Jerash Holdings (US) - JRSH Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Jerash Holdings (US) in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" JRSH shares.
View JRSH analyst ratings or view top-rated stocks.

1 equities research analysts have issued 12-month target prices for Jerash Holdings (US)'s shares. Their JRSH share price forecasts range from $10.00 to $10.00. On average, they expect the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 127.8% from the stock's current price.
View analysts price targets for JRSH or view top-rated stocks among Wall Street analysts.

Jerash Holdings (US)'s stock was trading at $3.89 at the beginning of 2023. Since then, JRSH stock has increased by 12.9% and is now trading at $4.39.
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Jerash Holdings (US) saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,700 shares, an increase of 362.5% from the December 31st total of 800 shares. Based on an average daily volume of 12,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company's shares are short sold.
View Jerash Holdings (US)'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our JRSH earnings forecast.

Jerash Holdings (US), Inc. (NASDAQ:JRSH) issued its earnings results on Thursday, November, 10th. The company reported $0.14 EPS for the quarter. The firm earned $37.83 million during the quarter. Jerash Holdings (US) had a net margin of 3.64% and a trailing twelve-month return on equity of 7.20%.

Jerash Holdings (US) declared a quarterly dividend on Friday, February 3rd. Stockholders of record on Tuesday, February 14th will be given a dividend of $0.05 per share on Tuesday, February 21st. This represents a $0.20 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend is Monday, February 13th.
Read our dividend analysis for JRSH.

Jerash Holdings (US) (NASDAQ:JRSH) pays an annual dividend of $0.20 per share and currently has a dividend yield of 4.55%. JRSH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for JRSH.

Jerash Holdings (US) updated its third quarter 2023 earnings guidance on Saturday, December, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $33.00 million-$35.00 million, compared to the consensus revenue estimate of $37.35 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Jerash Holdings (US) investors own include Pfizer (PFE), Primo Water (PRMW), AbbVie (ABBV), Ampio Pharmaceuticals (AMPE), Applied DNA Sciences (APDN), Brainstorm Cell Therapeutics (BCLI), Bionano Genomics (BNGO), ChromaDex (CDXC), Chimerix (CMRX) and Cinemark (CNK).

Jerash Holdings (US) trades on the NASDAQ under the ticker symbol "JRSH."

Shares of JRSH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JRSH stock can currently be purchased for approximately $4.39.

Jerash Holdings (US) (NASDAQ:JRSH) has a market capitalization of $54.44 million and generates $143.35 million in revenue each year. The company earns $7.92 million in net income (profit) each year or $0.40 on an earnings per share basis.

The company employs 5,600 workers across the globe.

Jerash Holdings (US)'s mailing address is 260 EAST MAIN STREET SUITE 2706, ROCHESTER NY, 14604. The official website for the company is www.jerashholdings.com. The company can be reached via phone at (201) 285-7973 or via email at mkreps@darrowir.com.