James Hardie Industries plc ADR (NYSE: JHX) is -21.46% 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 $24.52 in the last trading session, with the day’s loss setting it -20.39%.
Currently trading at $4.13M, the stock is -1.70% and 1.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.0 million and changing 6004680% at the moment leaves the stock -20.11% off its SMA200. JHX registered -20.06% loss for a year compared to 6-month loss of -24.29%. The firm has a 50-day simple moving average (SMA 50) of $24.3154 and a 200-day simple moving average (SMA200) of $30.83105.
The stock witnessed a 3.66% gain in the last 1 month and extending the period to 3 months gives it a 1.57%, and is -4.53% 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 2.36% over the week and 2.89% over the month.
Current P/E ratio is 25.21 and Fwd P/E is 14.30. Profit margin for the company is 10.92%. Distance from 52-week low is 24.90% and -43.47% from its 52-week high. The company has generated returns on investments over the last 12 months (12.68%).
The EPS is expected to grow by 0.40% this year.
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 7.05%. 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.
