J.Jill (NYSE:JILL) Stock Price Expected to Rise, Telsey Advisory Group Analyst Says

Key Points

• Telsey Advisory Group raised J.Jill’s price target from $14 to $18 while maintaining a “market perform” rating, implying 3.55% downside from the prior close.
• Analyst sentiment remains cautious, with a consensus “Hold” rating from seven analysts and an average price target of $17.50; two analysts recommend buying and five recommend holding.
• J.Jill reported quarterly EPS of $0.45, slightly exceeding estimates, while revenue of $144.43 million was broadly in line with expectations. The stock opened at $18.66 and was trading down 4%.

J.Jill (NYSE:JILL - Get Free Report) had its price objective hoisted by Telsey Advisory Group from $14.00 to $18.00 in a research report issued to clients and investors on Thursday, Briefing.com reports. The brokerage presently has a "market perform" rating on the specialty retailer's stock. Telsey Advisory Group's price target suggests a potential downside of 3.55% from the stock's previous close.

JILL has been the topic of a number of other reports. BTIG Research reiterated a "buy" rating and set a $18.00 price target on shares of J.Jill in a research report on Wednesday, June 10th. Weiss Ratings upgraded J.Jill from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, August 18th. TD Cowen increased their target price on J.Jill from $14.00 to $18.00 and gave the stock a "hold" rating in a research report on Tuesday, August 18th. William Blair cut J.Jill from an "outperform" rating to a "market perform" rating in a research note on Thursday, June 11th. Finally, Zacks Research raised shares of J.Jill from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, J.Jill presently has a consensus rating of "Hold" and an average price target of $17.50.

J.Jill Trading Down 4.0%

J.Jill stock opened at $18.66 on Thursday. J.Jill has a 1 year low of $10.40 and a 1 year high of $20.89. The firm's 50-day moving average is $17.81 and its 200-day moving average is $15.35. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.60 and a current ratio of 1.13. The company has a market cap of $279.00 million, a P/E ratio of 13.62 and a beta of 0.87.

J.Jill (NYSE:JILL - Get Free Report) last announced its quarterly earnings data on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.01. J.Jill had a net margin of 3.56% and a return on equity of 24.44%. The business had revenue of $144.43 million during the quarter, compared to the consensus estimate of $144.30 million. On average, equities analysts expect that J.Jill will post 2.04 earnings per share for the current year.

Insider Transactions at J.Jill

In related news, EVP Mark W. Webb sold 3,745 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $20.30, for a total value of $76,023.50. Following the completion of the transaction, the executive vice president directly owned 173,048 shares of the company's stock, valued at $3,512,874.40. This represents a 2.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last three months, insiders sold 11,158 shares of company stock valued at $225,984. Corporate insiders own 4.40% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in JILL. BNP Paribas Financial Markets increased its holdings in shares of J.Jill by 83.1% during the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 673 shares during the period. Wells Fargo & Company MN grew its position in J.Jill by 46.2% in the 4th quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer's stock valued at $113,000 after buying an additional 2,595 shares in the last quarter. Quadrature Capital Ltd acquired a new position in J.Jill during the 4th quarter valued at about $150,000. Rhumbline Advisers increased its stake in J.Jill by 11.7% during the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer's stock valued at $154,000 after buying an additional 829 shares during the period. Finally, Barclays PLC raised its position in shares of J.Jill by 10.8% during the 4th quarter. Barclays PLC now owns 11,417 shares of the specialty retailer's stock worth $157,000 after buying an additional 1,111 shares in the last quarter. Institutional investors and hedge funds own 40.71% of the company's stock.

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.

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