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How to buy James Hardie Industries stock
Own James Hardie Industries stock in just a few minutes.
Fact checked
James Hardie Industries plc is a building materials business based in the US. James Hardie Industries shares (JHX) are listed on the NYSE and all prices are listed in US Dollars. James Hardie Industries employs 4,869 staff and has a trailing 12-month revenue of around USD$2.8 billion.
How to buy shares in James Hardie Industries
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for James Hardie Industries. Find the stock by name or ticker symbol: JHX. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until James Hardie Industries reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of James Hardie Industries, depending on your broker.
- Check in on your investment. Congratulations, you own a part of James Hardie Industries. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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What's in this guide?
- JHX shares summary
- Compare share dealing platforms
- Is JHX stock a buy or sell?
- Stock performance over time
- Can I short JHX shares?
- Are JHX shares over-valued?
- James Hardie Industries's financials
- How volatile are JHX shares?
- Does James Hardie Industries pay a dividend?
- Have JHX shares ever split?
- Other common questions
James Hardie Industries share price
Use our graph to track the performance of JHX stocks over time.James Hardie Industries shares at a glance
Information last updated 2021-02-24.
| 52-week range | USD$8.7831 - USD$32.38 |
|---|---|
| 50-day moving average | USD$29.7385 |
| 200-day moving average | USD$26.571 |
| Wall St. target price | USD$12.16 |
| PE ratio | 79.7105 |
| Dividend yield | USD$0 (0%) |
| Earnings per share (TTM) | USD$0.38 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy James Hardie Industries stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is James Hardie Industries under- or over-valued?
Valuing James Hardie Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of James Hardie Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
James Hardie Industries's P/E ratio
James Hardie Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 80x. In other words, James Hardie Industries shares trade at around 80x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
James Hardie Industries's EBITDA
James Hardie Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$713.2 million.
The EBITDA is a measure of a James Hardie Industries's overall financial performance and is widely used to measure a its profitability.
James Hardie Industries financials
| Revenue TTM | USD$2.8 billion |
|---|---|
| Operating margin TTM | 20.84% |
| Gross profit TTM | USD$936.5 million |
| Return on assets TTM | 8.42% |
| Return on equity TTM | 14.64% |
| Profit margin | 6.17% |
| Book value | $2.877 |
| Market capitalisation | USD$13.3 billion |
TTM: trailing 12 months
Shorting James Hardie Industries shares
There are currently 89,978 James Hardie Industries shares held short by investors – that's known as James Hardie Industries's "short interest". This figure is 0.1% down from 90,039 last month.
There are a few different ways that this level of interest in shorting James Hardie Industries shares can be evaluated.
James Hardie Industries's "short interest ratio" (SIR)
James Hardie Industries's "short interest ratio" (SIR) is the quantity of James Hardie Industries shares currently shorted divided by the average quantity of James Hardie Industries shares traded daily (recently around 22494.5). James Hardie Industries's SIR currently stands at 4. In other words for every 100,000 James Hardie Industries shares traded daily on the market, roughly 4000 shares are currently held short.
However James Hardie Industries's short interest can also be evaluated against the total number of James Hardie Industries shares, or, against the total number of tradable James Hardie Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case James Hardie Industries's short interest could be expressed as 0% of the outstanding shares (for every 100,000 James Hardie Industries shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable James Hardie Industries shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against James Hardie Industries.
Find out more about how you can short James Hardie Industries stock.
James Hardie Industries share dividends
Dividend payout ratio: 134.59% of net profits
Recently James Hardie Industries has paid out, on average, around 134.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), James Hardie Industries shareholders could enjoy a 2.76% return on their shares, in the form of dividend payments. In James Hardie Industries's case, that would currently equate to about $0 per share.
James Hardie Industries's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
James Hardie Industries's most recent dividend payout was on 30 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 February 2021 (the "ex-dividend date").
Have James Hardie Industries's shares ever split?
James Hardie Industries's shares were split on a 5:1 basis on 22 September 2015. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your James Hardie Industries shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for James Hardie Industries shares which in turn could have impacted James Hardie Industries's share price.
James Hardie Industries share price volatility
Over the last 12 months, James Hardie Industries's shares have ranged in value from as little as $8.7831 up to $32.38. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while James Hardie Industries's is 0.9941. This would suggest that James Hardie Industries's shares are less volatile than average (for this exchange).
James Hardie Industries overview
James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement siding and backer board products primarily in the United States, Canada, Australia, New Zealand, the Philippines, and Europe. It operates through North America Fiber Cement, Asia Pacific Fiber Cement, Europe Building Products, and Research and Development segments. The company offers fiber cement interior linings, exterior siding products, and related accessories; and fiber cement building materials for a range of applications, including external siding, internal walls, floors, ceilings, soffits, trim, fencing, and decking. It also provides planks, which are used for external siding; flat panels that are used for internal and external wall linings; floor underlayments; fiber gypsum and cement-bonded boards for interior applications, such as dry lining walls, walls in timber frame buildings, and flooring solutions; and cement-bonded boards for use in exterior and industrial applications, and fire protection. The company's products are use in various markets comprising new residential construction, manufactured housing, repair and remodeling, and commercial and industrial applications. It markets its fiber cement products and systems under various brands that include HardiePlank, HardiePanel, HardieTrim, and HardieBacker boards; and Hardieflex, HardieEdge, HardieFire, HardieBreak, and HardieSmart Boundary, as well as other brands, which comprise Aspyre Collection by James Hardie, Artisan, and Reveal; and Stria, Axon, ExoTec, Scyon, Ritek, Fermacell, and AESTUVER. The company was founded in 1888 and is headquartered in Dublin, Ireland.
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