J.Jill (NYSE:JILL) Given “Buy” Rating at BTIG Research

J.Jill (NYSE:JILL)‘s stock had its “buy” rating restated by BTIG Research in a research report issued on Wednesday,Benzinga reports. They presently have a $18.00 price objective on the specialty retailer’s stock. BTIG Research’s price objective would indicate a potential upside of 36.16% from the company’s previous close.

JILL has been the subject of several other research reports. Zacks Research raised J.Jill from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Wall Street Zen downgraded J.Jill from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a research report on Tuesday, April 21st. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $16.00 target price on shares of J.Jill in a research report on Tuesday, March 31st. Two 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 MarketBeat, the stock has an average rating of “Hold” and an average price target of $17.25.

J.Jill Stock Performance

NYSE JILL traded down $0.02 during trading hours on Wednesday, reaching $13.22. The stock had a trading volume of 103,301 shares, compared to its average volume of 73,938. The stock has a fifty day moving average of $12.49 and a 200 day moving average of $14.54. The stock has a market cap of $197.11 million, a P/E ratio of 7.26 and a beta of 0.92. J.Jill has a 52-week low of $10.40 and a 52-week high of $18.80. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.54 and a current ratio of 1.08.

J.Jill (NYSE:JILL) last announced its earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. The business had revenue of $144.43 million during the quarter, compared to the consensus estimate of $144.30 million. J.Jill had a return on equity of 30.77% and a net margin of 4.68%. Sell-side analysts predict that J.Jill will post 2 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in J.Jill by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock worth $3,208,000 after acquiring an additional 8,172 shares during the period. Janney Montgomery Scott LLC grew its holdings in J.Jill by 12.7% in the first quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer’s stock valued at $357,000 after purchasing an additional 3,499 shares during the last quarter. 1492 Capital Management LLC acquired a new stake in J.Jill in the first quarter valued at $258,000. XTX Topco Ltd acquired a new stake in J.Jill in the fourth quarter valued at $347,000. Finally, Quadrature Capital Ltd acquired a new stake in J.Jill in the fourth quarter valued at $150,000. Institutional investors and hedge funds own 40.71% of the company’s stock.

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.