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

Share on StockTwits

Jerash Holdings (US) (NASDAQ:JRSH) posted its quarterly earnings results on Monday. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.13), Fidelity Earnings reports. Jerash Holdings (US) had a return on equity of 12.01% and a net margin of 6.96%. The business had revenue of $14.44 million during the quarter.

NASDAQ JRSH opened at $4.76 on Wednesday. The company has a current ratio of 6.43, a quick ratio of 4.90 and a debt-to-equity ratio of 0.01. The firm has a market cap of $53.91 million, a price-to-earnings ratio of 8.35 and a beta of 0.68. The company has a 50 day moving average of $4.77 and a 200-day moving average of $5.46. Jerash Holdings has a 1-year low of $3.60 and a 1-year high of $7.90.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 26th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 4.20%. The ex-dividend date of this dividend was Friday, May 22nd. Jerash Holdings (US)’s payout ratio is 35.09%.

Several research firms recently issued reports on JRSH. Lake Street Capital dropped their price target on shares of Jerash Holdings (US) from $11.00 to $8.00 in a research report on Tuesday. TheStreet lowered shares of Jerash Holdings (US) from a “c-” rating to a “d” rating in a research report on Monday, May 4th. ValuEngine raised shares of Jerash Holdings (US) from a “strong sell” rating to a “sell” rating in a report on Tuesday, March 24th. Finally, Zacks Investment Research raised shares of Jerash Holdings (US) from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a report on Thursday, May 21st.

Jerash Holdings (US) Company Profile

Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. The company offers jackets, polo shirts, crew neck shirts, pants, and shorts made from knitted fabric. It serves various brand-name retailers in the United States, Jordan, and internationally.

Featured Story: Pattern Day Trader – What is the PDT Rule?

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

Receive News & Ratings for Jerash Holdings (US) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jerash Holdings (US) and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Landec  Updates Q4 Earnings Guidance
Landec Updates Q4 Earnings Guidance
AES  Updates FY 2020
Pre-Market Earnings Guidance
AES Updates FY 2020 Pre-Market Earnings Guidance
Autins Group  Issues Quarterly  Earnings Results
Autins Group Issues Quarterly Earnings Results
Advanced Oncotherapy  Announces Quarterly  Earnings Results, Misses Estimates By $0.93 EPS
Advanced Oncotherapy Announces Quarterly Earnings Results, Misses Estimates By $0.93 EPS
Capstone Turbine  Posts  Earnings Results, Misses Expectations By $0.20 EPS
Capstone Turbine Posts Earnings Results, Misses Expectations By $0.20 EPS
Hallmark Financial Services  Posts Quarterly  Earnings Results, Misses Estimates By $0.06 EPS
Hallmark Financial Services Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS


© 2006-2020 Ticker Report