J.Jill, Inc. (NYSE:JILL) Receives $18.00 Average Price Target from Analysts

J.Jill, Inc. (NYSE:JILL) has been given an average rating of “Hold” by the seven brokerages that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $18.00.

Several brokerages have commented on JILL. BTIG Research dropped their price target on shares of J.Jill from $26.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $16.00 target price on shares of J.Jill in a research report on Tuesday. Zacks Research cut shares of J.Jill from a “hold” rating to a “strong sell” rating in a research report on Monday. Wall Street Zen upgraded shares of J.Jill from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Finally, Jefferies Financial Group set a $18.00 target price on J.Jill in a research report on Wednesday, December 10th.

J.Jill Stock Up 6.4%

Shares of NYSE JILL opened at $16.89 on Friday. The business has a 50-day moving average of $14.81 and a two-hundred day moving average of $15.71. The company has a market capitalization of $255.15 million, a price-to-earnings ratio of 7.71 and a beta of 0.94. J.Jill has a 1 year low of $13.32 and a 1 year high of $28.94. 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 (NYSE:JILL) last released its quarterly earnings data on Wednesday, December 10th. The specialty retailer reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.18. The business had revenue of $150.53 million for the quarter, compared to the consensus estimate of $148.38 million. J.Jill had a return on equity of 36.33% and a net margin of 5.60%.During the same quarter in the prior year, the business posted $0.89 EPS. On average, analysts forecast that J.Jill will post 3.36 earnings per share for the current fiscal year.

J.Jill Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 24th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a $0.32 annualized dividend and a yield of 1.9%. J.Jill’s payout ratio is 14.61%.

Hedge Funds Weigh In On J.Jill

Hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets increased its holdings in shares of J.Jill by 83.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 673 shares during the period. Copeland Capital Management LLC acquired a new position in J.Jill in the second quarter valued at $56,000. Rhumbline Advisers raised its holdings in shares of J.Jill by 11.7% in the first 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. Dynamic Technology Lab Private Ltd raised its holdings in shares of J.Jill by 40.0% in the first quarter. Dynamic Technology Lab Private Ltd now owns 11,210 shares of the specialty retailer’s stock valued at $219,000 after buying an additional 3,205 shares during the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of J.Jill during the third quarter worth about $201,000. 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.