Jerash Holdings (US) (NASDAQ:JRSH) Posts Earnings Results, Beats Expectations By $0.04 EPS

Jerash Holdings (US) (NASDAQ:JRSH) posted its quarterly earnings results on Monday. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates 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%.

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) Price Performance

Shares of NASDAQ:JRSH traded up $0.30 during trading on Monday, reaching $3.37. 62,608 shares of the stock were exchanged, compared to its average volume of 98,427. The firm has a market cap of $42.74 million, a price-to-earnings ratio of 56.08 and a beta of 1.06. The stock has a fifty day moving average of $3.05 and a two-hundred day moving average of $3.23. Jerash Holdings has a 1-year low of $2.81 and a 1-year high of $4.17.

Jerash Holdings (US) Dividend Announcement

The business also recently disclosed 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 of this dividend is Friday, February 13th. This represents a $0.20 annualized dividend and a dividend yield of 5.9%. Jerash Holdings (US)’s dividend payout ratio (DPR) is 333.33%.

Institutional Investors Weigh In On Jerash Holdings (US)

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP raised its stake in shares of Jerash Holdings (US) by 70.6% during the 3rd quarter. Susquehanna International Group LLP now owns 269,014 shares of the company’s stock valued at $893,000 after purchasing an additional 111,359 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Jerash Holdings (US) by 3.6% during the third quarter. Dimensional Fund Advisors LP now owns 90,898 shares of the company’s stock valued at $302,000 after buying an additional 3,136 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Jerash Holdings (US) by 35.7% in the third quarter. Citadel Advisors LLC now owns 41,450 shares of the company’s stock worth $138,000 after buying an additional 10,912 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Jerash Holdings (US) in the second quarter worth about $50,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Jerash Holdings (US) in a research note on Thursday, January 22nd. Wall Street Zen raised shares of Jerash Holdings (US) to a “hold” rating in a research note on Saturday, November 1st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $4.00.

Jerash Holdings (US) Company Profile

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.