Wall Street analysts predict that J.Jill Inc (NYSE:JILL) will announce $178.02 million in sales for the current fiscal quarter, Zacks reports. Four analysts have made estimates for J.Jill’s earnings, with the lowest sales estimate coming in at $174.10 million and the highest estimate coming in at $181.00 million. J.Jill reported sales of $166.92 million during the same quarter last year, which would suggest a positive year over year growth rate of 6.6%. The company is expected to announce its next earnings results on Thursday, March 29th.
According to Zacks, analysts expect that J.Jill will report full-year sales of $178.02 million for the current financial year, with estimates ranging from $683.60 million to $691.60 million. For the next financial year, analysts anticipate that the firm will post sales of $727.30 million per share, with estimates ranging from $708.00 million to $742.60 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow J.Jill.
J.Jill (NYSE:JILL) last released its quarterly earnings data on Tuesday, December 5th. The specialty retailer reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.04. The company had revenue of $162.00 million during the quarter, compared to the consensus estimate of $156.20 million. J.Jill had a net margin of 4.15% and a return on equity of 23.68%. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis.
Several analysts have issued reports on the stock. Jefferies Group set a $13.00 target price on shares of J.Jill and gave the stock a “buy” rating in a research note on Thursday, October 12th. Zacks Investment Research upgraded shares of J.Jill from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. ValuEngine cut shares of J.Jill from a “buy” rating to a “hold” rating in a research report on Friday. Morgan Stanley cut shares of J.Jill from an “overweight” rating to an “equal weight” rating in a research report on Thursday, October 12th. Finally, Royal Bank of Canada cut shares of J.Jill from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 12th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $15.00.
In other news, CFO David Biese purchased 12,500 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were acquired at an average price of $7.28 per share, with a total value of $91,000.00. Following the acquisition, the chief financial officer now directly owns 533,758 shares in the company, valued at $3,885,758.24. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Paula Bennett purchased 25,000 shares of the business’s stock in a transaction on Thursday, December 14th. The stock was purchased at an average cost of $7.28 per share, for a total transaction of $182,000.00. The disclosure for this purchase can be found here. 8.70% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of JILL. Wasatch Advisors Inc. purchased a new position in J.Jill during the 4th quarter valued at about $9,814,000. Tributary Capital Management LLC bought a new stake in J.Jill during the third quarter valued at approximately $10,036,000. RK Capital Management LLC grew its position in J.Jill by 94.1% during the third quarter. RK Capital Management LLC now owns 499,094 shares of the specialty retailer’s stock valued at $5,435,000 after buying an additional 241,927 shares during the period. Boston Partners raised its stake in J.Jill by 93.8% during the third quarter. Boston Partners now owns 483,888 shares of the specialty retailer’s stock valued at $5,270,000 after purchasing an additional 234,190 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its stake in J.Jill by 43.5% during the third quarter. Alyeska Investment Group L.P. now owns 732,199 shares of the specialty retailer’s stock valued at $7,974,000 after purchasing an additional 221,879 shares in the last quarter. 34.37% of the stock is owned by institutional investors.
J.Jill (JILL) traded down $0.14 during midday trading on Thursday, reaching $8.18. 288,418 shares of the company’s stock traded hands, compared to its average volume of 301,159. J.Jill has a fifty-two week low of $4.74 and a fifty-two week high of $14.40. The company has a quick ratio of 0.48, a current ratio of 1.27 and a debt-to-equity ratio of 1.63. The stock has a market cap of $357.86 and a PE ratio of 12.58.
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J.Jill, Inc (J.Jill) operates as a specialty retailer in the women’s apparel industry. J.Jill is a women’s apparel brand focused on customer in the 40-65 age segment. The Company operates an integrated omni-channel platform that is diversified across its retail stores, Website and catalogs.
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