James Hardie Industries plc ADR (NYSE: JHX) is -18.05% 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 $25.21 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $25.25, the stock is 3.84% and 0.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 0.16% at the moment leaves the stock -21.04% off its SMA200. JHX registered -31.81% loss for a year compared to 6-month loss of -27.04%.
The stock witnessed a 12.32% gain in the last 1 month and extending the period to 3 months gives it a -20.67%, and is -0.79% down 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 2.25% over the week and 2.86% over the month.
Current P/E ratio is 25.13 and Fwd P/E is 16.35. Profit margin for the company is 11.14%. Distance from 52-week low is 28.04% and -42.05% from its 52-week high. The company has generated returns on investments over the last 12 months (13.34%).
with sales reaching $984.39M over the same period.The EPS is expected to shrink by -7.21% this year, but quarterly earnings will post -1.31% year-over-year. Quarterly sales are estimated to shrink -2.04% in year-over-year returns.
James Hardie Industries plc ADR (JHX) Top Institutional Holders
The shares outstanding are 429.79M, and float is at 429.40M with Short Float at 5.18%.
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.
James Hardie Industries plc ADR (JHX) Insider Activity
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