(JHX) James Hardie Industries - Ratings and Ratios

James Hardie Industries PLC is a leading manufacturer of fiber cement, fiber gypsum, and cement-bonded building products, catering to the construction needs of residential and commercial markets across the United States, Australia, Europe, and New Zealand. The companys diverse product portfolio includes fiber cement interior linings, exterior siding products, and related accessories, as well as fiber gypsum and cement-bonded boards for specialized applications such as timber frame construction and fire protection projects.

The companys business is segmented into North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products, allowing for focused operations and strategic growth in key regions. With a rich history dating back to 1888, James Hardie Industries has established itself as a reputable player in the construction materials industry, with its headquarters currently located in Dublin, Ireland.

From a market perspective, JHX is a common stock listed on the NYSE, belonging to the Construction Materials sub-industry as per GICS classification. As a construction materials company, JHX is poised to benefit from trends in the global construction industry, including the increasing demand for sustainable and durable building materials.

Analyzing the and , we can infer that JHX has been experiencing a correction in its stock price, with the current price of $26.62 being significantly lower than its 52-week high of $42.00. However, the stocks SMA20 and SMA50 are trending upwards, indicating a potential recovery. With a market capitalization of approximately $10 billion and a forward P/E ratio of 19.38, JHX appears to be reasonably valued. The companys RoE of 19.33% suggests a strong ability to generate profits from shareholder equity.

Based on the available data, a forecast for JHX could be as follows: given the current SMA20 and SMA50 trends, we can expect the stock price to continue its recovery, potentially reaching $30 in the short term. If the construction industry trends continue to favor sustainable and durable building materials, JHXs revenue growth could be driven by increasing demand, potentially leading to a P/E ratio expansion. Assuming a stable P/E ratio, the stock price could reach $35-$40 in the next 12-18 months, driven by earnings growth and a recovering market sentiment. However, this forecast is contingent on various factors, including market conditions, industry trends, and company-specific performance.