How to buy James Hardie Industries stock | $38.48

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 stock price (NYSE: JHX)

Use our graph to track the performance of JHX stocks over time.

James Hardie Industries shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$38.48
52-week range	$23.28 - $41.04
50-day moving average	$37.93
200-day moving average	$35.15
Wall St. target price	$44.00
PE ratio	44.0119
Dividend yield	$0 (0%)
Earnings per share (TTM)	$0.84

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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.

James Hardie Industries price performance over time

Historical closes compared with the close of $38.48 from 2021-10-20

1 week (2021-10-14)	5.51%
1 month (2021-09-21)	-0.05%
3 months (2021-07-21)	11.60%
6 months (2021-04-21)	13.64%

1 year (2020-10-21)	49.84%
2 years (2019-10-21)	124.11%
3 years (2018-10-19)	182.32%
5 years (2016-10-21)	146.04%

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 44x. In other words, James Hardie Industries shares trade at around 44x 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 PEG ratio

James Hardie Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.6748. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into James Hardie Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

James Hardie Industries's EBITDA

James Hardie Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $827.6 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	$3.1 billion
Operating margin TTM	21.93%
Gross profit TTM	$1.1 billion
Return on assets TTM	10.71%
Return on equity TTM	33.16%
Profit margin	11.99%
Book value	$2.67
Market capitalisation	$16.4 billion

TTM: trailing 12 months

Shorting James Hardie Industries shares

There are currently 102,583 James Hardie Industries shares held short by investors – that's known as James Hardie Industries's "short interest". This figure is 48.8% up from 68,956 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 43102.100840336). James Hardie Industries's SIR currently stands at 2.38. In other words for every 100,000 James Hardie Industries shares traded daily on the market, roughly 2380 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 0.0002% 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: 76.78% of net profits

Recently James Hardie Industries has paid out, on average, around 76.78% 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 29 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 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 21 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 $23.278 up to $41.04. 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 1.0715. This would suggest that James Hardie Industries's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

James Hardie Industries overview

James Hardie Industries plc, together with its subsidiaries, 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, the Philippines, and Canada. The company operates through three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. It 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, decking, and facades. The company also provides planks and flat panels; 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. Its products are used in various markets comprising new residential construction and commercial construction markets. The company was founded in 1888 and is headquartered in Dublin, Ireland. .

Frequently asked questions

What percentage of James Hardie Industries is owned by institutions?
Currently 1.24% of James Hardie Industries shares are held by institutions. When does the fiscal year end for James Hardie Industries?
James Hardie Industries's fiscal year ends in March. Where is James Hardie Industries based?
James Hardie Industries's address is: Europa House, Dublin, Ireland, 2 What is James Hardie Industries's ISIN number?
James Hardie Industries's international securities identification number is: US47030M1062 What is James Hardie Industries's CUSIP number?
James Hardie Industries's Committee on Uniform Securities Identification Procedures number is: 47030M106