Jerash Holdings Stock Buy Hold or Sell Recommendation
| JRSH Stock | USD 3.31 0.05 1.49% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Jerash Holdings is 'Strong Hold'. The recommendation algorithm takes into account all of Jerash Holdings' available fundamental, technical, and predictive indicators you will find on this site.
Check out Jerash Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide. In addition, we conduct extensive research on individual companies such as Jerash and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Jerash |
Execute Jerash Holdings Buy or Sell Advice
The Jerash recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Jerash Holdings. Macroaxis does not own or have any residual interests in Jerash Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Jerash Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Jerash Holdings Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 117.19 M. Net Loss for the year was (2.01 M) with profit before overhead, payroll, taxes, and interest of 27.33 M. | |
| Jerash Holdings has a strong financial position based on the latest SEC filings | |
| About 51.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Jerash Holdings , Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
Jerash Holdings Returns Distribution Density
The distribution of Jerash Holdings' historical returns is an attempt to chart the uncertainty of Jerash Holdings' future price movements. The chart of the probability distribution of Jerash Holdings daily returns describes the distribution of returns around its average expected value. We use Jerash Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Jerash Holdings returns is essential to provide solid investment advice for Jerash Holdings.
| Mean Return | 0.18 | Value At Risk | -2.67 | Potential Upside | 2.04 | Standard Deviation | 1.75 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Jerash Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Jerash Stock Institutional Investors
| Shares | Jpmorgan Chase & Co | 2024-06-30 | 9.0 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 4.0 | Acadian Asset Management Llc | 2024-06-30 | 0.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Ubs Group Ag | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-06-30 | 0.0 | Innealta Capital, Llc | 2024-09-30 | 0.0 | Vanguard Group Inc | 2024-09-30 | 158.2 K | Renaissance Technologies Corp | 2024-09-30 | 72.4 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 59.2 K | Geode Capital Management, Llc | 2024-09-30 | 57.4 K |
Jerash Holdings Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (1.6M) | (2.4M) | (3.2M) | (4.4M) | 5.4M | 5.7M | |
| Change In Cash | (1.7M) | (4.1M) | 3.7M | (7.2M) | (5.4M) | (5.1M) | |
| Net Borrowings | (648.7K) | 612.5K | (614.5K) | (300.2K) | (270.1K) | (256.6K) | |
| Free Cash Flow | 2.2M | (2.4M) | 3.9M | 5.0M | 1.2M | 1.2M | |
| Depreciation | 2.0M | 2.6M | 3.0M | 3.4M | 3.3M | 2.2M | |
| Other Non Cash Items | 58.6M | 8.6M | 203.9B | (198.7K) | (219.3K) | (208.4K) | |
| Capital Expenditures | 4.7M | 890.5K | 5.1M | 5.8M | 1.2M | 1.2M | |
| Net Income | 6.5M | 4.1M | 7.9M | 2.4M | (2.0M) | (1.9M) | |
| End Period Cash Flow | 26.1M | 22.9M | 26.6M | 19.4M | 12.4M | 16.8M | |
| Change To Netincome | 284.9K | (59.7K) | 1.2M | 612.6K | 704.5K | 683.3K | |
| Investments | (4.9M) | 124.9K | (8.7M) | (2.2M) | (5.1M) | (4.9M) | |
| Change Receivables | 1.3M | (1.3M) | (6.7M) | 8.7M | 10.0M | 10.5M |
Jerash Holdings Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Jerash Holdings or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Jerash Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Jerash stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 1.79 | |
Ir | Information ratio | 0.03 |
Jerash Holdings Volatility Alert
Jerash Holdings has relatively low volatility with skewness of 3.64 and kurtosis of 23.59. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Jerash Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Jerash Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Jerash Holdings Fundamentals Vs Peers
Comparing Jerash Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Jerash Holdings' direct or indirect competition across all of the common fundamentals between Jerash Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Jerash Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Jerash Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Jerash Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Jerash Holdings to competition |
| Fundamentals | Jerash Holdings | Peer Average |
| Return On Equity | -0.0595 | -0.31 |
| Return On Asset | -0.0203 | -0.14 |
| Profit Margin | (0.03) % | (1.27) % |
| Operating Margin | (0.02) % | (5.51) % |
| Current Valuation | 28.75 M | 16.62 B |
| Shares Outstanding | 12.29 M | 571.82 M |
| Shares Owned By Insiders | 50.86 % | 10.09 % |
| Shares Owned By Institutions | 3.66 % | 39.21 % |
| Number Of Shares Shorted | 5.59 K | 4.71 M |
| Price To Earning | 18.26 X | 28.72 X |
| Price To Book | 0.65 X | 9.51 X |
| Price To Sales | 0.33 X | 11.42 X |
| Revenue | 117.19 M | 9.43 B |
| Gross Profit | 27.33 M | 27.38 B |
| EBITDA | 3.13 M | 3.9 B |
| Net Income | (2.01 M) | 570.98 M |
| Cash And Equivalents | 23.26 M | 2.7 B |
| Cash Per Share | 1.86 X | 5.01 X |
| Total Debt | 989.1 K | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 4.97 X | 2.16 X |
| Book Value Per Share | 5.24 X | 1.93 K |
| Cash Flow From Operations | 2.48 M | 971.22 M |
| Short Ratio | 0.83 X | 4.00 X |
| Earnings Per Share | (0.29) X | 3.12 X |
| Target Price | 4.5 | |
| Number Of Employees | 5 K | 18.84 K |
| Beta | 0.8 | -0.15 |
| Market Capitalization | 40.7 M | 19.03 B |
| Total Asset | 80.25 M | 29.47 B |
| Retained Earnings | 41.7 M | 9.33 B |
| Working Capital | 36.14 M | 1.48 B |
| Current Asset | 37.74 M | 9.34 B |
Note: Acquisition by Yang Wei of tradable shares of Jerash Holdings subject to Rule 16b-3 [view details]
Jerash Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Jerash . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Jerash Holdings Buy or Sell Advice
When is the right time to buy or sell Jerash Holdings? Buying financial instruments such as Jerash Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Jerash Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jerash Holdings. If investors know Jerash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share (0.29) | Revenue Per Share 10.036 | Quarterly Revenue Growth 0.178 | Return On Assets (0.02) |
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 a 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 if Jerash Holdings is a good investment 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.