Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of JHX’s
competitive advantage. CANBERRA (MarketWatch) — Building products maker James Hardie Industries SE (JHX.AU) Tuesday reported a narrower third-quarter net loss of US$4.8 million, compared with US$26.4 million a year earlier. SYDNEY–James Hardie Industries PLC (JHX.AU), one of the biggest makers of cladding for U.S. homes, said Monday it more than doubled first-quarter earnings and may continue to pay out larger-than-usual dividends.
- Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
- Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
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- According to the issued ratings of 5 analysts in the last year, the consensus rating for James Hardie Industries stock is Hold based on the current 1 sell rating, 2 hold ratings and 2 buy ratings for JHX.
Sign-up to receive the latest news and ratings for James Hardie Industries and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. The largest hard siding company in North America becomes exclusive hard siding provider to the largest homebuilder in the US CHICAGO , Aug. 3, 2023 /PRNewswire/ — James Hardie Building Products Inc.,… Provides a general description of the business conducted by this company.
View analysts price targets for JHX or view top-rated stocks among Wall Street analysts. According to the issued ratings of 5 analysts in the last year, the consensus rating for James Hardie Industries stock is Hold based distinguish between debtors and creditors class 11 on the current 1 sell rating, 2 hold ratings and 2 buy ratings for JHX. The average twelve-month price prediction for James Hardie Industries is $29.80 with a high price target of $29.80 and a low price target of $29.80.
James Hardie Industries Stock vs. The Competition
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023.
One share of JHX stock can currently be purchased for approximately $28.47. The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023. James Hardie, the world’s largest fibre cement maker, on Monday raised its annual profit forecast for the fourth time this fiscal year, and guided to even higher earnings next year, driven by a boom i… With the industrial sector’s global shift toward greater sustainability enhancing its prospects, could these building material stocks, James Hardie Industries (JHX), Installed Building Products, Inc. (IBP),…
James Hardie Industries PLC: A High-Performing Giant in the Building Materials Industry
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. James Hardie Industries SE JHX.AU said Tuesday the head of its U.S. business, Nigel Rigby, is leaving the building-materials company effective June 30. James Hardie Chief Executive Louis Gries has assumed responsibility fo…
The company operates through North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products segments. 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. 5 brokerages have issued 1 year target prices for James Hardie Industries’ shares. On average, they anticipate the company’s stock price to reach $29.80 in the next year. This suggests a possible upside of 4.7% from the stock’s current price.
Price and EPS Surprise Chart
Based on an average daily trading volume, of 52,500 shares, the days-to-cover ratio is currently 0.3 days. According to analysts, James Hardie Industries’s stock has a predicted upside of 50.58% based on their 12-month price targets. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. According to one analyst, the rating for JHX stock is “Strong Buy” and the 12-month stock price forecast is $29.8.
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use https://1investing.in/ alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. We’d like to share more about how we work and what drives our day-to-day business.
Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. James Hardie Industries’ stock was trading at $17.94 at the beginning of the year. Since then, JHX shares have increased by 58.7% and is now trading at $28.47.
Company Profile JHX
5 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for James Hardie Industries in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” JHX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JHX, but not buy additional shares or sell existing shares.
A quarterly cash dividend of $0.21 per share of Class A Common Stock. The quarterly cash dividend was payable on June 29, 2022 to stockholders of record on May 26, 2022. R3 Global Dividend Growth ETF holds 4,271 shares of JHX stock, representing 1.28% of its portfolio. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum.
- Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends. - The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals.
- More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
- There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
- With the industrial sector’s global shift toward greater sustainability enhancing its prospects, could these building material stocks, James Hardie Industries (JHX), Installed Building Products, Inc. (IBP),…
The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. High-growth stocks tend to represent the technology, healthcare, and communications sectors.
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The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
Basic Materials Stocks Moving Tuesday: JHX, ALTO, CURUF, HDSN, SVFD, IFF, TMC, AMLI – InvestorsObserver
Basic Materials Stocks Moving Tuesday: JHX, ALTO, CURUF, HDSN, SVFD, IFF, TMC, AMLI.
Posted: Tue, 08 Aug 2023 07:00:00 GMT [source]
They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. James Hardie Industries saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 17,700 shares, an increase of 9.9% from the August 15th total of 16,100 shares.
The Barchart Technical Opinion rating is a 72% Buy with a Weakest short term outlook on maintaining the current direction. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.