J.Jill Inc (NASDAQ:JILL) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.08 to $0.10 for the period, compared to the Thomson Reuters consensus estimate of $0.19.

A number of brokerages have issued reports on JILL. Jefferies Group LLC set a $17.00 target price on shares of J.Jill and gave the company a buy rating in a report on Saturday, June 17th. Zacks Investment Research cut shares of J.Jill from a buy rating to a hold rating in a report on Tuesday, August 8th. Royal Bank Of Canada reissued a buy rating and set a $16.00 target price on shares of J.Jill in a report on Thursday, August 17th. Finally, BidaskClub raised shares of J.Jill from a sell rating to a hold rating in a report on Thursday, August 31st. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of $15.40.

Shares of J.Jill Inc (NASDAQ:JILL) traded down 2.17% on Wednesday, reaching $9.93. 271,938 shares of the company traded hands. The stock has a 50-day moving average price of $10.49 and a 200 day moving average price of $12.01. J.Jill Inc has a 1-year low of $9.55 and a 1-year high of $14.40. The firm has a market capitalization of $434.41 million and a P/E ratio of 14.60.

J.Jill (NASDAQ:JILL) last issued its quarterly earnings data on Tuesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, hitting analysts’ consensus estimates of $0.29. J.Jill had a net margin of 6.61% and a return on equity of 35.03%. The business had revenue of $181.40 million during the quarter, compared to analysts’ expectations of $179.02 million. J.Jill’s revenue was up 9.9% compared to the same quarter last year. Analysts anticipate that J.Jill Inc will post $0.84 EPS for the current fiscal year.

In other news, Director Michael A. Eck purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was purchased at an average cost of $9.92 per share, with a total value of $99,200.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

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A hedge fund recently bought a new stake in J.Jill stock. State Street Corp purchased a new stake in shares of J.Jill Inc (NASDAQ:JILL) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 112,112 shares of the specialty retailer’s stock, valued at approximately $1,378,000. State Street Corp owned approximately 0.26% of J.Jill at the end of the most recent quarter.

J.Jill Company Profile

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.

Earnings History and Estimates for J.Jill (NASDAQ:JILL)

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