Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Jerash holdings (US) Inc (NASDAQ: JRSH) closed at $3.1 in the last session, down -0.96% from day before closing price of $3.13. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 0.24 million shares were traded. JRSH stock price reached its highest trading level at $3.195 during the session, while it also had its lowest trading level at $3.065.
Ratios:
We take a closer look at JRSH’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 2.73. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In the most recent recommendation for this company, Aegis Capital on October 27, 2020, initiated with a Buy rating and assigned the stock a target price of $8.
On April 17, 2019, DA Davidson started tracking the stock assigning a Buy rating and target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JRSH now has a Market Capitalization of 39369812 and an Enterprise Value of 33043112. As of this moment, Jerash’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.40, and their Forward P/E ratio for the next fiscal year is 12.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 0.226 whereas that against EBITDA is 5.356.
Stock Price History:
The Beta on a monthly basis for JRSH is 1.04, which has changed by -0.08211142 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, JRSH has reached a high of $4.17, while it has fallen to a 52-week low of $2.81. The 50-Day Moving Average of the stock is -5.30%, while the 200-Day Moving Average is calculated to be -6.53%.
Shares Statistics:
According to the various share statistics, JRSH traded on average about 137.13K shares per day over the past 3-months and 46940 shares per day over the past 10 days. A total of 12.70M shares are outstanding, with a floating share count of 6.15M. Insiders hold about 51.58% of the company’s shares, while institutions hold 8.42% stake in the company. Shares short for JRSH as of 1763078400 were 17364 with a Short Ratio of 0.13, compared to 1760486400 on 5001. Therefore, it implies a Short% of Shares Outstanding of 17364 and a Short% of Float of 0.47999998000000005.
Dividends & Splits
The forward annual dividend rate for JRSH is 0.20, which was 0.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.064516135. The stock’s 5-year Average Dividend Yield is 4.88.
Earnings Estimates
The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.15 and $0.15 for the fiscal current year, implying an average EPS of $0.15. EPS for the following year is $0.37, with 1.0 analysts recommending between $0.37 and $0.37.
Revenue Estimates
According to 2 analysts,. The current quarter’s revenue is expected to be $42.3M. It ranges from a high estimate of $42.5M to a low estimate of $42.1M. As of. The current estimate, Jerash holdings (US) Inc’s year-ago sales were $35.38MFor the next quarter, 2 analysts are estimating revenue of $35.8M. There is a high estimate of $38M for the next quarter, whereas the lowest estimate is $33.6M.
A total of 2 analysts have provided revenue estimates for JRSH’s current fiscal year. The highest revenue estimate was $161.7M, while the lowest revenue estimate was $157.7M, resulting in an average revenue estimate of $159.7M. In the same quarter a year ago, actual revenue was $145.81MBased on 2 analysts’ estimates, the company’s revenue will be $172M in the next fiscal year. The high estimate is $173.5M and the low estimate is $170.5M.
