J.Jill (JILL) Downgraded by Zacks Investment Research

Zacks Investment Research downgraded shares of J.Jill (NYSE:JILL) from a strong-buy rating to a hold rating in a report released on Wednesday, March 14th.

According to Zacks, “J.Jill, Inc. operates as a specialty retailer of womens apparel. The Company offers sweaters, tops, pants, dresses, shorts, skirts, sleepwear and accessories. It markets through retail stores, website and catalog. J.Jill, Inc. is headquartered in Quincy, Massachusetts. “

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Separately, ValuEngine downgraded J.Jill from a buy rating to a hold rating in a report on Sunday, December 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of $7.57.

Shares of JILL stock traded down $0.07 during trading hours on Wednesday, hitting $4.80. The stock had a trading volume of 623,718 shares, compared to its average volume of 1,309,752. The company has a market capitalization of $209.99 and a P/E ratio of 6.08. J.Jill has a twelve month low of $4.17 and a twelve month high of $14.25. The company has a current ratio of 1.27, a quick ratio of 0.48 and a debt-to-equity ratio of 1.63.

J.Jill (NYSE:JILL) last posted its quarterly earnings data on Thursday, March 15th. The specialty retailer reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.05. The business had revenue of $188.70 million during the quarter, compared to the consensus estimate of $179.64 million. J.Jill had a return on equity of 24.25% and a net margin of 7.93%. The company’s revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.08 earnings per share. research analysts predict that J.Jill will post 0.69 EPS for the current fiscal year.

In related news, Director Michael A. Eck purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, March 21st. The stock was acquired at an average price of $4.53 per share, for a total transaction of $45,300.00. Following the completion of the purchase, the director now directly owns 22,707 shares of the company’s stock, valued at $102,862.71. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 8.70% of the stock is owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in the company. B. Riley Financial Inc. purchased a new stake in shares of J.Jill during the third quarter worth approximately $109,000. Two Sigma Advisers LP purchased a new stake in shares of J.Jill during the fourth quarter worth approximately $100,000. Acadian Asset Management LLC purchased a new stake in shares of J.Jill during the fourth quarter worth approximately $114,000. Tower Research Capital LLC TRC raised its stake in shares of J.Jill by 455.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 17,934 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 14,706 shares during the last quarter. Finally, First National Bank of Omaha raised its position in J.Jill by 23.4% in the fourth quarter. First National Bank of Omaha now owns 89,118 shares of the specialty retailer’s stock worth $695,000 after acquiring an additional 16,926 shares in the last quarter. Institutional investors and hedge funds own 23.97% of the company’s stock.

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J.Jill Company Profile

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. It operates in the retail and direct channels segment.

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