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 stock analysts at Telsey Advisory Group in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $21.00 price objective on the specialty retailer’s stock. Telsey Advisory Group’s price target would suggest a potential upside of 48.73% from the company’s previous close.

Separately, Jefferies Financial Group dropped their target price on shares of J.Jill from $33.00 to $26.00 and set a “buy” rating for the company in a report on Wednesday, May 21st.

J.Jill Stock Down 0.1%

JILL opened at $14.12 on Wednesday. J.Jill has a twelve month low of $13.61 and a twelve month high of $40.00. The company has a quick ratio of 0.49, a current ratio of 0.97 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average price of $15.97 and a 200-day moving average price of $21.64. The stock has a market capitalization of $215.80 million, a price-to-earnings ratio of 4.99 and a beta of 0.52.

J.Jill (NYSE:JILL) last posted its quarterly earnings data on Wednesday, June 11th. The specialty retailer reported $0.88 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.88. The company had revenue of $153.62 million for the quarter, compared to the consensus estimate of $156.90 million. J.Jill had a net margin of 6.80% and a return on equity of 71.30%. During the same quarter last year, the firm posted $1.22 earnings per share. Equities research analysts forecast that J.Jill will post 3.36 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of JILL. Divisadero Street Capital Management LP lifted its holdings in shares of J.Jill by 6.1% in the 4th quarter. Divisadero Street Capital Management LP now owns 1,592,886 shares of the specialty retailer’s stock valued at $43,996,000 after acquiring an additional 91,545 shares during the last quarter. Fund 1 Investments LLC boosted its position in J.Jill by 48.1% in the 4th quarter. Fund 1 Investments LLC now owns 298,429 shares of the specialty retailer’s stock valued at $8,243,000 after buying an additional 96,982 shares during the period. Paradigm Capital Management Inc. NY grew its stake in J.Jill by 45.0% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 921,300 shares of the specialty retailer’s stock worth $25,446,000 after purchasing an additional 285,715 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in shares of J.Jill during the 4th quarter worth $2,211,000. Finally, Man Group plc bought a new position in J.Jill during the 4th quarter worth about $1,331,000. 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.