James Hardie Industries (NYSE:JHX) Issues Q2 2026 Earnings Guidance

Key Points

• James Hardie Industries has provided an optimistic Q2 2026 earnings guidance, projecting earnings per share between 0.260-0.270, surpassing the consensus estimate of 0.160.
• The company also revised its revenue guidance to $1.3 billion, compared to a consensus estimate of $1.2 billion.
• Analysts maintain a generally positive outlook on the stock, with an average consensus price target of $31.89 and multiple firms rating it as a "Buy" or "Outperform."

James Hardie Industries (NYSE:JHX - Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.260-0.270 for the period, compared to the consensus estimate of 0.160. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion.

James Hardie Industries Stock Performance

Shares of JHX stock opened at $20.14 on Tuesday. The firm's 50 day moving average is $22.29 and its 200 day moving average is $23.90. The stock has a market capitalization of $8.66 billion, a P/E ratio of 26.16, a PEG ratio of 2.36 and a beta of 1.79. James Hardie Industries has a 12 month low of $17.85 and a 12 month high of $37.77. The company has a current ratio of 3.76, a quick ratio of 3.31 and a debt-to-equity ratio of 1.12.

James Hardie Industries (NYSE:JHX - Get Free Report) last issued its earnings results on Tuesday, August 19th. The construction company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.07). James Hardie Industries had a return on equity of 27.95% and a net margin of 8.75%.The company had revenue of $899.90 million during the quarter, compared to the consensus estimate of $982.60 million. During the same quarter in the prior year, the business earned $0.41 EPS. The firm's revenue for the quarter was down 9.3% compared to the same quarter last year. On average, sell-side analysts anticipate that James Hardie Industries will post 1.39 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group reissued a "neutral" rating on shares of James Hardie Industries in a report on Thursday, August 21st. Jefferies Financial Group assumed coverage on James Hardie Industries in a research note on Friday, August 8th. They set a "buy" rating and a $34.00 price objective for the company. Wolfe Research initiated coverage on James Hardie Industries in a research report on Tuesday, September 30th. They set an "outperform" rating and a $25.00 target price for the company. Baird R W raised James Hardie Industries to a "strong-buy" rating in a report on Friday, July 11th. Finally, Robert W. Baird dropped their price target on James Hardie Industries from $32.00 to $25.00 and set an "outperform" rating for the company in a research report on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $31.89.

Hedge Funds Weigh In On James Hardie Industries

Hedge funds and other institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. raised its holdings in shares of James Hardie Industries by 67.1% during the 2nd quarter. Osaic Holdings Inc. now owns 2,576 shares of the construction company's stock valued at $67,000 after buying an additional 1,034 shares in the last quarter. Tower Research Capital LLC TRC grew its position in James Hardie Industries by 95,062.5% during the second quarter. Tower Research Capital LLC TRC now owns 22,839 shares of the construction company's stock valued at $614,000 after acquiring an additional 22,815 shares during the last quarter. Conversant Capital LLC purchased a new position in shares of James Hardie Industries during the second quarter worth approximately $21,512,000. Captrust Financial Advisors lifted its holdings in shares of James Hardie Industries by 34.4% in the 2nd quarter. Captrust Financial Advisors now owns 15,443 shares of the construction company's stock worth $415,000 after acquiring an additional 3,954 shares during the last quarter. Finally, Sea Cliff Partners Management LP purchased a new stake in shares of James Hardie Industries in the 2nd quarter valued at $24,426,000. 7.96% of the stock is currently owned by hedge funds and other institutional investors.

James Hardie Industries Company Profile

James Hardie Industries plc manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, and the Philippines. The company operates through North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products segments.

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