James Hardie Industries plc ADR (JHX) Shares Rise Despite Market Challenges

James Hardie Industries plc ADR (NYSE: JHX)’s stock price has soared by 8.87 in relation to previous closing price of 31.79. Nevertheless, the company has seen a gain of 7.15% in its stock price over the last five trading days. zacks.com reported 2024-11-13 that JHX’s fiscal second-quarter results reflect volume and margin pressures across key markets. Yet, price increases, operational efficiencies, and focused investments are tailwinds.

Is It Worth Investing in James Hardie Industries plc ADR (NYSE: JHX) Right Now?

James Hardie Industries plc ADR (NYSE: JHX) has a price-to-earnings ratio of 29.81x that is above its average ratio. Additionally, the 36-month beta value for JHX is 1.73. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 1 rating it as “sell.”

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The public float for JHX is 431.41M and currently, short sellers hold a 0.02% ratio of that float. The average trading volume of JHX on November 14, 2024 was 105.33K shares.

JHX’s Market Performance

JHX’s stock has seen a 7.15% increase for the week, with a -6.56% drop in the past month and a 5.65% gain in the past quarter. The volatility ratio for the week is 3.54%, and the volatility levels for the past 30 days are at 2.78% for James Hardie Industries plc ADR The simple moving average for the past 20 days is 4.12% for JHX’s stock, with a -2.90% simple moving average for the past 200 days.

JHX Trading at -3.06% from the 50-Day Moving Average

After a stumble in the market that brought JHX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.56% of loss for the given period.

Volatility was left at 2.78%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares sank -5.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.21% lower at present.

During the last 5 trading sessions, JHX rose by +7.15%, which changed the moving average for the period of 200-days by -8.78% in comparison to the 20-day moving average, which settled at $33.24. In addition, James Hardie Industries plc ADR saw -10.50% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for JHX

Current profitability levels for the company are sitting at:

  • 0.2 for the present operating margin
  • 0.41 for the gross margin

The net margin for James Hardie Industries plc ADR stands at 0.13. The total capital return value is set at 0.19. Equity return is now at value 27.78, with 10.82 for asset returns.

Based on James Hardie Industries plc ADR (JHX), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.75. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is 17.7.

Currently, EBITDA for the company is 976.2 million with net debt to EBITDA at 0.71. When we switch over and look at the enterprise to sales, we see a ratio of 3.96. The receivables turnover for the company is 10.68for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.94.

Conclusion

In conclusion, James Hardie Industries plc ADR (JHX) has seen mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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