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

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating restated by research analysts at Telsey Advisory Group in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $16.00 target price on the specialty retailer’s stock. Telsey Advisory Group’s target price would suggest a potential upside of 1.43% from the stock’s current price.

Several other brokerages also recently commented on JILL. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a research note on Wednesday, October 8th. BTIG Research lowered their price target on J.Jill from $26.00 to $21.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Zacks Research raised J.Jill from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Wall Street Zen upgraded J.Jill from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Jefferies Financial Group set a $18.00 target price on J.Jill in a research note on Wednesday, December 10th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $18.00.

J.Jill Stock Up 5.4%

J.Jill stock opened at $15.78 on Tuesday. The firm has a market capitalization of $238.36 million, a price-to-earnings ratio of 7.20 and a beta of 0.94. The company’s 50 day simple moving average is $14.73 and its 200 day simple moving average is $15.70. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.15 and a quick ratio of 0.64. J.Jill has a fifty-two week low of $13.32 and a fifty-two week high of $28.94.

J.Jill (NYSE:JILL) last posted its earnings results on Wednesday, December 10th. The specialty retailer reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.18. The company had revenue of $150.53 million for the quarter, compared to analyst estimates of $148.38 million. J.Jill had a net margin of 5.60% and a return on equity of 36.33%. During the same period last year, the business posted $0.89 earnings per share. As a group, sell-side analysts anticipate that J.Jill will post 3.36 EPS for the current year.

Hedge Funds Weigh In On J.Jill

A number of large investors have recently bought and sold shares of JILL. BNP Paribas Financial Markets raised its holdings in shares of J.Jill by 83.1% in the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 673 shares during the last quarter. Copeland Capital Management LLC bought a new position in J.Jill in the second quarter valued at $56,000. Rhumbline Advisers increased its stake in J.Jill by 11.7% in the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock valued at $154,000 after buying an additional 829 shares during the last quarter. Occudo Quantitative Strategies LP acquired a new stake in J.Jill in the 3rd quarter valued at $201,000. Finally, Dynamic Technology Lab Private Ltd lifted its position in J.Jill by 40.0% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 11,210 shares of the specialty retailer’s stock worth $219,000 after buying an additional 3,205 shares in the last quarter. Institutional investors and hedge funds own 40.71% of the company’s stock.

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.