Handle With Care: J.Jill Inc. (NYSE: JILL)


    Renaissance Technologies LLC 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 29.24% to 0.94 million shares with purchase of 0.21 million shares. This fresh investment now brings its stake to 2.09% valued currently at $0.54 million. In addition, Bridgeway Capital Management, Inc.. raised its holdings by 100000.0 to 0.42 million shares. And Winton Capital Management Ltd. has lifted its position by 153.63% or 0.2 million shares – to 0.33 million shares.

    With over 97.92 million J.Jill Inc. (JILL) shares trading Tuesday and a closing price of $0.54 on the day, the dollar volume was approximately $52.87 million. The shares have shown a positive weekly performance of 34.33% and its price on 09/01/20 gained nearly 40.44%. Currently, there are 44.41M common shares owned by the public and among those 17.34M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for JILL have a consensus price objective of $0.64. The analysts have set the share’s price value over the next 12 months at a high of $0.64 and a low of $0.64 should the stock experience a downside. Incidentally, analysts’ outlook for the J.Jill Inc. stock is 3.00 for the next 12 months. But an upside of 15.62% will see the stock hit the forecast high price target while mean target price for the stock is $0.64.

    Insiders at the company have transacted a total of 14 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 12 of these insider trades were purchases, accounting for 534,355 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, Target Portfolio Trust – PGIM QMA, and Vanguard Total Stock Market Index. Invesco FTSE RAFI US 1500 Small M owns 0.32 million shares of the company’s stock, all valued at over $0.18 million. The company sold 1277.0 shares recently to bring their total holdings to about 0.70% of the shares outstanding. Vanguard Total Stock Market Index now owns shares totaling to 0.49% of the shares outstanding.

    Shares of J.Jill Inc. (NYSE: JILL) opened at $0.8464, up $0.47 from a prior closing price of $0.38. However, the script later closed the day at $0.54, up 40.44%. The company’s stock has a 5-day price change of 34.33% and -3.61% over the past three months. JILL shares are trading -52.21% year to date (YTD), with the 12-month market performance down to -71.87% lower. It has a 12-month low price of $0.31 and touched a high of $2.58 over the same period. Currently, 97.92 million shares have been traded, compared to an average intraday trading volume of 1.57 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 14.64%, -9.83%, and -33.60% respectively.

    Institutional ownership of J.Jill Inc. (NYSE: JILL) shares accounts for 69.10% of the company’s 44.41M shares outstanding. Mutual fund holders own 6.20%, while other institutional holders and individual stakeholders account for 70.15% and 5.17% respectively.

    It has a market capitalization of $24.76M and a beta (3y monthly) value of 1.96. The earnings-per-share (ttm) stands at -$4.61. Price movements for the stock have been influenced by the stock’s volatility, which stands at 31.92% over the week and 14.67% over the month.

    Analysts forecast that J.Jill Inc. (JILL) will achieve an EPS of -$0.37 for the current quarter, -$0.03 for the next quarter and -$0.61 for 2022. The lowest estimate earnings-per-share for the quarter is -$0.37 while analysts give the company a high EPS estimate of -$0.37. Comparatively, EPS for the current quarter was -$0.05 a year ago. Earnings per share for the fiscal year are expected to decrease by -525.90%, and 46.00% 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, with the firm’s price target at. 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, issuing a price target of. Morgan Stanley on their part issued Equal-Weight rating on October 12, 2017.


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