J.Jill, Inc. (NYSE:JILL) Given Average Recommendation of “Hold” by Brokerages

Shares of J.Jill, Inc. (NYSE:JILL) have been assigned a consensus rating of “Hold” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $15.50.

A number of equities research analysts have recently issued reports on JILL shares. William Blair cut J.Jill from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 11th. TD Cowen restated a “hold” rating and set a $14.00 target price (up from $13.00) on shares of J.Jill in a report on Thursday, June 11th. BTIG Research restated a “buy” rating and set a $18.00 target price on shares of J.Jill in a report on Wednesday, June 10th. Zacks Research raised shares of J.Jill from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $16.00 price target on shares of J.Jill in a research note on Wednesday, June 10th.

Hedge Funds Weigh In On J.Jill

A number of institutional investors have recently bought and sold shares of the business. Invenomic Capital Management LP acquired a new stake in shares of J.Jill in the third quarter valued at approximately $3,431,000. Pacific Ridge Capital Partners LLC acquired a new position in shares of J.Jill during the 4th quarter worth approximately $2,503,000. Royce & Associates LP raised its stake in J.Jill by 8.3% in the 4th 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 during the period. Bridgeway Capital Management LLC raised its stake in J.Jill by 77.1% in the 4th quarter. Bridgeway Capital Management LLC now owns 29,759 shares of the specialty retailer’s stock valued at $408,000 after acquiring an additional 12,959 shares during the period. Finally, Paradigm Capital Management Inc. NY lifted its holdings in 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 valued at $15,479,000 after purchasing an additional 125,838 shares during the last quarter. Institutional investors and hedge funds own 40.71% of the company’s stock.

J.Jill Stock Performance

JILL opened at $16.56 on Friday. J.Jill has a 52-week low of $10.40 and a 52-week high of $18.80. The firm has a market capitalization of $247.54 million, a PE ratio of 12.09 and a beta of 0.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.60 and a current ratio of 1.13. The business’s 50-day simple moving average is $13.58 and its 200 day simple moving average is $14.54.

J.Jill (NYSE:JILL) last posted its quarterly earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The firm 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 24.44% and a net margin of 3.56%. As a group, sell-side analysts expect that J.Jill will post 2.04 earnings per share for the current fiscal year.

J.Jill Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 24th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, June 24th. J.Jill’s dividend payout ratio is presently 26.28%.

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.