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Bull of the Day: J Jill (JILL)

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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.

J.Jill, Inc. Price and Consensus

J.Jill, Inc. Price and Consensus | J.Jill, Inc. Quote

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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