Jerash Holdings (US) (NASDAQ:JRSH) Announces Earnings Results

Jerash Holdings (US) (NASDAQ:JRSH) released its earnings results on Monday. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.05 by $0.04, Zacks reports. Jerash Holdings (US) had a return on equity of 2.87% and a net margin of 1.18%.The company had revenue of $41.77 million during the quarter, compared to analysts’ expectations of $42.30 million.

Here are the key takeaways from Jerash Holdings (US)’s conference call:

• Jerash reported a strong fiscal Q3 with revenue up 18% to $41.8M, gross profit up 31% to $7.0M and net income of $1.2M (vs. $6K a year earlier), and guided Q4 revenue growth of 23%–26% with a gross margin target of 14%–16%.
• The company acquired a 184,000 sq ft manufacturing building in Amman and plans approximately $5M in renovations plus $2M in equipment to increase manufacturing capacity by at least 40%, with renovations targeted for completion before year-end 2026 and a ramp to ~2,500 workers.
• The expansion will be financed largely through Housing Bank term loans (roughly $7.8M total including a mortgage and renovation/equipment loan, showing up as long‑term debt with ~8‑year repayment and a one‑year grace period), while net cash used in operations rose to ~$3.5M for the nine months and inventory and receivables remain elevated.
• Customer dynamics are mixed — a new strategic partner, Hansoll, delivered large, high‑volume orders (3M pieces) that lifted efficiency and margins, and longtime global customers are securing more capacity, but pricing pressure and regional geopolitical/shipping risks are being actively monitored.

Jerash Holdings (US) Stock Up 0.3%

Shares of NASDAQ JRSH opened at $3.49 on Wednesday. Jerash Holdings has a twelve month low of $2.81 and a twelve month high of $4.17. The company’s fifty day moving average is $3.07 and its 200-day moving average is $3.23. The stock has a market cap of $44.32 million, a price-to-earnings ratio of 23.27 and a beta of 1.06.

Jerash Holdings (US) Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Friday, February 13th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, February 13th. Jerash Holdings (US)’s dividend payout ratio (DPR) is currently 333.33%.

Wall Street Analyst Weigh In

A number of analysts recently commented on JRSH shares. DA Davidson reiterated a “buy” rating and issued a $4.00 price objective on shares of Jerash Holdings (US) in a research report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Jerash Holdings (US) in a report on Thursday, January 22nd. Finally, Wall Street Zen raised shares of Jerash Holdings (US) to a “hold” rating in a report on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $4.00.

Institutional Investors Weigh In On Jerash Holdings (US)

Several large investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new position in shares of Jerash Holdings (US) in the 2nd quarter valued at approximately $50,000. Citadel Advisors LLC lifted its position in Jerash Holdings (US) by 35.7% in the 3rd quarter. Citadel Advisors LLC now owns 41,450 shares of the company’s stock valued at $138,000 after acquiring an additional 10,912 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Jerash Holdings (US) by 166.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 48,083 shares of the company’s stock worth $147,000 after purchasing an additional 30,055 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Jerash Holdings (US) by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 63,541 shares of the company’s stock valued at $194,000 after purchasing an additional 4,528 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Jerash Holdings (US) by 3.6% during the third quarter. Dimensional Fund Advisors LP now owns 90,898 shares of the company’s stock worth $302,000 after buying an additional 3,136 shares during the period. 3.39% of the stock is currently owned by institutional investors.

Jerash Holdings (US) Company Profile

Jerash Holdings (NASDAQ:JRSH) is a global designer, manufacturer and marketer of intimate apparel, sportswear and swimwear. Founded in 1994 in the Jerash special economic zone of Jordan, the company has built a vertically integrated production model that spans product design, raw material sourcing, fabric printing, sewing and finishing. By controlling each stage of the manufacturing process, Jerash maintains strict quality standards and achieves competitive lead times for its apparel collections.

Operating state-of-the-art facilities in Jordan with a workforce of more than 10,000 employees, Jerash produces both proprietary brands and private-label merchandise for major retailers.