Jerash Stock Today

Jerash Holdings is trading at 8.05 as of the 28th of September 2021. This is a 3.47% increase since the beginning of the trading day. The stock's open price was 7.78. Equity ratings for Jerash Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of July 2021 and ending today, the 28th of September 2021. Click here to learn more.

Jerash Holdings Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. Jerash Holdings , Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear. The company was incorporated in 2016 and is based in Fairfield, New Jersey. Jerash Holdings operates under Apparel Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 4500 people. more on Jerash Holdings
Jerash Holdings is not yet fully synchronised with the market data
Jerash Holdings is unlikely to experience financial distress in the next 2 years
Jerash Holdings currently holds about 8.74 M in cash with (5.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77.
Roughly 74.0% of the company shares are held by company insiders
Latest headline from www.marketscreener.com: JERASH HOLDINGS , INC. Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits - marketscreener.com
Jerash Holdings Fama & French Apparel
Apparel
Fama & French Classification
Jerash Holdings SEC Filings
Jerash Holdings SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameJerash Holdings
President Treasurer, DirectorLin Choi  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
  Apparel
Average Analyst Recommendation
Analysts covering Jerash Holdings report their recommendations after researching Jerash Holdings' financial statements, talking to executives and customers, or listening in on Jerash Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Jerash Holdings. The Jerash consensus assessment is calculated by taking the average forecast from all of the analysts covering Jerash Holdings.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Jerash Holdings based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Jerash Holdings financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares12 M11.3 M
Notably Up
Increasing
Slightly volatile
Weighted Average Shares Diluted12.1 M11.3 M
Notably Up
Increasing
Slightly volatile
Net Cash Flow from Operations(1.5 M)(1.5 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets70.6 M73.3 M
Sufficiently Down
Increasing
Slightly volatile
Total Liabilities15.6 M16.6 M
Notably Down
Increasing
Slightly volatile
Current Assets62.5 M64.7 M
Sufficiently Down
Increasing
Slightly volatile
Current Liabilities13.8 M14.5 M
Notably Down
Increasing
Very volatile
Total Debt1.7 M1.9 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets0.08370.059
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.190.177
Notably Up
Decreasing
Slightly volatile
Asset Turnover1.31.283
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Jerash Holdings' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Financial Strength
Jerash Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Jerash Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Jerash Holdings' financial leverage. It provides some insight into what part of Jerash Holdings' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Jerash Holdings' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Jerash Holdings deploys its capital and how much of that capital is borrowed.
Liquidity
Jerash Holdings cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.58 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Jerash Holdings has a current ratio of 5.47, suggesting that it is liquid enough and is able to pay its financial obligations when due.

Operating Cash Flow

(1.54 Million)Share
Jerash Holdings (JRSH) is traded on NASDAQ Exchange in USA. It is located in 277 Fairfield Road and employs 4,500 people. Jerash Holdings is listed under Apparel category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with current market capitalization of 91.17 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jerash Holdings's market, we take the total number of its shares issued and multiply it by Jerash Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Jerash Holdings conducts business under Consumer Cyclical sector and is part of Apparel Manufacturing industry. The entity has 11.32 M outstanding shares of which 7.07 K shares are currently shorted by private and institutional investors with about 0.33 trading days to cover. Jerash Holdings currently holds about 8.74 M in cash with (5.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77.
Check Jerash Holdings Probability Of Bankruptcy

Jerash Stock Price Odds Analysis

What are Jerash Holdings' target price odds to finish over the current price? In reference to a normal probability distribution, the odds of Jerash Holdings jumping above the current price in 90 days from now is about 8.8%. The Jerash Holdings probability density function shows the probability of Jerash Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Jerash Holdings has a beta of -0.1063. This indicates as returns on benchmark increase, returns on holding Jerash Holdings are expected to decrease at a much lower rate. During the bear market, however, Jerash Holdings is likely to outperform the market. Additionally, the company has an alpha of 0.3686, implying that it can generate a 0.37 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 8.05HorizonTargetOdds Up 8.05 
91.12%90 days
 8.05 
8.80%
Based on a normal probability distribution, the odds of Jerash Holdings to move above the current price in 90 days from now is about 8.8 (This Jerash Holdings probability density function shows the probability of Jerash Stock to fall within a particular range of prices over 90 days) .

Jerash Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Jerash Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Jerash Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Jerash Holdings' value.
InstituionSecurity TypeTotal SharesValue
Howe Rusling IncCommon Shares117.6 K783 K
Renaissance Technologies LlcCommon Shares100.7 K671 K
View Jerash Holdings Diagnostics

Jerash Holdings Historical Income Statement

Jerash Holdings Income Statement is one of the three primary financial statements used for reporting Jerash's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Jerash Holdings revenue and expense. Jerash Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Jerash Holdings Earning Before Interest and Taxes EBIT is most likely to decrease significantly in the upcoming years. The last year's value of Earning Before Interest and Taxes EBIT was reported at 5.5 Million. The current Gross Profit is estimated to increase to about 18.4 M, while Net Income to Non Controlling Interests is projected to decrease to (1.2 K). View More Fundamentals

Jerash Stock Against Markets

Picking the right benchmark for Jerash Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Jerash Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Jerash Holdings is critical whether you are bullish or bearish towards Jerash Holdings at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Jerash Holdings stock to make a market-neutral strategy. Peer analysis of Jerash Holdings could also be used in its relative valuation, which is a method of valuing Jerash Holdings by comparing valuation metrics with similar companies.

Jerash Holdings Corporate Executives

Elected by the shareholders, the Jerash Holdings' board of directors comprises two types of representatives: Jerash Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jerash. The board's role is to monitor Jerash Holdings' management team and ensure that shareholders' interests are well served. Jerash Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Jerash Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Please see Risk vs Return Analysis. Note that the Jerash Holdings information on this page should be used as a complementary analysis to other Jerash Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Jerash Holdings price analysis, check to measure Jerash Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
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The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Jerash Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.