J.Jill Inc (NASDAQ:JILL) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday, September 1st.
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. “
A number of other research analysts also recently weighed in on JILL. Jefferies Group LLC set a $17.00 price objective on shares of J.Jill and gave the stock a “buy” rating in a research report on Saturday, May 13th. Royal Bank Of Canada reiterated a “buy” rating and issued a $16.00 price objective on shares of J.Jill in a research report on Thursday, May 25th. Finally, BidaskClub upgraded shares of J.Jill from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. J.Jill has an average rating of “Buy” and a consensus price target of $15.40.
Shares of J.Jill (NASDAQ:JILL) opened at 10.83 on Friday. J.Jill has a 52 week low of $9.55 and a 52 week high of $14.40. The stock has a market capitalization of $473.78 million and a P/E ratio of 15.93. The firm’s 50-day moving average price is $10.83 and its 200 day moving average price is $12.26.
J.Jill (NASDAQ:JILL) last posted its quarterly earnings results on Tuesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, meeting the consensus estimate of $0.29. J.Jill had a net margin of 6.61% and a return on equity of 35.03%. The company had revenue of $181.40 million for the quarter, compared to analyst estimates of $179.02 million. J.Jill’s revenue was up 9.9% on a year-over-year basis. Analysts expect that J.Jill will post $0.84 earnings per share for the current year.
In related news, Director Michael A. Eck purchased 10,000 shares of J.Jill stock in a transaction that occurred on Thursday, August 31st. The stock was purchased at an average price of $9.92 per share, for a total transaction of $99,200.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Davidson Kempner Capital Management LP raised its position in shares of J.Jill by 19.4% during the 2nd quarter. Davidson Kempner Capital Management LP now owns 1,053,931 shares of the specialty retailer’s stock worth $12,953,000 after purchasing an additional 171,431 shares during the last quarter. Voya Investment Management LLC grew its stake in J.Jill by 5.8% during the 2nd quarter. Voya Investment Management LLC now owns 903,169 shares of the specialty retailer’s stock valued at $11,100,000 after acquiring an additional 49,552 shares in the last quarter. UBS Oconnor LLC purchased a new stake in J.Jill during the 1st quarter valued at about $9,893,000. Point72 Asset Management L.P. purchased a new stake in shares of J.Jill in the 1st quarter valued at approximately $9,192,000. Finally, Elk Creek Partners LLC grew its stake in shares of J.Jill by 4.9% in the 2nd quarter. Elk Creek Partners LLC now owns 613,081 shares of the specialty retailer’s stock valued at $7,535,000 after buying an additional 28,556 shares during the period.
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. It operates in the retail and direct channels segment.
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