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

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating reaffirmed by Telsey Advisory Group in a research report issued on Thursday,Benzinga reports. They presently have a $21.00 price objective on the specialty retailer’s stock. Telsey Advisory Group’s price objective points to a potential upside of 35.40% from the company’s previous close.

Separately, Jefferies Financial Group dropped their price objective on J.Jill from $33.00 to $26.00 and set a “buy” rating for the company in a research note on Wednesday, May 21st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, J.Jill currently has an average rating of “Moderate Buy” and an average target price of $33.40.

J.Jill Stock Performance

NYSE:JILL opened at $15.51 on Thursday. The firm has a market cap of $237.04 million, a PE ratio of 5.48 and a beta of 0.60. J.Jill has a fifty-two week low of $14.37 and a fifty-two week high of $40.61. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.49 and a current ratio of 0.97. The business has a 50 day moving average price of $16.20 and a 200-day moving average price of $22.03.

J.Jill (NYSE:JILL) last released its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.10. The firm had revenue of $94.75 million during the quarter, compared to analyst estimates of $142.33 million. J.Jill had a return on equity of 71.30% and a net margin of 6.80%. Equities research analysts predict that J.Jill will post 3.36 earnings per share for the current year.

Institutional Trading of J.Jill

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JILL. Rhumbline Advisers increased its holdings in shares of J.Jill by 15.5% during the fourth quarter. Rhumbline Advisers now owns 7,079 shares of the specialty retailer’s stock valued at $196,000 after acquiring an additional 950 shares in the last quarter. Bank of New York Mellon Corp boosted its position in J.Jill by 186.1% in the fourth quarter. Bank of New York Mellon Corp now owns 106,856 shares of the specialty retailer’s stock worth $2,951,000 after purchasing an additional 69,511 shares during the last quarter. Anchor Capital Advisors LLC boosted its position in J.Jill by 6.1% in the fourth quarter. Anchor Capital Advisors LLC now owns 54,119 shares of the specialty retailer’s stock worth $1,495,000 after purchasing an additional 3,090 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in J.Jill by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 78,440 shares of the specialty retailer’s stock worth $2,167,000 after purchasing an additional 1,296 shares during the last quarter. Finally, Royce & Associates LP boosted its position in J.Jill by 36.4% in the fourth quarter. Royce & Associates LP now owns 576,031 shares of the specialty retailer’s stock worth $15,910,000 after purchasing an additional 153,568 shares during the last quarter. Hedge funds and other 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.