Brokers Issue Forecasts for J.Jill, Inc.’s FY2024 Earnings (NYSE:JILL)

J.Jill, Inc. (NYSE:JILL – Get Rating) – Research analysts at Telsey Advisory Group boosted their FY2024 earnings estimates for J.Jill in a research report issued to clients and investors on Wednesday, March 15th. Telsey Advisory Group analyst D. Telsey now anticipates that the specialty retailer will earn $3.01 per share for the year, up from their previous estimate of $2.95. The consensus estimate for J.Jill’s current full-year earnings is $2.95 per share. Telsey Advisory Group also issued estimates for J.Jill’s Q4 2024 earnings at $0.23 EPS.

J.Jill Stock Down 5.3 %

Shares of JILL opened at $24.48 on Friday. The firm has a 50-day moving average price of $26.98 and a 200 day moving average price of $23.00. The firm has a market capitalization of $248.47 million, a PE ratio of 8.73 and a beta of 1.31. J.Jill has a 52-week low of $14.20 and a 52-week high of $30.36.

Hedge Funds Weigh In On J.Jill

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royce & Associates LP grew its position in J.Jill by 12.2% in the 3rd quarter. Royce & Associates LP now owns 483,003 shares of the specialty retailer’s stock valued at $8,023,000 after buying an additional 52,432 shares in the last quarter. Paradigm Capital Management Inc. NY acquired a new stake in J.Jill in the 3rd quarter valued at about $664,000. Ritholtz Wealth Management acquired a new stake in J.Jill in the 3rd quarter valued at about $205,000. Invesco Ltd. acquired a new stake in J.Jill in the 1st quarter valued at about $230,000. Finally, Dimensional Fund Advisors LP acquired a new stake in J.Jill in the 1st quarter valued at about $226,000. Institutional investors own 17.63% of the company’s stock.

J.Jill Company Profile

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J.Jill, Inc engages in the business of retailing women’s apparel, accessories, and footwear. The firm markets its products through direct and retail channels under the J.Jill brand. It has two sub-brands, which includes Pure Jill and Wearever. The company was founded on February 17, 2011 and is headquartered in Quincy, MA.