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

Jerash Holdings (US) (NASDAQ:JRSH – Get Free Report) released its quarterly earnings results on Monday. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.13, Zacks reports. Jerash Holdings (US) had a return on equity of 5.61% and a net margin of 2.13%.The firm had revenue of $42.90 million for the quarter, compared to analyst estimates of $36.20 million.

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

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• 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

Shares of NASDAQ:JRSH opened at $4.20 on Wednesday. The business’s 50 day simple moving average is $3.36 and its two-hundred day simple moving average is $3.18. The firm has a market cap of $53.34 million, a P/E ratio of 15.00 and a beta of 1.11. Jerash Holdings has a 52-week low of $2.85 and a 52-week high of $5.47.

Jerash Holdings (US) Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, May 14th. Jerash Holdings (US)’s dividend payout ratio is 71.43%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in Jerash Holdings (US) in the fourth quarter worth approximately $32,000. Jane Street Group LLC bought a new position in Jerash Holdings (US) in the second quarter worth approximately $50,000. State Street Corp boosted its holdings in Jerash Holdings (US) by 27.6% in the fourth quarter. State Street Corp now owns 21,705 shares of the company’s stock worth $66,000 after acquiring an additional 4,700 shares in the last quarter. Citadel Advisors LLC boosted its holdings in Jerash Holdings (US) by 35.7% in the third quarter. Citadel Advisors LLC now owns 41,450 shares of the company’s stock worth $138,000 after acquiring an additional 10,912 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Jerash Holdings (US) by 166.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 48,083 shares of the company’s stock worth $147,000 after acquiring an additional 30,055 shares in the last quarter. Institutional investors own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. DA Davidson set a $5.00 price objective on Jerash Holdings (US) in a research note on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Jerash Holdings (US) in a research note on Tuesday, April 21st. Finally, Wall Street Zen raised Jerash Holdings (US) to a “hold” rating in a research note on Saturday, May 30th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5.00.

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About Jerash Holdings (US)

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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.

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