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How to buy James Hardie Industries (JHX) stocks in Canada
Learn how to easily invest in James Hardie Industries stocks.
James Hardie Industries is a building materials business based in the US. James Hardie Industries stocks (JHX.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $34.99 – a decrease of 1.44% over the previous week. James Hardie Industries employs 0 staff and has a trailing 12-month revenue of around $3.3 billion.
How to buy shares in James Hardie Industries
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – JHX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in James Hardie Industries?
- Has coronavirus impacted James Hardie Industries shares?
- James Hardie Industries shares summary
- Compare share dealing platforms
- Is James Hardie Industries stock a buy or sell?
- James Hardie Industries performance over time
- Are James Hardie Industries shares over-valued?
- James Hardie Industries's financials
- How volatile are James Hardie Industries shares?
- Does James Hardie Industries pay a dividend?
- Have James Hardie Industries shares ever split?
- Other common questions
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
|Latest market close||$36.20|
|52-week range||$26.87 - $41.64|
|50-day moving average||$39.75|
|200-day moving average||$36.59|
|Wall St. target price||$44.00|
|Dividend yield||$0.4 (1.09%)|
|Earnings per share (TTM)||$0.98|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
James Hardie Industries price performance over time
|1 week (2022-01-12)||-1.44%|
|1 month (2021-12-17)||-7.61%|
|3 months (2021-10-19)||-4.69%|
|6 months (2021-07-19)||8.90%|
|1 year (2021-01-19)||24.44%|
|2 years (2020-01-17)||70.84%|
|3 years (2019-01-18)||229.39%|
|5 years (2017-01-19)||132.80%|
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 58x. In other words, James Hardie Industries shares trade at around 58x 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 1.6258. 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 $878.2 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||$3.3 billion|
|Operating margin TTM||22.11%|
|Gross profit TTM||$1.1 billion|
|Return on assets TTM||11.16%|
|Return on equity TTM||3502%|
|Market capitalisation||$16.4 billion|
TTM: trailing 12 months
James Hardie Industries share dividends
Dividend payout ratio: 94.61% of net profits
Recently James Hardie Industries has paid out, on average, around 94.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.09% 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 1.09% return on their shares, in the form of dividend payments. In James Hardie Industries's case, that would currently equate to about $0.4 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 16 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 November 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 $26.8731 up to $41.64. 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 1.0135. 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).
How has Coronavirus impacted James Hardie Industries's stock price?
Since the stock market crash in March caused by coronavirus, James Hardie Industries's stock price has had significant positive movement.
Its last market close was $36.2, which is 44.48% up on its pre-crash value of $20.1 and 303.12% up on the lowest point reached during the March crash when the stocks fell as low as $8.98.
If you had bought $1,000 worth of James Hardie Industries stocks at the start of February 2020, those stocks would have been worth $441.88 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,690.90.
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. .
James Hardie Industries in the news
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Supreme Court vaccine mandate ruling won't bar companies from demanding Covid shots for workers — Biden vows to advocate for that
Down 10.6% in 4 Weeks, Here's Why You Should You Buy the Dip in James Hardie (JHX)
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