James Hardie Industries Plc (NYSE: JHX) has recently experienced important negative changes in fundamentals: the stock’s power rating fell below 50, the consensus estimate for March, 2024 decreased significantly, and the consensus estimate for March, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted James Hardie Industries Plc (NYSE: JHX): the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
JHX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
James Hardie Industries has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. James Hardie Industries has a slightly negative Power Rating of 36 and a slightly negative Appreciation Score of 32, with the Negative Value Trend Rating the result.
Recent Price Action
James Hardie Industries Plc (NYSE: JHX) stock closed at $35.50 on 9/6/24 after a decline of -3.5%. However, exceptionally low trading volume at 49% of normal accompanied the decline. The stock has declined -3.9% during the last week and has been weak relative to the market over the last nine months.
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