Telsey Advisory Group Issues Positive Forecast for J.Jill (NYSE:JILL) Stock Price

J.Jill (NYSE:JILL) had its price target boosted by equities research analysts at Telsey Advisory Group from $14.00 to $18.00 in a research note issued on Thursday, Briefing.com reports. The brokerage currently has a “market perform” rating on the specialty retailer’s stock. Telsey Advisory Group’s price target suggests a potential downside of 3.55% from the company’s current price.

JILL has been the subject of several other reports. Weiss Ratings upgraded shares of J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 18th. Jefferies Financial Group restated a “buy” rating and set a $16.00 price target on shares of J.Jill in a report on Wednesday, June 10th. William Blair lowered shares of J.Jill from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 11th. BTIG Research reiterated a “buy” rating and set a $18.00 price objective on shares of J.Jill in a research report on Wednesday, June 10th. Finally, TD Cowen lifted their price objective on shares of J.Jill from $14.00 to $18.00 and gave the stock a “hold” rating in a research report on Tuesday, August 18th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, J.Jill presently has a consensus rating of “Hold” and an average price target of $17.50.

J.Jill Stock Performance

Shares of NYSE JILL opened at $18.66 on Thursday. J.Jill has a 52-week low of $10.40 and a 52-week high of $20.89. The stock has a market capitalization of $279.00 million, a price-to-earnings ratio of 13.62 and a beta of 0.87. The company has a quick ratio of 0.60, a current ratio of 1.13 and a debt-to-equity ratio of 0.57. The stock’s fifty day simple moving average is $17.81 and its 200 day simple moving average is $15.35.

J.Jill (NYSE:JILL) last issued its quarterly earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The firm had revenue of $144.43 million for the quarter, compared to analysts’ expectations of $144.30 million. J.Jill had a return on equity of 24.44% and a net margin of 3.56%. As a group, sell-side analysts forecast that J.Jill will post 2.04 earnings per share for the current fiscal year.

Insider Activity at J.Jill

In other J.Jill news, EVP Mark W. Webb sold 2,074 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $20.33, for a total value of $42,164.42. Following the transaction, the executive vice president owned 174,679 shares in the company, valued at approximately $3,551,224.07. This represents a 1.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 11,158 shares of company stock worth $225,984 in the last ninety days. Company insiders own 4.40% of the company’s stock.

Hedge Funds Weigh In On J.Jill

Several institutional investors and hedge funds have recently modified their holdings of the stock. Fund 1 Investments LLC boosted its position in J.Jill by 96.8% during the second quarter. Fund 1 Investments LLC now owns 1,328,949 shares of the specialty retailer’s stock valued at $21,090,000 after purchasing an additional 653,645 shares during the last quarter. Pacific Ridge Capital Partners LLC acquired a new position in J.Jill in the 4th quarter worth about $2,503,000. Royce & Associates LP raised its stake in shares of J.Jill by 8.3% during the 4th quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer’s stock worth $17,884,000 after purchasing an additional 99,390 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of J.Jill by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock worth $3,208,000 after purchasing an additional 8,172 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of J.Jill by 12.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer’s stock valued at $357,000 after buying an additional 3,499 shares during the last quarter. 40.71% of the stock is currently owned by hedge funds and other institutional investors.

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.