NASDAQ:JRSHJerash Holdings (US) Stock Price, Forecast & News

$4.94

+0.03 (+0.61 %)

(As of 04/10/2020 02:10 AM ET)

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Today's Range

$4.91

Now: $4.94▼

$4.97

50-Day Range

$4.00

MA: $5.52▼

$6.83

52-Week Range

$3.60

Now: $4.94▼

$7.90

Volume484 shs

Average Volume2,350 shs

Market Capitalization$55.92 million

P/E Ratio8.10

Dividend Yield4.07%

Beta0.98

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. The company was founded in 2016 and is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Jerash Holdings (US) has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.00, Jerash Holdings (US) has a potential upside of 82.2% from its current price of $4.94.
Amount of Analyst Coverage
Jerash Holdings (US) has only been the subject of 1 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Jerash Holdings (US) has received 99 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Jerash Holdings (US) has received 166 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Jerash Holdings (US) has received 62.64% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Jerash Holdings (US) and other stocks. Vote “Outperform” if you believe JRSH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe JRSH will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Jerash Holdings (US) is a leading dividend payer. It pays a dividend yield of 4.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Jerash Holdings (US) has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Jerash Holdings (US) is 44.44 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Jerash Holdings (US) will have a dividend payout ratio of 24.39 % next year. This indicates that Jerash Holdings (US) will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Jerash Holdings (US) insiders have not sold or bought any company stock.
Percentage Held by Insiders
47.30% of the stock of Jerash Holdings (US) is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 6.58% of the stock of Jerash Holdings (US) is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Jerash Holdings (US) are expected to grow by 17.14% in the coming year, from $0.70 to $0.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Jerash Holdings (US) is 8.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Jerash Holdings (US) is 8.10, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.15.
Price to Book Value per Share Ratio
Jerash Holdings (US) has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Apparel, finished products from fabrics & similar materials

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNASDAQ:JRSH

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://www.jerashholdings.com/

Phone212-575-9085

Debt

Debt-to-Equity Ratio0.01

Current Ratio6.43

Quick Ratio4.90

Price-To-Earnings

Trailing P/E Ratio8.10

Forward P/E Ratio7.06

P/E GrowthN/A

Sales & Book Value

Annual Sales$84.98 million

Price / Sales0.66

Cash Flow$0.57 per share

Price / Cash Flow8.73

Book Value$4.44 per share

Price / Book1.11

Profitability

EPS (Most Recent Fiscal Year)$0.45

Net Income$5.11 million

Net Margins7.52%

Return on Equity13.21%

Return on Assets11.21%

Miscellaneous

Employees3,000

Outstanding Shares11,320,000

Market Cap$55.92 million

Next Earnings Date6/26/2020 (Estimated)

OptionableNot Optionable

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Jerash Holdings (US) (NASDAQ:JRSH) Frequently Asked Questions

How has Jerash Holdings (US)'s stock been impacted by COVID-19 (Coronavirus)?

Jerash Holdings (US)'s stock was trading at $5.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, JRSH stock has decreased by 14.7% and is now trading at $4.94. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Jerash Holdings (US)?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Jerash Holdings (US) in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Jerash Holdings (US).

When is Jerash Holdings (US)'s next earnings date?

Jerash Holdings (US) is scheduled to release its next quarterly earnings announcement on Friday, June 26th 2020. View our earnings forecast for Jerash Holdings (US).

How were Jerash Holdings (US)'s earnings last quarter?

Jerash Holdings (US) Inc (NASDAQ:JRSH) issued its quarterly earnings data on Thursday, February, 13th. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.10. The firm earned $25.45 million during the quarter. Jerash Holdings (US) had a return on equity of 13.21% and a net margin of 7.52%. View Jerash Holdings (US)'s earnings history.

How often does Jerash Holdings (US) pay dividends? What is the dividend yield for Jerash Holdings (US)?

Jerash Holdings (US) declared a quarterly dividend on Friday, February 7th. Investors of record on Wednesday, February 19th will be given a dividend of $0.05 per share on Wednesday, February 26th. This represents a $0.20 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend is Tuesday, February 18th. View Jerash Holdings (US)'s dividend history.

What guidance has Jerash Holdings (US) issued on next quarter's earnings?

Jerash Holdings (US) updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $95-95 million, compared to the consensus revenue estimate of $99.27 million.

What price target have analysts set for JRSH?

1 equities research analysts have issued 12 month price objectives for Jerash Holdings (US)'s stock. Their forecasts range from $9.00 to $9.00. On average, they expect Jerash Holdings (US)'s stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 82.2% from the stock's current price. View analysts' price targets for Jerash Holdings (US).

Has Jerash Holdings (US) been receiving favorable news coverage?

News stories about JRSH stock have been trending very negative this week, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Jerash Holdings (US) earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutJerash Holdings (US).

Are investors shorting Jerash Holdings (US)?

Jerash Holdings (US) saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 2,900 shares, a drop of 37.0% from the February 27th total of 4,600 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.1% of the shares of the company are short sold. View Jerash Holdings (US)'s Current Options Chain.

Who are some of Jerash Holdings (US)'s key competitors?

Some companies that are related to Jerash Holdings (US) include Superior Group of Companies (SGC), Centric Brands (CTRC), Ever-Glory International Group (EVK), Sequential Brands Group (SQBG) and Tandy Brands Accessories (TBACQ).

What other stocks do shareholders of Jerash Holdings (US) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Jerash Holdings (US) investors own include SM Energy (SM), AT&T (T), Amedisys (AMED), Cognizant Technology Solutions (CTSH), eBay (EBAY), Forty Seven (FTSV), Gilead Sciences (GILD), Huntington Bancshares (HBAN), Ichor (ICHR) and Methanex (MEOH).

Who are Jerash Holdings (US)'s key executives?

Jerash Holdings (US)'s management team includes the following people:

Mr. Lin Hung Choi, Chairman, CEO, Pres & Treasurer (Age 57)
Mr. Richard J. Shaw, Chief Financial Officer (Age 52)
Ms. Yang Wei, VP, Sec. & Director (Age 37)
Mr. Tsze Lun Ng, Advisor & Head of Marketing (Age 64)
Mr. Karl Brenza, Head of U.S. Operations (Age 55)

What is Jerash Holdings (US)'s stock symbol?

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

Who are Jerash Holdings (US)'s major shareholders?

Jerash Holdings (US)'s stock is owned by many different retail and institutional investors. Top institutional shareholders include Mesirow Financial Investment Management Inc. (0.35%). View institutional ownership trends for Jerash Holdings (US).

Which major investors are buying Jerash Holdings (US) stock?

JRSH stock was purchased by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc.. View insider buying and selling activity for Jerash Holdings (US).

How do I buy shares of Jerash Holdings (US)?

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

What is Jerash Holdings (US)'s stock price today?

One share of JRSH stock can currently be purchased for approximately $4.94.

How big of a company is Jerash Holdings (US)?

Jerash Holdings (US) has a market capitalization of $55.92 million and generates $84.98 million in revenue each year. The company earns $5.11 million in net income (profit) each year or $0.45 on an earnings per share basis. Jerash Holdings (US) employs 3,000 workers across the globe. View additional information about Jerash Holdings (US).

What is Jerash Holdings (US)'s official website?

The official website for Jerash Holdings (US) is http://www.jerashholdings.com/.

How can I contact Jerash Holdings (US)?

Jerash Holdings (US)'s mailing address is 260 EAST MAIN STREET SUITE 2706, ROCHESTER NY, 14604. The company can be reached via phone at 212-575-9085 or via email at [email protected]

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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