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

J.Jill (NYSE:JILL) 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.

A number of other analysts have also recently weighed in on JILL. Telsey Advisory Group reiterated a “market perform” rating and set a $16.00 price target on shares of J.Jill in a research report on Tuesday. Wall Street Zen upgraded J.Jill from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a research report on Wednesday, October 8th. Jefferies Financial Group set a $18.00 target price on J.Jill in a research note on Wednesday, December 10th. Finally, BTIG Research reduced their price target on shares of J.Jill from $26.00 to $21.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $18.00.

J.Jill Stock Performance

Shares of NYSE:JILL traded down $0.15 on Monday, reaching $15.71. 18,179 shares of the company’s stock were exchanged, compared to its average volume of 75,306. The business’s 50-day moving average is $14.75 and its two-hundred day moving average is $15.70. The company has a quick ratio of 0.64, a current ratio of 1.15 and a debt-to-equity ratio of 0.55. J.Jill has a fifty-two week low of $13.32 and a fifty-two week high of $28.94. The firm has a market capitalization of $237.30 million, a price-to-earnings ratio of 7.17 and a beta of 0.94.

J.Jill (NYSE:JILL) last posted its quarterly earnings results on Wednesday, December 10th. The specialty retailer reported $0.76 EPS for the quarter, beating the consensus estimate of $0.58 by $0.18. The business had revenue of $150.53 million during the quarter, compared to analyst estimates of $148.38 million. J.Jill had a net margin of 5.60% and a return on equity of 36.33%. During the same period in the previous year, the business posted $0.89 EPS. As a group, equities research analysts forecast that J.Jill will post 3.36 EPS for the current year.

Institutional Investors Weigh In On J.Jill

A number of hedge funds and other institutional investors have recently modified their holdings of JILL. Dynamic Technology Lab Private Ltd lifted its holdings in J.Jill by 40.0% in the first quarter. Dynamic Technology Lab Private Ltd now owns 11,210 shares of the specialty retailer’s stock worth $219,000 after purchasing an additional 3,205 shares during the period. Rhumbline Advisers raised its position in shares of J.Jill by 11.7% during the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock worth $154,000 after buying an additional 829 shares in the last quarter. SummerHaven Investment Management LLC lifted its stake in shares of J.Jill by 4.1% in the 2nd quarter. SummerHaven Investment Management LLC now owns 23,834 shares of the specialty retailer’s stock worth $349,000 after acquiring an additional 930 shares during the period. Copeland Capital Management LLC bought a new position in shares of J.Jill in the second quarter valued at approximately $56,000. Finally, Geode Capital Management LLC boosted its holdings in shares of J.Jill by 11.9% in the second quarter. Geode Capital Management LLC now owns 175,286 shares of the specialty retailer’s stock valued at $2,567,000 after acquiring an additional 18,576 shares in the last quarter. 40.71% of the stock is currently owned by institutional investors.

About J.Jill

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.