Analysts Anticipate Jerash Holdings (US) Inc (NASDAQ:JRSH) to Announce $0.20 Earnings Per Share

Share on StockTwits

Analysts predict that Jerash Holdings (US) Inc (NASDAQ:JRSH) will announce earnings of $0.20 per share for the current quarter, according to Zacks. Two analysts have made estimates for Jerash Holdings (US)’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.18. Jerash Holdings (US) posted earnings per share of $0.25 in the same quarter last year, which indicates a negative year-over-year growth rate of 20%. The business is scheduled to announce its next earnings results on Tuesday, August 13th.

According to Zacks, analysts expect that Jerash Holdings (US) will report full year earnings of $0.87 per share for the current year, with EPS estimates ranging from $0.83 to $0.90. For the next financial year, analysts expect that the business will report earnings of $1.00 per share. Zacks’ EPS calculations are an average based on a survey of research analysts that follow Jerash Holdings (US).

A number of research firms have issued reports on JRSH. DA Davidson cut their price target on Comerica from $87.00 to $85.00 and set a “neutral” rating for the company in a research note on Wednesday, April 17th. ValuEngine upgraded Vistra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, July 3rd. Finally, Zacks Investment Research upgraded First Industrial Realty Trust from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research note on Wednesday, June 5th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $9.50.

A hedge fund recently raised its stake in Jerash Holdings (US) stock. Royce & Associates LP lifted its holdings in Jerash Holdings (US) Inc (NASDAQ:JRSH) by 181.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 113,467 shares of the company’s stock after buying an additional 73,133 shares during the period. Royce & Associates LP owned approximately 1.00% of Jerash Holdings (US) worth $664,000 at the end of the most recent reporting period. Institutional investors own 3.67% of the company’s stock.

JRSH stock remained flat at $$7.00 during mid-day trading on Wednesday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 4,939. Jerash Holdings has a fifty-two week low of $4.77 and a fifty-two week high of $8.50. The company’s fifty day moving average is $6.94.

About Jerash Holdings (US)

Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. The company offers jackets, polo shirts, crew neck shirts, pants, and shorts made from knitted fabric. It serves various brand-name retailers in the United States, Jordan, and internationally.

Featured Story: What are benefits of a growth and income fund?

Get a free copy of the Zacks research report on Jerash Holdings (US) (JRSH)

For more information about research offerings from Zacks Investment Research, visit

Earnings History and Estimates for Jerash Holdings (US) (NASDAQ:JRSH)

Receive News & Ratings for Jerash Holdings (US) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jerash Holdings (US) and related companies with's FREE daily email newsletter.