Jerash Holdings (US) (NASDAQ:JRSH) Releases Earnings Results, Beats Estimates By $0.08 EPS

Jerash Holdings (US) (NASDAQ:JRSH) announced its earnings results on Tuesday. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.08, FiscalAI reports. Jerash Holdings (US) had a net margin of 3.55% and a return on equity of 10.14%. The business had revenue of $50.29 million for the quarter, compared to analysts’ expectations of $49.95 million.

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

• Fiscal Q2 revenue rose 19.8% to $50.3 million, while gross margin expanded 320 basis points to 18.2%. Net income increased to $2.2 million from $479,000 a year earlier, supported by higher shipments to U.S. customers and improved operating efficiency.
• Jerash said its production capacity is fully booked with confirmed orders through June 2027, with additional demand and customer inquiries beyond that period. It also cited a 5.35 million-piece order through Hansoll and two 40,000-piece trial orders with another prospective partner, though future business depends on execution and customer demand.
• The company is pursuing several capacity additions, including an estimated 8% increase from adding lines at existing facilities and a further 15%–20% from developing its acquired facility. It is also building a satellite factory and plans to trial a second shift; some projects are expected to be completed in 2027.
• For fiscal Q3, Jerash forecast revenue of $49 million–$51 million but expects gross margin to decline to 16%–17%, citing elevated raw-material logistics costs and temporary productivity effects as new workers are onboarded. Management said transportation costs remain high despite port operations returning to near-normal levels.

Jerash Holdings (US) Stock Performance

Shares of JRSH stock traded down $0.63 during midday trading on Thursday, hitting $7.17. The company had a trading volume of 104,759 shares, compared to its average volume of 293,563. The stock has a market cap of $91.07 million, a price-to-earnings ratio of 14.34 and a beta of 1.03. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.11 and a quick ratio of 1.64. The company’s 50 day simple moving average is $5.94 and its 200 day simple moving average is $4.35. Jerash Holdings has a 52-week low of $2.85 and a 52-week high of $7.90.

Jerash Holdings (US) Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Monday, November 16th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Monday, November 16th. Jerash Holdings (US)’s dividend payout ratio (DPR) is 52.63%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Weiss Ratings raised shares of Jerash Holdings (US) from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 14th. DA Davidson lifted their price objective on shares of Jerash Holdings (US) from $6.00 to $10.00 and gave the company a “buy” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, Jerash Holdings (US) presently has an average rating of “Buy” and an average target price of $10.00.

Jerash Holdings (US) Company Profile

Jerash Holdings (US), Inc. is an apparel manufacturer and exporter that produces garments for international customers and branded clothing companies. Its product range includes jackets, shirts, pants, activewear, outerwear and other woven and knit apparel. The company manufactures its products through operations in Jordan, including facilities located in the Al-Hassan Industrial Estate. Its Jordanian production platform supports cutting, sewing, finishing, packaging and related garment-manufacturing activities, allowing Jerash to supply finished products to customers in global markets.