Stephens Has Lowered Expectations for James Hardie Industries (NYSE:JHX) Stock Price

James Hardie Industries (NYSE:JHX) had its price target lowered by equities researchers at Stephens from $34.00 to $33.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an “overweight” rating on the construction company’s stock. Stephens‘s price target points to a potential upside of 18.30% from the company’s previous close.

A number of other research analysts have also commented on JHX. Oppenheimer restated an “outperform” rating and issued a $36.00 target price on shares of James Hardie Industries in a research note on Wednesday, September 16th. Barclays raised shares of James Hardie Industries from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $26.00 to $35.00 in a report on Monday, August 10th. Melius Research started coverage on shares of James Hardie Industries in a research note on Tuesday, October 6th. They issued a “buy” rating and a $36.00 price objective for the company. UBS Group reaffirmed a “buy” rating on shares of James Hardie Industries in a report on Wednesday, September 16th. Finally, Loop Capital assumed coverage on shares of James Hardie Industries in a report on Monday, September 14th. They set a “buy” rating and a $35.00 price objective for the company. Ten equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.44.

James Hardie Industries Stock Performance

Shares of James Hardie Industries stock traded down $0.76 on Friday, reaching $27.90. The stock had a trading volume of 8,697,469 shares, compared to its average volume of 7,800,455. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.03 and a current ratio of 1.59. The business’s 50-day moving average price is $26.86 and its two-hundred day moving average price is $24.47. The stock has a market cap of $16.19 billion, a P/E ratio of 111.33, a price-to-earnings-growth ratio of 3.02 and a beta of 1.78. James Hardie Industries has a fifty-two week low of $16.46 and a fifty-two week high of $31.43.

James Hardie Industries (NYSE:JHX) last issued its quarterly earnings results on Thursday, November 5th. The construction company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. James Hardie Industries had a net margin of 2.69% and a return on equity of 10.56%. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the firm earned $0.26 EPS. The business’s revenue was up 10.5% on a year-over-year basis. On average, sell-side analysts forecast that James Hardie Industries will post 1.26 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Ritholtz Wealth Management bought a new stake in James Hardie Industries during the 3rd quarter worth about $4,239,000. Lido Advisors LLC bought a new position in James Hardie Industries in the 3rd quarter worth approximately $256,000. Pictet Asset Management Holding SA bought a new position in James Hardie Industries in the 3rd quarter valued at $2,211,000. Parallel Advisors LLC increased its stake in shares of James Hardie Industries by 14.0% in the 3rd quarter. Parallel Advisors LLC now owns 3,640 shares of the construction company’s stock valued at $92,000 after buying an additional 446 shares during the period. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of James Hardie Industries in the 3rd quarter valued at $311,000. 7.96% of the stock is owned by institutional investors.

Key Headlines Impacting James Hardie Industries

Here are the key news stories impacting James Hardie Industries this week:

• Positive Sentiment: Fiscal Q2 earnings were $0.42 per share, above the $0.38 consensus, while revenue of $1.43 billion also topped estimates and rose 10.5% year over year. James Hardie Q2 results
• Positive Sentiment: FY 2027 revenue guidance of $5.6 billion to $5.7 billion is above the $5.4 billion analyst consensus, indicating the company expects full-year sales to outperform current forecasts. FY27 results and outlook
• Neutral Sentiment: Truist cut its price target to $37 from $40 but maintained a Buy rating, suggesting continued upside potential while signaling a more cautious valuation view.
• Negative Sentiment: Management’s Q3 FY 2027 revenue guidance of $1.1 billion is below the $1.2 billion consensus. This near-term shortfall appears to have overshadowed the earnings beat and stronger full-year revenue outlook, contributing to the shares’ decline. Report on outlook

James Hardie Industries Company Profile

James Hardie Industries plc is a global building materials manufacturer specializing in fiber cement products. Its portfolio includes exterior siding, trim, soffits, backer board and related solutions used in residential and commercial construction, remodeling and repair projects.

The company markets products under brands including James Hardie, HardiePlank, HardiePanel and HardieBacker. Fiber cement is designed to provide durability and resistance to moisture, fire, pests and changing weather conditions, making it an alternative to materials such as wood, vinyl and traditional cement products.

Founded in Australia in 1888, James Hardie has expanded into an international building products business serving customers across North America, Australia and New Zealand, Europe and other selected markets.