Jerash Holdings (US) (NASDAQ:JRSH) Issues Earnings Results, Misses Expectations By $0.10 EPS

Jerash Holdings (US) (NASDAQ:JRSHGet Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.10), Zacks reports. The firm had revenue of $41.97 million during the quarter, compared to analyst estimates of $41.00 million. Jerash Holdings (US) had a net margin of 0.45% and a return on equity of 1.03%. Jerash Holdings (US) updated its Q3 2026 guidance to EPS.

Jerash Holdings (US) Trading Up 1.6%

JRSH traded up $0.05 on Friday, hitting $3.26. 15,214 shares of the company’s stock traded hands, compared to its average volume of 75,246. The firm has a market cap of $41.40 million, a price-to-earnings ratio of 54.33 and a beta of 1.09. The company’s 50 day simple moving average is $3.33 and its 200-day simple moving average is $3.30. Jerash Holdings has a one year low of $2.81 and a one year high of $4.17.

Jerash Holdings (US) Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Wednesday, November 19th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.20 annualized dividend and a yield of 6.1%. Jerash Holdings (US)’s dividend payout ratio is currently 285.71%.

Institutional Investors Weigh In On Jerash Holdings (US)

A hedge fund recently bought a new stake in Jerash Holdings (US) stock. Jane Street Group LLC acquired a new position in shares of Jerash Holdings (US), Inc. (NASDAQ:JRSHFree Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 15,293 shares of the company’s stock, valued at approximately $50,000. Jane Street Group LLC owned 0.12% of Jerash Holdings (US) at the end of the most recent reporting period. Institutional investors and hedge funds own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

JRSH has been the subject of a number of analyst reports. Wall Street Zen raised Jerash Holdings (US) to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jerash Holdings (US) in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $4.00.

Check Out Our Latest Report on JRSH

Jerash Holdings (US) Company Profile

(Get Free Report)

Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.

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Earnings History for Jerash Holdings (US) (NASDAQ:JRSH)

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