J.Jill’s (JILL) “Market Perform” Rating Reiterated at Telsey Advisory Group

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating reiterated by analysts at Telsey Advisory Group in a note issued to investors on Thursday,Benzinga reports. They presently have a $17.00 price target on the specialty retailer’s stock. Telsey Advisory Group’s price target indicates a potential upside of 3.25% from the company’s previous close.

A number of other equities research analysts also recently weighed in on JILL. TD Cowen upped their price target on shares of J.Jill from $16.00 to $17.00 and gave the company a “hold” rating in a report on Thursday, September 4th. Cowen reaffirmed a “hold” rating on shares of J.Jill in a research report on Thursday, September 4th. Wall Street Zen upgraded J.Jill from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. BTIG Research reiterated a “buy” rating and issued a $26.00 target price on shares of J.Jill in a report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of J.Jill from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $20.00.

J.Jill Stock Down 1.7%

Shares of NYSE:JILL traded down $0.29 during midday trading on Thursday, hitting $16.47. 8,917 shares of the company’s stock traded hands, compared to its average volume of 97,964. The company has a market cap of $250.76 million, a PE ratio of 6.89 and a beta of 0.90. The firm’s fifty day moving average price is $15.44 and its two-hundred day moving average price is $15.86. J.Jill has a twelve month low of $13.32 and a twelve month high of $30.40. 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 issued its quarterly earnings results on Monday, January 8th. The specialty retailer reported $0.77 EPS for the quarter. The business had revenue of $150.20 million for the quarter. J.Jill had a net margin of 6.12% and a return on equity of 40.48%. On average, equities research analysts anticipate that J.Jill will post 3.36 EPS for the current fiscal year.

Institutional Trading of J.Jill

A number of institutional investors and hedge funds have recently modified their holdings of JILL. Millennium Management LLC raised its holdings in J.Jill by 502.7% in the third quarter. Millennium Management LLC now owns 74,335 shares of the specialty retailer’s stock worth $1,275,000 after purchasing an additional 62,001 shares during the period. Invenomic Capital Management LP acquired a new position in shares of J.Jill during the 3rd quarter worth approximately $3,431,000. Bank of America Corp DE raised its position in J.Jill by 1.8% during the third quarter. Bank of America Corp DE now owns 40,210 shares of the specialty retailer’s stock worth $690,000 after acquiring an additional 717 shares in the last quarter. Occudo Quantitative Strategies LP bought a new stake in J.Jill in the third quarter valued at approximately $201,000. Finally, Bridgeway Capital Management LLC bought a new position in shares of J.Jill in the third quarter valued at about $288,000. 40.71% of the stock is owned by institutional investors.

About J.Jill

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.