J.Jill's (JILL) "Market Perform" Rating Reaffirmed at Telsey Advisory Group

J.Jill (NYSE:JILL - Get Free Report)'s stock had its "market perform" rating reissued by equities research analysts at Telsey Advisory Group in a note issued to investors on Wednesday, MarketBeat Ratings reports. They currently have a $38.00 target price on the specialty retailer's stock. Telsey Advisory Group's price objective indicates a potential upside of 43.34% from the stock's current price.

Several other analysts have also recently commented on the company. Lake Street Capital raised their price target on J.Jill from $38.00 to $44.00 and gave the company a "buy" rating in a report on Monday, June 10th. BTIG Research began coverage on shares of J.Jill in a research report on Wednesday, July 10th. They set a "buy" rating and a $44.00 target price on the stock. Jefferies Financial Group cut their price target on shares of J.Jill from $44.00 to $40.00 and set a "buy" rating on the stock in a research note on Wednesday. Finally, TD Cowen assumed coverage on shares of J.Jill in a report on Monday, August 12th. They issued a "hold" rating and a $37.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $39.33.

J.Jill Stock Performance

NYSE:JILL traded down $0.29 during midday trading on Wednesday, hitting $26.51. The company's stock had a trading volume of 546,226 shares, compared to its average volume of 129,342. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.00 and a quick ratio of 0.67. The firm's 50 day moving average is $35.19 and its 200-day moving average is $31.38. J.Jill has a fifty-two week low of $23.06 and a fifty-two week high of $40.61. The firm has a market cap of $284.93 million, a P/E ratio of 7.91 and a beta of 0.61.

J.Jill (NYSE:JILL - Get Free Report) last issued its earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.94 by $0.11. The business had revenue of $155.24 million during the quarter, compared to analysts' expectations of $155.13 million. J.Jill had a net margin of 7.84% and a return on equity of 136.44%. During the same period in the prior year, the business earned $1.10 earnings per share. Equities analysts anticipate that J.Jill will post 3.5 earnings per share for the current fiscal year.

Insider Activity at J.Jill

In other news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the business's stock in a transaction that occurred on 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 transaction, 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other J.Jill news, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction on Monday, August 5th. The shares were 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 owns 107,808 shares in the company, valued at $3,483,276.48. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the stock in a transaction dated 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 completion of the transaction, the director now directly owns 4,021,444 shares in the company, valued at $124,664,764. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,326,190 shares of company stock worth $41,210,657. 6.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On J.Jill

Large investors have recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of J.Jill during the second quarter worth about $26,000. CWM LLC bought a new position in J.Jill in the 2nd quarter worth about $29,000. Meeder Asset Management Inc. bought a new stake in J.Jill during the second quarter worth about $34,000. Allspring Global Investments Holdings LLC bought a new stake in shares of J.Jill in the 2nd quarter worth approximately $81,000. Finally, Hillsdale Investment Management Inc. bought a new position in J.Jill during the 4th quarter worth approximately $155,000. 40.71% of the stock is currently owned by institutional investors and hedge funds.

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.