J.Jill Inc. (NYSE: JILL) Seen Running Too Hot, Let’s Look At This More Closely

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    BlackRock Fund Advisors recently announced the acquisition of new stake in J.Jill Inc. (NYSE:JILL). The institutional investor has increased its shareholding in the Consumer Cyclical company by 0.40% to 1.18 million shares with purchase of 4761.0 shares. This fresh investment now brings its stake to 2.67% valued currently at $0.72 million. In addition, Renaissance Technologies LLC raised its holdings by 0.23 million to 0.72 million shares. And Invesco Capital Management LLC has lifted its position by 375.76% or 0.28 million shares – to 0.36 million shares.

    With over 0.35 million J.Jill Inc. (JILL) shares trading Wednesday and a closing price of $0.72 on the day, the dollar volume was approximately $0.26 million. The shares have shown a positive weekly performance of 4.12% and its price on 07/08/20 gained nearly 0.49%. Currently, there are 44.04M common shares owned by the public and among those 15.01M shares have been available to trade.

    Insiders at the company have transacted a total of 13 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 11 of these insider trades were purchases, accounting for 508,855 shares. Insider sales of the common stock occurred on 2 occasions, with total insider shares sold totaling 68,824 shares.

    The top 3 mutual fund holders in J.Jill Inc. are Invesco FTSE RAFI US 1500 Small M, iShares Russell 2000 ETF, and Target Portfolio Trust – PGIM QMA. Invesco FTSE RAFI US 1500 Small M owns 0.36 million shares of the company’s stock, all valued at over $0.22 million. The company has a total holdings of about 0.81% of the shares outstanding. iShares Russell 2000 ETF bought 3233.0 shares to see its total holdings expand to 0.33 million shares valued at over $0.2 million and representing 0.73% of the shares outstanding. Target Portfolio Trust – PGIM QMA has total holdings to over 0.27 million shares at a value of $0.17 million. Target Portfolio Trust – PGIM QMA now owns shares totaling to 0.61% of the shares outstanding.

    Shares of J.Jill Inc. (NYSE: JILL) opened at $0.70, down -$0.02 from a prior closing price of $0.72. However, the script later closed the day at $0.72, up 0.49%. The company’s stock has a 5-day price change of 4.12% and 85.65% over the past three months. JILL shares are trading -36.24% year to date (YTD), with the 12-month market performance down to -70.23% lower. It has a 12-month low price of $0.31 and touched a high of $2.58 over the same period. Currently, 0.35 million shares have been traded, compared to an average intraday trading volume of 1.17 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.88%, 18.47%, and -31.97% respectively.

    Institutional ownership of J.Jill Inc. (NYSE: JILL) shares accounts for 76.80% of the company’s 44.04M shares outstanding. Mutual fund holders own 70.91%, while other institutional holders and individual stakeholders account for 9.49% and 7.80% respectively.

    It has a market capitalization of $30.90M and a beta (3y monthly) value of 2.31. The stock’s earnings-per-share (ttm) stands at -$2.93. The company has a Quick Ratio of 0.40 with the debt-to-equity ratio at 6.06. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.75% over the week and 14.57% over the month.

    Analysts forecast that J.Jill Inc. (JILL) will achieve an EPS of -$0.12 for the current quarter, -$0.15 for the next quarter and -$0.28 for 2022. The lowest estimate earnings-per-share for the quarter is -$0.12 while analysts give the company a high EPS estimate of -$0.12. Comparatively, EPS for the current quarter was $0.1 a year ago. Earnings per share for the fiscal year are expected to decrease by -525.90%, and 22.20% over the next financial year.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate J.Jill Inc. (JILL) as a “Hold” at a consensus score of 3.00. Specifically, 0 Wall Street analysts polled rate the stock as a buy, while 1 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the JILL, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on December 06, 2019. Deutsche Bank coverage for the J.Jill Inc. (JILL) stock in a research note released on May 31, 2019 offered a Hold rating with a price target of. BofA/Merrill was of a view on May 31, 2019 that the stock is Neutral, while SunTrust gave the stock Hold rating on October 12, 2017. Morgan Stanley on their part issued Equal-Weight rating on October 12, 2017.

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