Truist Securities Keeps Buy Rating on James Hardie Industries, Lowers PT to $25

Truist Securities Keeps Buy Rating on James Hardie Industries, Lowers PT to $25

James Hardie Industries (JHX) faced a challenging first quarter as the company reported earnings that missed analyst expectations. According to Investing.com, the company reported an earnings per share (EPS) of $0.29, which was $0.06 below the consensus estimate of $0.35. Additionally, revenue for the quarter came in at $899.9 million, falling short of the consensus estimate of $950.68 million [1].

Truist Securities, in a recent research note, lowered its price target on James Hardie Industries to $25 from $35, while maintaining a Buy rating on the shares. The stock price reacted negatively to the Q1 results and FY26 guidance, which were significantly below consensus estimates. The analyst attributed the underperformance to a double-digit decline in volume, driven by weak homebuilder demand and inventory reduction in North America [2].

Despite the recent earnings miss, James Hardie Industries remains a significant player in the fiber cement industry, with North America generating about 80% of its group earnings. Analysts are closely monitoring the company's performance, with Jefferies analyst Philip Ng and Baird analyst Timothy Wojs initiating coverage with Buy and Outperform ratings, respectively, and price targets of $34 and $32, respectively [3].

Investors should keep an eye on James Hardie Industries' upcoming earnings release on August 19, 2025, to gauge the company's performance and potential future prospects. The company's earnings history and analyst ratings provide valuable insights into its relative performance and market positioning [3].

References:
[1] https://in.investing.com/news/earnings/james-hardie-industries-adr-earnings-missed-by-006-revenue-fell-short-of-estimates-4972328
[2] https://www.tipranks.com/news/the-fly/james-hardie-price-target-lowered-to-25-from-35-at-truist-thefly
[3] https://www.ainvest.com/news/james-hardie-industries-q1-earnings-analysts-revamp-price-expectations-2508/