James Hardie Industries (NYSE:JHX – Get Rating) will be releasing its earnings data on Monday, May 16th.
JHX stock traded up $0.89 on Friday, hitting $27.48. 69,477 shares of the company’s stock traded hands, compared to its average volume of 74,162. The company has a current ratio of 1.36, a quick ratio of 0.97 and a debt-to-equity ratio of 0.70. The stock has a market cap of $12.24 billion, a price-to-earnings ratio of 24.32 and a beta of 1.29. James Hardie Industries has a 1-year low of $26.02 and a 1-year high of $41.85. The stock has a fifty day moving average of $30.40 and a 200-day moving average of $34.93.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Parametric Portfolio Associates LLC grew its position in shares of James Hardie Industries by 2.3% during the 4th quarter. Parametric Portfolio Associates LLC now owns 1,828,034 shares of the construction company’s stock worth $74,383,000 after buying an additional 41,805 shares during the period. Goldman Sachs Group Inc. lifted its stake in James Hardie Industries by 14.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 862,410 shares of the construction company’s stock valued at $35,091,000 after buying an additional 111,388 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of James Hardie Industries by 1.7% in the third quarter. Citadel Advisors LLC now owns 59,447 shares of the construction company’s stock worth $2,121,000 after purchasing an additional 995 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of James Hardie Industries by 9.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 58,524 shares of the construction company’s stock worth $1,764,000 after purchasing an additional 4,904 shares in the last quarter. Finally, Natixis Advisors L.P. lifted its position in shares of James Hardie Industries by 50.5% in the first quarter. Natixis Advisors L.P. now owns 27,726 shares of the construction company’s stock worth $836,000 after purchasing an additional 9,305 shares in the last quarter. Hedge funds and other institutional investors own 17.17% of the company’s stock.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of James Hardie Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, April 5th. CLSA upgraded shares of James Hardie Industries from an “underperform” rating to an “outperform” rating in a research note on Monday, February 7th. Finally, StockNews.com assumed coverage on shares of James Hardie Industries in a research report on Thursday, March 31st. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, James Hardie Industries presently has an average rating of “Buy” and a consensus price target of $45.00.
James Hardie Industries Company Profile (Get Rating)
James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada.
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