J.Jill (JILL) Cut to Sell at Zacks Investment Research

J.Jill (NYSE:JILL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Wednesday.

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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Several other research firms also recently issued reports on JILL. ValuEngine downgraded J.Jill from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Royal Bank of Canada restated a “hold” rating and set a $6.00 price objective on shares of J.Jill in a report on Friday, March 16th. Deutsche Bank cut their price objective on J.Jill from $15.00 to $5.00 and set a “buy” rating on the stock in a report on Monday. Morgan Stanley restated an “equal weight” rating and set a $8.00 price objective (down previously from $11.00) on shares of J.Jill in a report on Friday, March 16th. Finally, SunTrust Banks set a $5.00 price objective on J.Jill and gave the stock a “hold” rating in a report on Thursday, March 15th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. J.Jill currently has a consensus rating of “Hold” and a consensus price target of $10.10.

Shares of JILL stock opened at $4.32 on Wednesday. J.Jill has a 1-year low of $4.18 and a 1-year high of $14.40. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.27 and a quick ratio of 0.48. The firm has a market cap of $194.68 and a PE ratio of 3.40.

J.Jill (NYSE:JILL) last issued its quarterly earnings results on Thursday, March 15th. The specialty retailer reported $0.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.05. J.Jill had a net margin of 7.93% and a return on equity of 24.25%. The company had revenue of $188.70 million during the quarter, compared to the consensus estimate of $179.64 million. During the same period in the prior year, the company earned $0.08 EPS. J.Jill’s revenue was up 13.1% on a year-over-year basis. equities research analysts anticipate that J.Jill will post 0.8 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of JILL. B. Riley Financial Inc. acquired a new position in shares of J.Jill in the 3rd quarter valued at about $109,000. Two Sigma Advisers LP acquired a new position in shares of J.Jill in the 4th quarter valued at about $100,000. Acadian Asset Management LLC acquired a new position in shares of J.Jill in the 4th quarter valued at about $114,000. Tower Research Capital LLC TRC increased its holdings in shares of J.Jill by 455.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 17,934 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 14,706 shares during the period. Finally, First National Bank of Omaha increased its holdings in shares of J.Jill by 23.4% in the 4th quarter. First National Bank of Omaha now owns 89,118 shares of the specialty retailer’s stock valued at $695,000 after purchasing an additional 16,926 shares during the period. Hedge funds and other institutional investors own 23.97% of the company’s stock.

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About J.Jill

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.

Analyst Recommendations for J.Jill (NYSE:JILL)

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