J.Jill (NYSE:JILL) Shares Up 3.6% – What’s Next?

J.Jill, Inc. (NYSE:JILL) shot up 3.6% on Wednesday . The company traded as high as $16.71 and last traded at $16.4410. 85,802 shares traded hands during mid-day trading, an increase of 9% from the average session volume of 79,075 shares. The stock had previously closed at $15.87.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. TD Cowen reiterated a “hold” rating and set a $14.00 price objective (up from $13.00) on shares of J.Jill in a research note on Thursday, June 11th. BTIG Research reissued a “buy” rating and issued a $18.00 price objective on shares of J.Jill in a research note on Wednesday, June 10th. Telsey Advisory Group restated a “market perform” rating and set a $14.00 price objective (up from $13.00) on shares of J.Jill in a research report on Thursday, June 11th. Weiss Ratings upgraded J.Jill from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Finally, Zacks Research upgraded J.Jill from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $15.50.

J.Jill Trading Up 3.6%

The business’s 50 day simple moving average is $13.44 and its two-hundred day simple moving average is $14.50. The stock has a market cap of $245.79 million, a P/E ratio of 12.00 and a beta of 0.86. The company has a quick ratio of 0.60, a current ratio of 1.13 and a debt-to-equity ratio of 0.57.

J.Jill (NYSE:JILL) last announced its quarterly earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The company had revenue of $144.43 million during the quarter, compared to analysts’ expectations of $144.30 million. J.Jill had a return on equity of 24.44% and a net margin of 3.56%. As a group, analysts expect that J.Jill, Inc. will post 2.04 EPS for the current year.

J.Jill Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 24th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, June 24th. J.Jill’s dividend payout ratio (DPR) is presently 26.28%.

Institutional Trading of J.Jill

Several institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP raised its holdings in J.Jill by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock worth $3,208,000 after purchasing an additional 8,172 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of J.Jill by 12.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer’s stock valued at $357,000 after purchasing an additional 3,499 shares during the last quarter. 1492 Capital Management LLC acquired a new stake in shares of J.Jill during the first quarter worth $258,000. XTX Topco Ltd acquired a new stake in shares of J.Jill during the fourth quarter worth $347,000. Finally, Quadrature Capital Ltd bought a new position in J.Jill during the fourth quarter worth $150,000. Institutional investors own 40.71% of the company’s stock.

J.Jill Company Profile

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.