Analysts Set J.Jill, Inc. (NYSE:JILL) Target Price at $17.25

Shares of J.Jill, Inc. (NYSE:JILL) have earned a consensus rating of “Hold” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $17.25.

Several equities research analysts recently issued reports on the company. Zacks Research downgraded J.Jill from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 14th. Weiss Ratings reiterated a “sell (d+)” rating on shares of J.Jill in a report on Tuesday, April 21st. Telsey Advisory Group reissued a “market perform” rating and issued a $16.00 price objective on shares of J.Jill in a research report on Tuesday, March 31st. BTIG Research cut their price objective on J.Jill from $21.00 to $18.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Finally, Wall Street Zen cut J.Jill from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its position in J.Jill by 83.1% in the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 673 shares during the last quarter. Bank of America Corp DE boosted its position in J.Jill by 1.8% in the third quarter. Bank of America Corp DE now owns 40,210 shares of the specialty retailer’s stock worth $690,000 after purchasing an additional 717 shares during the last quarter. Rhumbline Advisers boosted its position in J.Jill by 11.7% in the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock worth $154,000 after purchasing an additional 829 shares during the last quarter. First Trust Advisors LP boosted its position in J.Jill by 3.7% in the second quarter. First Trust Advisors LP now owns 23,682 shares of the specialty retailer’s stock worth $347,000 after purchasing an additional 840 shares during the last quarter. Finally, Barclays PLC boosted its position in J.Jill by 10.8% in the fourth quarter. Barclays PLC now owns 11,417 shares of the specialty retailer’s stock worth $157,000 after purchasing an additional 1,111 shares during the last quarter. Hedge funds and other institutional investors own 40.71% of the company’s stock.

J.Jill Trading Up 1.2%

Shares of J.Jill stock opened at $12.41 on Friday. The stock has a fifty day simple moving average of $13.05 and a 200 day simple moving average of $14.68. J.Jill has a 12-month low of $10.40 and a 12-month high of $18.80. The company has a market capitalization of $185.06 million, a P/E ratio of 6.82 and a beta of 0.89. The company has a current ratio of 1.08, a quick ratio of 0.54 and a debt-to-equity ratio of 0.59.

J.Jill (NYSE:JILL) last announced its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.10. J.Jill had a return on equity of 30.77% and a net margin of 4.68%.The business had revenue of $138.41 million during the quarter, compared to the consensus estimate of $135.55 million. On average, sell-side analysts anticipate that J.Jill will post 2 earnings per share for the current fiscal year.

J.Jill Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 14th were given a $0.09 dividend. This is an increase from J.Jill’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, April 14th. J.Jill’s payout ratio is presently 19.78%.

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.