J.Jill (NYSE:JILL) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

J.Jill (NYSE:JILL) released its quarterly earnings data on Tuesday. The specialty retailer reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.04, Briefing.com reports. The business had revenue of $180.74 million during the quarter, compared to analyst estimates of $178.65 million. J.Jill had a positive return on equity of 5.52% and a negative net margin of 11.90%. The company’s revenue was up .6% compared to the same quarter last year. During the same period last year, the company posted $0.24 EPS.

Shares of J.Jill stock opened at $1.97 on Friday. The stock has a market cap of $73.64 million, a PE ratio of 2.74, a price-to-earnings-growth ratio of 0.72 and a beta of 3.34. The business has a fifty day simple moving average of $1.97 and a 200-day simple moving average of $3.80. The company has a quick ratio of 0.36, a current ratio of 0.97 and a debt-to-equity ratio of 2.70. J.Jill has a 12 month low of $1.24 and a 12 month high of $7.51.

In other J.Jill news, Director P. Kelly Mooney bought 16,850 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was acquired at an average price of $1.49 per share, with a total value of $25,106.50. Following the completion of the transaction, the director now directly owns 7,650 shares in the company, valued at approximately $11,398.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael A. Eck bought 30,000 shares of the firm’s stock in a transaction dated Monday, June 10th. The stock was acquired at an average cost of $1.51 per share, with a total value of $45,300.00. Following the transaction, the director now owns 65,066 shares of the company’s stock, valued at $98,249.66. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 927,667 shares of company stock valued at $1,560,939. 6.20% of the stock is currently owned by insiders.

Several large investors have recently made changes to their positions in JILL. Paradigm Capital Management Inc. NY raised its holdings in shares of J.Jill by 39.8% during the first quarter. Paradigm Capital Management Inc. NY now owns 1,488,000 shares of the specialty retailer’s stock worth $8,169,000 after acquiring an additional 423,800 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of J.Jill by 74.2% during the second quarter. Vanguard Group Inc. now owns 960,041 shares of the specialty retailer’s stock worth $1,911,000 after acquiring an additional 408,992 shares in the last quarter. Jefferies Group LLC purchased a new stake in shares of J.Jill during the second quarter worth $759,000. Hengehold Capital Management LLC purchased a new stake in shares of J.Jill during the second quarter worth $398,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of J.Jill by 1,203.0% during the second quarter. JPMorgan Chase & Co. now owns 174,528 shares of the specialty retailer’s stock worth $377,000 after acquiring an additional 161,134 shares in the last quarter. Institutional investors and hedge funds own 30.50% of the company’s stock.

Several equities research analysts have recently weighed in on JILL shares. Zacks Investment Research raised J.Jill from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Deutsche Bank cut J.Jill from a “buy” rating to a “hold” rating and decreased their target price for the stock from $9.00 to $1.68 in a research report on Friday, May 31st. ValuEngine cut J.Jill from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 8th. Bank of America cut J.Jill from a “buy” rating to a “neutral” rating and set a $2.00 target price for the company. in a research report on Friday, May 31st. Finally, Morgan Stanley decreased their target price on J.Jill from $7.00 to $2.00 and set an “equal weight” rating for the company in a research report on Friday, May 31st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. J.Jill has an average rating of “Hold” and an average price target of $4.57.

About J.Jill

J.Jill, Inc operates as an omnichannel retailer for 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.

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Earnings History for J.Jill (NYSE:JILL)

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