J.Jill, Inc. (NYSE:JILL) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of J.Jill, Inc. (NYSE:JILL) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $39.33.

A number of research analysts have recently commented on JILL shares. TD Cowen reduced their target price on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research report on Thursday, September 5th. Jefferies Financial Group lowered their target price on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, September 4th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $38.00 target price on shares of J.Jill in a research report on Wednesday, September 4th.

Insiders Place Their Bets

In other J.Jill news, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $27.10, for a total transaction of $36,530.80. Following the sale, the chief financial officer now directly owns 105,112 shares of the company’s stock, valued at approximately $2,848,535.20. This represents a 1.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On J.Jill

A number of institutional investors have recently modified their holdings of JILL. Point72 Asia Singapore Pte. Ltd. bought a new position in J.Jill in the second quarter worth about $26,000. CWM LLC bought a new stake in shares of J.Jill in the 2nd quarter worth approximately $29,000. Meeder Asset Management Inc. acquired a new position in J.Jill during the 2nd quarter valued at approximately $34,000. Allspring Global Investments Holdings LLC bought a new position in J.Jill during the 2nd quarter worth $81,000. Finally, Banque Cantonale Vaudoise grew its stake in J.Jill by 58.4% during the 3rd quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer’s stock worth $155,000 after buying an additional 2,312 shares during the last quarter. Institutional investors own 40.71% of the company’s stock.

J.Jill Trading Down 1.8 %

NYSE:JILL opened at $24.41 on Wednesday. The business’s 50-day moving average is $24.86 and its two-hundred day moving average is $30.70. The firm has a market capitalization of $368.10 million, a PE ratio of 8.63 and a beta of 0.61. J.Jill has a 12 month low of $23.06 and a 12 month high of $40.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.89 and a quick ratio of 0.44.

J.Jill (NYSE:JILL) last announced its earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 EPS for the quarter, beating the consensus estimate of $0.94 by $0.11. The business had revenue of $155.24 million for the quarter, compared to the consensus estimate of $155.13 million. J.Jill had a return on equity of 90.61% and a net margin of 6.70%. During the same period last year, the business posted $1.10 EPS. Research analysts predict that J.Jill will post 3.31 earnings per share for the current fiscal year.

J.Jill Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 18th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.15%. The ex-dividend date was Wednesday, September 18th. J.Jill’s dividend payout ratio is currently 9.89%.

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.