From what 2 stock analysts predict, the share price for Jerash Holdings US Inc (JRSH) might increase by 34.73% in the next year. This is based on a 12-month average estimation for JRSH. Price targets go from $4 to $5. The majority of stock analysts believe JRSH is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assigned JRSH 2 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Jerash Holdings US Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on JRSH. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of JRSH.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Mark Argento Lake Street | Buy | $10 | Maintains | Jun 24, 2022 |
DA Davidson | Buy | Initiates | Oct 13, 2021 | |
Rommel Dionisio Aegis Capital | Buy | $11 | Maintains | Aug 11, 2021 |
Rommel Dionisio Aegis Capital | Buy | $9 | Maintains | Jun 22, 2021 |
Aegis Capital | Buy | Initiates | Oct 27, 2020 | |
DA Davidson | Buy | Initiates | Apr 17, 2019 |
When did it IPO
2018
Staff Count
5,000
Country
United States
Sector/Industry
Consumer Cyclical/Apparel Manufacturing
CEO
Mr. Lin Hung Choi
Market Cap
$41.1M
In 2023, JRSH generated $138.1M in revenue, which was a decrease of -3.69% from the previous year. This can be seen as a signal that JRSH's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - BP and JERA will form a joint venture to combine their offshore wind operations, aiming to enhance their presence in the renewable energy sector.
Why It Matters - The joint venture signals a strategic move into renewable energy, potentially boosting BP's growth prospects and JERA's market position, impacting stock valuations and investor sentiment in the energy sector.
Summary - Jerash Holdings (NASDAQ: JRSH) will hold its Q2 2025 earnings conference call on November 12, 2024, at 9:00 AM ET, featuring key executives and analysts.
Why It Matters - The upcoming earnings call for Jerash Holdings may reveal key financial performance insights, impacting stock valuation and investor sentiment regarding the company's growth prospects.
Summary - Jerash Holdings reported a 21% revenue increase and a 31% rise in gross profit for Q2 of fiscal 2025, indicating a return to profitability as global customer confidence improves.
Why It Matters - Strong revenue and profit growth indicate regained customer confidence and operational efficiency, enhancing Jerash's market position and potential for future growth, positively impacting stock value.
Summary - Jerash Holdings (Nasdaq: JRSH) announced a quarterly dividend of $0.05 per share, payable on November 29, 2024, to shareholders of record as of November 22, 2024.
Why It Matters - Jerash Holdings' quarterly dividend approval indicates financial stability and shareholder value, potentially attracting income-focused investors and impacting stock demand positively.
Summary - Jerash Holdings (NASDAQ:JRSH) will release its Q2 fiscal 2025 financial results on November 12, 2024, before market open, and will hold an investor conference call that day.
Why It Matters - The upcoming financial results announcement and conference call could significantly impact Jerash Holdings' stock price, influencing investor sentiment and market valuation.
Summary - Jerash Holdings (Nasdaq: JRSH) announced that all five nominated directors were re-elected at its annual meeting on September 27, 2024.
Why It Matters - The re-election of all five directors at Jerash Holdings signals stability in leadership, which can foster investor confidence and potentially impact stock performance positively.