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

Jerash Holdings (US) (NASDAQ:JRSH) issued its quarterly earnings results on Monday. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.04, Zacks reports. Jerash Holdings (US) had a return on equity of 1.03% and a net margin of 0.45%.The firm had revenue of $41.77 million for the quarter, compared to analyst estimates of $42.30 million.

Here are the key takeaways from Jerash Holdings (US)’s conference call:

• Jerash reported a strong fiscal Q3 with revenue up 18% to $41.8M, gross profit up 31% to $7.0M and net income of $1.2M (vs. $6K a year earlier), and guided Q4 revenue growth of 23%–26% with a gross margin target of 14%–16%.
• The company acquired a 184,000 sq ft manufacturing building in Amman and plans approximately $5M in renovations plus $2M in equipment to increase manufacturing capacity by at least 40%, with renovations targeted for completion before year-end 2026 and a ramp to ~2,500 workers.
• The expansion will be financed largely through Housing Bank term loans (roughly $7.8M total including a mortgage and renovation/equipment loan, showing up as long‑term debt with ~8‑year repayment and a one‑year grace period), while net cash used in operations rose to ~$3.5M for the nine months and inventory and receivables remain elevated.
• Customer dynamics are mixed — a new strategic partner, Hansoll, delivered large, high‑volume orders (3M pieces) that lifted efficiency and margins, and longtime global customers are securing more capacity, but pricing pressure and regional geopolitical/shipping risks are being actively monitored.

Jerash Holdings (US) Stock Performance

Shares of JRSH stock opened at $3.48 on Tuesday. The firm’s 50 day moving average price is $3.06 and its two-hundred day moving average price is $3.23. The stock has a market cap of $44.20 million, a PE ratio of 58.00 and a beta of 1.06. Jerash Holdings has a 52-week low of $2.81 and a 52-week high of $4.17.

Jerash Holdings (US) Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Friday, February 13th will be given a dividend of $0.05 per share. The ex-dividend date is Friday, February 13th. This represents a $0.20 annualized dividend and a dividend yield of 5.7%. Jerash Holdings (US)’s payout ratio is currently 333.33%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on JRSH. Weiss Ratings reissued a “hold (c)” rating on shares of Jerash Holdings (US) in a report on Thursday, January 22nd. Wall Street Zen upgraded shares of Jerash Holdings (US) to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Jerash Holdings (US) has a consensus rating of “Moderate Buy” and an average price target of $4.00.

Institutional Investors Weigh In On Jerash Holdings (US)

Several large investors have recently modified their holdings of JRSH. Dimensional Fund Advisors LP grew its position in shares of Jerash Holdings (US) by 3.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 90,898 shares of the company’s stock valued at $302,000 after purchasing an additional 3,136 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Jerash Holdings (US) by 7.7% in the fourth quarter. Geode Capital Management LLC now owns 63,541 shares of the company’s stock valued at $194,000 after buying an additional 4,528 shares during the period. Citadel Advisors LLC raised its holdings in shares of Jerash Holdings (US) by 35.7% during the third quarter. Citadel Advisors LLC now owns 41,450 shares of the company’s stock worth $138,000 after acquiring an additional 10,912 shares during the period. Jane Street Group LLC acquired a new stake in shares of Jerash Holdings (US) during the second quarter worth $50,000. Finally, Susquehanna International Group LLP lifted its position in Jerash Holdings (US) by 70.6% in the 3rd quarter. Susquehanna International Group LLP now owns 269,014 shares of the company’s stock valued at $893,000 after acquiring an additional 111,359 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors.

About Jerash Holdings (US)

Jerash Holdings (NASDAQ:JRSH) is a global designer, manufacturer and marketer of intimate apparel, sportswear and swimwear. Founded in 1994 in the Jerash special economic zone of Jordan, the company has built a vertically integrated production model that spans product design, raw material sourcing, fabric printing, sewing and finishing. By controlling each stage of the manufacturing process, Jerash maintains strict quality standards and achieves competitive lead times for its apparel collections.

Operating state-of-the-art facilities in Jordan with a workforce of more than 10,000 employees, Jerash produces both proprietary brands and private-label merchandise for major retailers.