Telsey Advisory Group Analysts Lower Earnings Estimates for J.Jill, Inc. (NYSE:JILL)

J.Jill, Inc. (NYSE:JILL – Get Rating) – Investment analysts at Telsey Advisory Group reduced their Q1 2024 earnings estimates for shares of J.Jill in a research report issued to clients and investors on Wednesday, March 15th. Telsey Advisory Group analyst D. Telsey now forecasts that the specialty retailer will post earnings of $0.78 per share for the quarter, down from their previous forecast of $0.87. The consensus estimate for J.Jill’s current full-year earnings is $2.95 per share. Telsey Advisory Group also issued estimates for J.Jill’s Q2 2024 earnings at $1.18 EPS, Q3 2024 earnings at $0.82 EPS and FY2025 earnings at $3.28 EPS.

J.Jill Price Performance

Shares of J.Jill stock opened at $25.85 on Thursday. The firm has a market capitalization of $262.38 million, a PE ratio of 8.03 and a beta of 1.31. The company’s fifty day moving average price is $26.99 and its two-hundred day moving average price is $22.98. J.Jill has a 52-week low of $14.20 and a 52-week high of $30.36.

Institutional Investors Weigh In On J.Jill

Institutional investors and hedge funds have recently bought and sold shares of the business. Royce & Associates LP grew its holdings in shares of J.Jill by 12.2% in the 3rd quarter. Royce & Associates LP now owns 483,003 shares of the specialty retailer’s stock worth $8,023,000 after purchasing an additional 52,432 shares during the last quarter. Paradigm Capital Management Inc. NY bought a new stake in shares of J.Jill in the 3rd quarter worth about $664,000. Ritholtz Wealth Management bought a new stake in shares of J.Jill in the 3rd quarter worth about $205,000. Spark Investment Management LLC bought a new stake in shares of J.Jill in the 2nd quarter worth about $2,286,000. Finally, Dimensional Fund Advisors LP bought a new stake in shares of J.Jill in the 1st quarter worth about $226,000. Institutional investors own 17.63% of the company’s stock.

About J.Jill

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J.Jill, Inc engages in the business of retailing women’s apparel, accessories, and footwear. The firm markets its products through direct and retail channels under the J.Jill brand. It has two sub-brands, which includes Pure Jill and Wearever. The company was founded on February 17, 2011 and is headquartered in Quincy, MA.