Jerash Holdings (US) (NASDAQ:JRSH) posted 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%.
Shares of JRSH opened at $4.99 on Tuesday. Jerash Holdings has a 52-week low of $3.60 and a 52-week high of $7.90. The company has a quick ratio of 4.90, a current ratio of 6.43 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average is $4.76 and its two-hundred day moving average is $5.47. The stock has a market cap of $56.51 million, a PE ratio of 8.18 and a beta of 0.67.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 26th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.20 annualized dividend and a yield of 4.01%. Jerash Holdings (US)’s dividend payout ratio (DPR) is presently 44.44%.
A number of equities analysts have issued reports on JRSH shares. ValuEngine raised shares of Jerash Holdings (US) from a “strong sell” rating to a “sell” rating in a research report on Tuesday, March 24th. TheStreet lowered shares of Jerash Holdings (US) from a “c-” rating to a “d” rating in a research report on Monday, May 4th. Finally, Zacks Investment Research raised shares of Jerash Holdings (US) from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research report on Thursday, May 21st.
Jerash Holdings (US) Company Profile
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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