J.Jill (JILL) Downgraded by ValuEngine to “Sell”

ValuEngine lowered shares of J.Jill (NYSE:JILL) from a hold rating to a sell rating in a research report sent to investors on Monday morning, ValuEngine reports.

Several other brokerages have also recently commented on JILL. TheStreet raised shares of J.Jill from a d+ rating to a c rating in a report on Wednesday, March 6th. Zacks Investment Research cut shares of J.Jill from a buy rating to a hold rating in a report on Tuesday, March 12th. Finally, Wells Fargo & Co lowered their target price on shares of J.Jill from $7.00 to $6.00 and set a market perform rating on the stock in a report on Wednesday, January 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock has an average rating of Hold and an average price target of $7.29.

Shares of JILL opened at $5.52 on Monday. J.Jill has a 12 month low of $4.30 and a 12 month high of $9.62. The company has a market cap of $240.18 million, a PE ratio of 7.67, a price-to-earnings-growth ratio of 0.75 and a beta of 1.91. The company has a current ratio of 1.69, a quick ratio of 0.91 and a debt-to-equity ratio of 1.13.

J.Jill (NYSE:JILL) last announced its earnings results on Wednesday, March 6th. The specialty retailer reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.02. J.Jill had a net margin of 4.32% and a return on equity of 15.80%. The company had revenue of $170.90 million for the quarter, compared to analysts’ expectations of $170.91 million. During the same period last year, the firm earned $0.13 earnings per share. The business’s revenue for the quarter was down 9.4% on a year-over-year basis. As a group, equities analysts predict that J.Jill will post 0.69 EPS for the current year.

The company also recently disclosed a special dividend, which was paid on Monday, April 1st. Investors of record on Tuesday, March 19th were paid a $1.15 dividend. The ex-dividend date was Monday, March 18th.

In related news, insider David Biese sold 171,429 shares of J.Jill stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $6.85, for a total value of $1,174,288.65. Following the transaction, the insider now directly owns 362,329 shares of the company’s stock, valued at $2,481,953.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 9.10% of the company’s stock.

A number of large investors have recently made changes to their positions in JILL. First Trust Advisors LP boosted its position in J.Jill by 18.7% in the fourth quarter. First Trust Advisors LP now owns 25,236 shares of the specialty retailer’s stock valued at $135,000 after buying an additional 3,975 shares in the last quarter. Stone Ridge Asset Management LLC boosted its position in J.Jill by 8.3% in the fourth quarter. Stone Ridge Asset Management LLC now owns 62,507 shares of the specialty retailer’s stock valued at $333,000 after buying an additional 4,772 shares in the last quarter. Northern Trust Corp boosted its position in J.Jill by 3.7% in the fourth quarter. Northern Trust Corp now owns 165,427 shares of the specialty retailer’s stock valued at $882,000 after buying an additional 5,832 shares in the last quarter. Rhumbline Advisers boosted its position in J.Jill by 38.8% in the fourth quarter. Rhumbline Advisers now owns 23,810 shares of the specialty retailer’s stock valued at $127,000 after buying an additional 6,650 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in J.Jill by 5.7% in the fourth quarter. Geode Capital Management LLC now owns 153,468 shares of the specialty retailer’s stock valued at $817,000 after buying an additional 8,231 shares in the last quarter. 24.96% of the stock is currently owned by institutional investors and hedge funds.

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.

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Analyst Recommendations for J.Jill (NYSE:JILL)

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