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

Key Points

• Telsey Advisory Group reiterated a "Market Perform" rating on J.Jill with a $16 price target, implying roughly a 6.2% upside from the prior close.
• The street consensus is a "Hold" with an average price target of $18, based on 2 Buy, 3 Hold and 1 Sell ratings from analysts.
• Shares opened at $15.06 and trade below analysts' targets; the company has a market cap of $227.65 million, a P/E of 6.88, and institutional investors own about 40.7% of the stock.

J.Jill (NYSE:JILL - Get Free Report)'s stock had its "market perform" rating restated by investment analysts at Telsey Advisory Group in a note issued to investors on Tuesday,Benzinga reports. They currently have a $16.00 target price on the specialty retailer's stock. Telsey Advisory Group's target price points to a potential upside of 6.23% from the company's previous close.

JILL has been the topic of several other reports. TD Cowen reaffirmed a "hold" rating on shares of J.Jill in a research note on Wednesday, January 14th. Jefferies Financial Group set a $18.00 price target on shares of J.Jill in a report on Wednesday, December 10th. Zacks Research cut J.Jill from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 16th. BTIG Research cut their price objective on J.Jill from $26.00 to $21.00 and set a "buy" rating on the stock in a research note on Wednesday, December 10th. Finally, Wall Street Zen upgraded shares of J.Jill from a "hold" rating to a "buy" rating in a research report on Saturday, January 10th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $18.00.

J.Jill Stock Performance

J.Jill stock opened at $15.06 on Tuesday. The stock has a fifty day moving average of $16.37 and a two-hundred day moving average of $15.86. J.Jill has a fifty-two week low of $13.32 and a fifty-two week high of $20.10. The company has a market capitalization of $227.65 million, a price-to-earnings ratio of 6.88 and a beta of 0.92. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 1.15.

Institutional Investors Weigh In On J.Jill

A number of institutional investors have recently bought and sold shares of the business. Invenomic Capital Management LP bought a new stake in J.Jill in the third quarter worth $3,431,000. Royce & Associates LP boosted its holdings in J.Jill by 22.5% during the third quarter. Royce & Associates LP now owns 1,204,103 shares of the specialty retailer's stock valued at $20,650,000 after acquiring an additional 221,218 shares during the period. Fund 1 Investments LLC increased its position in J.Jill by 22.8% in the 2nd quarter. Fund 1 Investments LLC now owns 936,248 shares of the specialty retailer's stock worth $13,707,000 after buying an additional 173,785 shares during the period. SG Americas Securities LLC acquired a new position in shares of J.Jill during the second quarter worth approximately $426,000. Finally, GSA Capital Partners LLP acquired a new position in J.Jill during the 3rd quarter valued at $549,000. 40.71% of the stock is currently owned by institutional investors and hedge funds.

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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