James Hardie Industries (NYSE:JHX) Releases Earnings Results, Beats Estimates By $0.04 EPS

James Hardie Industries (NYSE:JHX) posted its quarterly earnings data on Thursday. The construction company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.04, Zacks reports. James Hardie Industries had a net margin of 2.15% and a return on equity of 11.13%. During the same quarter in the previous year, the business earned $0.29 earnings per share. James Hardie Industries’s revenue for the quarter was up 63.9% on a year-over-year basis.

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

• Strong first-quarter outperformance: Net sales rose 12% pro forma to $1.47 billion, while Adjusted EBITDA reached $422 million, both above the high end of guidance. Management raised fiscal 2027 guidance to $5.564–$5.723 billion in sales and $1.536–$1.625 billion in Adjusted EBITDA.
• Fiber cement returned to strong growth: Organic growth reached 20%, driven by ColorPlus, Statement Essentials, Trim-Over, stronger higher-end repair and remodeling and multifamily demand, and easier comparisons after last year’s inventory destocking. Fiber cement sell-through accelerated to 19% in June.
• Distribution and synergy momentum improved: Expanded partnerships with Boise Cascade and six regional distributors are expected to support material conversion and the fiscal 2027 commercial revenue synergy target of $125 million. Cost synergies remain ahead of schedule and under budget, while free cash flow reached $254 million and net leverage fell to 2.7x after $400 million of debt repayment.
• Macro and cost pressures remain significant: Elevated mortgage rates, cautious builders and consumers, freight inflation, and expected fiscal 2027 cost pressure of $80–$100 million are limiting visibility. Management is planning the second half prudently and expects distribution transitions to create near-term sales volatility and additional marketing and support costs.

James Hardie Industries Stock Down 1.2%

Shares of NYSE:JHX traded down $0.35 during trading on Thursday, reaching $28.01. 10,423,875 shares of the stock were exchanged, compared to its average volume of 7,405,214. James Hardie Industries has a 1-year low of $16.46 and a 1-year high of $29.83. The stock has a fifty day moving average of $25.24 and a two-hundred day moving average of $22.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.58 and a quick ratio of 1.03. The firm has a market cap of $16.26 billion, a price-to-earnings ratio of 127.32, a price-to-earnings-growth ratio of 13.94 and a beta of 1.77.

James Hardie Industries News Roundup

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

• Positive Sentiment: Raised revenue outlook: James Hardie now expects fiscal 2027 revenue of approximately $5.6 billion to $5.7 billion, above the $5.4 billion analyst consensus. Second-quarter revenue guidance of $1.5 billion to $1.6 billion also exceeds the roughly $1.3 billion consensus. James Hardie Reports First Quarter FY27 Results; Raises FY27 Outlook
• Positive Sentiment: Strong quarterly growth: First-quarter revenue increased 63.9% year over year to about $1.5 billion, while gross profit reached $548.7 million and net income attributable to common shareholders rose to $104.3 million. Operating cash flow improved to $344 million. James Hardie Industries Stock Rises on Q1 2027 Earnings
• Positive Sentiment: Earnings beat estimates: The company reported quarterly EPS of $0.36, topping the $0.32 consensus estimate and rising from $0.29 in the comparable prior-year quarter. James Hardie quarterly earnings report
• Neutral Sentiment: Growth came with cost pressure: Operating profit increased 9.5%, substantially slower than revenue growth, while cost of sales climbed to $925.9 million. Total liabilities also rose to approximately $7.0 billion, factors investors may monitor for margin and balance-sheet risks. James Hardie Industries financial results
• Negative Sentiment: Valuation remains demanding: JHX is trading near its 52-week high with a reported price-to-earnings ratio above 127, leaving the stock vulnerable to profit-taking if future growth or margins disappoint.

Institutional Trading of James Hardie Industries

Several institutional investors and hedge funds have recently modified their holdings of JHX. Global Retirement Partners LLC increased its stake in James Hardie Industries by 3,431.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,589 shares of the construction company’s stock valued at $33,000 after buying an additional 1,544 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of James Hardie Industries by 11,238.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,474 shares of the construction company’s stock worth $40,000 after purchasing an additional 1,461 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of James Hardie Industries in the 4th quarter worth approximately $52,000. Osaic Holdings Inc. lifted its stake in James Hardie Industries by 67.1% in the second quarter. Osaic Holdings Inc. now owns 2,576 shares of the construction company’s stock valued at $67,000 after purchasing an additional 1,034 shares during the last quarter. Finally, Empowered Funds LLC purchased a new position in shares of James Hardie Industries during the 4th quarter valued at $107,000. 7.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

JHX has been the topic of a number of research reports. Barclays reaffirmed a “positive” rating on shares of James Hardie Industries in a research note on Friday, July 24th. Stephens lifted their target price on shares of James Hardie Industries from $31.00 to $33.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Oppenheimer boosted their target price on shares of James Hardie Industries from $30.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Finally, Zacks Research raised shares of James Hardie Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.56.

About James Hardie Industries

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.