James Hardie Industries plc ADR (NYSE: JHX) is -23.69% lower on its value in year-to-date trading and has touched a low of $19.72 and a high of $43.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JHX stock was last observed hovering at around $22.50 in the last trading session, with the day’s gains setting it 1.01%.
Currently trading at $23.51, the stock is 4.21% and -15.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.27 million and changing 4.49% at the moment leaves the stock -28.47% off its SMA200. JHX registered -31.34% loss for a year compared to 6-month loss of -34.26%. The firm has a 50-day simple moving average (SMA 50) of $27.9428 and a 200-day simple moving average (SMA200) of $32.9131.
The stock witnessed a -3.05% gain in the last 1 month and extending the period to 3 months gives it a -31.12%, and is 7.60% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.07% over the week and 5.37% over the month.
Current P/E ratio is 23.40 and Fwd P/E is 14.97. Profit margin for the company is 11.14%. Distance from 52-week low is 19.22% and -46.04% from its 52-week high. The company has generated returns on investments over the last 12 months (13.34%).
with sales reaching $983.86M over the same period.The EPS is expected to shrink by -7.73% this year, but quarterly earnings will post -1.32% year-over-year. Quarterly sales are estimated to shrink -2.09% in year-over-year returns.
176.0 institutions hold shares in James Hardie Industries plc ADR (JHX), with institutional investors hold 2.01% of the company’s shares. The shares outstanding are 429.79M, and float is at 429.40M with Short Float at 2.10%. Institutions hold 2.01% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 1.96 million shares valued at $61.96 million. The investor’s holdings represent 0.4536 of the JHX Shares outstanding. As of 2024-06-30, the second largest holder is GOLDMAN SACHS GROUP INC with 0.98 million shares valued at $30.81 million to account for 0.2256 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.81 million shares representing 0.1878 and valued at over $25.65 million, while POINT72 ASSET MANAGEMENT, L.P. holds 0.089 of the shares totaling 0.39 million with a market value of $12.16 million.
