Streetbeat News

JRSH

Jerash Holdings (US), Inc.

https://www.jerashholdings.com

Industry

Apparel - Manufacturers

Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and readymade 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, Jordan, and internationally. The company was incorporated in 2016 and is headquartered in Fairfield, New Jersey.

Open

3.27

Mkt cap

41M

Volume

8.2K

High

3.35

P/E Ratio

-10.65

52-wk high

3.46

Low

3.15

Div yield

0.05

52-wk low

2.68

Superior Gr of Cos (NASDAQ:SGC) will pay a dividend of $0.14 per share on December 6, 2023, with an annualized yield of 6.93%. Shareholders eligible for this dividend must have held the stock before the ex-dividend date of November 21, 2023. The company has shown a positive trend in both dividend per share and earnings per share from 2019 to 2022, indicating financial health and potential for continued profit distribution. Jerash Holdings (US) (NASDAQ:JRSH) currently leads with a higher annualized dividend yield of 7.02%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:05 pm

Jerash Holdings (US) reported a decrease in earnings per share (EPS) for Q2, with $0.03 compared to $0.14 year-over-year (YoY). Additionally, the company's sales of $33.36M fell short of the estimated $36.70M.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:06 pm

Numerous companies are scheduled to report their earnings on November 13, 2023, both before the bell and after. The list includes a wide range of industries and market caps, with some companies expected to report profits while others are anticipated to report losses. Key companies reporting include Tyson Foods, Henry Schein, and AECOM, with expected earnings per share of $0.29, $1.32, and $0.98 respectively. Other companies like IM Cannabis, Roivant Sciences, and Genius Sports are projected to report losses.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 11:40 am

Jerash Holdings (US) (NASDAQ:JRSH) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with analysts expecting an EPS of $0.07. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has been sensitive to earnings performance and guidance rather than just earnings beats or misses. Last quarter, Jerash Holdings beat EPS estimates but saw a 10.03% drop in share price the following day. Over the last year, the stock has declined by 25.38%.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 5:02 pm

During Friday's after-market session, several consumer discretionary stocks saw significant movement. Connexa Sports Techs (CNXA), Kidpik (PIK), Beachbody Co (BODY), MGO Global (MGOL), and Jerash Holdings (JRSH) all saw increases in their stock prices. On the other hand, Color Star Tech (ADD), Foresight Autonomous (FRSX), AYRO (AYRO), Interactive Strength (TRNR), Visionary Education Tech (GV), and Golden Sun Education Gr (GSUN) all experienced declines.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 9:31 pm

Jerash Holdings (US) (NASDAQ:JRSH) is set to distribute a dividend payout of $0.05 per share on August 23, 2023, equating to an annualized dividend yield of 5.19%. The company has maintained a consistent dividend per share of $0.20 from 2019 to 2022. However, the company's earnings per share decreased from $0.52 to $0.40 during the same period, raising concerns about its financial stability and ability to sustain dividend payouts.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 3:05 pm

On Thursday, 128 companies hit new 52-week lows. The largest company by market cap to set a new low was Corteva (NYSE:CTVA), while the smallest was Esports Entertainment (NASDAQ:GMBL). Galera Therapeutics (NASDAQ:GRTX) was the biggest loser, dropping 84.91%, while Eargo (NASDAQ:EAR) made the biggest reversal, trading flat after hitting a new low.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 5:43 pm

Jerash Holdings (US) (NASDAQ:JRSH) announced it will pay a quarterly dividend of 5 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 5 cents lower. Shareholders who own JRSH as of the end of Monday's session are eligible to receive the dividend, which will be paid out on August 23, 2023.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 2:45 pm

Jerash Holdings (JRSH) expects its revenue for FY24 to be approximately the same as FY23. The company also sets its gross margin goal for FY24 at around 15-16%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:04 pm

Jerash Holdings (US) (NASDAQ:JRSH) reported Q1 earnings of $0.04 per share, beating the analyst consensus estimate of $0.02 by 100%. However, this is a 71.43% decrease from the same period last year. The company also reported quarterly sales of $34.74 million, beating the analyst consensus estimate of $31.25 million by 11.15%, a 3.88% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:03 pm

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