Equities Analysts Issue Forecasts for JHX FY2026 Earnings

James Hardie Industries PLC. (NYSE:JHX) – Stock analysts at William Blair upped their FY2026 earnings per share estimates for James Hardie Industries in a report issued on Wednesday, September 24th. William Blair analyst R. Merkel now expects that the construction company will earn $0.84 per share for the year, up from their previous estimate of $0.76. William Blair has a “Outperform” rating on the stock. The consensus estimate for James Hardie Industries’ current full-year earnings is $1.39 per share.

James Hardie Industries (NYSE:JHX) last announced its quarterly earnings data on Tuesday, August 19th. The construction company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.07). James Hardie Industries had a net margin of 8.75% and a return on equity of 27.95%. The firm had revenue of $899.90 million for the quarter, compared to the consensus estimate of $982.60 million. During the same period last year, the company posted $0.41 earnings per share. James Hardie Industries’s revenue for the quarter was down 9.3% on a year-over-year basis.

Several other equities analysts have also weighed in on JHX. Robert W. Baird reduced their price objective on James Hardie Industries from $32.00 to $25.00 and set an “outperform” rating for the company in a report on Wednesday, August 20th. Macquarie raised James Hardie Industries from a “neutral” rating to an “outperform” rating in a report on Monday, July 28th. Wolfe Research initiated coverage on James Hardie Industries in a report on Tuesday. They set an “outperform” rating and a $25.00 price objective for the company. UBS Group reissued a “neutral” rating on shares of James Hardie Industries in a report on Thursday, August 21st. Finally, Baird R W raised James Hardie Industries to a “strong-buy” rating in a report on Friday, July 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $31.89.

James Hardie Industries Price Performance

Shares of NYSE JHX opened at $19.23 on Monday. The stock has a fifty day simple moving average of $22.86 and a two-hundred day simple moving average of $24.25. James Hardie Industries has a 1-year low of $17.85 and a 1-year high of $39.32. The firm has a market cap of $8.27 billion, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 2.17 and a beta of 1.74. The company has a current ratio of 3.76, a quick ratio of 3.31 and a debt-to-equity ratio of 1.12.

Hedge Funds Weigh In On James Hardie Industries

A number of large investors have recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA boosted its holdings in shares of James Hardie Industries by 241.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 12,718,075 shares of the construction company’s stock worth $341,989,000 after acquiring an additional 8,988,938 shares during the period. Citigroup Inc. boosted its stake in James Hardie Industries by 59,775.3% during the first quarter. Citigroup Inc. now owns 5,325,912 shares of the construction company’s stock valued at $125,478,000 after buying an additional 5,317,017 shares during the period. Balyasny Asset Management L.P. boosted its stake in James Hardie Industries by 1,883.6% during the second quarter. Balyasny Asset Management L.P. now owns 3,874,198 shares of the construction company’s stock valued at $104,177,000 after buying an additional 3,678,889 shares during the period. Wellington Management Group LLP bought a new stake in James Hardie Industries during the first quarter valued at $90,526,000. Finally, Eminence Capital LP bought a new stake in James Hardie Industries during the second quarter valued at $83,249,000. 7.96% of the stock is owned by 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.