J.Jill's (JILL) "Buy" Rating Reaffirmed at BTIG Research

Key Points

• BTIG Research has reaffirmed a "Buy" rating on J.Jill (NYSE:JILL), with a target price of $26.00, indicating a potential upside of 72.78% from its previous close.
• J.Jill reported $0.81 EPS for the last quarter, surpassing analyst expectations of $0.72, with revenue of $153.99 million compared to estimates of $148.02 million.
• Currently, J.Jill holds a consensus rating of "Hold" with two analysts recommending "Buy," while others have issued "Hold" and "Sell" ratings.

J.Jill (NYSE:JILL - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at BTIG Research in a report issued on Wednesday,Benzinga reports. They presently have a $26.00 target price on the specialty retailer's stock. BTIG Research's price target points to a potential upside of 72.78% from the company's previous close.

JILL has been the topic of a number of other reports. Jefferies Financial Group reduced their price objective on shares of J.Jill from $22.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, September 3rd. Telsey Advisory Group reiterated a "market perform" rating and set a $17.00 target price on shares of J.Jill in a research report on Wednesday, September 3rd. Wall Street Zen upgraded shares of J.Jill from a "hold" rating to a "buy" rating in a research report on Friday, October 3rd. Weiss Ratings reiterated a "sell (d+)" rating on shares of J.Jill in a research report on Saturday, September 27th. 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 issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $20.00.

J.Jill Trading Down 4.3%

NYSE:JILL opened at $15.05 on Wednesday. The firm's fifty day moving average is $16.79 and its 200-day moving average is $16.26. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.64 and a current ratio of 1.11. J.Jill has a 52 week low of $13.36 and a 52 week high of $30.40. The firm has a market cap of $229.18 million, a P/E ratio of 6.30 and a beta of 0.90.

J.Jill (NYSE:JILL - Get Free Report) last posted 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 net margin of 6.12% and a return on equity of 40.48%. The company had revenue of $153.99 million for the quarter, compared to analyst estimates of $148.02 million. Equities analysts expect that J.Jill will post 3.36 earnings per share for the current year.

Hedge Funds Weigh In On J.Jill

Several institutional investors have recently added to or reduced their stakes in JILL. Rhumbline Advisers grew its position in J.Jill by 11.7% during the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer's stock valued at $154,000 after buying an additional 829 shares during the period. Janney Montgomery Scott LLC lifted 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 worth $584,000 after buying an additional 1,750 shares in the last quarter. Bank of New York Mellon Corp raised its stake in J.Jill by 0.7% in the first quarter. Bank of New York Mellon Corp now owns 107,650 shares of the specialty retailer's stock valued at $2,102,000 after purchasing an additional 794 shares in the last quarter. Victory Capital Management Inc. raised its stake in J.Jill by 47.7% in the first quarter. Victory Capital Management Inc. now owns 11,245 shares of the specialty retailer's stock valued at $220,000 after purchasing an additional 3,631 shares in the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new stake in J.Jill in the first quarter valued at approximately $1,313,000. 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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