Jerash Holdings (US), Inc. (NASDAQ:JRSH – Get Free Report) shares dropped 0.6% during trading on Monday . The stock traded as low as $3.26 and last traded at $3.28. Approximately 100,633 shares were traded during trading, an increase of 19% from the average daily volume of 84,870 shares. The stock had previously closed at $3.30.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on JRSH shares. Wall Street Zen raised shares of Jerash Holdings (US) to a “hold” rating in a report on Saturday, June 14th. DA Davidson reissued a “buy” rating and issued a $4.00 target price on shares of Jerash Holdings (US) in a research note on Tuesday, June 24th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $4.00.
Get Our Latest Research Report on JRSH
Jerash Holdings (US) Stock Performance
Jerash Holdings (US) (NASDAQ:JRSH – Get Free Report) last released its quarterly earnings data on Tuesday, August 12th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.07). Jerash Holdings (US) had a net margin of 0.57% and a return on equity of 1.31%. The company had revenue of $39.63 million during the quarter, compared to the consensus estimate of $38.85 million. Jerash Holdings (US) has set its Q2 2026 guidance at EPS.
Jerash Holdings (US) Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 22nd were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Friday, August 22nd. Jerash Holdings (US)’s dividend payout ratio (DPR) is currently 285.71%.
Institutional Investors Weigh In On Jerash Holdings (US)
Several large investors have recently bought and sold shares of JRSH. Access Investment Management LLC acquired a new stake in Jerash Holdings (US) during the 2nd quarter worth $155,000. Citadel Advisors LLC acquired a new position in Jerash Holdings (US) in the fourth quarter valued at about $78,000. Finally, Jane Street Group LLC bought a new stake in shares of Jerash Holdings (US) in the second quarter worth about $50,000. Institutional investors own 3.39% of the company’s stock.
Jerash Holdings (US) Company Profile
Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.
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