Telsey Advisory Group Reaffirms "Market Perform" Rating for J.Jill (NYSE:JILL)

Key Points

• Telsey Advisory Group has reaffirmed a "market perform" rating for J.Jill with a target price of $17.00, indicating a potential upside of 1.52% from its current stock price.
• J.Jill reported earnings of $0.81 per share for the last quarter, surpassing analysts' expectations of $0.72, alongside revenues of $153.99 million.
• Institutional investors own about 40.71% of J.Jill's stock, with various hedge funds increasing their positions significantly in recent quarters.

J.Jill (NYSE:JILL - Get Free Report)'s stock had its "market perform" rating reissued by equities researchers at Telsey Advisory Group in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $17.00 target price on the specialty retailer's stock. Telsey Advisory Group's target price suggests a potential upside of 1.52% from the company's current price.

JILL has been the topic of a number of other research reports. BTIG Research set a $30.00 price target on J.Jill and gave the stock a "buy" rating in a research report on Wednesday, June 11th. Zacks Research upgraded shares of J.Jill from a "strong sell" rating to a "hold" rating in a report on Friday, August 15th. Finally, Jefferies Financial Group cut their target price on shares of J.Jill from $33.00 to $26.00 and set a "buy" rating on the stock in a research report on Wednesday, May 21st. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $26.25.

J.Jill Trading Down 0.7%

JILL stock traded down $0.13 during mid-day trading on Wednesday, reaching $16.75. The company had a trading volume of 120,452 shares, compared to its average volume of 109,298. The company has a market capitalization of $255.86 million, a PE ratio of 7.50 and a beta of 0.75. The firm has a 50 day moving average of $15.79 and a 200 day moving average of $17.00. J.Jill has a 12 month low of $13.36 and a 12 month high of $31.44. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.99 and a quick ratio of 0.50.

J.Jill (NYSE:JILL - Get Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.09. J.Jill had a return on equity of 46.94% and a net margin of 5.72%.The firm had revenue of $153.99 million during the quarter, compared to analyst estimates of $148.02 million. On average, equities analysts predict that J.Jill will post 3.36 earnings per share for the current fiscal year.

Hedge Funds Weigh In On J.Jill

Several hedge funds and other institutional investors have recently modified their holdings of the stock. CenterBook Partners LP grew its position in J.Jill by 15.4% during the 1st quarter. CenterBook Partners LP now owns 270,921 shares of the specialty retailer's stock worth $5,291,000 after purchasing an additional 36,255 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of J.Jill in the first quarter worth $1,313,000. Janney Montgomery Scott LLC lifted its stake in shares of J.Jill by 6.2% during 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 during the period. Divisadero Street Capital Management LP lifted its stake in shares of J.Jill by 6.1% during the fourth quarter. Divisadero Street Capital Management LP now owns 1,592,886 shares of the specialty retailer's stock worth $43,996,000 after buying an additional 91,545 shares during the period. Finally, Paradigm Capital Management Inc. NY grew its holdings in shares of J.Jill by 45.0% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 921,300 shares of the specialty retailer's stock valued at $25,446,000 after buying an additional 285,715 shares during the last quarter. 40.71% of the stock is owned by hedge funds and other 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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