James Hardie Industries (NYSE:JHX) Upgraded by Loop Capital to “Strong-Buy” Rating

James Hardie Industries (NYSE:JHX) was upgraded by equities research analysts at Loop Capital to a “strong-buy” rating in a research note issued to investors on Monday, Zacks reports.

JHX has been the topic of several other research reports. Barclays upgraded shares of James Hardie Industries from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $26.00 to $35.00 in a report on Monday, August 10th. UBS Group reissued a “buy” rating on shares of James Hardie Industries in a research report on Wednesday. Zacks Research upgraded shares of James Hardie Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Oppenheimer reissued an “outperform” rating and issued a $36.00 price objective on shares of James Hardie Industries in a research note on Wednesday. Finally, Truist Financial raised their target price on James Hardie Industries from $30.00 to $40.00 and gave the company a “buy” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $32.78.

James Hardie Industries Price Performance

Shares of JHX opened at $26.87 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.59 and a quick ratio of 1.03. James Hardie Industries has a 1 year low of $16.46 and a 1 year high of $31.43. The business has a 50-day moving average of $28.20 and a 200-day moving average of $24.08. The company has a market capitalization of $15.60 billion, a price-to-earnings ratio of 107.50, a price-to-earnings-growth ratio of 2.33 and a beta of 1.77.

James Hardie Industries (NYSE:JHX) last posted its quarterly earnings data on Thursday, August 6th. The construction company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.04. James Hardie Industries had a net margin of 2.69% and a return on equity of 10.56%. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period in the prior year, the firm posted $0.29 EPS. The company’s quarterly revenue was up 63.9% on a year-over-year basis. As a group, equities research analysts anticipate that James Hardie Industries will post 1.41 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Alyeska Investment Group L.P. lifted its position in shares of James Hardie Industries by 12.3% during the 2nd quarter. Alyeska Investment Group L.P. now owns 8,737,905 shares of the construction company’s stock valued at $228,758,000 after buying an additional 954,317 shares during the last quarter. Hill City Capital LP increased its holdings in James Hardie Industries by 1.8% during the 2nd quarter. Hill City Capital LP now owns 5,723,900 shares of the construction company’s stock worth $149,852,000 after acquiring an additional 102,200 shares during the period. RDST Capital LLC grew its position in James Hardie Industries by 24.0% during the second quarter. RDST Capital LLC now owns 4,015,067 shares of the construction company’s stock worth $105,114,000 after buying an additional 776,950 shares in the last quarter. Renaissance Technologies LLC increased its stake in James Hardie Industries by 48.5% in the 1st quarter. Renaissance Technologies LLC now owns 3,839,489 shares of the construction company’s stock worth $72,720,000 after acquiring an additional 1,254,400 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of James Hardie Industries by 22.5% in the 2nd quarter. Jones Financial Companies Lllp now owns 2,166,998 shares of the construction company’s stock worth $57,707,000 after buying an additional 397,621 shares during the last quarter. 7.96% of the stock is owned by institutional investors.

Key Headlines Impacting James Hardie Industries

Here are the key news stories impacting James Hardie Industries this week:

• Positive Sentiment: At its 2026 Investor Day, James Hardie reaffirmed its fiscal 2027 sales outlook, excluding Europe, and raised its free-cash-flow target. Management also outlined long-term growth opportunities focused on fiber-cement products, market expansion and portfolio optimization. James Hardie Reaffirms Fiscal 2027 Sales Outlook, Raises Free Cash Flow Target
• Positive Sentiment: The company confirmed its second-quarter fiscal 2027 and full-year sales and adjusted EBITDA outlooks, supporting the view that operating momentum remains intact. Its strategy presentation emphasized long-term value creation and disciplined capital allocation. James Hardie Hosts 2026 Investor Day, Outlines Path to Long-term Value Creation
• Positive Sentiment: Oppenheimer reaffirmed its “outperform” rating and set a $36 price target, implying substantial upside from the recent trading level. This provides a favorable counterpoint to the market’s near-term caution.
• Neutral Sentiment: The company’s planned sale of its European fiber-gypsum and cement-bonded products business for €840 million is intended to simplify the portfolio and concentrate resources on higher-priority growth areas. However, the exclusion of Europe from the outlook may limit the immediate earnings impact.
• Negative Sentiment: Investors appear to be taking profits after JHX recently approached a 52-week high and reassessing whether the Investor Day produced enough incremental upside beyond guidance already raised in August. The high trading volume is consistent with repositioning around the event. James Hardie Industries Slides as Investors Reassess Near-Term Catalysts
• Negative Sentiment: Reported insider activity shows executives sold shares and made no open-market purchases during the past six months. While not necessarily evidence of deteriorating fundamentals, the selling can reinforce short-term investor caution.

James Hardie Industries Company Profile

James Hardie Industries plc is a building materials company specializing in fiber cement and fiber gypsum products. Its products are used in residential and commercial construction, remodeling and repair applications, including exterior siding, trim, soffits, weatherboard, roofing components and interior wall systems.

The company markets products under brands that include Hardie and Fermacell. Its fiber cement materials are designed to provide durability and resistance to fire, moisture, pests and weather, serving applications where alternatives such as wood, vinyl or traditional gypsum may be used.

Founded in Australia in 1888, James Hardie has developed into an international manufacturer and supplier serving customers across North America, Australia and New Zealand, Europe and other markets.