J.Jill (NYSE:JILL) Stock Rating Reaffirmed by Telsey Advisory Group

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating reiterated by equities research analysts at Telsey Advisory Group in a research note issued on Wednesday, MarketBeat.com reports. They presently have a $38.00 price target on the specialty retailer’s stock. Telsey Advisory Group’s price objective would suggest a potential upside of 43.34% from the company’s current price.

JILL has been the topic of a number of other research reports. Jefferies Financial Group lowered their price objective on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday. BTIG Research initiated coverage on J.Jill in a research note on Wednesday, July 10th. They issued a “buy” rating and a $44.00 price target on the stock. TD Cowen assumed coverage on J.Jill in a research report on Monday, August 12th. They set a “hold” rating and a $37.00 price objective for the company. Finally, Lake Street Capital raised their target price on J.Jill from $38.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, June 10th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $39.33.

J.Jill Stock Performance

Shares of JILL opened at $26.51 on Wednesday. The company has a market cap of $284.93 million, a price-to-earnings ratio of 7.91 and a beta of 0.61. The business’s fifty day simple moving average is $35.19 and its two-hundred day simple moving average is $31.38. J.Jill has a 12 month low of $23.06 and a 12 month high of $40.61. The company has a current ratio of 1.00, a quick ratio of 0.67 and a debt-to-equity ratio of 2.24.

J.Jill (NYSE:JILL) last released its quarterly earnings data on Wednesday, September 4th. The specialty retailer reported $1.05 EPS for the quarter, beating the consensus estimate of $0.94 by $0.11. J.Jill had a return on equity of 136.44% and a net margin of 7.84%. The company had revenue of $155.24 million for the quarter, compared to analysts’ expectations of $155.13 million. During the same period last year, the firm posted $1.10 earnings per share. Research analysts anticipate that J.Jill will post 3.5 earnings per share for the current fiscal year.

Insider Buying and Selling at J.Jill

In other news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the stock in a transaction on Friday, June 14th. The shares were sold at an average price of $31.00, for a total value of $40,300,000.00. Following the completion of the sale, the director now directly owns 4,021,444 shares of the company’s stock, valued at $124,664,764. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other J.Jill news, CEO Claire Spofford sold 10,000 shares of the stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $33.76, for a total transaction of $337,600.00. Following the completion of the sale, the chief executive officer now directly owns 204,961 shares of the company’s stock, valued at approximately $6,919,483.36. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Investors Ltd. Towerbrook sold 1,300,000 shares of J.Jill stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $31.00, for a total transaction of $40,300,000.00. Following the sale, the director now owns 4,021,444 shares in the company, valued at approximately $124,664,764. The disclosure for this sale can be found here. Insiders have sold 1,326,190 shares of company stock valued at $41,210,657 over the last 90 days. 6.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On J.Jill

Several institutional investors have recently bought and sold shares of JILL. Ghisallo Capital Management LLC purchased a new position in shares of J.Jill during the second quarter valued at about $3,147,000. AQR Capital Management LLC raised its holdings in shares of J.Jill by 16.6% during the 2nd quarter. AQR Capital Management LLC now owns 69,849 shares of the specialty retailer’s stock worth $2,443,000 after acquiring an additional 9,949 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of J.Jill during the 2nd quarter valued at approximately $26,000. Squarepoint Ops LLC grew its holdings in shares of J.Jill by 125.4% in the second quarter. Squarepoint Ops LLC now owns 18,166 shares of the specialty retailer’s stock valued at $635,000 after purchasing an additional 10,105 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its position in J.Jill by 69.9% in the second quarter. Cubist Systematic Strategies LLC now owns 31,662 shares of the specialty retailer’s stock worth $1,107,000 after purchasing an additional 13,022 shares during the last quarter. 40.71% of the stock is owned by hedge funds and other 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.