James Hardie Industries (JHX) Projected to Post Earnings on Tuesday

James Hardie Industries (NYSE:JHX) is projected to release its earnings data after the market closes on Tuesday, February 18th. Analysts expect James Hardie Industries to post earnings of $0.35 per share and revenue of $967.63 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

James Hardie Industries (NYSE:JHX) last announced its earnings results on Tuesday, November 12th. The construction company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. James Hardie Industries had a return on equity of 35.93% and a net margin of 11.16%. The business had revenue of $960.80 million for the quarter, compared to analysts’ expectations of $973.49 million. During the same period in the prior year, the business posted $0.41 earnings per share. The firm’s revenue was down 3.8% on a year-over-year basis. On average, analysts expect James Hardie Industries to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

James Hardie Industries Stock Performance

Shares of JHX stock opened at $32.44 on Friday. The business’s 50 day simple moving average is $32.77 and its 200 day simple moving average is $34.52. James Hardie Industries has a one year low of $29.88 and a one year high of $43.57. The stock has a market capitalization of $13.94 billion, a PE ratio of 32.11, a PEG ratio of 4.92 and a beta of 1.81. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.02 and a quick ratio of 1.50.

Wall Street Analyst Weigh In

Several brokerages have issued reports on JHX. JPMorgan Chase & Co. raised James Hardie Industries from a “neutral” rating to an “overweight” rating in a research note on Wednesday, November 6th. StockNews.com lowered James Hardie Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, December 25th. Jefferies Financial Group reissued a “buy” rating on shares of James Hardie Industries in a research note on Thursday, January 30th. Finally, Truist Financial began coverage on James Hardie Industries in a research note on Tuesday, December 10th. They issued a “buy” rating and a $45.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, James Hardie Industries currently has an average rating of “Moderate Buy” and a consensus target price of $45.00.

About James Hardie Industries

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.