ValuEngine Lowers J.Jill (NYSE:JILL) to Sell

J.Jill (NYSE:JILL) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday, April 1st, ValuEngine reports.

A number of other research firms have also issued reports on JILL. Wells Fargo & Co lowered their price target on J.Jill from $7.00 to $6.00 and set a “market perform” rating on the stock in a report on Wednesday, January 2nd. Zacks Investment Research lowered J.Jill from a “buy” rating to a “hold” rating in a report on Friday, January 25th. Finally, TheStreet raised J.Jill from a “d+” rating to a “c” rating in a report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. J.Jill presently has a consensus rating of “Hold” and a consensus target price of $7.29.

Shares of JILL stock traded up $0.27 during mid-day trading on Monday, hitting $5.50. 765,800 shares of the stock were exchanged, compared to its average volume of 525,337. The firm has a market cap of $221.34 million, a price-to-earnings ratio of 7.64, a PEG ratio of 0.68 and a beta of 1.91. J.Jill has a 12-month low of $4.54 and a 12-month high of $9.62. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.95 and a current ratio of 1.70.

J.Jill (NYSE:JILL) last released its quarterly earnings results on Wednesday, March 6th. The specialty retailer reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.02. J.Jill had a return on equity of 15.56% and a net margin of 4.32%. The firm had revenue of $170.90 million for the quarter, compared to analyst estimates of $170.91 million. During the same quarter last year, the company posted $0.13 earnings per share. The business’s revenue was down 9.4% on a year-over-year basis. As a group, research analysts predict that J.Jill will post 0.69 EPS for the current year.

In other J.Jill news, insider David Biese sold 171,429 shares of J.Jill stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $6.85, for a total value of $1,174,288.65. Following the sale, the insider now owns 362,329 shares of the company’s stock, valued at approximately $2,481,953.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 9.10% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in JILL. Northern Trust Corp boosted its holdings in J.Jill by 7.9% in the 2nd quarter. Northern Trust Corp now owns 156,547 shares of the specialty retailer’s stock valued at $1,462,000 after purchasing an additional 11,516 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of J.Jill by 145.2% during the 3rd quarter. Victory Capital Management Inc. now owns 28,087 shares of the specialty retailer’s stock valued at $174,000 after acquiring an additional 16,630 shares during the period. Prudential Financial Inc. lifted its position in shares of J.Jill by 1.5% during the 3rd quarter. Prudential Financial Inc. now owns 651,499 shares of the specialty retailer’s stock valued at $4,026,000 after acquiring an additional 9,837 shares during the period. Martingale Asset Management L P lifted its position in shares of J.Jill by 84.3% during the 3rd quarter. Martingale Asset Management L P now owns 79,811 shares of the specialty retailer’s stock valued at $494,000 after acquiring an additional 36,500 shares during the period. Finally, Panagora Asset Management Inc. lifted its position in shares of J.Jill by 9.1% during the 3rd quarter. Panagora Asset Management Inc. now owns 484,627 shares of the specialty retailer’s stock valued at $2,995,000 after acquiring an additional 40,271 shares during the period. 24.96% of the stock is currently owned by institutional investors.

J.Jill Company Profile

J.Jill, Inc operates as an Omni channel retailer 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 for misses, petites, and women.

Further Reading: Balance Sheet

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Analyst Recommendations for J.Jill (NYSE:JILL)

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