BTIG Research Cuts J.Jill (NYSE:JILL) Price Target to $21.00

J.Jill (NYSE:JILL) had its price target decreased by equities research analysts at BTIG Research from $26.00 to $21.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the specialty retailer’s stock. BTIG Research’s target price would suggest a potential upside of 43.39% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Wall Street Zen upgraded J.Jill from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings reissued a “sell (d+)” rating on shares of J.Jill in a report on Wednesday, October 8th. Telsey Advisory Group restated a “market perform” rating and issued a $17.00 price target on shares of J.Jill in a research report on Wednesday. Zacks Research raised shares of J.Jill from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, Cowen reaffirmed a “hold” rating on shares of J.Jill in a research report on Thursday, September 4th. Two 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $18.75.

J.Jill Stock Down 11.2%

Shares of J.Jill stock traded down $1.85 during trading on Wednesday, reaching $14.65. The company had a trading volume of 119,239 shares, compared to its average volume of 97,721. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.64 and a current ratio of 1.11. J.Jill has a fifty-two week low of $13.32 and a fifty-two week high of $30.40. The firm’s fifty day moving average is $15.36 and its 200-day moving average is $15.85. The company has a market cap of $223.04 million, a price-to-earnings ratio of 6.13 and a beta of 0.90.

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

Institutional Investors Weigh In On J.Jill

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of J.Jill by 22.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 96,406 shares of the specialty retailer’s stock valued at $1,883,000 after buying an additional 17,966 shares during the period. American Century Companies Inc. raised its position in J.Jill by 10.9% in the first quarter. American Century Companies Inc. now owns 13,604 shares of the specialty retailer’s stock worth $266,000 after acquiring an additional 1,337 shares in the last quarter. SG Americas Securities LLC acquired a new stake in J.Jill in the 2nd quarter valued at about $426,000. Martingale Asset Management L P boosted its position in shares of J.Jill by 13.1% during the 1st quarter. Martingale Asset Management L P now owns 25,974 shares of the specialty retailer’s stock valued at $507,000 after purchasing an additional 3,009 shares in the last quarter. Finally, Russell Investments Group Ltd. acquired a new position in shares of J.Jill in the 1st quarter worth approximately $43,000. Institutional investors own 40.71% of the company’s stock.

J.Jill Company Profile

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.