Brokerages Anticipate J.Jill Inc (JILL) Will Post Quarterly Sales of $162.22 Million
Equities research analysts expect J.Jill Inc (NASDAQ:JILL) to report $162.22 million in sales for the current quarter, Zacks reports. Four analysts have provided estimates for J.Jill’s earnings, with the lowest sales estimate coming in at $161.98 million and the highest estimate coming in at $162.6 million. The business is scheduled to report its next quarterly earnings report before the market opens on Wednesday, May 31st.
On average, analysts expect that J.Jill will report full year sales of $162.22 million for the current year, with estimates ranging from $698 million to $708.06 million. For the next year, analysts anticipate that the business will report sales of $764.28 million per share, with estimates ranging from $762 million to $768 million. Zacks’ sales averages are an average based on a survey of sell-side analysts that follow J.Jill.
J.Jill (NASDAQ:JILL) last issued its earnings results on Thursday, March 30th. The specialty retailer reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $166.92 million for the quarter.
A number of research firms have recently weighed in on JILL. Bank of America Corp began coverage on shares of J.Jill in a research report on Monday, April 3rd. They issued a “buy” rating and a $18.00 target price on the stock. Cowen and Company reaffirmed an “outperform” rating and issued a $17.00 target price on shares of J.Jill in a research report on Monday, April 3rd. SunTrust Banks, Inc. began coverage on shares of J.Jill in a research note on Monday, April 3rd. They issued a “buy” rating and a $16.00 price target on the stock. Jefferies Group LLC began coverage on shares of J.Jill in a research note on Monday, April 3rd. They issued a “buy” rating and a $17.00 price target on the stock. Finally, Macquarie began coverage on shares of J.Jill in a research note on Monday, April 3rd. They issued a “neutral” rating and a $14.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $16.13.
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J.Jill (NASDAQ:JILL) traded up 1.72% on Friday, hitting $11.21. 357,634 shares of the company’s stock were exchanged. The stock has a market cap of $490.40 million and a P/E ratio of 20.38. The firm has a 50 day moving average price of $13.23 and a 200-day moving average price of $13.10. J.Jill has a 52-week low of $10.94 and a 52-week high of $14.40.
In other J.Jill news, major shareholder Investors Ltd. Towerbrook sold 865,000 shares of the company’s stock in a transaction dated Tuesday, April 4th. The shares were sold at an average price of $12.09, for a total transaction of $10,457,850.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Several institutional investors have recently modified their holdings of the company. TD Asset Management Inc. purchased a new stake in J.Jill during the first quarter valued at about $216,000. Oxford Asset Management purchased a new stake in J.Jill during the first quarter valued at about $1,698,000. SG Americas Securities LLC purchased a new stake in J.Jill during the first quarter valued at about $164,000. RK Capital Management LLC purchased a new stake in J.Jill during the first quarter valued at about $7,173,000. Finally, Gilder Gagnon Howe & Co. LLC purchased a new stake in J.Jill during the first quarter valued at about $845,000.
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.
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