J.Jill (NYSE:JILL) Given New $32.00 Price Target at TD Cowen

J.Jill (NYSE:JILL - Get Free Report) had its target price reduced by investment analysts at TD Cowen from $37.00 to $32.00 in a research report issued on Thursday, Benzinga reports. The firm presently has a "hold" rating on the specialty retailer's stock. TD Cowen's target price would indicate a potential upside of 20.71% from the company's current price.

Several other research firms have also recently issued reports on JILL. Lake Street Capital increased their price objective on J.Jill from $38.00 to $44.00 and gave the stock a "buy" rating in a research report on Monday, June 10th. Telsey Advisory Group reiterated a "market perform" rating and issued a $38.00 price objective on shares of J.Jill in a research report on Wednesday. Jefferies Financial Group dropped their price target on J.Jill from $44.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday. Finally, BTIG Research assumed coverage on J.Jill in a research report on Wednesday, July 10th. They issued a "buy" rating and a $44.00 price target for the company. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $39.33.

J.Jill Stock Performance

Shares of NYSE JILL traded down $0.29 during mid-day trading on Thursday, hitting $26.51. 546,226 shares of the company were exchanged, compared to its average volume of 129,342. The company has a quick ratio of 0.67, a current ratio of 1.00 and a debt-to-equity ratio of 2.24. The stock has a 50 day simple moving average of $35.19 and a 200-day simple moving average of $31.38. J.Jill has a 1-year low of $23.06 and a 1-year high of $40.61. The firm has a market cap of $284.93 million, a price-to-earnings ratio of 7.91 and a beta of 0.61.

J.Jill (NYSE:JILL - Get Free Report) last issued its quarterly earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 earnings per share for the quarter, topping 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 firm had revenue of $155.24 million during the quarter, compared to the consensus estimate of $155.13 million. During the same period last year, the company earned $1.10 earnings per share. On average, sell-side analysts forecast that J.Jill will post 3.5 EPS for the current fiscal year.

Insider Activity at J.Jill

In related news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the stock in a transaction on Friday, June 14th. The stock was 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 of the company's stock, valued at $124,664,764. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other J.Jill news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the firm's stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $31.00, for a total value of $40,300,000.00. Following the sale, the director now directly owns 4,021,444 shares of the company's stock, valued at approximately $124,664,764. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Mark W. Webb sold 1,348 shares of the firm's stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $32.31, for a total value of $43,553.88. Following the completion of the sale, the chief financial officer now directly owns 107,808 shares in the company, valued at $3,483,276.48. The disclosure for this sale can be found here. Insiders have sold a total of 1,326,190 shares of company stock valued at $41,210,657 over the last quarter. Insiders own 6.70% of the company's stock.

Institutional Trading of J.Jill

A number of hedge funds have recently added to or reduced their stakes in JILL. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of J.Jill in the 2nd quarter valued at about $26,000. CWM LLC acquired a new position in shares of J.Jill in the 2nd quarter valued at about $29,000. Meeder Asset Management Inc. acquired a new position in shares of J.Jill in the 2nd quarter valued at about $34,000. Allspring Global Investments Holdings LLC acquired a new position in shares of J.Jill in the 2nd quarter valued at about $81,000. Finally, Hillsdale Investment Management Inc. acquired a new position in shares of J.Jill in the 4th quarter valued at about $155,000. 40.71% of the stock is owned by institutional investors and hedge funds.

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.