J.Jill, Inc. (NYSE:JILL) Receives $39.33 Consensus Target Price from Analysts

J.Jill, Inc. (NYSE:JILL) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $39.33.

A number of equities analysts recently issued reports on the stock. Telsey Advisory Group reissued a “market perform” rating and issued a $38.00 price target on shares of J.Jill in a research note on Wednesday, September 4th. BTIG Research began coverage on shares of J.Jill in a research note on Wednesday, July 10th. They issued a “buy” rating and a $44.00 price target on the stock. Jefferies Financial Group decreased their price target on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, September 4th. TD Cowen lowered their price objective on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research report on Thursday, September 5th. Finally, Lake Street Capital increased their target price on shares of J.Jill from $38.00 to $44.00 and gave the stock a “buy” rating in a report on Monday, June 10th.

J.Jill Stock Down 5.0 %

JILL stock opened at $24.22 on Friday. J.Jill has a 1-year low of $23.06 and a 1-year high of $40.61. The company has a current ratio of 0.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.76. The stock has a market cap of $260.37 million, a price-to-earnings ratio of 7.23 and a beta of 0.61. The company’s 50 day moving average is $34.56 and its 200 day moving average is $31.46.

J.Jill (NYSE:JILL) last issued its earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.11. J.Jill had a net margin of 6.70% and a return on equity of 90.61%. The company had revenue of $155.24 million for the quarter, compared to analysts’ expectations of $155.13 million. During the same quarter last year, the company earned $1.10 EPS. Sell-side analysts predict that J.Jill will post 3.31 EPS for the current fiscal year.

J.Jill Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Wednesday, September 18th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, September 18th. This represents a $0.28 annualized dividend and a yield of 1.16%. J.Jill’s dividend payout ratio (DPR) is presently 8.36%.

Insider Buying and Selling

In other J.Jill news, CFO Mark W. Webb sold 1,348 shares of J.Jill stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $27.10, for a total transaction of $36,530.80. Following the sale, the chief financial officer now owns 105,112 shares of the company’s stock, valued at approximately $2,848,535.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of J.Jill stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $31.00, for a total value of $40,300,000.00. Following the sale, the director now directly owns 4,021,444 shares in the company, valued at $124,664,764. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Mark W. Webb sold 1,348 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $27.10, for a total value of $36,530.80. Following the completion of the transaction, the chief financial officer now directly owns 105,112 shares of the company’s stock, valued at $2,848,535.20. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,327,538 shares of company stock valued at $41,247,187. 6.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On J.Jill

Several institutional investors have recently bought and sold shares of JILL. Dynamic Technology Lab Private Ltd bought a new stake in shares of J.Jill during the fourth quarter valued at about $703,000. Privium Fund Management UK Ltd purchased a new position in J.Jill during the 2nd quarter worth approximately $1,097,000. Russell Investments Group Ltd. acquired a new stake in shares of J.Jill in the fourth quarter worth $165,000. Janney Montgomery Scott LLC grew its holdings in shares of J.Jill by 17.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 22,774 shares of the specialty retailer’s stock valued at $587,000 after buying an additional 3,448 shares in the last quarter. Finally, Anchor Capital Advisors LLC acquired a new stake in J.Jill during the 2nd quarter worth about $1,020,000. 40.71% of the stock is currently 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.