J.Jill (NYSE:JILL) Stock Rating Lowered by Zacks Research

Key Points

• Zacks Research has downgraded J.Jill from a "hold" rating to a "strong sell" rating, reflecting a negative outlook for the stock.
• The consensus target price for J.Jill shares has been set at $20.00, with varying ratings from analysts, including two "Buy" and three "Hold" ratings.
• J.Jill reported strong quarterly earnings of $0.81 per share, surpassing analysts' expectations, and recorded revenue of $153.99 million for the quarter.

J.Jill (NYSE:JILL - Get Free Report) was downgraded by equities research analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a research report issued on Monday,Zacks.com reports.

Other analysts have also issued reports about the stock. BTIG Research set a $26.00 target price on shares of J.Jill in a research note on Thursday, September 4th. TD Cowen lifted their price objective on shares of J.Jill from $16.00 to $17.00 and gave the company a "hold" rating in a report on Thursday, September 4th. Cowen restated a "hold" rating on shares of J.Jill in a research note on Thursday, September 4th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $17.00 target price on shares of J.Jill in a research report on Wednesday, September 3rd. Finally, Jefferies Financial Group decreased their price target on shares of J.Jill from $22.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $20.00.

J.Jill Trading Down 1.3%

JILL opened at $17.94 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.64 and a current ratio of 1.11. The stock's 50 day moving average price is $16.33 and its 200-day moving average price is $16.54. J.Jill has a one year low of $13.36 and a one year high of $30.40. The stock has a market cap of $273.23 million, a price-to-earnings ratio of 7.51 and a beta of 0.75.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in JILL. BNP Paribas Financial Markets bought a new position in J.Jill in the fourth quarter worth about $29,000. Russell Investments Group Ltd. purchased a new position in shares of J.Jill in the 1st quarter worth approximately $43,000. Deutsche Bank AG raised its stake in shares of J.Jill by 1,507.4% during the 4th quarter. Deutsche Bank AG now owns 1,736 shares of the specialty retailer's stock worth $48,000 after acquiring an additional 1,628 shares in the last quarter. Copeland Capital Management LLC bought a new position in shares of J.Jill during the 2nd quarter worth approximately $56,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in J.Jill by 32.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,389 shares of the specialty retailer's stock valued at $94,000 after acquiring an additional 839 shares during the last quarter. 40.71% of the stock is currently owned by hedge funds and other institutional investors.

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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