J.Jill (NYSE:JILL) Share Price Passes Above Fifty Day Moving Average - Here's Why

Key Points

• J.Jill shares rose above their 50-day moving average of $16.45, reaching $19.28 before last trading at $18.8150.
• Analyst sentiment remains cautious: the stock has an average rating of “Hold” and a consensus price target of $15.50, below its recent trading level.
• J.Jill slightly exceeded quarterly earnings expectations, reporting $0.45 EPS versus a $0.44 estimate, and paid a quarterly dividend of $0.09, representing a 1.9% annualized yield.

J.Jill, Inc. (NYSE:JILL - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $16.45 and traded as high as $19.28. J.Jill shares last traded at $18.8150, with a volume of 33,129 shares.

Analyst Ratings Changes

A number of equities research analysts have commented on JILL shares. TD Cowen restated a "hold" rating and set a $14.00 price objective (up from $13.00) on shares of J.Jill in a research report on Thursday, June 11th. William Blair lowered shares of J.Jill from an "outperform" rating to a "market perform" rating in a research report on Thursday, June 11th. Zacks Research upgraded shares of J.Jill from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. Weiss Ratings upgraded shares of J.Jill from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, June 11th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $14.00 price objective (up from $13.00) on shares of J.Jill in a research report on Thursday, June 11th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $15.50.

J.Jill Trading Down 0.5%

The firm has a market cap of $281.30 million, a P/E ratio of 13.73 and a beta of 0.84. The company has a 50 day moving average of $16.45 and a 200 day moving average of $15.05. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.60 and a current ratio of 1.13.

J.Jill (NYSE:JILL - Get Free Report) last released its quarterly earnings data on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $144.30 million. Analysts predict that J.Jill, Inc. will post 2.04 EPS for the current fiscal year.

J.Jill Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 24th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.9%. The ex-dividend date was Wednesday, June 24th. J.Jill's payout ratio is 26.28%.

Institutional Investors Weigh In On J.Jill

A number of large investors have recently added to or reduced their stakes in the stock. Royce & Associates LP lifted its stake in shares of J.Jill by 8.3% in the fourth quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer's stock worth $17,884,000 after buying an additional 99,390 shares during the last quarter. Paradigm Capital Management Inc. NY grew its stake in J.Jill by 13.5% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,057,300 shares of the specialty retailer's stock valued at $15,479,000 after buying an additional 125,838 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in J.Jill by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer's stock valued at $3,208,000 after buying an additional 8,172 shares during the last quarter. Invenomic Capital Management LP grew its stake in J.Jill by 1.6% in the 4th quarter. Invenomic Capital Management LP now owns 203,227 shares of the specialty retailer's stock valued at $2,788,000 after buying an additional 3,161 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in J.Jill by 2.7% in the 4th quarter. Franklin Resources Inc. now owns 195,379 shares of the specialty retailer's stock worth $2,681,000 after acquiring an additional 5,129 shares during the period. Institutional investors 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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