 target price on J.Jill and gave the stock a “buy” rating in a research report on Thursday, October 12th. Finally, SunTrust Banks lowered J.Jill from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $15.00.
The company has a quick ratio of 0.55, a current ratio of 1.29 and a debt-to-equity ratio of 1.70.
COPYRIGHT VIOLATION WARNING: This article was posted by Community Financial News and is the property of of Community Financial News. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://www.com-unik.info/2017/12/07/j-jill-jill-shares-up-5-7-following-strong-earnings.html.
J.Jill Company Profile
J.Jill, Inc (J.Jill) operates as a specialty retailer in the women’s apparel industry. J.Jill is a women’s apparel brand focused on customer in the 40-65 age segment. The Company operates an integrated omni-channel platform that is diversified across its retail stores, Website and catalogs.
What are top analysts saying about J.Jill Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for J.Jill Inc. and related companies.