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

Jerash Holdings (US) (NASDAQ:JRSH) announced its quarterly earnings results on Tuesday. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.08, FiscalAI reports. Jerash Holdings (US) had a net margin of 2.77% and a return on equity of 7.61%. The company had revenue of $50.29 million for the quarter, compared to the consensus estimate of $49.95 million.

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

• Fiscal Q2 revenue rose 19.8% to $50.3 million, while gross margin expanded 320 basis points to 18.2%. Net income increased to $2.2 million from $479,000 a year earlier, supported by higher shipments to U.S. customers and improved operating efficiency.
• Jerash said its production capacity is fully booked with confirmed orders through June 2027, with additional demand and customer inquiries beyond that period. It also cited a 5.35 million-piece order through Hansoll and two 40,000-piece trial orders with another prospective partner, though future business depends on execution and customer demand.
• The company is pursuing several capacity additions, including an estimated 8% increase from adding lines at existing facilities and a further 15%–20% from developing its acquired facility. It is also building a satellite factory and plans to trial a second shift; some projects are expected to be completed in 2027.
• For fiscal Q3, Jerash forecast revenue of $49 million–$51 million but expects gross margin to decline to 16%–17%, citing elevated raw-material logistics costs and temporary productivity effects as new workers are onboarded. Management said transportation costs remain high despite port operations returning to near-normal levels.

Jerash Holdings (US) Price Performance

Jerash Holdings (US) stock traded up $0.20 during midday trading on Tuesday, reaching $6.78. 151,788 shares of the company were exchanged, compared to its average volume of 292,941. The company has a market capitalization of $86.04 million, a price-to-earnings ratio of 17.83 and a beta of 1.03. The firm’s 50-day simple moving average is $5.85 and its 200-day simple moving average is $4.31. Jerash Holdings has a 1 year low of $2.85 and a 1 year high of $7.02. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.64 and a current ratio of 3.11.

Jerash Holdings (US) Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Monday, November 16th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Monday, November 16th. Jerash Holdings (US)’s dividend payout ratio (DPR) is currently 52.63%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on JRSH. Weiss Ratings raised shares of Jerash Holdings (US) from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 14th. DA Davidson lifted their price objective on Jerash Holdings (US) from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Two equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $6.00.

Jerash Holdings (US) Company Profile

Jerash Holdings (US), Inc is an apparel manufacturer and exporter that produces garments for international customers and branded clothing companies. Its product range includes jackets, shirts, pants, activewear, outerwear and other woven and knit apparel.

The company manufactures its products through operations in Jordan, including facilities located in the Al-Hassan Industrial Estate. Its Jordanian production platform supports cutting, sewing, finishing, packaging and related garment-manufacturing activities, allowing Jerash to supply finished products to customers in global markets.

Jerash Holdings serves apparel brands and retailers primarily in North America and other international markets.