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

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

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

Jerash Holdings (US) Stock Performance

NASDAQ:JRSH opened at $3.39 on Friday. The firm has a market capitalization of $43.05 million, a price-to-earnings ratio of 48.43 and a beta of 1.09. Jerash Holdings has a 52-week low of $2.81 and a 52-week high of $4.17. The stock has a fifty day moving average of $3.35 and a 200 day moving average of $3.28.

Jerash Holdings (US) (NASDAQ:JRSH) last posted its quarterly earnings data on Tuesday, August 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.07). The business had revenue of $39.63 million for the quarter, compared to the consensus estimate of $38.85 million. Jerash Holdings (US) had a net margin of 0.57% and a return on equity of 1.31%. Jerash Holdings (US) has set its Q2 2026 guidance at EPS.

Institutional Investors Weigh In On Jerash Holdings (US)

An institutional investor recently bought a new position in Jerash Holdings (US) stock. Access Investment Management LLC purchased a new position in shares of Jerash Holdings (US), Inc. (NASDAQ:JRSH) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 47,300 shares of the company’s stock, valued at approximately $155,000. Access Investment Management LLC owned about 0.37% of Jerash Holdings (US) as of its most recent SEC filing. 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.