J.Jill (NYSE:JILL) Receives “Market Perform” Rating from Telsey Advisory Group

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating reissued by analysts at Telsey Advisory Group in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $16.00 price objective on the specialty retailer’s stock. Telsey Advisory Group’s price target would indicate a potential upside of 7.10% from the stock’s previous close.

A number of other research analysts also recently issued reports on JILL. TD Cowen reissued a “hold” rating on shares of J.Jill in a research note on Wednesday, January 14th. Wall Street Zen raised J.Jill from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. BTIG Research dropped their price target on J.Jill from $26.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. Zacks Research cut J.Jill from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, J.Jill presently has an average rating of “Hold” and an average target price of $18.00.

J.Jill Trading Up 1.2%

JILL opened at $14.94 on Tuesday. J.Jill has a twelve month low of $13.32 and a twelve month high of $19.75. The company has a fifty day moving average of $16.24 and a 200-day moving average of $15.76. The stock has a market cap of $225.73 million, a PE ratio of 6.82 and a beta of 0.92. 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 (NYSE:JILL) last released its earnings results on Tuesday, March 31st. The specialty retailer reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.10. The business had revenue of $138.41 million for the quarter, compared to analyst estimates of $135.55 million. J.Jill had a net margin of 5.60% and a return on equity of 36.33%. On average, sell-side analysts predict that J.Jill will post 3.36 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royce & Associates LP grew its holdings in shares of J.Jill by 8.3% in the fourth quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer’s stock valued at $17,884,000 after acquiring an additional 99,390 shares in the last quarter. Paradigm Capital Management Inc. NY increased its position in shares of J.Jill by 13.5% during the second quarter. Paradigm Capital Management Inc. NY now owns 1,057,300 shares of the specialty retailer’s stock valued at $15,479,000 after acquiring an additional 125,838 shares during the last quarter. Fund 1 Investments LLC lifted its holdings in J.Jill by 22.8% during the second 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 during the period. Invenomic Capital Management LP boosted its position in J.Jill by 1.6% in the fourth quarter. Invenomic Capital Management LP now owns 203,227 shares of the specialty retailer’s stock worth $2,788,000 after purchasing an additional 3,161 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in J.Jill by 3.8% in 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. 40.71% of the stock is currently owned by hedge funds and other 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.