James Hardie Industries plc ADR (NYSE: JHX) is -15.49% 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 $27.59 in the last trading session, with the day’s gains setting it 4159972.41%.
Currently trading at $4160000.0, the stock is 4.35% and 9.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.47 million and changing -2.54% at the moment leaves the stock -12.25% off its SMA200. JHX registered -12.72% loss for a year compared to 6-month loss of -15.63%. The firm has a 50-day simple moving average (SMA 50) of $24.6676 and a 200-day simple moving average (SMA200) of $30.64225.
The stock witnessed a 16.86% gain in the last 1 month and extending the period to 3 months gives it a 10.89%, and is 9.67% 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 3.94% over the week and 3.44% over the month.
Current P/E ratio is 27.52 and Fwd P/E is 15.83. Profit margin for the company is 10.92%. Distance from 52-week low is 36.36% and -38.28% from its 52-week high. The company has generated returns on investments over the last 12 months (12.68%).
with sales reaching $974.22M over the same period.The EPS is expected to shrink by -1.20% this year, but quarterly earnings will post 9.53% year-over-year. Quarterly sales are estimated to shrink -1.78% in year-over-year returns.
James Hardie Industries plc ADR (JHX) Top Institutional Holders
194.0 institutions hold shares in James Hardie Industries plc ADR (JHX), with institutional investors hold 8.33% of the company’s shares. The shares outstanding are 429.82M, and float is at 429.40M with Short Float at 8.89%. Institutions hold 8.33% 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.
