Jerash Holdings (US) (NASDAQ:JRSH) Issues Earnings Results, Beats Estimates By $0.13 EPS

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

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) Price Performance

Shares of JRSH stock traded up $0.58 during trading on Monday, reaching $4.04. The company’s stock had a trading volume of 29,975,417 shares, compared to its average volume of 327,860. Jerash Holdings has a 1-year low of $2.85 and a 1-year high of $5.47. The stock’s 50-day moving average price is $3.32 and its 200 day moving average price is $3.17. The company has a market capitalization of $51.26 million, a price-to-earnings ratio of 28.46 and a beta of 1.11.

Jerash Holdings (US) Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were issued a $0.05 dividend. The ex-dividend date was Thursday, May 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.0%. Jerash Holdings (US)’s payout ratio is 133.33%.

Analyst Ratings Changes

JRSH has been the subject of several research analyst reports. Wall Street Zen raised shares of Jerash Holdings (US) to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Jerash Holdings (US) in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Jerash Holdings (US) has an average rating of “Moderate Buy” and an average target price of $4.00.

Hedge Funds Weigh In On Jerash Holdings (US)

Institutional investors have recently modified their holdings of the business. Jane Street Group LLC purchased a new stake in shares of Jerash Holdings (US) during the second quarter worth $50,000. Dimensional Fund Advisors LP grew its stake in Jerash Holdings (US) by 3.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 90,898 shares of the company’s stock worth $302,000 after purchasing an additional 3,136 shares in the last quarter. Citadel Advisors LLC increased its holdings in Jerash Holdings (US) by 35.7% during the 3rd quarter. Citadel Advisors LLC now owns 41,450 shares of the company’s stock worth $138,000 after purchasing an additional 10,912 shares during the period. Susquehanna International Group LLP raised its position in Jerash Holdings (US) by 70.6% in the 3rd quarter. Susquehanna International Group LLP now owns 269,014 shares of the company’s stock valued at $893,000 after purchasing an additional 111,359 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in 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 in the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

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.