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

Jerash Holdings (US) (NASDAQ:JRSH) released its quarterly earnings data on Monday. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.13, Zacks reports. Jerash Holdings (US) had a net margin of 1.18% and a return on equity of 2.86%.

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

• Jerash reported record full-year revenue and a strong fiscal Q4, with fourth-quarter revenue up 46.6% year over year to $42.9 million and net income rising to $1.7 million from a prior-year loss.
• The company said demand remains strong from its longtime key customer and newer accounts such as Hansol Group, with follow-on orders already received and facilities now fully booked through December 2026.
• Management highlighted a phased, capital-efficient expansion plan that should lift production capacity by about 15% by end-2026, with an additional 20% to 25% expected by mid-2027.
• Operating performance improved meaningfully as operating expenses fell to 11.7% of revenue from 16.4% a year ago, helping operating income more than quintuple despite a slightly lower gross margin.
• For fiscal Q1 2027, Jerash guided for revenue growth of 20% to 22% year over year and a gross margin target of 15% to 17%, while the board also approved a quarterly dividend of $0.05 per share.

Jerash Holdings (US) Stock Performance

JRSH traded up $0.71 during trading hours on Monday, reaching $4.17. The company’s stock had a trading volume of 32,375,175 shares, compared to its average volume of 360,808. Jerash Holdings has a 52 week low of $2.85 and a 52 week high of $5.47. The firm has a market cap of $52.90 million, a PE ratio of 27.58 and a beta of 1.11. The company’s 50-day moving average is $3.32 and its 200-day moving average is $3.17.

Jerash Holdings (US) Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.20 annualized dividend and a dividend yield of 4.8%. Jerash Holdings (US)’s dividend payout ratio (DPR) is currently 133.33%.

Hedge Funds Weigh In On Jerash Holdings (US)

Several institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new position in shares of Jerash Holdings (US) in the fourth quarter worth $32,000. State Street Corp lifted its position in Jerash Holdings (US) by 27.6% during the fourth quarter. State Street Corp now owns 21,705 shares of the company’s stock worth $66,000 after purchasing an additional 4,700 shares during the period. Jane Street Group LLC acquired a new stake in Jerash Holdings (US) during the fourth quarter worth about $48,000. Renaissance Technologies LLC grew its stake in Jerash Holdings (US) by 18.3% during the fourth quarter. Renaissance Technologies LLC now owns 180,424 shares of the company’s stock worth $550,000 after buying an additional 27,954 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Jerash Holdings (US) by 7.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 97,495 shares of the company’s stock valued at $297,000 after buying an additional 6,597 shares during the period. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JRSH has been the topic of a number of research reports. Wall Street Zen upgraded shares of Jerash Holdings (US) to a “hold” rating in a research report on Saturday, May 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jerash Holdings (US) in a research note on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $4.00.

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.