Jerash Holdings (US) (NASDAQ:JRSH) Upgraded to Hold at Wall Street Zen

Jerash Holdings (US) (NASDAQ:JRSH) was upgraded by Wall Street Zen to a “hold” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jerash Holdings (US) in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Jerash Holdings (US) has a consensus rating of “Moderate Buy” and a consensus price target of $4.00.

Jerash Holdings (US) Stock Performance

NASDAQ:JRSH opened at $3.39 on Friday. Jerash Holdings has a fifty-two week low of $2.81 and a fifty-two week high of $4.17. The company has a 50 day simple moving average of $3.35 and a two-hundred day simple moving average of $3.28. The company has a market capitalization of $43.05 million, a PE ratio of 48.43 and a beta of 1.06.

Jerash Holdings (US) (NASDAQ:JRSH) last posted 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 firm 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.

Hedge Funds Weigh In On Jerash Holdings (US)

A hedge fund recently bought a new stake in Jerash Holdings (US) stock. Jane Street Group LLC bought a new stake in Jerash Holdings (US), Inc. (NASDAQ:JRSH) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 15,293 shares of the company’s stock, valued at approximately $50,000. Jane Street Group LLC owned 0.12% of Jerash Holdings (US) at the end of the most recent reporting period. Institutional investors and hedge funds own 3.39% of the company’s stock.

About Jerash Holdings (US)

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.