James Hardie Industries Revenue 3,609 Mil - GuruFocus.com
JHX Stock | USD 34.93 0.45 1.27% |
Slightly above 61% of James Hardie's investor base is looking to short. The analysis of overall sentiment of trading James Hardie Industries stock suggests that many investors are alarmed at this time. James Hardie's investing sentiment can be driven by a variety of factors including economic data, James Hardie's earnings reports, geopolitical events, and overall market trends.
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James Hardie Industries Revenue 3,609 Mil GuruFocus.com
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James Hardie Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards James Hardie can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
James Hardie Fundamental Analysis
We analyze James Hardie's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of James Hardie using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of James Hardie based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
James Hardie is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
James Hardie Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with James Hardie stock to make a market-neutral strategy. Peer analysis of James Hardie could also be used in its relative valuation, which is a method of valuing James Hardie by comparing valuation metrics with similar companies.
Peers
James Hardie Related Equities
USLM | United States | 7.48 | ||||
SUM | Summit Materials | 5.70 | ||||
MLM | Martin Marietta | 0.97 | ||||
CRH | CRH PLC | 0.30 | ||||
VMC | Vulcan Materials | 0.00 | ||||
EXP | Eagle Materials | 0.00 | ||||
CX | Cemex SAB | 0.00 | ||||
LOMA | Loma Negra | 5.62 | ||||
CPAC | Cementos Pacasmayo | 9.33 |
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.