Analyst Rohan Gallagher from Jarden maintained a Buy rating on James Hardie (JHIUF) with a price target of A$38.00. The current consensus on the stock is a Moderate Buy with an average price target of $25.01, a -8.60% downside from current levels. The company's market cap is A$11.42B with a P/E ratio of 25.96. There has been an increase in insider selling over the past quarter.
James Hardie Industries (JHIUF) has seen a mixed reaction from analysts over the past few months, with a current consensus of a Moderate Buy, according to TipRanks [1]. Analyst Rohan Gallagher from Jarden has maintained a Buy rating on the stock, with a price target of A$38.00 [2].
The company's current price target from analysts stands at A$38.61, with a high forecast of A$52.21 and a low forecast of A$25.96. This represents a 26.59% upside from the stock's current price of A$30.50. The average price target of A$38.61 indicates a -8.60% downside from current levels [1].
James Hardie Industries has a market capitalization of A$11.42 billion and a P/E ratio of 25.96. The company's financial outlook has been favorable, with analysts expecting earnings and sales growth. The next quarter’s earnings estimate for JHX is A$0.29, with a range of A$0.20 to A$0.61 [3]. The previous quarter’s EPS was A$0.45, and the company has beaten its EPS estimate 75.00% of the time in the past 12 months [3].
The stock has also seen increased insider selling over the past quarter, which may impact its short-term performance. However, analysts' opinions remain mixed, with 11 analysts giving a Moderate Buy rating, 6 giving a Buy rating, 4 giving a Hold rating, and 1 giving a Sell rating [1].
In conclusion, while there is a mixed consensus on James Hardie Industries, Rohan Gallagher's Buy rating with a price target of A$38.00 provides a positive outlook for the stock. Investors should closely monitor the company's financial performance and insider activity to make informed decisions.
References:
[1] TipRanks. (n.d.). JHX Analyst Ratings. Retrieved from https://www.tipranks.com/stocks/au:jhx/forecast
[2] Jarden. (2025, July 30). Jarden Sticks to Their Buy Rating for James Hardie (JHIUF). Retrieved from https://www.tipranks.com/stocks/au:jhx/forecast
[3] TipRanks. (n.d.). James Hardie Industries (JHX:AU) (JHX) PT Lowered to AUD34.10 at JPMorgan. Retrieved from https://www.tipranks.com/stocks/au:jhx/forecast
Comments
No comments yet