J.Jill (NYSE:JILL) Downgraded by ValuEngine to Sell

ValuEngine downgraded shares of J.Jill (NYSE:JILL) from a hold rating to a sell rating in a report published on Tuesday, ValuEngine reports.

JILL has been the topic of a number of other research reports. Morgan Stanley cut their price target on shares of J.Jill from $7.00 to $2.00 and set an equal weight rating on the stock in a report on Friday, May 31st. Bank of America lowered shares of J.Jill from a buy rating to a neutral rating and set a $2.00 price target on the stock. in a report on Friday, May 31st. Zacks Investment Research upgraded shares of J.Jill from a hold rating to a buy rating and set a $2.25 price target on the stock in a report on Friday, September 6th. Finally, Deutsche Bank downgraded shares of J.Jill from a buy rating to a hold rating and lowered their price objective for the company from $9.00 to $1.68 in a research report on Friday, May 31st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of $3.82.

Shares of JILL stock traded down $0.05 during trading hours on Tuesday, reaching $2.33. 6,475 shares of the stock traded hands, compared to its average volume of 733,286. J.Jill has a 1-year low of $1.24 and a 1-year high of $7.51. The business has a fifty day moving average price of $1.93 and a 200 day moving average price of $3.56. The company has a quick ratio of 0.36, a current ratio of 0.97 and a debt-to-equity ratio of 2.70. The firm has a market capitalization of $108.49 million, a PE ratio of 3.24, a PEG ratio of 0.96 and a beta of 3.36.

J.Jill (NYSE:JILL) last released its quarterly earnings results on Tuesday, August 27th. The specialty retailer reported ($0.05) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.09) by $0.04. J.Jill had a negative net margin of 11.90% and a positive return on equity of 5.52%. The business had revenue of $180.74 million for the quarter, compared to analyst estimates of $178.65 million. During the same quarter in the previous year, the business earned $0.24 earnings per share. The firm’s revenue was up .6% compared to the same quarter last year. Research analysts expect that J.Jill will post 0.22 earnings per share for the current fiscal year.

In related news, major shareholder Investors Ltd. Towerbrook acquired 29,105 shares of the stock in a transaction that occurred on Wednesday, July 3rd. The shares were purchased at an average cost of $2.00 per share, with a total value of $58,210.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Linda Heasley bought 60,245 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was acquired at an average cost of $1.65 per share, with a total value of $99,404.25. Following the completion of the transaction, the chief executive officer now directly owns 210,196 shares of the company’s stock, valued at $346,823.40. The disclosure for this purchase can be found here. Insiders have purchased 852,195 shares of company stock worth $1,443,878 over the last ninety days. 6.20% of the stock is currently owned by insiders.

A number of hedge funds have recently bought and sold shares of the business. Paradigm Capital Management Inc. NY grew its position in J.Jill by 2.2% in the second quarter. Paradigm Capital Management Inc. NY now owns 1,520,000 shares of the specialty retailer’s stock worth $3,025,000 after acquiring an additional 32,000 shares in the last quarter. Vanguard Group Inc. grew its position in J.Jill by 74.2% in the second quarter. Vanguard Group Inc. now owns 960,041 shares of the specialty retailer’s stock worth $1,911,000 after acquiring an additional 408,992 shares in the last quarter. Jefferies Group LLC bought a new stake in J.Jill in the second quarter worth approximately $759,000. Hengehold Capital Management LLC bought a new stake in J.Jill in the second quarter worth approximately $398,000. Finally, JPMorgan Chase & Co. grew its position in J.Jill by 1,203.0% in the second quarter. JPMorgan Chase & Co. now owns 174,528 shares of the specialty retailer’s stock worth $377,000 after acquiring an additional 161,134 shares in the last quarter. 27.73% of the stock is owned by institutional investors.

J.Jill Company Profile

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand name in the United States. The company offers knit and woven tops, bottoms, and dresses, as well as sweaters and outerwear; and complementary footwear and accessories, including scarves, jewelry, and hosiery.

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Analyst Recommendations for J.Jill (NYSE:JILL)

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