J.Jill (NYSE:JILL) Raised to “Hold” at Zacks Research

J.Jill (NYSE:JILL) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other analysts have also weighed in on the company. TD Cowen increased their target price on J.Jill from $16.00 to $17.00 and gave the stock a “hold” rating in a research note on Thursday, September 4th. Wall Street Zen lowered J.Jill from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Weiss Ratings reiterated a “sell (d+)” rating on shares of J.Jill in a research note on Wednesday, October 8th. Cowen reiterated a “hold” rating on shares of J.Jill in a research note on Thursday, September 4th. Finally, BTIG Research reissued a “buy” rating and issued a $26.00 price target on shares of J.Jill in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, J.Jill currently has a consensus rating of “Hold” and a consensus price target of $20.00.

J.Jill Stock Up 0.7%

NYSE JILL opened at $15.04 on Tuesday. 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 company has a market capitalization of $229.03 million, a P/E ratio of 6.29 and a beta of 0.96. J.Jill has a one year low of $13.36 and a one year high of $30.40. The stock has a 50 day moving average price of $16.58 and a 200-day moving average price of $16.00.

J.Jill (NYSE:JILL) last posted its earnings results on Monday, January 8th. The specialty retailer reported $0.77 EPS for the quarter. The firm had revenue of $150.20 million during the quarter. J.Jill had a return on equity of 40.48% and a net margin of 6.12%. As a group, equities analysts predict that J.Jill will post 3.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp increased its position in shares of 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 buying an additional 794 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of 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 buying an additional 3,631 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of J.Jill in the first quarter valued at approximately $1,313,000. Royce & Associates LP increased its position in shares of J.Jill by 33.3% in the first quarter. Royce & Associates LP now owns 768,127 shares of the specialty retailer’s stock valued at $15,002,000 after buying an additional 192,096 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of J.Jill in the first quarter valued at approximately $122,000. 40.71% of the stock is owned by institutional investors and hedge funds.

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.