Should I buy or sell James Hardie Industries stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for James Hardie Industries in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" JHX shares. View JHX analyst ratings or view top-rated stocks .

What is James Hardie Industries' stock price target for 2024?

2 equities research analysts have issued 12-month price objectives for James Hardie Industries' shares. Their JHX share price targets range from $35.50 to $35.50. On average, they predict the company's share price to reach $35.50 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View analysts price targets for JHX or view top-rated stocks among Wall Street analysts .

How have JHX shares performed in 2024?

James Hardie Industries' stock was trading at $38.67 on January 1st, 2024. Since then, JHX shares have decreased by 11.4% and is now trading at $34.28. View the best growth stocks for 2024 here .

Are investors shorting James Hardie Industries?

James Hardie Industries saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 35,700 shares, a decline of 24.4% from the March 15th total of 47,200 shares. Based on an average daily volume of 46,400 shares, the days-to-cover ratio is currently 0.8 days. View James Hardie Industries' Short Interest .

When is James Hardie Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024. View our JHX earnings forecast .

How can I listen to James Hardie Industries' earnings call?

James Hardie Industries will be holding an earnings conference call on Monday, May 20th at 7:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were James Hardie Industries' earnings last quarter?

James Hardie Industries plc (NYSE:JHX) issued its earnings results on Monday, February, 12th. The construction company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. The construction company had revenue of $978.30 million for the quarter, compared to analysts' expectations of $960.23 million. James Hardie Industries had a trailing twelve-month return on equity of 38.75% and a net margin of 13.93%. The company's revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 EPS.

What ETF holds James Hardie Industries' stock?

R3 Global Dividend Growth ETF holds 4,271 shares of JHX stock, representing 1.28% of its portfolio.

What other stocks do shareholders of James Hardie Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other James Hardie Industries investors own include General Mills (GIS) , General Motors (GM) , International Business Machines (IBM) , Marathon Petroleum (MPC) , Pfizer (PFE) , Wells Fargo & Company (WFC) , Exxon Mobil (XOM) , Algonquin Power & Utilities (AQN) , Actinium Pharmaceuticals (ATNM) and BCE (BCE) .

Who are James Hardie Industries' major shareholders?

James Hardie Industries' stock is owned by many different retail and institutional investors. Top institutional investors include DGS Capital Management LLC (0.00%), Ballentine Partners LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%), GAMMA Investing LLC (0.00%) and Atlas Capital Advisors LLC (0.00%).

How do I buy shares of James Hardie Industries?

Shares of JHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does James Hardie Industries have any subsidiaries?

The following companies are subsidiares of James Hardie Industries: Fermacell. Read More

NYSE:JHX

James Hardie Industries (JHX) Stock Price, News & Analysis

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$34.28

-0.45 (-1.30%)

(As of 04/18/2024 ET)

Compare

Today's Range: $34.27
▼
$34.92
50-Day Range: $34.18
▼
$41.50
52-Week Range: $21.76
▼
$41.98

Volume: 37,606 shs
Average Volume: 46,995 shs
Market Capitalization: $14.94 billion

P/E Ratio: 28.33
Dividend Yield: N/A
Price Target: $35.50

Get James Hardie Industries alerts:

James Hardie Industries MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.50 Rating Score
Upside/Downside: 3.6% Upside
$35.50 Price Target
Short Interest: Healthy
0.01% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.08
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 3.12%
From $1.60 to $1.65 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.38 out of 5 stars

Construction Sector

98th out of 100 stocks

Concrete Products, Not Elsewhere Classified Industry

1st out of 1 stocks

0.8

Analyst's Opinion

Consensus Rating
James Hardie Industries has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
James Hardie Industries has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.01% of the outstanding shares of James Hardie Industries have been sold short.
Short Interest Ratio / Days to Cover
James Hardie Industries has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in James Hardie Industries has recently decreased by 24.36%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
James Hardie Industries does not currently pay a dividend.
Dividend Growth
James Hardie Industries does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for JHX.

1.7

News and Social Media Coverage

News Sentiment
James Hardie Industries has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for James Hardie Industries this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for JHX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added James Hardie Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, James Hardie Industries insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 7.96% of the stock of James Hardie Industries is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for James Hardie Industries are expected to grow by 3.12% in the coming year, from $1.60 to $1.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of James Hardie Industries is 28.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of James Hardie Industries is 28.33, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.80.
Price to Earnings Growth Ratio
James Hardie Industries has a PEG Ratio of 1.66. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
James Hardie Industries has a P/B Ratio of 9.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About James Hardie Industries Stock (NYSE:JHX)

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. It offers fiber cement interior linings, exterior siding products, and related accessories; and various fiber cement products for a range of applications, including external cladding, internal walls, ceilings, floors, soffits, fences, and facades. The company also provides fiber gypsum and cement-bonded boards for use in the timber frame construction, dry lining, DIY, and structural fire protection applications. Its products are used in residential repair and remodel, and commercial and residential new construction markets James Hardie Industries plc was founded in 1888 and is based in Dublin, Ireland.

JHX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

JHX Stock News Headlines

April 16, 2024 | americanbankingnews.com

James Hardie Industries (NYSE:JHX) Stock Rating Lowered by StockNews.com

April 12, 2024 | insidermonkey.com

5 Biggest Precious Metals and Minerals Companies in Australia in 2024

April 18, 2024 | InvestorPlace (Ad)

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April 12, 2024 | businesswire.com

James Hardie Industries To Announce Fourth Quarter And Fiscal Year 2024 Financial Results on 21 May 2024

April 11, 2024 | uk.investing.com

BofA raises James Hardie stock target, retains underperform

April 9, 2024 | americanbankingnews.com

James Hardie Industries (NYSE:JHX) Upgraded to Strong-Buy at StockNews.com

March 27, 2024 | finance.yahoo.com

Investors in James Hardie Industries (ASX:JHX) have seen splendid returns of 259% over the past five years

March 22, 2024 | morningstar.com

James Hardie Industries PLC ADR JHX

April 18, 2024 | InvestorPlace (Ad)

The Next Nvidia?

March 15, 2024 | markets.businessinsider.com

Macquarie Sticks to Its Buy Rating for James Hardie (JHIUF)

February 27, 2024 | prnewswire.com

James Hardie Partners with Habitat for Humanity International to Help Build Climate Resilient Homes in Communities Across the Country

February 27, 2024 | finance.yahoo.com

Is James Hardie Industries plc (ASX:JHX) Expensive For A Reason? A Look At Its Intrinsic Value

February 24, 2024 | msn.com

James Hardie Industries plc - Depositary Receipt () (JHX) Price Target Increased by 8.82% to 39.57

February 22, 2024 | ca.finance.yahoo.com

JHX Mar 2024 30.000 call

February 13, 2024 | finance.yahoo.com

With 60% institutional ownership, James Hardie Industries plc (ASX:JHX) is a favorite amongst the big guns

February 12, 2024 | afr.com

James Hardie says rate cuts needed to revive renovations

February 12, 2024 | msn.com

James Hardie Non-GAAP EPS of $0.41, revenue of $978.3M beats by $17.83M

February 12, 2024 | seekingalpha.com

James Hardie Industries plc 2024 Q3 - Results - Earnings Call Presentation

February 12, 2024 | markets.businessinsider.com

What Wall Street expects from James Hardie Industries's earnings

February 12, 2024 | markets.businessinsider.com

James Hardie Industries is about to announce its earnings — here's what Wall Street expects

February 1, 2024 | finance.yahoo.com

James Hardie (JHX) Increases Yet Falls Behind Market: What Investors Need to Know

January 23, 2024 | finance.yahoo.com

James Hardie Teams Up with the Pro Football Hall of Fame to Create Innovative New PGA TOUR Champions Event - Debuting in 2025

January 11, 2024 | finance.yahoo.com

James Hardie Industries To Announce Third Quarter Fiscal Year 2024 Financial Results on 13 February 2024

December 27, 2023 | markets.businessinsider.com

Jefferies Reaffirms Their Hold Rating on James Hardie (JHIUF)

November 27, 2023 | msn.com

James Hardie Industries plc - ADR (JHX) Price Target Increased by 9.91% to 36.12

November 15, 2023 | seekingalpha.com

James Hardie Industries: Strategy And Market Share Gains Keep Us Bullish

November 13, 2023 | finance.yahoo.com

Is James Hardie Industries (JHX) Outperforming Other Construction Stocks This Year?

See More Headlines

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Company Calendar

Last Earnings: 2/12/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/21/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Construction
Industry: Concrete products, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:JHX
CUSIP: N/A
CIK: 1159152
Web: www.ir.jameshardie.com.au
Phone: (531) 411-6924
Fax: 353-1479-1128
Employees: 5,473
Year Founded: 1888

Price Target and Rating

Average Stock Price Target: $35.50
High Stock Price Target: $35.50
Low Stock Price Target: $35.50
Potential Upside/Downside: +3.6%
Consensus Rating: Reduce
Rating Score (0-4): 1.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.21
Trailing P/E Ratio: 28.33
Forward P/E Ratio: 21.43
P/E Growth: 1.66
Net Income: $512 million
Net Margins: 13.93%
Pretax Margin: 20.71%
Return on Equity: 38.75%
Return on Assets: 14.93%

Debt

Debt-to-Equity Ratio: 0.60
Current Ratio: 1.89
Quick Ratio: 1.46

Sales & Book Value

Annual Sales: $3.78 billion
Price / Sales: 3.95
Cash Flow: $1.71 per share
Price / Cash Flow: 20.09
Book Value: $3.65 per share
Price / Book: 9.39

Miscellaneous

Outstanding Shares: 435,690,000
Free Float: N/A
Market Cap: $14.94 billion
Optionable: Optionable
Beta: 1.69

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Key Executives

Mr. Aaron M. Erter (Age 50)
CEO & Executive Director
Comp: $2.71M
Mr. Ryan Kilcullen B.Sc. (Age 43)
M.Sc., MS, Executive Vice President of Global Operations
Comp: $621.37k
Dr. Joe Liu (Age 61)
Chief Technology Officer
Comp: $591.02k
Mr. Sean Gadd B.E. (Age 51)
BEng, M.B.A., President of North America
Comp: $912.63k
Ms. Rachel Wilson (Age 52)
Chief Financial Officer
Mr. James Johnson II (Age 52)
Chief Information Officer
Mr. James Brennan-Chong
Director of Investor Relations & Market Intelligence
Mr. Timothy A. Beastrom B.A. (Age 57)
J.D., Chief Legal Counsel & Chief Compliance Officer
Mr. Joel Wasserman (Age 62)
Vice President of Corporate Communications & Global Brand Management
Mr. Farhaj Majeed (Age 46)
Chief Human Resources Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

JHX Stock Analysis - Frequently Asked Questions

Should I buy or sell James Hardie Industries stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for James Hardie Industries in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" JHX shares.
View JHX analyst ratings or view top-rated stocks.
What is James Hardie Industries' stock price target for 2024?: 2 equities research analysts have issued 12-month price objectives for James Hardie Industries' shares. Their JHX share price targets range from $35.50 to $35.50. On average, they predict the company's share price to reach $35.50 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for JHX or view top-rated stocks among Wall Street analysts.
How have JHX shares performed in 2024?: James Hardie Industries' stock was trading at $38.67 on January 1st, 2024. Since then, JHX shares have decreased by 11.4% and is now trading at $34.28.
View the best growth stocks for 2024 here.
Are investors shorting James Hardie Industries?: James Hardie Industries saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 35,700 shares, a decline of 24.4% from the March 15th total of 47,200 shares. Based on an average daily volume of 46,400 shares, the days-to-cover ratio is currently 0.8 days.
View James Hardie Industries' Short Interest.
When is James Hardie Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our JHX earnings forecast.
How can I listen to James Hardie Industries' earnings call?: James Hardie Industries will be holding an earnings conference call on Monday, May 20th at 7:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were James Hardie Industries' earnings last quarter?: James Hardie Industries plc (NYSE:JHX) issued its earnings results on Monday, February, 12th. The construction company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. The construction company had revenue of $978.30 million for the quarter, compared to analysts' expectations of $960.23 million. James Hardie Industries had a trailing twelve-month return on equity of 38.75% and a net margin of 13.93%. The company's revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 EPS.
What ETF holds James Hardie Industries' stock?: R3 Global Dividend Growth ETF holds 4,271 shares of JHX stock, representing 1.28% of its portfolio.
What other stocks do shareholders of James Hardie Industries own?: Based on aggregate information from My MarketBeat watchlists, some companies that other James Hardie Industries investors own include General Mills (GIS), General Motors (GM), International Business Machines (IBM), Marathon Petroleum (MPC), Pfizer (PFE), Wells Fargo & Company (WFC), Exxon Mobil (XOM), Algonquin Power & Utilities (AQN), Actinium Pharmaceuticals (ATNM) and BCE (BCE).
Who are James Hardie Industries' major shareholders?: James Hardie Industries' stock is owned by many different retail and institutional investors. Top institutional investors include DGS Capital Management LLC (0.00%), Ballentine Partners LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%), GAMMA Investing LLC (0.00%) and Atlas Capital Advisors LLC (0.00%).
How do I buy shares of James Hardie Industries?: Shares of JHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does James Hardie Industries have any subsidiaries?: The following companies are subsidiares of James Hardie Industries: Fermacell.
Read More

This page (NYSE:JHX) was last updated on 4/18/2024 by MarketBeat.com Staff

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