J.Jill (NYSE:JILL) Earns “Market Perform” Rating from Telsey Advisory Group

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group in a note issued to investors on Tuesday,Benzinga reports. They presently have a $16.00 target price on the specialty retailer’s stock. Telsey Advisory Group’s price objective would indicate a potential upside of 4.73% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Jefferies Financial Group set a $18.00 target price on shares of J.Jill in a research note on Wednesday, December 10th. BTIG Research cut their price target on J.Jill from $26.00 to $21.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a report on Thursday, January 22nd. Wall Street Zen upgraded J.Jill from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Finally, TD Cowen reissued a “hold” rating on shares of J.Jill in a report on Wednesday, January 14th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.00.

J.Jill Stock Performance

NYSE JILL opened at $15.28 on Tuesday. The company’s fifty day moving average is $16.35 and its two-hundred day moving average is $15.84. J.Jill has a 52-week low of $13.32 and a 52-week high of $20.10. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.15 and a quick ratio of 0.64. The firm has a market capitalization of $230.85 million, a price-to-earnings ratio of 6.98 and a beta of 0.92.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. XTX Topco Ltd bought a new position in J.Jill during the fourth quarter worth about $347,000. Quadrature Capital Ltd bought a new stake in shares of J.Jill in the 4th quarter valued at approximately $150,000. Invenomic Capital Management LP grew its stake in shares of J.Jill by 1.6% in the 4th quarter. Invenomic Capital Management LP now owns 203,227 shares of the specialty retailer’s stock valued at $2,788,000 after purchasing an additional 3,161 shares during the period. Bridgeway Capital Management LLC raised its holdings in shares of J.Jill by 77.1% in the 4th quarter. Bridgeway Capital Management LLC now owns 29,759 shares of the specialty retailer’s stock worth $408,000 after buying an additional 12,959 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of J.Jill by 10.8% in the 4th quarter. Barclays PLC now owns 11,417 shares of the specialty retailer’s stock worth $157,000 after buying an additional 1,111 shares in the last quarter. Institutional investors and hedge funds own 40.71% of the company’s stock.

About J.Jill

J.Jill is a women’s apparel retailer specializing in modern, versatile clothing and accessories. The company designs and markets a range of products that emphasize comfort and style, including knitwear, woven tops, pants, dresses, outerwear, jewelry, and footwear. Through its in-house design team, J.Jill focuses on creating seasonal collections that appeal to women seeking effortless, mix-and-match wardrobes.

Products are sold through a multi-channel distribution network comprising company-operated boutiques, e-commerce platforms, and catalog sales.