Jerash Holdings (US) Inc (NASDAQ:JRSH) announced a quarterly dividend on Tuesday, November 5th, Zacks reports. Investors of record on Monday, November 18th will be paid a dividend of 0.05 per share on Tuesday, November 26th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date is Friday, November 15th.
Shares of JRSH opened at $6.65 on Thursday. The company has a current ratio of 7.41, a quick ratio of 4.62 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $77.01 million, a price-to-earnings ratio of 14.78 and a beta of 1.14. The stock has a 50 day moving average of $7.18 and a 200 day moving average of $7.08. Jerash Holdings has a 12 month low of $5.80 and a 12 month high of $8.50.
Jerash Holdings (US) (NASDAQ:JRSH) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.06). The business had revenue of $22.53 million for the quarter, compared to analysts’ expectations of $21.70 million. Jerash Holdings (US) had a net margin of 8.47% and a return on equity of 17.07%. As a group, equities research analysts predict that Jerash Holdings will post 0.75 earnings per share for the current year.
JRSH has been the subject of a number of research analyst reports. Zacks Investment Research raised Jerash Holdings (US) from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. DA Davidson reaffirmed a “buy” rating on shares of Jerash Holdings (US) in a research report on Monday. Finally, ValuEngine lowered Jerash Holdings (US) from a “sell” rating to a “strong sell” rating in a report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. Jerash Holdings (US) has an average rating of “Hold” and a consensus target price of $9.50.
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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