$156.10 Million in Sales Expected for J.Jill Inc (JILL) This Quarter
Equities research analysts predict that J.Jill Inc (NASDAQ:JILL) will post $156.10 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for J.Jill’s earnings, with the lowest sales estimate coming in at $154.10 million and the highest estimate coming in at $159.00 million. The company is scheduled to announce its next quarterly earnings results on Tuesday, December 5th.
On average, analysts expect that J.Jill will report full year sales of $156.10 million for the current year, with estimates ranging from $673.00 million to $685.00 million. For the next financial year, analysts anticipate that the company will report sales of $714.13 million per share, with estimates ranging from $681.91 million to $734.80 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that follow J.Jill.
J.Jill (NASDAQ:JILL) last posted its quarterly earnings results on Tuesday, August 29th. The specialty retailer reported $0.29 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29. The business had revenue of $181.40 million for the quarter, compared to analyst estimates of $179.02 million. J.Jill had a return on equity of 35.03% and a net margin of 6.61%. The firm’s quarterly revenue was up 9.9% on a year-over-year basis.
A number of research analysts have issued reports on the company. Royal Bank Of Canada reissued a “buy” rating and issued a $16.00 target price on shares of J.Jill in a research note on Thursday, August 17th. Zacks Investment Research lowered J.Jill from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Jefferies Group LLC restated a “buy” rating and issued a $17.00 price target on shares of J.Jill in a report on Thursday, August 24th. Morgan Stanley lowered J.Jill from an “overweight” rating to an “equal weight” rating in a report on Thursday, October 12th. Finally, BidaskClub upgraded J.Jill from a “sell” rating to a “hold” rating in a report on Thursday, August 31st. One analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $15.00.
Shares of J.Jill (NASDAQ JILL) opened at $5.07 on Friday.
In other J.Jill news, Director Michael A. Eck acquired 10,000 shares of the company’s stock in a transaction on 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 can be accessed through the SEC website.
A number of large investors have recently added to or reduced their stakes in JILL. Tributary Capital Management LLC bought a new stake in J.Jill in the third quarter valued at approximately $10,036,000. Numeric Investors LLC bought a new stake in J.Jill in the second quarter valued at approximately $6,038,000. Boston Advisors LLC bought a new stake in J.Jill in the second quarter valued at approximately $5,439,000. Spark Investment Management LLC raised its stake in J.Jill by 136.5% in the second quarter. Spark Investment Management LLC now owns 508,400 shares of the specialty retailer’s stock valued at $6,248,000 after buying an additional 293,408 shares during the period. Finally, Boston Partners bought a new stake in J.Jill in the second quarter valued at approximately $3,069,000.
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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