The old school brick-and-mortar retailers have been put on the defensive. Declining foot traffic in malls across America and the ubiquity of online shopping are the main culprits. That doesn’t mean that there’s aren’t some gems to found in the industry. Today I’ve found one of those gems for you in today’s Bull of the Day, women’s retail apparel and footwear company J. Jill (JILL - Free Report) .
J. Jill is a leading omni-channel retailer of women’s apparel, accessories, and footwear. Originally a catalog retailer, J. Jill established a multichannel framework with a growing and profitable e-Commerce business and retail footprint of 270 stores in 43 states. Its product categories include jackets and outerwear, accessories and footwear, dresses and skirts, woven tops, knit tops, and pants.
This Zacks Rank #1 (Strong Buy) is in an industry that ranks in the Top 17% of our Zacks Industry Rank. Analysts have been increasingly bullish since a new CEO joined the company. Linda Heasley joined in April after being on the Board for a little over a year. She quickly has been able to identify three key assets that the company leverage. Those assets include their existing stores, their e-commerce platform and their catalog.
This has led to some seriously bullish revisions to current year and next year EPS numbers. Over the last sixty days, six analysts have increased their earnings estimates for the current year while five have followed suit for next year. The bullish moves have pushed up our Zacks Consensus Estimates for the current year from 69 cents to 78 cents while next year’s number has jumped from 76 cents to 84 cents.
The stock has recovered since plummeting to all-time lows under $5 earlier in the year. A couple of big earnings surprises in a row have helped the stock recover. Currently JILL is trading at $8.36 with a good bit of momentum behind the name.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The old school brick-and-mortar retailers have been put on the defensive. Declining foot traffic in malls across America and the ubiquity of online shopping are the main culprits. That doesn’t mean that there’s aren’t some gems to found in the industry. Today I’ve found one of those gems for you in today’s Bull of the Day, women’s retail apparel and footwear company J. Jill (JILL - Free Report) .
J. Jill is a leading omni-channel retailer of women’s apparel, accessories, and footwear. Originally a catalog retailer, J. Jill established a multichannel framework with a growing and profitable e-Commerce business and retail footprint of 270 stores in 43 states. Its product categories include jackets and outerwear, accessories and footwear, dresses and skirts, woven tops, knit tops, and pants.
This Zacks Rank #1 (Strong Buy) is in an industry that ranks in the Top 17% of our Zacks Industry Rank. Analysts have been increasingly bullish since a new CEO joined the company. Linda Heasley joined in April after being on the Board for a little over a year. She quickly has been able to identify three key assets that the company leverage. Those assets include their existing stores, their e-commerce platform and their catalog.
This has led to some seriously bullish revisions to current year and next year EPS numbers. Over the last sixty days, six analysts have increased their earnings estimates for the current year while five have followed suit for next year. The bullish moves have pushed up our Zacks Consensus Estimates for the current year from 69 cents to 78 cents while next year’s number has jumped from 76 cents to 84 cents.
The stock has recovered since plummeting to all-time lows under $5 earlier in the year. A couple of big earnings surprises in a row have helped the stock recover. Currently JILL is trading at $8.36 with a good bit of momentum behind the name.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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