Analyst Valuation and EPS Growth for Jerash Holdings (US) Inc (NASDAQ:JRSH)

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Earnings results for Jerash Holdings (US) Inc (NASDAQ:JRSH)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingMar 2020 , the consensus EPS* forecast has decreased over the past week from 999 to 0.08(99.99%) and decreased over the past month from 999 to 0.08(99.99%). none raised and none lowered their forecast. For the fiscal year ending Mar 2020 , the consensus EPS* forecast has remained the same over the past week at 0.7 and remained the same over the past month at 0.7 . none raised and none lowered their forecast.

Analyst Opinion on Jerash Holdings (US) Inc (NASDAQ:JRSH)

1 Wall Street analysts have issued ratings and price targets for Jerash Holdings (US) in the last 12 months. Their average twelve-month price target is $9.00, suggesting that the stock has a possible upside of 80.36%. The high price target for JRSH is $9.00 and the low price target for JRSH is $9.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Jerash Holdings (US) has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $9.00, Jerash Holdings (US) has a potential upside of 80.4% from its current price of $4.99. Jerash Holdings (US) has received no research coverage in the past 90 days.

Dividend Strength: Jerash Holdings (US) Inc (NASDAQ:JRSH)

Jerash Holdings (US) is a leading dividend payer. It pays a dividend yield of 4.01%, putting its dividend yield in the top 25% of dividend-paying stocks. Jerash Holdings (US) has only been increasing its dividend for 1 years. The dividend payout ratio of Jerash Holdings (US) is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Jerash Holdings (US) will have a dividend payout ratio of 24.39% next year. This indicates that Jerash Holdings (US) will be able to sustain or increase its dividend.

Insiders buying/selling: Jerash Holdings (US) Inc (NASDAQ:JRSH)

In the past three months, Jerash Holdings (US) insiders have not sold or bought any company stock. 47.30% of the stock of Jerash Holdings (US) is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 7.42% of the stock of Jerash Holdings (US) is held by institutions.

Earnings and Valuation of Jerash Holdings (US) Inc (NASDAQ:JRSH

Earnings for Jerash Holdings (US) are expected to grow by 17.14% in the coming year, from $0.70 to $0.82 per share. The P/E ratio of Jerash Holdings (US) is 8.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.57. The P/E ratio of Jerash Holdings (US) is 8.18, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 30.16. Jerash Holdings (US) has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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