James Hardie Industries PLC (JHX) Shares Down 3.58% on Oct 31

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Oct 31, 2024

Shares of James Hardie Industries PLC (JHX, Financial) fell 3.58% in mid-day trading on Oct 31. The stock reached an intraday low of $31.49, before recovering slightly to $31.53, down from its previous close of $32.70. This places JHX 27.63% below its 52-week high of $43.57 and 26.78% above its 52-week low of $24.87. Trading volume was 13,816 shares, 11.5% of the average daily volume of 119,640.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 1 analysts, the average target price for James Hardie Industries PLC (JHX, Financial) is $27.90 with a high estimate of $27.90 and a low estimate of $27.90. The average target implies an downside of 11.51% from the current price of $31.53. More detailed estimate data can be found on the James Hardie Industries PLC (JHX) Forecast page.

Based on the consensus recommendation from 1 brokerage firms, James Hardie Industries PLC's (JHX, Financial) average brokerage recommendation is currently 4.0, indicating "Underperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for James Hardie Industries PLC (JHX, Financial) in one year is $35.02, suggesting a upside of 11.07% from the current price of $31.53. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the James Hardie Industries PLC (JHX) Summary page.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.