William Blair Issues Positive Outlook for JHX Earnings

James Hardie Industries PLC. (NYSE:JHX) – Research analysts at William Blair raised their Q3 2026 earnings estimates for James Hardie Industries in a research note issued to investors on Tuesday, November 18th. William Blair analyst R. Merkel now forecasts that the construction company will post earnings per share of $0.23 for the quarter, up from their prior forecast of $0.18. The consensus estimate for James Hardie Industries’ current full-year earnings is $1.39 per share. William Blair also issued estimates for James Hardie Industries’ Q4 2026 earnings at $0.30 EPS, FY2026 earnings at $1.09 EPS, Q1 2027 earnings at $0.31 EPS, Q2 2027 earnings at $0.30 EPS, Q3 2027 earnings at $0.27 EPS, Q4 2027 earnings at $0.37 EPS, FY2027 earnings at $1.25 EPS and FY2028 earnings at $1.53 EPS.

JHX has been the subject of a number of other reports. Raymond James Financial set a $28.00 price target on James Hardie Industries in a report on Wednesday, October 29th. Macquarie raised James Hardie Industries from a “neutral” rating to an “outperform” rating in a report on Monday, July 28th. Jefferies Financial Group initiated coverage on James Hardie Industries in a research note on Friday, August 8th. They issued a “buy” rating and a $34.00 target price for the company. CLSA upgraded James Hardie Industries to a “hold” rating in a research report on Wednesday, October 8th. Finally, Oppenheimer increased their price target on shares of James Hardie Industries from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $27.42.

James Hardie Industries Stock Performance

James Hardie Industries stock traded up $0.54 during mid-day trading on Thursday, reaching $18.45. The company’s stock had a trading volume of 690,972 shares, compared to its average volume of 4,911,245. The firm’s fifty day moving average price is $19.89 and its two-hundred day moving average price is $23.28. The company has a debt-to-equity ratio of 1.12, a quick ratio of 3.31 and a current ratio of 3.76. James Hardie Industries has a 12-month low of $16.46 and a 12-month high of $37.65. The company has a market capitalization of $7.93 billion, a P/E ratio of 23.89, a PEG ratio of 14.34 and a beta of 1.82.

James Hardie Industries (NYSE:JHX) last posted its quarterly earnings results on Monday, November 17th. The construction company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.30 billion. James Hardie Industries had a net margin of 8.75% and a return on equity of 27.95%. The company’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.36 earnings per share.

Institutional Trading of James Hardie Industries

Large investors have recently modified their holdings of the business. Wellington Management Group LLP raised its stake in James Hardie Industries by 259.7% in the third quarter. Wellington Management Group LLP now owns 50,649,731 shares of the construction company’s stock valued at $972,981,000 after purchasing an additional 36,567,726 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in James Hardie Industries by 241.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 12,718,075 shares of the construction company’s stock worth $341,989,000 after buying an additional 8,988,938 shares in the last quarter. Phoenix Financial Ltd. bought a new position in shares of James Hardie Industries in the 3rd quarter worth $105,839,000. Citigroup Inc. raised its position in shares of James Hardie Industries by 59,775.3% during the 1st quarter. Citigroup Inc. now owns 5,325,912 shares of the construction company’s stock valued at $125,478,000 after buying an additional 5,317,017 shares in the last quarter. Finally, Capital World Investors bought a new stake in shares of James Hardie Industries during the 3rd quarter worth $86,121,000. Institutional investors own 7.96% of the company’s stock.

James Hardie Industries Company Profile

James Hardie Industries plc 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, and the Philippines. The company operates through North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products segments.