James Hardie Industries (NYSE:JHX) Posts Earnings Results, Beats Expectations By $0.01 EPS

James Hardie Industries (NYSE:JHX) issued its quarterly earnings data on Tuesday. The construction company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01, Zacks reports. James Hardie Industries had a return on equity of 11.93% and a net margin of 2.15%.The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the company posted $0.36 earnings per share. The business’s revenue was up 44.5% on a year-over-year basis.

Here are the key takeaways from James Hardie Industries’ conference call:

• Fiscal 2026 results were solid despite a weak construction market, with Q4 net sales of $1.4 billion and adjusted EBITDA of $381 million, while full-year adjusted EBITDA reached $1.3 billion and free cash flow was $314 million.
• The company said the AZEK integration is progressing ahead of schedule, including early commercial wins from a combined sales force, and reiterated its goal of $125 million in run-rate commercial revenue synergies exiting fiscal 2027.
• Management expressed confidence that fiber cement will return to organic growth in fiscal 2027, citing under-penetrated Northeast and Midwest markets, contractor conversion initiatives, and new offerings like Statement Collection Essentials and Hardie ProLab training.
• The fiscal 2027 outlook assumes a roughly 3% decline in the addressable market and includes $80 million-$100 million of cost inflation, which the company says it is offsetting through pricing, procurement actions, plant savings, and HOS-driven productivity.
• Management guided to fiscal 2027 free cash flow above $500 million, up from $314 million, driven by higher profitability, lower integration costs, and disciplined capital spending; adjusted EBITDA is expected to rise to $1.45 billion-$1.5 billion.

James Hardie Industries Stock Up 10.4%

Shares of JHX opened at $20.55 on Thursday. The company has a market cap of $8.83 billion, a P/E ratio of 93.43, a P/E/G ratio of 4.35 and a beta of 1.79. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.54 and a quick ratio of 0.95. James Hardie Industries has a one year low of $16.46 and a one year high of $29.83. The firm has a 50 day simple moving average of $20.18 and a two-hundred day simple moving average of $21.07.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on JHX shares. JPMorgan Chase & Co. upgraded James Hardie Industries from a “neutral” rating to an “overweight” rating in a research note on Wednesday, February 11th. Truist Financial boosted their price target on James Hardie Industries from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Zacks Research cut James Hardie Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Finally, Barclays set a $21.00 price target on James Hardie Industries in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in JHX. Wellington Management Group LLP lifted its holdings in shares of 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 worth $972,981,000 after acquiring an additional 36,567,726 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of James Hardie Industries in the fourth quarter worth about $77,530,000. RDST Capital LLC bought a new position in shares of James Hardie Industries in the fourth quarter worth about $55,893,000. Renaissance Technologies LLC bought a new position in shares of James Hardie Industries in the fourth quarter worth about $53,641,000. Finally, Alyeska Investment Group L.P. lifted its holdings in shares of James Hardie Industries by 100.9% in the third quarter. Alyeska Investment Group L.P. now owns 4,531,761 shares of the construction company’s stock worth $87,055,000 after acquiring an additional 2,275,762 shares during the last quarter. Institutional investors own 7.96% of the company’s stock.

James Hardie Industries Company Profile

James Hardie Industries plc (NYSE: JHX) is a global manufacturer of high-performance fiber cement building products. The company specializes in exterior cladding, trim and soffit, as well as interior backerboard solutions designed for residential and commercial construction. By combining cement, sand and cellulose fibers, James Hardie produces durable, low-maintenance materials that resist moisture, fire and termite damage, catering to builders, contractors and homeowners through a network of distributors and retail channels.

The company’s flagship products include Hardie® Plank® and Hardie® Panel® siding systems, Hardie® BackerBoard® for tile applications, and a range of architectural trim solutions.