J.Jill (NYSE:JILL) Trading Down 8.5%

J.Jill Inc (NYSE:JILL) traded down 8.5% during trading on Friday . The company traded as low as $2.25 and last traded at $2.26, 924,178 shares were traded during mid-day trading. An increase of 18% from the average session volume of 783,375 shares. The stock had previously closed at $2.47.

A number of equities research analysts have recently commented on the stock. ValuEngine cut shares of Valero Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, May 8th. Bank of America set a $77.00 price objective on shares of Zscaler and gave the company a “neutral” rating in a report on Friday, May 31st. TheStreet lowered shares of Vince from a “c-” rating to a “d” rating in a report on Thursday, April 11th. Morgan Stanley dropped their price objective on shares of Zuora from $22.00 to $16.00 and set an “equal weight” rating for the company in a report on Friday, May 31st. Finally, Deutsche Bank lowered shares of J.Jill from a “buy” rating to a “hold” rating and dropped their price objective for the company from $9.00 to $1.68 in a report on Friday, May 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $4.78.

The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.36 and a current ratio of 0.97. The company has a market capitalization of $99.66 million, a P/E ratio of 3.14, a PEG ratio of 1.06 and a beta of 3.33. The stock has a 50 day moving average price of $2.01.

J.Jill (NYSE:JILL) last announced its earnings results on Thursday, May 30th. The specialty retailer reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.07). The company had revenue of $176.40 million for the quarter, compared to analysts’ expectations of $179.93 million. J.Jill had a return on equity of 11.98% and a net margin of 3.37%. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same period last year, the business earned $0.29 EPS. Equities analysts anticipate that J.Jill Inc will post 0.19 earnings per share for the current fiscal year.

In related news, Director P. Kelly Mooney bought 16,850 shares of the stock in a transaction on Friday, June 7th. The stock was bought at an average price of $1.49 per share, with a total value of $25,106.50. Following the completion of the purchase, the director now directly owns 7,650 shares in the company, valued at approximately $11,398.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Linda Heasley bought 60,245 shares of the stock in a transaction on Monday, June 17th. The shares were bought at an average cost of $1.65 per share, with a total value of $99,404.25. Following the purchase, the chief executive officer now owns 210,196 shares of the company’s stock, valued at $346,823.40. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 927,667 shares of company stock valued at $1,560,939. 6.20% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Trust Advisors LP boosted its stake in shares of 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 purchasing an additional 3,975 shares during the period. Globeflex Capital L P boosted its stake in shares of J.Jill by 17.9% in the first quarter. Globeflex Capital L P now owns 26,986 shares of the specialty retailer’s stock valued at $148,000 after purchasing an additional 4,103 shares during the period. Cigna Investments Inc. New boosted its stake in shares of J.Jill by 34.4% in the first quarter. Cigna Investments Inc. New now owns 18,608 shares of the specialty retailer’s stock valued at $102,000 after purchasing an additional 4,762 shares during the period. Stone Ridge Asset Management LLC boosted its stake in shares of 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 purchasing an additional 4,772 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of 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 purchasing an additional 5,832 shares during the period. 34.76% of the stock is owned by institutional investors and hedge funds.

About J.Jill (NYSE: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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