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

Jerash Holdings (US) (NASDAQ:JRSH) issued its quarterly earnings results on Monday. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.13), Fidelity Earnings reports. Jerash Holdings (US) had a return on equity of 13.21% and a net margin of 7.52%.

Jerash Holdings (US) stock opened at $4.99 on Tuesday. The company has a market cap of $56.51 million, a price-to-earnings ratio of 8.18 and a beta of 0.67. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.43 and a quick ratio of 4.90. Jerash Holdings has a 12 month low of $3.60 and a 12 month high of $7.90. The stock’s 50-day moving average is $4.76 and its 200-day moving average is $5.47.

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 $0.05 dividend. The ex-dividend date was Friday, May 22nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.01%. Jerash Holdings (US)’s dividend payout ratio (DPR) is 44.44%.

A number of brokerages have issued reports on JRSH. Zacks Investment Research raised Jerash Holdings (US) from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research note on Thursday, May 21st. TheStreet lowered Jerash Holdings (US) from a “c-” rating to a “d” rating in a research note on Monday, May 4th. Finally, ValuEngine upgraded Jerash Holdings (US) from a “strong sell” rating to a “sell” rating in a report on Tuesday, March 24th.

About Jerash Holdings (US)

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.

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

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