James Hardie stock: buy or sell?

JHX stock price: $18.56 -2.67% At close on February 27th, 2020

Updated on:
February 27th, 2020

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James Hardie closed today at $18.56 and eased a terrible -2.67%.

James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement products. It operates through four segments: North America Fiber Cement, International Fiber Cement, Other Business, and Research and Development.

Should I buy James Hardie stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with James Hardie stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is James Hardie Industries stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't detect any rating for JHX stock for the last month.

James Hardie stock analysis

Daily outlook

James Hardie Industries eased a terrible -2.67% and closed at $18.56.

James Hardie shares eased -2.67% to $18.56 today. Since price and SMA100d lines crossed down on Monday, JHX fell $-1.54 per share (-7.66%). On Feb 11th, JHX hit new all time highs, pushing higher previous ATH of $21.78 recorded on January/24. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

JHX stock chart (daily)

Weekly outlook

James Hardie Industries shares plummed -7.66% this week, ending at $18.56. This was the third red week in a row, sliding in full a -12.19%.

James Hardie shares slid through the support line what triggered further losses. Price is looking for lower supports, and best candidates are 17.097. Not so far away is the last price record James Hardie Industries marked by mid February, but since then it dropped a 16.13%. Since early June 2019 when SMA20w and SMA40w crossed up, JHX price gained $6.12 per share (49.20%). Since late May 2019 when JHX stock price broke up the SMA40w line, it gained $6.18 (49.92%).

JHX stock chart (weekly)

James Hardie stock price history

James Hardie IPO was on January 3rd, 2000 at $0.35 per share1. Since then, JHX stock surged a 5,202.90%, with a yearly average of 260.10%. If you had invested $1,000 in James Hardie stock in 2000, it would worth $52,029.00 today.

1: Adjusted price after possible price splits or reverse-splits.

James Hardie stock historical price chart

JHX stock reached all-time highs on February/11 with a price of $22.13.

James Hardie stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price prediction for James Hardie Industries stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report , James Hardie Industries . Unfortunately, reported EPS is not yet available in our database.
JHX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.1n/a
2017-Q2-n/a0.13n/a
2017-Q3-n/a0.15n/a
2017-Q4-n/a0.22n/a
2018-Q12018-05-21n/a-0.13n/a
2018-Q22018-08-10n/a0.2n/a
2018-Q32018-11-07n/a0.18n/a
2018-Q42019-02-05n/a0.15n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a shining gain of 6.92% to $2,054.50 million dollars. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) dropped a -7.28% to 7.11%.

To have an up to date picture of the financial situation of James Hardie Industries, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q4 that can be compared to 2018 fiscal year results. Annual James Hardie Industries TTM sales up to December 2018 were $2,407.70 and income was $170.40 million USD. If we compare this TTM figures with the last reported annuality, we can esteem James Hardie business evolution since March 2018: Annual revenues up to December, compared to lastest yearly report, boosted a dazzling 17.19%. On the other hand, profit margin (net income/sales) stayed constant at 7.11%.

JHX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,280 M-$44 M3.4%-
2014$1,600 M25.00%$107 M6.7%142.06%
2015$1,657 M3.56%$291 M17.6%172.70%
2016$1,728 M4.30%$244 M14.1%-16.10%
2017$1,922 M11.19%$277 M14.4%13.13%
2018$2,055 M6.92%$146 M7.1%-47.16%
TTM $2,408 M17.19%$170 M7.1%16.63%

Quarterly financial results

James Hardie Industries reported $586.20 M in revenues for 2018-Q4, a -9.06% less compared to previous quarter. Reported quarter income marked $67.90 M with a profit margin of 11.58%. Profit margin stayed constant a 0.80% compared to previous quarter when profit margin was 10.78%. When comparing revenues to same quarter last year, James Hardie sales marked an astounding growth and rocketed a 18.40%. Looking back to recent quarterly results, James Hardie Industries posted 2 positive quarters in a row.
JHX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$652 M-$59 M9.0%-
2017-Q2$676 M3.76%$76 M11.3%30.32%
2017-Q3$526 M-22.26%$66 M12.6%-13.17%
2017-Q4$495 M-5.84%$80 M16.1%20.33%
2018-Q1$526 M6.22%$-58 M-11.0%-172.09%
2018-Q2$651 M23.79%$91 M13.9%-257.29%
2018-Q3$645 M-0.98%$70 M10.8%-23.29%
2018-Q4$586 M-9.06%$68 M11.6%-2.30%

James Hardie ownership

When you are planning to buy shares of a company, it's always worth to have a look its ownership structure.

James Hardie shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

In case of James Hardie stock, 1.02% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for JHX stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to James Hardie Industries:

JHX
Market cap$8.2 B
Total shares443.0 M
Float shares442.0 M
  - Institutional holdings (%)1.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

James Hardie summary

Thursday, February 27th, 2020
Open$18.69
Close$18.56
Day range$18.56 - $18.98
Previous close$19.07
Session gain-2.67%
Average true range$0.51
50d mov avg$20.47
100d mov avg$19.42
200d mov avg$16.75
Daily pattern
Weekly pattern lt06c

James Hardie performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared James Hardie against in the following table:
Stock3m6m12m
JHXJames Hardie Indu...-5.93%22.19%49.20%

James Hardie competitors

Unfortunately, we could not find any public company that could be defined as James Hardie Industries competitor. This doesn't mean James Hardie Industries does not have any competitor in the market, it's just we could not detected it.