Telsey Advisory Group Reiterates “Market Perform” Rating for J.Jill (NYSE:JILL)

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating reaffirmed by research analysts at Telsey Advisory Group in a research note issued on Wednesday,Benzinga reports. They currently have a $31.00 target price on the specialty retailer’s stock. Telsey Advisory Group’s target price points to a potential upside of 70.89% from the stock’s current price.

J.Jill Stock Performance

Shares of J.Jill stock opened at $18.14 on Wednesday. The business has a fifty day simple moving average of $25.43 and a two-hundred day simple moving average of $25.97. The company has a current ratio of 0.97, a quick ratio of 0.49 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $278.27 million, a P/E ratio of 6.41 and a beta of 0.55. J.Jill has a 12 month low of $18.04 and a 12 month high of $40.61.

J.Jill (NYSE:JILL) last posted its quarterly earnings results on Wednesday, December 11th. The specialty retailer reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.09. J.Jill had a return on equity of 71.30% and a net margin of 6.80%. On average, equities analysts forecast that J.Jill will post 3.36 earnings per share for the current fiscal year.

Insider Transactions at J.Jill

In other news, CEO Claire Spofford sold 5,000 shares of J.Jill stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $26.57, for a total value of $132,850.00. Following the completion of the transaction, the chief executive officer now owns 132,205 shares of the company’s stock, valued at $3,512,686.85. The trade was a 3.64 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 15,000 shares of company stock valued at $399,400 in the last quarter. 6.70% of the stock is owned by insiders.

Institutional Investors Weigh In On J.Jill

Several large investors have recently bought and sold shares of JILL. Janney Montgomery Scott LLC increased its holdings in J.Jill by 9.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 30,491 shares of the specialty retailer’s stock worth $752,000 after buying an additional 2,633 shares in the last quarter. Los Angeles Capital Management LLC increased its holdings in J.Jill by 22.3% in the 3rd quarter. Los Angeles Capital Management LLC now owns 10,540 shares of the specialty retailer’s stock worth $260,000 after buying an additional 1,920 shares in the last quarter. Victory Capital Management Inc. bought a new stake in J.Jill in the 3rd quarter worth about $290,000. Royce & Associates LP grew its stake in shares of J.Jill by 39.3% during the 3rd quarter. Royce & Associates LP now owns 422,463 shares of the specialty retailer’s stock valued at $10,422,000 after purchasing an additional 119,282 shares during the period. Finally, Quest Partners LLC bought a new stake in shares of J.Jill during the 3rd quarter valued at about $288,000. 40.71% of the stock is currently 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.