J.Jill (NYSE:JILL) Announces Quarterly Earnings Results, Beats Estimates By $0.10 EPS

J.Jill (NYSE:JILL) issued its earnings results on Tuesday. The specialty retailer reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.10, FiscalAI reports. J.Jill had a net margin of 5.60% and a return on equity of 36.33%. The company had revenue of $138.41 million during the quarter, compared to the consensus estimate of $135.55 million.

J.Jill Stock Performance

NYSE:JILL opened at $14.94 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.15 and a quick ratio of 0.64. J.Jill has a 1 year low of $13.32 and a 1 year high of $19.75. The stock’s 50 day simple moving average is $16.24 and its two-hundred day simple moving average is $15.76. The company has a market cap of $225.73 million, a price-to-earnings ratio of 6.82 and a beta of 0.92.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. XTX Topco Ltd bought a new position in J.Jill during the 4th quarter valued at about $347,000. First Trust Advisors LP lifted its stake in J.Jill by 3.7% in the second quarter. First Trust Advisors LP now owns 23,682 shares of the specialty retailer’s stock worth $347,000 after purchasing an additional 840 shares during the last quarter. Engineers Gate Manager LP lifted its stake in J.Jill by 30.7% in the second quarter. Engineers Gate Manager LP now owns 20,121 shares of the specialty retailer’s stock worth $295,000 after purchasing an additional 4,722 shares during the last quarter. Bridgeway Capital Management LLC purchased a new position in shares of J.Jill during the third quarter valued at approximately $288,000. Finally, American Century Companies Inc. boosted its position in shares of J.Jill by 39.7% during the second quarter. American Century Companies Inc. now owns 19,010 shares of the specialty retailer’s stock valued at $278,000 after buying an additional 5,406 shares during the period. 40.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

JILL has been the topic of several research analyst reports. Wall Street Zen upgraded J.Jill from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. TD Cowen reiterated a “hold” rating on shares of J.Jill in a research report on Wednesday, January 14th. Zacks Research cut J.Jill from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Telsey Advisory Group restated a “market perform” rating and issued a $16.00 price target on shares of J.Jill in a research note on Tuesday, March 24th. Finally, BTIG Research lowered their target price on shares of J.Jill from $26.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $18.00.

About J.Jill

J.Jill is a women’s apparel retailer specializing in modern, versatile clothing and accessories. The company designs and markets a range of products that emphasize comfort and style, including knitwear, woven tops, pants, dresses, outerwear, jewelry, and footwear. Through its in-house design team, J.Jill focuses on creating seasonal collections that appeal to women seeking effortless, mix-and-match wardrobes.

Products are sold through a multi-channel distribution network comprising company-operated boutiques, e-commerce platforms, and catalog sales.