SunTrust Banks Comments on J.Jill Inc’s FY2018 Earnings (JILL)
J.Jill Inc (NASDAQ:JILL) – Stock analysts at SunTrust Banks dropped their FY2018 earnings per share (EPS) estimates for J.Jill in a research report issued on Thursday. SunTrust Banks analyst P. Quintiliano now anticipates that the specialty retailer will post earnings per share of $0.71 for the year, down from their prior estimate of $0.86. SunTrust Banks has a “Hold” rating on the stock. SunTrust Banks also issued estimates for J.Jill’s Q4 2018 earnings at $0.09 EPS and FY2019 earnings at $0.89 EPS.
JILL has been the topic of a number of other research reports. Zacks Investment Research cut shares of J.Jill from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Royal Bank Of Canada restated a “buy” rating and issued a $16.00 price objective on shares of J.Jill in a report on Thursday, August 17th. Morgan Stanley cut shares of J.Jill from an “overweight” rating to an “equal weight” rating in a report on Thursday. Jefferies Group LLC set a $13.00 price objective on shares of J.Jill and gave the stock a “buy” rating in a report on Thursday. Finally, BidaskClub upgraded shares of J.Jill from a “sell” rating to a “hold” rating in a report on Thursday, August 31st. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. J.Jill has a consensus rating of “Hold” and a consensus price target of $15.00.
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J.Jill (NASDAQ:JILL) last issued its earnings results on Tuesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29. The company had revenue of $181.40 million during the quarter, compared to the consensus estimate of $179.02 million. J.Jill had a return on equity of 35.03% and a net margin of 6.61%. J.Jill’s quarterly revenue was up 9.9% on a year-over-year basis.
Several hedge funds and other institutional investors have recently modified their holdings of JILL. Cubist Systematic Strategies LLC bought a new position in shares of J.Jill in the second quarter worth approximately $110,000. UBS Group AG bought a new position in shares of J.Jill in the first quarter worth approximately $121,000. Rhumbline Advisers bought a new position in shares of J.Jill in the second quarter worth approximately $135,000. SG Americas Securities LLC bought a new position in shares of J.Jill in the first quarter worth approximately $164,000. Finally, Virtu KCG Holdings LLC bought a new position in shares of J.Jill in the second quarter worth approximately $168,000.
In other news, Director Michael A. Eck bought 10,000 shares of the company’s stock in a transaction dated Thursday, August 31st. The shares were purchased at an average price of $9.92 per share, for a total transaction of $99,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
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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