Zacks Investment Research Lowers J.Jill (NYSE:JILL) to Sell

Zacks Investment Research downgraded shares of J.Jill (NYSE:JILL) from a hold rating to a sell rating in a research note issued to investors on Friday morning, Zacks.com reports.

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. “

JILL has been the topic of several other reports. Jefferies Financial Group cut shares of J.Jill from a buy rating to a hold rating and dropped their price objective for the stock from $5.00 to $1.50 in a research note on Thursday. ValuEngine raised J.Jill from a strong sell rating to a sell rating in a research note on Wednesday, September 25th. Two investment analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. J.Jill presently has an average rating of Hold and an average target price of $2.57.

JILL stock opened at $1.23 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.45 and a debt-to-equity ratio of 6.20. The company’s 50-day moving average price is $1.74 and its 200 day moving average price is $1.97. J.Jill has a 52 week low of $1.15 and a 52 week high of $7.51. The company has a market cap of $54.17 million, a P/E ratio of 1.71 and a beta of 3.29.

J.Jill (NYSE:JILL) last issued its earnings results on Thursday, December 5th. The specialty retailer reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.04). The company had revenue of $166.09 million during the quarter, compared to analysts’ expectations of $175.43 million. J.Jill had a negative net margin of 12.66% and a positive return on equity of 4.71%. On average, equities research analysts expect that J.Jill will post -0.03 earnings per share for the current year.

Several hedge funds have recently made changes to their positions in JILL. Strs Ohio raised its holdings in shares of J.Jill by 7.5% in the 2nd quarter. Strs Ohio now owns 91,700 shares of the specialty retailer’s stock worth $182,000 after purchasing an additional 6,400 shares during the period. SG Americas Securities LLC increased its position in shares of J.Jill by 612.3% in the second quarter. SG Americas Securities LLC now owns 71,943 shares of the specialty retailer’s stock worth $143,000 after acquiring an additional 61,843 shares in the last quarter. Brave Asset Management Inc. purchased a new position in shares of J.Jill in the 2nd quarter valued at $44,000. Stone Ridge Asset Management LLC raised its stake in shares of J.Jill by 28.0% in the 2nd quarter. Stone Ridge Asset Management LLC now owns 69,007 shares of the specialty retailer’s stock valued at $137,000 after acquiring an additional 15,100 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of J.Jill by 1,203.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 174,528 shares of the specialty retailer’s stock valued at $377,000 after acquiring an additional 161,134 shares during the period. Institutional investors and hedge funds own 28.17% of the company’s stock.

J.Jill Company Profile

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand name in the United States. The company offers knit and woven tops, bottoms, and dresses, as well as sweaters and outerwear; and complementary footwear and accessories, including scarves, jewelry, and hosiery.

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