J.Jill (NYSE:JILL) Rating Increased to Buy at Wall Street Zen

Key Points

• J.Jill's stock rating has been upgraded from "hold" to "buy" by analysts at Wall Street Zen amidst mixed analyst opinions, with some maintaining hold or sell ratings.
• The company recently reported strong quarterly earnings, exceeding expectations with an EPS of $0.81 and revenue of $153.99 million, indicating positive financial performance.
• J.Jill currently has a market cap of $248.39 million and an average analyst price target of $20.00, suggesting a stable outlook despite some volatility in ratings.

J.Jill (NYSE:JILL - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Friday.

Other analysts also recently issued reports about the company. TD Cowen upped their target price on J.Jill from $16.00 to $17.00 and gave the company a "hold" rating in a research report on Thursday, September 4th. Jefferies Financial Group cut their target price on J.Jill from $22.00 to $20.00 and set a "buy" rating for the company in a research report on Wednesday, September 3rd. Weiss Ratings reiterated a "sell (d+)" rating on shares of J.Jill in a research report on Saturday, September 27th. Zacks Research downgraded J.Jill from a "hold" rating to a "strong sell" rating in a research report on Monday, September 15th. Finally, Cowen reiterated a "hold" rating on shares of J.Jill in a research report on Thursday, September 4th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $20.00.

J.Jill Stock Performance

NYSE JILL traded down $0.43 on Friday, reaching $16.31. The stock had a trading volume of 63,020 shares, compared to its average volume of 82,316. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.11 and a quick ratio of 0.64. The firm has a fifty day moving average of $16.84 and a two-hundred day moving average of $16.32. J.Jill has a 1-year low of $13.36 and a 1-year high of $30.40. The company has a market cap of $248.39 million, a P/E ratio of 6.82 and a beta of 0.90.

J.Jill (NYSE:JILL - Get Free Report) last issued its quarterly earnings data on Wednesday, September 3rd. The specialty retailer reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.09. J.Jill had a return on equity of 40.48% and a net margin of 6.12%.The firm had revenue of $153.99 million for the quarter, compared to analyst estimates of $148.02 million. On average, equities research analysts anticipate that J.Jill will post 3.36 EPS for the current year.

Institutional Trading of J.Jill

Several institutional investors and hedge funds have recently modified their holdings of JILL. Russell Investments Group Ltd. bought a new stake in shares of J.Jill during the 1st quarter worth $43,000. Copeland Capital Management LLC bought a new stake in shares of J.Jill during the 2nd quarter worth $56,000. Banque Cantonale Vaudoise bought a new position in J.Jill in the first quarter valued at about $122,000. Rhumbline Advisers raised its position in J.Jill by 11.7% in the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer's stock valued at $154,000 after purchasing an additional 829 shares during the last quarter. Finally, Nuveen Asset Management LLC bought a new position in J.Jill in the fourth quarter valued at about $206,000. 40.71% of the stock is currently owned by institutional investors.

About J.Jill

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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