J.Jill (NYSE:JILL) Stock Price Expected to Rise, TD Cowen Analyst Says

Key Points

• TD Cowen raised J.Jill’s price target from $14 to $18 but maintained a “hold” rating, implying 6.63% downside from the stock’s current price.
• Analyst sentiment remains cautious: J.Jill has a consensus “Hold” rating and an average target price of $16.50, with two Buy ratings and five Hold ratings.
• J.Jill reported quarterly EPS of $0.45, slightly above estimates, while revenue of $144.43 million was broadly in line with expectations. The stock traded near its 52-week high at $19.28.

J.Jill (NYSE:JILL - Get Free Report) had its price target hoisted by TD Cowen from $14.00 to $18.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a "hold" rating on the specialty retailer's stock. TD Cowen's target price suggests a potential downside of 6.63% from the company's current price.

Several other equities analysts also recently weighed in on JILL. William Blair downgraded shares of J.Jill from an "outperform" rating to a "market perform" rating in a report on Thursday, June 11th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $16.00 target price on shares of J.Jill in a report on Wednesday, June 10th. Telsey Advisory Group restated a "market perform" rating and issued a $14.00 price objective (up from $13.00) on shares of J.Jill in a research report on Thursday, June 11th. Weiss Ratings raised J.Jill from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, June 11th. Finally, BTIG Research reissued a "buy" rating and set a $18.00 target price on shares of J.Jill in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $16.50.

J.Jill Stock Performance

JILL traded up $0.60 during midday trading on Tuesday, reaching $19.28. The company had a trading volume of 6,520 shares, compared to its average volume of 73,891. The business has a 50-day moving average of $16.55 and a two-hundred day moving average of $15.06. The company has a quick ratio of 0.60, a current ratio of 1.13 and a debt-to-equity ratio of 0.57. J.Jill has a 1 year low of $10.40 and a 1 year high of $19.39. The company has a market cap of $288.24 million, a P/E ratio of 14.01 and a beta of 0.84.

J.Jill (NYSE:JILL - Get Free Report) last posted 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. The firm had revenue of $144.43 million for the quarter, compared to analysts' expectations of $144.30 million. J.Jill had a return on equity of 24.44% and a net margin of 3.56%. As a group, equities research analysts predict that J.Jill will post 2.04 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC purchased a new stake in shares of J.Jill in the fourth quarter worth about $2,503,000. Marshall Wace LLP increased its stake in J.Jill by 931.8% in the 2nd quarter. Marshall Wace LLP now owns 147,892 shares of the specialty retailer's stock worth $2,165,000 after acquiring an additional 133,558 shares during the last quarter. Paradigm Capital Management Inc. NY increased 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 worth $15,479,000 after acquiring an additional 125,838 shares during the last quarter. Royce & Associates LP raised its holdings in shares of J.Jill by 8.3% during the 4th quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer's stock worth $17,884,000 after acquiring an additional 99,390 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in shares of J.Jill by 502.7% during the 3rd quarter. Millennium Management LLC now owns 74,335 shares of the specialty retailer's stock worth $1,275,000 after acquiring an additional 62,001 shares in the last quarter. Hedge funds and other 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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