J.Jill (JILL) Raised to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of J.Jill (NYSE:JILL) from a sell rating to a hold rating in a report issued on Thursday morning.

According to Zacks, “J.Jill, Inc. operates as a specialty retailer of womens apparel. The Company offers sweaters, tops, pants, dresses, shorts, skirts, sleepwear and accessories. It markets through retail stores, website and catalog. J.Jill, Inc. is headquartered in Quincy, Massachusetts. “

Other equities research analysts have also recently issued reports about the company. Jefferies Financial Group reaffirmed a buy rating and issued a $9.00 target price on shares of J.Jill in a report on Thursday, November 15th. ValuEngine cut J.Jill from a sell rating to a strong sell rating in a report on Monday, October 22nd. Macquarie reduced their target price on J.Jill from $7.00 to $6.00 and set a neutral rating on the stock in a report on Wednesday, August 22nd. Morgan Stanley reduced their target price on J.Jill from $8.00 to $7.50 and set an equal weight rating on the stock in a report on Wednesday, August 22nd. Finally, Cowen cut J.Jill from an outperform rating to a market perform rating in a report on Tuesday, August 21st. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. J.Jill currently has a consensus rating of Hold and an average target price of $7.25.

NYSE:JILL opened at $6.17 on Thursday. The company has a current ratio of 1.65, a quick ratio of 0.98 and a debt-to-equity ratio of 1.18. The stock has a market cap of $269.93 million, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 0.83 and a beta of 2.23. J.Jill has a 52 week low of $4.17 and a 52 week high of $9.62.

J.Jill (NYSE:JILL) last posted its quarterly earnings results on Wednesday, November 28th. The specialty retailer reported $0.15 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.06. The business had revenue of $174.10 million for the quarter, compared to analysts’ expectations of $165.64 million. J.Jill had a return on equity of 18.48% and a net margin of 7.98%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the firm earned $0.13 earnings per share. As a group, analysts predict that J.Jill will post 0.67 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its position in J.Jill by 44.0% in the second quarter. BlackRock Inc. now owns 985,440 shares of the specialty retailer’s stock worth $9,203,000 after acquiring an additional 301,323 shares in the last quarter. Dimensional Fund Advisors LP grew its position in J.Jill by 108.3% in the third quarter. Dimensional Fund Advisors LP now owns 757,178 shares of the specialty retailer’s stock worth $4,679,000 after acquiring an additional 393,668 shares in the last quarter. Prudential Financial Inc. grew its position in J.Jill by 1.5% in the third quarter. Prudential Financial Inc. now owns 651,499 shares of the specialty retailer’s stock worth $4,026,000 after acquiring an additional 9,837 shares in the last quarter. IndexIQ Advisors LLC grew its position in J.Jill by 3.9% in the third quarter. IndexIQ Advisors LLC now owns 514,309 shares of the specialty retailer’s stock worth $3,178,000 after acquiring an additional 19,426 shares in the last quarter. Finally, Panagora Asset Management Inc. grew its position in J.Jill by 9.1% in the third quarter. Panagora Asset Management Inc. now owns 484,627 shares of the specialty retailer’s stock worth $2,995,000 after acquiring an additional 40,271 shares in the last quarter. Institutional investors own 23.33% of the company’s stock.

J.Jill Company Profile

J.Jill, Inc operates as an Omni channel retailer women's apparel under the J.Jill brand name in the United States. The company offers knit and woven tops, bottoms, and dresses, as well as sweaters and outerwear; and complementary footwear and accessories, including scarves, jewelry, and hosiery for misses, petites, and women.

See Also: What is a Stop Order?

Get a free copy of the Zacks research report on J.Jill (JILL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for J.Jill (NYSE:JILL)

Receive News & Ratings for J.Jill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.Jill and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit