J.Jill (NYSE:JILL) Given "Market Perform" Rating at Telsey Advisory Group

Key Points

• Telsey Advisory Group has restated J.Jill's stock rating to "market perform" with a target price of $17.00, reflecting a potential downside of 0.52% from the previous close.
• Despite recent challenges, J.Jill reported an EPS of $0.88 for the previous quarter, meeting analyst expectations, but fell short on revenue with $153.62 million against a $156.90 million estimate.
• Institutional investors have increased holdings in J.Jill, with notable increases from CenterBook Partners LP and Paradigm Capital Management, indicating ongoing confidence in the specialty retailer.

J.Jill (NYSE:JILL - Get Free Report)'s stock had its "market perform" rating restated by equities researchers at Telsey Advisory Group in a report released on Wednesday,Benzinga reports. They presently have a $17.00 target price on the specialty retailer's stock. Telsey Advisory Group's price target suggests a potential downside of 0.52% from the stock's previous close.

A number of other equities analysts also recently commented on the company. BTIG Research set a $30.00 target price on J.Jill and gave the company a "buy" rating in a research note on Wednesday, June 11th. Jefferies Financial Group decreased their target price on J.Jill from $33.00 to $26.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. Finally, Zacks Research upgraded J.Jill from a "strong sell" rating to a "hold" rating in a research note on Friday, August 15th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $26.25.

J.Jill Stock Up 3.1%

NYSE:JILL opened at $17.09 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.50 and a current ratio of 0.99. The stock has a 50-day simple moving average of $15.59 and a 200 day simple moving average of $17.30. J.Jill has a one year low of $13.36 and a one year high of $34.42. The company has a market capitalization of $261.12 million, a price-to-earnings ratio of 7.63 and a beta of 0.55.

J.Jill (NYSE:JILL - Get Free Report) last issued its earnings results on Wednesday, June 11th. The specialty retailer reported $0.88 EPS for the quarter, meeting analysts' consensus estimates of $0.88. J.Jill had a return on equity of 46.94% and a net margin of 5.72%.The company had revenue of $153.62 million during the quarter, compared to the consensus estimate of $156.90 million. During the same period in the previous year, the firm posted $1.22 earnings per share. Sell-side analysts predict that J.Jill will post 3.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. CenterBook Partners LP increased its holdings in shares of J.Jill by 15.4% in the first quarter. CenterBook Partners LP now owns 270,921 shares of the specialty retailer's stock valued at $5,291,000 after buying an additional 36,255 shares in the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of J.Jill in the first quarter valued at $1,313,000. Janney Montgomery Scott LLC increased its holdings in shares of J.Jill by 6.2% in the first quarter. Janney Montgomery Scott LLC now owns 29,900 shares of the specialty retailer's stock valued at $584,000 after buying an additional 1,750 shares in the last quarter. Divisadero Street Capital Management LP increased its holdings in shares of J.Jill by 6.1% in the fourth quarter. Divisadero Street Capital Management LP now owns 1,592,886 shares of the specialty retailer's stock valued at $43,996,000 after buying an additional 91,545 shares in the last quarter. Finally, Paradigm Capital Management Inc. NY increased its holdings in shares of J.Jill by 45.0% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 921,300 shares of the specialty retailer's stock valued at $25,446,000 after buying an additional 285,715 shares in the last quarter. Institutional investors own 40.71% of the company's stock.

J.Jill Company Profile

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers apparel, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.

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