J.Jill (NYSE:JILL) Raised to Buy at Wall Street Zen

J.Jill (NYSE:JILL) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Friday.

Several other research firms have also recently weighed in on JILL. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $17.00 price target on shares of J.Jill in a report on Wednesday, September 3rd. Zacks Research cut shares of J.Jill from a “hold” rating to a “strong sell” rating in a report on Monday, September 15th. BTIG Research set a $26.00 price target on shares of J.Jill in a report on Thursday, September 4th. TD Cowen upped their price target on shares of J.Jill from $16.00 to $17.00 and gave the stock a “hold” rating in a report on Thursday, September 4th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a report on Saturday, September 27th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $20.00.

J.Jill Trading Down 2.6%

J.Jill stock opened at $16.31 on Friday. The stock has a market cap of $248.39 million, a P/E ratio of 6.82 and a beta of 0.90. J.Jill has a fifty-two week low of $13.36 and a fifty-two week high of $30.40. The firm’s fifty day moving average price is $16.84 and its 200-day moving average price is $16.30. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.64 and a current ratio of 1.11.

J.Jill (NYSE:JILL) last released its quarterly earnings results on Wednesday, September 3rd. The specialty retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.09. The firm had revenue of $153.99 million for the quarter, compared to analysts’ expectations of $148.02 million. J.Jill had a net margin of 6.12% and a return on equity of 40.48%. Equities research analysts forecast that J.Jill will post 3.36 earnings per share for the current fiscal year.

Institutional Trading of J.Jill

A number of hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in J.Jill by 0.7% during the first quarter. Bank of New York Mellon Corp now owns 107,650 shares of the specialty retailer’s stock valued at $2,102,000 after buying an additional 794 shares during the period. Rhumbline Advisers boosted its position in J.Jill by 11.7% during 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 period. First Trust Advisors LP boosted its position in J.Jill by 3.7% during the second quarter. First Trust Advisors LP now owns 23,682 shares of the specialty retailer’s stock valued at $347,000 after buying an additional 840 shares during the period. SummerHaven Investment Management LLC boosted its position in J.Jill by 4.1% during the second quarter. SummerHaven Investment Management LLC now owns 23,834 shares of the specialty retailer’s stock valued at $349,000 after buying an additional 930 shares during the period. Finally, American Century Companies Inc. boosted its position in J.Jill by 10.9% during the first quarter. American Century Companies Inc. now owns 13,604 shares of the specialty retailer’s stock valued at $266,000 after buying an additional 1,337 shares during the period. 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.