J.Jill (NYSE:JILL) Price Target Lowered to $16.00 at Telsey Advisory Group

J.Jill (NYSE:JILL) had its price target lowered by Telsey Advisory Group from $17.00 to $16.00 in a report released on Wednesday, MarketBeat Ratings reports. The brokerage presently has a “market perform” rating on the specialty retailer’s stock. Telsey Advisory Group’s price objective suggests a potential upside of 12.12% from the company’s current price.

Several other brokerages also recently weighed in on JILL. Zacks Research raised shares of J.Jill from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Wall Street Zen upgraded shares of J.Jill from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. TD Cowen increased their price objective on J.Jill from $16.00 to $17.00 and gave the company a “hold” rating in a research note on Thursday, September 4th. BTIG Research reiterated a “buy” rating and issued a $26.00 target price on shares of J.Jill in a report on Wednesday, October 8th. Finally, Jefferies Financial Group lowered their target price on J.Jill from $22.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, September 3rd. Two equities research 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. According to MarketBeat, J.Jill has a consensus rating of “Hold” and a consensus target price of $18.25.

J.Jill Price Performance

JILL stock opened at $14.27 on Wednesday. The business’s fifty day moving average price is $15.31 and its 200 day moving average price is $15.84. J.Jill has a 12-month low of $13.32 and a 12-month high of $30.40. The company has a current ratio of 1.11, a quick ratio of 0.64 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $217.33 million, a PE ratio of 5.97 and a beta of 0.90.

J.Jill (NYSE:JILL) last released its earnings results on Wednesday, December 10th. The specialty retailer reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.18. The company had revenue of $150.53 million during the quarter, compared to the consensus estimate of $148.38 million. J.Jill had a return on equity of 40.48% and a net margin of 6.12%.During the same period in the previous year, the company posted $0.89 EPS. On average, sell-side analysts anticipate that J.Jill will post 3.36 EPS for the current year.

Institutional Trading of J.Jill

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Royce & Associates LP lifted its holdings in J.Jill by 22.5% during the 3rd quarter. Royce & Associates LP now owns 1,204,103 shares of the specialty retailer’s stock worth $20,650,000 after buying an additional 221,218 shares during the last quarter. Paradigm Capital Management Inc. NY raised its position in shares of J.Jill by 13.5% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,057,300 shares of the specialty retailer’s stock worth $15,479,000 after acquiring an additional 125,838 shares in the last quarter. Fund 1 Investments LLC raised its position in shares of J.Jill by 22.8% during the 2nd quarter. Fund 1 Investments LLC now owns 936,248 shares of the specialty retailer’s stock worth $13,707,000 after acquiring an additional 173,785 shares in the last quarter. Franklin Resources Inc. lifted its stake in J.Jill by 3.8% during the second quarter. Franklin Resources Inc. now owns 201,255 shares of the specialty retailer’s stock worth $2,946,000 after purchasing an additional 7,404 shares during the last quarter. Finally, Invenomic Capital Management LP acquired a new position in J.Jill in the third quarter valued at approximately $3,431,000. 40.71% of the stock is currently owned by institutional investors and hedge funds.

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.