Is Jerash Holdings Stock a Good Investment?
Jerash Holdings Investment Advice | JRSH |
- Examine Jerash Holdings' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Jerash Holdings' leadership team and their track record. Good management can help Jerash Holdings navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Jerash Holdings' business and its evolving consumer preferences.
- Compare Jerash Holdings' performance and market position to its competitors. Analyze how Jerash Holdings is positioned in terms of product offerings, innovation, and market share.
- Check if Jerash Holdings pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Jerash Holdings' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Jerash Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Jerash Holdings is a good investment.
Sell | Buy |
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 | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Jerash Holdings Stock
Researching Jerash Holdings' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 51.0% of the company shares are held by company insiders. The company has price-to-book ratio of 0.64. Some equities with similar Price to Book (P/B) outperform the market in the long run. Jerash Holdings recorded a loss per share of 0.29. The entity last dividend was issued on the 22nd of November 2024.
To determine if Jerash Holdings is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Jerash Holdings' research are outlined below:
| 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 simplywall.st: Jerash Holdings , Inc. Just Recorded A 7.5 percent Revenue Beat Heres What Analysts Think |
Jerash Holdings uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Jerash Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Jerash Holdings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Jerash Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Jerash Holdings' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-09 | 2023-06-30 | 0.02 | 0.04 | 0.02 | 100 | ||
2023-02-13 | 2022-12-31 | 0.09 | 0.07 | -0.02 | 22 | ||
2024-02-08 | 2023-12-31 | 0.05 | 0.02 | -0.03 | 60 | ||
2022-02-10 | 2021-12-31 | 0.1 | 0.13 | 0.03 | 30 | ||
2021-02-10 | 2020-12-31 | 0.04 | 0.01 | -0.03 | 75 | ||
2019-06-28 | 2019-03-31 | 0.01 | -0.02 | -0.03 | 300 | ||
2023-11-13 | 2023-09-30 | 0.07 | 0.03 | -0.04 | 57 | ||
2021-11-10 | 2021-09-30 | 0.35 | 0.39 | 0.04 | 11 |
Know Jerash Holdings' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Jerash Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Jerash Holdings backward and forwards among themselves. Jerash Holdings' institutional investor refers to the entity that pools money to purchase Jerash Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 | Access Investment Management Llc | 2024-09-30 | 47.3 K |
Jerash Holdings' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.94 M.Market Cap |
|
Jerash Holdings' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.03) | (0.02) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.03) | (0.03) |
Determining Jerash Holdings' profitability involves analyzing its financial statements and using various financial metrics to determine if Jerash Holdings is a good buy. For example, gross profit margin measures Jerash Holdings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Jerash Holdings' profitability and make more informed investment decisions.
Jerash Holdings' Earnings Breakdown by Geography
Evaluate Jerash Holdings' management efficiency
Jerash Holdings has return on total asset (ROA) of (0.0203) % which means that it has lost $0.0203 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0595) %, meaning that it created substantial loss on money invested by shareholders. Jerash Holdings' management efficiency ratios could be used to measure how well Jerash Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The Jerash Holdings' current Return On Tangible Assets is estimated to increase to -0.02. The Jerash Holdings' current Return On Capital Employed is estimated to increase to -0.0096. As of now, Jerash Holdings' Asset Turnover is decreasing as compared to previous years.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.24 | 3.03 | |
| Tangible Book Value Per Share | 5.20 | 3.05 | |
| Enterprise Value Over EBITDA | 8.43 | 8.38 | |
| Price Book Value Ratio | 0.59 | 0.56 | |
| Enterprise Value Multiple | 8.43 | 8.38 | |
| Price Fair Value | 0.59 | 0.56 | |
| Enterprise Value | 26.4 M | 50.7 M |
Leadership at Jerash Holdings emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.061 | Forward Dividend Yield 0.061 | Forward Dividend Rate 0.2 | Beta 0.8 |
Basic technical analysis of Jerash Stock
As of the 22nd of November, Jerash Holdings retains the Downside Deviation of 1.45, risk adjusted performance of 0.0924, and Market Risk Adjusted Performance of 1.21. Jerash Holdings technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Jerash Holdings' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Jerash Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on Jerash Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Jerash Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Yang Wei over a month ago Acquisition by Yang Wei of tradable shares of Jerash Holdings subject to Rule 16b-3 | ||
Yang Wei over two months ago Acquisition by Yang Wei of 11750 shares of Jerash Holdings subject to Rule 16b-3 | ||
Yang Wei over three months ago Acquisition by Yang Wei of 35000 shares of Jerash Holdings at 5.79 subject to Rule 16b-3 | ||
Karl Brenza over six months ago Disposition of 100000 shares by Karl Brenza of Jerash Holdings at 6.12 subject to Rule 16b-3 | ||
Saif Ibrahim H. over six months ago Acquisition by Saif Ibrahim H. of 4500 shares of Jerash Holdings subject to Rule 16b-3 | ||
Tsze Ng over six months ago Acquisition by Tsze Ng of 125000 shares of Jerash Holdings subject to Rule 16b-3 | ||
Wei Yang over a year ago Acquisition by Wei Yang of 14000 shares of Jerash Holdings subject to Rule 16b-3 | ||
Gary Haseley over a year ago Jerash Holdings exotic insider transaction detected | ||
Lin Choi over a year ago Acquisition by Lin Choi of 125000 shares of Jerash Holdings subject to Rule 16b-3 |
Jerash Holdings' Outstanding Corporate Bonds
Jerash Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Jerash Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Jerash bonds can be classified according to their maturity, which is the date when Jerash Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Jerash Holdings' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Jerash Holdings' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0924 | |||
| Market Risk Adjusted Performance | 1.21 | |||
| Mean Deviation | 0.9957 | |||
| Semi Deviation | 1.02 | |||
| Downside Deviation | 1.45 | |||
| Coefficient Of Variation | 880.46 | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.23 | |||
| Information Ratio | 0.0527 | |||
| Jensen Alpha | 0.1781 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0652 | |||
| Treynor Ratio | 1.2 | |||
| Maximum Drawdown | 12.53 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.35 | |||
| Downside Variance | 2.11 | |||
| Semi Variance | 1.04 | |||
| Expected Short fall | (1.38) | |||
| Skewness | 3.49 | |||
| Kurtosis | 22.43 |
| Risk Adjusted Performance | 0.0924 | |||
| Market Risk Adjusted Performance | 1.21 | |||
| Mean Deviation | 0.9957 | |||
| Semi Deviation | 1.02 | |||
| Downside Deviation | 1.45 | |||
| Coefficient Of Variation | 880.46 | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.23 | |||
| Information Ratio | 0.0527 | |||
| Jensen Alpha | 0.1781 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0652 | |||
| Treynor Ratio | 1.2 | |||
| Maximum Drawdown | 12.53 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.35 | |||
| Downside Variance | 2.11 | |||
| Semi Variance | 1.04 | |||
| Expected Short fall | (1.38) | |||
| Skewness | 3.49 | |||
| Kurtosis | 22.43 |
Consider Jerash Holdings' intraday indicators
Jerash Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Jerash Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 2115.89 | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 3.33 | |||
| Day Typical Price | 3.34 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.03 |
Jerash Holdings Corporate Filings
10Q | 13th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 13th of September 2024 Other Reports | ViewVerify | |
| 25th of July 2024 Other Reports | ViewVerify |
Jerash Stock media impact
Far too much social signal, news, headlines, and media speculation about Jerash Holdings that are available to investors today. That information is available publicly through Jerash media outlets and privately through word of mouth or via Jerash internal channels. However, regardless of the origin, that massive amount of Jerash data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Jerash Holdings news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Jerash Holdings relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Jerash Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Jerash Holdings alpha.
Jerash Holdings Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Jerash Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
When determining whether Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
In summary, please note that there is a difference between Jerash Holdings' value and its price, as these two are different measures arrived at by various 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.