James Hardie stock: buy or sell?

JHX stock price: $19.61 0.31% At close on November 15th, 2019

Updated on:
November 15th, 2019

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James Hardie Industries remained stable 0.31% yesterday to $19.61 after reaching all time highs yesterday. On Nov 7th JHX boosted an exceptional 9.00%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups work for James Hardie Industries stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is James Hardie stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 3 ratings published for JHX stock in the last 30 days.

Is JHX a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-29Royal Bank of Canadan/aUnderperform
2019-8-12UBS GroupNeutralBuy
2019-5-20UBS GroupBuyNeutral

James Hardie stock analysis

Daily outlook

James Hardie Industries remained constant 0.31% yesterday to $19.61 after topping to all time highs yesterday.

After marking all time highs yesterday, James Hardie remained constant 0.31% yesterday to $19.61. Since SMA50d and SMA100d crossed up on July, JHX price climbed $6.38 per share (48.22%). Yesterday, JHX hit a new all time high, pushing higher than on Wednesday tops. Check different trading setups that use ATHs as triggers. On August JHX price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.

JHX stock chart (daily)

Weekly outlook

Shares of James Hardie ended this week at $19.61 after marking a new all time high ($19.75) and jumped a very good 3.21%. Last week JHX skyrocketed a super good 8.79% in just one week.

JHX shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom last week, JHX climbed unceasignly breaking out to new all time highs. Since SMA20d and SMA40w crossed up early June, JHX price climbed $7.17 per share (57.64%). Since late May when JHX stock price broke up the SMA40w line, it gained $7.23 (58.40%).

JHX stock chart (weekly)

James Hardie stock price history

James Hardie stock went public on January 3rd, 2000 with a price of $0.351. Since then, JHX stock grew a 5,502.90%, with an average of 289.60% per year. If you had invested right after JHX's IPO a $1,000 in James Hardie stock in 2000, it would worth $55,029.00 today.

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

James Hardie stock historical price chart

JHX stock reached all-time highs yesterday with a price of $19.75.

James Hardie stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' JHX stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for James Hardie Industries stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on February, 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

In 2018, James Hardie annual turnover jumped a remarkable 6.92% to $2,054.50 million USD from $1,921.60 marked in 2017. Instead, its income margin (compared to sales) eased to 7.11%, that is $146.10 million.

To have an updated 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 M dollars. When comparing this TTM figures with the last reported annuality, we can review James Hardie business evolution since March 2018: Annual turnover up to December, compared to lastest yearly report, boosted an exceptional 17.19%. Regarding profit margin, James Hardie Industries stayed steady -0.03% to 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 posted $586.20 M in revenues for 2018-Q4, a -9.06% decline compared to previous quarter. Reported quarter earnings marked $67.90 M with a profit margin of 11.58%. Profit margin remained steady 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 extraordinary gain and rocketed a 18.40%. Looking back to recent quarterly results, James Hardie posted 2 negative 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 a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For James Hardie, 0.00% of all outstanding shares are owned by its staff.

In case of James Hardie Industries stock, 0.64% 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:

JHXCRHCXEXPUSCR
Market cap$8.7 B$29.5 B$5.5 B$3.9 B$717.5 M
Total shares442.3 M791.7 M1,490.0 M41.6 M16.7 M
Float shares441.0 M808.5 M1,490.0 M37.4 M15.6 M
  - Institutional holdings (%)0.6%4.6%34.3%104.8%101.6%
  - Insider holdings (%)0.0%0.0%0.2%1.0%4.9%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

James Hardie summary

Friday, November 15th, 2019
Open$19.59
Close$19.61
Day range$19.55 - $19.75
Previous close$19.55
Session gain0.31%
Average true range$0.39
50d mov avg$17.14
100d mov avg$15.60
200d mov avg$14.12
Daily pattern
Weekly pattern lb03c

James Hardie performance

To measure stock performance is always good to compare with competitors or related stocks. We picked CRH, Cemex S.A.B. de, Eagle Materials and U S Concrete as the bechmarking frame for James Hardie stock.
Stock3m6m12m
JHXJames Hardie Indu...27.17%58.40%70.37%
CRH 17.33%17.47%37.37%
CXCemex S.A.B. de24.24%-14.78%-26.05%
EXPEagle Materials14.21%1.99%28.48%
USCRU S Concrete-2.51%-11.69%22.12%

James Hardie competitors

We selected a few stocks to conform a list of James Hardie competitors to watch if you are interested in investing in JHX: