J.Jill Inc (JILL) Expected to Post Quarterly Sales of $174.08 Million
Wall Street brokerages expect J.Jill Inc (NASDAQ:JILL) to announce sales of $174.08 million for the current fiscal quarter, according to Zacks. Four analysts have made estimates for J.Jill’s earnings. The highest sales estimate is $175.20 million and the lowest is $173.50 million. The business is expected to announce its next quarterly earnings report on Tuesday, December 5th.
According to Zacks, analysts expect that J.Jill will report full year sales of $174.08 million for the current fiscal year, with estimates ranging from $700.00 million to $717.95 million. For the next fiscal year, analysts anticipate that the firm will post sales of $767.58 million per share, with estimates ranging from $762.00 million to $774.13 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for J.Jill.
J.Jill (NASDAQ:JILL) last posted its earnings results on Tuesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.29. J.Jill had a return on equity of 25.34% and a net margin of 4.83%. The business had revenue of $181.40 million during the quarter, compared to analysts’ expectations of $179.02 million. The firm’s revenue was up 9.9% on a year-over-year basis.
A number of brokerages recently commented on JILL. Jefferies Group LLC set a $17.00 target price on J.Jill and gave the stock a “buy” rating in a report on Saturday, May 13th. Zacks Investment Research raised J.Jill from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Monday, June 5th. BidaskClub raised J.Jill from a “sell” rating to a “hold” rating in a report on Thursday, August 31st. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $16.00 price target on shares of J.Jill in a report on Thursday, August 17th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $15.40.
In other J.Jill news, Director Michael A. Eck purchased 10,000 shares of the firm’s stock in a transaction on Thursday, August 31st. The shares were acquired at an average cost of $9.92 per share, with a total value of $99,200.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
A number of large investors have recently bought and sold shares of JILL. TD Asset Management Inc. bought a new stake in J.Jill during the first quarter valued at about $216,000. Oxford Asset Management bought a new stake in J.Jill during the first quarter valued at about $1,698,000. SG Americas Securities LLC bought a new stake in J.Jill during the first quarter valued at about $164,000. RK Capital Management LLC bought a new stake in J.Jill during the first quarter valued at about $7,173,000. Finally, Gilder Gagnon Howe & Co. LLC bought a new stake in J.Jill during the first quarter valued at about $845,000.
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J.Jill (NASDAQ:JILL) traded down 0.60% during trading on Friday, reaching $9.89. The company had a trading volume of 240,389 shares. The firm’s 50-day moving average price is $11.15 and its 200 day moving average price is $12.33. The firm has a market capitalization of $432.66 million and a P/E ratio of 14.54. J.Jill has a one year low of $9.55 and a one year high of $14.40.
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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