James Hardie Industries Stock Buy Hold or Sell Recommendation
| JHX Stock | USD 34.93 0.45 1.27% |
Considering the 90-day investment horizon and your below-average risk tolerance, our recommendation regarding James Hardie Industries is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell James Hardie Industries given historical horizon and risk tolerance towards James Hardie. When Macroaxis issues a 'buy' or 'sell' recommendation for James Hardie Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out James Hardie Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as James and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards James Hardie Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
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Execute James Hardie Buy or Sell Advice
The James recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on James Hardie Industries. Macroaxis does not own or have any residual interests in James Hardie Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute James Hardie's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
James Hardie Trading Alerts and Improvement Suggestions
| James Hardie generated a negative expected return over the last 90 days | |
| James Hardie is unlikely to experience financial distress in the next 2 years | |
| James Hardie has a strong financial position based on the latest SEC filings | |
| Latest headline from news.google.com: James Hardie Industries Rating Increased to Buy at StockNews.com - MarketBeat |
James Hardie Returns Distribution Density
The distribution of James Hardie's historical returns is an attempt to chart the uncertainty of James Hardie's future price movements. The chart of the probability distribution of James Hardie daily returns describes the distribution of returns around its average expected value. We use James Hardie Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of James Hardie returns is essential to provide solid investment advice for James Hardie.
| Mean Return | 0.11 | Value At Risk | -3.51 | Potential Upside | 5.65 | Standard Deviation | 2.66 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of James Hardie historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
James Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as James Hardie, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading James Hardie Industries back and forth among themselves.
| Shares | New York State Common Retirement Fund | 2024-09-30 | 60.6 K | Wells Fargo & Co | 2024-06-30 | 56 K | Jane Street Group Llc | 2024-06-30 | 55.7 K | Boston Common Asset Management, Llc | 2024-09-30 | 55.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 51.1 K | Justinvest Llc | 2024-06-30 | 46.7 K | Acadian Asset Management Llc | 2024-06-30 | 44.8 K | Natixis Advisors, Llc. | 2024-06-30 | 41.3 K | Envestnet Asset Management Inc | 2024-06-30 | 41.1 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.9 M | Goldman Sachs Group Inc | 2024-06-30 | 977 K |
James Hardie Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividends Paid | 177.5M | 172.1M | 158.6M | 484M | 129.6M | 0.0 | |
| Capital Expenditures | 203.3M | 120.2M | 259.7M | 599.8M | 449.3M | 471.8M | |
| Net Income | 241.5M | 262.8M | 459.1M | 512M | 510.2M | 535.7M | |
| Change To Netincome | 244.8M | 294.6M | 229M | 134.3M | 154.4M | 123.3M | |
| Change In Cash | 62.2M | 132.6M | (46.5M) | (86.3M) | 230.2M | 241.7M | |
| Free Cash Flow | 247.9M | 666.7M | 497.5M | 7.8M | 464.9M | 488.1M | |
| Depreciation | 131.5M | 135M | 161.8M | 172.6M | 185M | 194.3M | |
| Other Non Cash Items | 64.9M | 84.4M | 51.4M | (37.7M) | 112.3M | 80.2M | |
| End Period Cash Flow | 185.8M | 318.4M | 271.9M | 185.6M | 415.8M | 436.6M | |
| Change To Inventory | 3.2M | 98.7M | (64.3M) | (70.8M) | 3.4M | 3.6M | |
| Net Borrowings | (20.4M) | (530.8M) | 39M | 188.5M | 169.7M | 117.3M | |
| Investments | (203.8M) | (120.4M) | (348.2M) | (660.1M) | (470.5M) | (494.0M) |
James Hardie Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to James Hardie or Construction Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that James Hardie's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a James stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.94 | |
σ | Overall volatility | 2.59 | |
Ir | Information ratio | 0.01 |
James Hardie Volatility Alert
James Hardie Industries currently demonstrates below-average downside deviation. It has Information Ratio of 0.01 and Jensen Alpha of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure James Hardie's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact James Hardie's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.James Hardie Fundamentals Vs Peers
Comparing James Hardie's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze James Hardie's direct or indirect competition across all of the common fundamentals between James Hardie and the related equities. This way, we can detect undervalued stocks with similar characteristics as James Hardie or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of James Hardie's fundamental indicators could also be used in its relative valuation, which is a method of valuing James Hardie by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare James Hardie to competition |
| Fundamentals | James Hardie | Peer Average |
| Return On Equity | 0.23 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.22 % | (5.51) % |
| Current Valuation | 16.25 B | 16.62 B |
| Shares Outstanding | 429.44 M | 571.82 M |
| Shares Owned By Institutions | 1.80 % | 39.21 % |
| Number Of Shares Shorted | 66.51 K | 4.71 M |
| Price To Earning | 52.68 X | 28.72 X |
| Price To Book | 7.69 X | 9.51 X |
| Price To Sales | 3.91 X | 11.42 X |
| Revenue | 3.94 B | 9.43 B |
| Gross Profit | 1.31 B | 27.38 B |
| EBITDA | 976.2 M | 3.9 B |
| Net Income | 510.2 M | 570.98 M |
| Cash And Equivalents | 125 M | 2.7 B |
| Cash Per Share | 0.31 X | 5.01 X |
| Total Debt | 1.2 B | 5.32 B |
| Debt To Equity | 0.71 % | 48.70 % |
| Current Ratio | 1.14 X | 2.16 X |
| Book Value Per Share | 4.60 X | 1.93 K |
| Cash Flow From Operations | 914.2 M | 971.22 M |
| Short Ratio | 0.71 X | 4.00 X |
| Earnings Per Share | 1.01 X | 3.12 X |
| Price To Earnings To Growth | 2.53 X | 4.89 X |
| Target Price | 31.23 | |
| Number Of Employees | 5.68 K | 18.84 K |
| Beta | 1.17 | -0.15 |
| Market Capitalization | 15.4 B | 19.03 B |
| Total Asset | 4.91 B | 29.47 B |
| Retained Earnings | 1.45 B | 9.33 B |
| Working Capital | 630.7 M | 1.48 B |
| Current Asset | 535.9 M | 9.34 B |
James Hardie Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as James . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1024.27 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 35.17 | |||
| Day Typical Price | 35.09 | |||
| Price Action Indicator | (0.46) | |||
| Period Momentum Indicator | (0.45) | |||
| Relative Strength Index | 34.43 |
About James Hardie Buy or Sell Advice
When is the right time to buy or sell James Hardie Industries? Buying financial instruments such as James Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having James Hardie in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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Additional Tools for James Stock Analysis
When running James Hardie's price analysis, check to measure James Hardie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy James Hardie is operating at the current time. Most of James Hardie's value examination focuses on studying past and present price action to predict the probability of James Hardie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James Hardie's price. Additionally, you may evaluate how the addition of James Hardie to your portfolios can decrease your overall portfolio volatility.