TD Cowen Issues Positive Forecast for J.Jill (NYSE:JILL) Stock Price

J.Jill (NYSE:JILL) had its price target raised by TD Cowen from $15.00 to $17.00 in a research note published on Wednesday morning,Benzinga reports. TD Cowen currently has a hold rating on the specialty retailer’s stock.

A number of other brokerages have also recently weighed in on JILL. BTIG Research decreased their price target on shares of J.Jill from $26.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, December 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of J.Jill in a research note on Wednesday, October 8th. Cowen reissued a “hold” rating on shares of J.Jill in a report on Wednesday. Telsey Advisory Group reaffirmed a “market perform” rating and set a $16.00 price objective on shares of J.Jill in a research note on Tuesday. Finally, Zacks Research cut J.Jill from a “hold” rating to a “strong sell” rating in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $18.00.

J.Jill Stock Down 0.1%

J.Jill stock opened at $15.84 on Wednesday. The company has a market capitalization of $239.35 million, a P/E ratio of 7.23 and a beta of 0.94. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 1.15. J.Jill has a fifty-two week low of $13.32 and a fifty-two week high of $28.94. The stock has a 50-day simple moving average of $14.76 and a 200-day simple moving average of $15.70.

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

J.Jill Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 24th were given a $0.08 dividend. The ex-dividend date was Wednesday, December 24th. This represents a $0.32 dividend on an annualized basis and a yield of 2.0%. J.Jill’s dividend payout ratio (DPR) is presently 14.61%.

Hedge Funds Weigh In On J.Jill

A number of large investors have recently modified their holdings of the business. Royce & Associates LP lifted its holdings in shares of J.Jill by 22.5% in the 3rd quarter. Royce & Associates LP now owns 1,204,103 shares of the specialty retailer’s stock valued at $20,650,000 after buying an additional 221,218 shares during the period. Invenomic Capital Management LP acquired a new stake in J.Jill in the third quarter valued at $3,431,000. Fund 1 Investments LLC boosted its position in shares of J.Jill by 22.8% during the 2nd quarter. Fund 1 Investments LLC now owns 936,248 shares of the specialty retailer’s stock worth $13,707,000 after purchasing an additional 173,785 shares in the last quarter. Marshall Wace LLP boosted its position in shares of J.Jill by 931.8% during the 2nd quarter. Marshall Wace LLP now owns 147,892 shares of the specialty retailer’s stock worth $2,165,000 after purchasing an additional 133,558 shares in the last quarter. Finally, Paradigm Capital Management Inc. NY grew its stake in shares of J.Jill by 13.5% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,057,300 shares of the specialty retailer’s stock worth $15,479,000 after purchasing an additional 125,838 shares during the period. 40.71% of the stock is owned by hedge funds and other institutional investors.

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.