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

Company Overview

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.

Key Stats

• Today's Range: $31.20 to $32.22
• 50-Day Range: $31.27 to $37.19
• 52-Week Range: $29.88 to $43.57
• Volume: 96,143 shs
• Average Volume: 75,807 shs
• Market Capitalization: $13.61 billion
• P/E Ratio: 31.37
• Dividend Yield: N/A
• Price Target: $40.25
• Consensus Rating: Moderate Buy

James Hardie Industries Stock Analysis - MarketRank™

James Hardie Industries scored higher than 61% of companies evaluated by MarketBeat, and ranked 69th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

James Hardie Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

James Hardie Industries has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 12.24%

Earnings Growth

Earnings for James Hardie Industries are expected to grow by 12.24% in the coming year, from $1.47 to $1.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of James Hardie Industries is 31.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of James Hardie Industries is 31.37, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 27.83.

Price to Earnings Growth Ratio

James Hardie Industries has a PEG Ratio of 4.35. 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 7.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.04% 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 1.6, 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 increased by 428.53%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

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.

Dividend Coverage

The dividend payout ratio of James Hardie Industries is 20.79%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, James Hardie Industries will have a dividend payout ratio of 12.73% next year. This indicates that James Hardie Industries will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.04% 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 1.6, 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 increased by 428.53%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.89

News Sentiment

James Hardie Industries has a news sentiment score of 0.89. 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 news sentiment score is similar to the average news sentiment of Construction companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for James Hardie Industries this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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.

JHX Stock Analysis - Frequently Asked Questions

How have JHX shares performed this year?

James Hardie Industries' stock was trading at $38.67 at the start of the year. Since then, JHX shares have decreased by 18.1% and is now trading at $31.68.
View the best growth stocks for 2024 here.

How were James Hardie Industries' earnings last quarter?

James Hardie Industries plc (NYSE:JHX) issued its quarterly earnings results on Tuesday, November, 12th. The construction company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. The firm's revenue was down 3.8% compared to the same quarter last year.

Does James Hardie Industries have any subsidiaries?

James Hardie Industries subsidiaries include these companies: Fermacell.

Who are James Hardie Industries' major shareholders?

James Hardie Industries' top institutional shareholders include Natixis Advisors LLC (0.04%), FMR LLC (0.04%), Creative Planning (0.02%) and Mediolanum International Funds Ltd (0.01%).

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.
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What other stocks do shareholders of James Hardie Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that James Hardie Industries investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 12/21/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Concrete products, not elsewhere classified
• Sub-Industry: Construction Materials
• Current Symbol: NYSE:JHX
• CUSIP: N/A
• CIK: 1159152
• Web: www.ir.jameshardie.com.au
• Phone: (531) 411-6924
• Fax: 353-1479-1128
• Employees: 5,679
• Year Founded: 1888

Price Target and Rating

• Average Stock Price Target: $40.25
• High Stock Price Target: $45.00
• Low Stock Price Target: $35.50
• Potential Upside/Downside: +27.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.01
• Trailing P/E Ratio: 31.37
• Forward P/E Ratio: 21.55
• P/E Growth: 4.35
• Net Income: $510.20 million
• Net Margins: 11.16%
• Pretax Margin: 17.53%
• Return on Equity: 35.93%
• Return on Assets: 14.03%

Debt

• Debt-to-Equity Ratio: 0.57
• Current Ratio: 2.02
• Quick Ratio: 1.50

Sales & Book Value

• Annual Sales: $3.94 billion
• Price / Sales: 3.46
• Cash Flow: $1.88 per share
• Price / Cash Flow: 16.89
• Book Value: $4.27 per share
• Price / Book: 7.42

Miscellaneous

• Outstanding Shares: 429,460,000
• Free Float: N/A
• Market Cap: $13.61 billion
• Optionable: Optionable
• Beta: 1.77