On September 27, 2024, at 12:52 PM EST, James Hardie (JHX, Financial) stock experienced notable volatility, jumping 5.34% rapidly. The stock is currently priced at $40.60 per share with a trading volume of 379,752 shares and a turnover rate of 0.09%. The stock's amplitude during this period was 5.58%.
Recent financial reports reveal that James Hardie generated $991 million in revenue, achieving a net profit of $155 million. Earnings per share stood at $0.36, with a gross profit of $397 million and a price-to-earnings ratio of 34.79.
Regarding institutional ratings, out of 15 firms participating, 53% recommend buying the stock, 40% suggest holding, and 7% advise selling.
Within the building materials industry, which saw an overall decrease of 0.08%, James Hardie, Captivision Inc., and Boise Cascade, L.L.C. exhibited substantial gains. Active stocks in the same sector included James Hardie, CRH Cement, and Martin Marietta Materials, with turnover rates of 0.36%, 0.32%, and 0.26%, respectively. Significant amplitude was noted in related stocks, with Ritu Eco at 6.15%, Captivision Inc. at 5.93%, and James Hardie at 5.58%.
James Hardie specializes in the production of fiber cement-based building products, primarily catering to the residential construction sector. Approximately 80% of the group’s revenue comes from North America, where it is the largest manufacturer of fiber cement, predominantly used for exterior home siding. The remaining revenue is derived from operations in Australia, New Zealand, and Europe.
