Latest news with #JamesHardieIndustries
Yahoo
01-05-2025
- Business
- Yahoo
Is James Hardie Industries (NYSE:JHX) a Small-Cap Construction and Materials Stock Hedge Funds Are Buying?
We recently published a list of the 15 Small-Cap Construction and Materials Stocks Hedge Funds Are Buying. In this article, we are going to take a look at where James Hardie Industries (NYSE:JHX) stands against other small-cap construction and materials stocks. Saira Malik, Nuveen's head of equities and fixed income, joined 'Closing Bell' on CNBC on March 26 to discuss her investment strategy in the middle of this uncertain market. She emphasized that two dominant themes are shaping the second quarter of this year: policy uncertainty and questions surrounding the pace of the economic slowdown. Malik noted that markets have shown a little optimism after a rebound from correction territory. This was driven by investor expectations of watered-down tariffs and the return of the term 'transitory' regarding inflation effects from tariffs. However, she highlighted that the economy continues to slow. Given this, Malik prefers defensive market sectors, particularly infrastructure. She also identified municipal bonds as a favored fixed-income category. These appeal to local investors who seek stable income streams in the middle of this economic uncertainty. Malik also acknowledged the risk that continued negative sentiment about consumer weakness could become a self-fulfilling prophecy. She pointed out that the economy's recent strength has been driven by consumer spending and employment, with about half of payroll growth since 2019 coming from government jobs. The recent data on consumer spending, retail sales, and confidence have been weak, but consumers often express pessimism without reducing spending proportionally. Despite this, she stressed that the economy is slowing and warned that ongoing tariff uncertainty could cause a sharper economic downturn. However, she also mentioned potential upside from forthcoming tax cuts and deregulation, which could provide economic support. Malik explained that the market's recent optimism comes from increasing clarity about tariff implementation and targets. We first sifted through financial media reports, ETFs, and Insider Monkey's Q4 2024 hedge funds database reports to compile a list of the small-cap construction and materials stocks hedge funds are buying. For this article, we define small-cap stocks as those that trade between $10 billion and $30 billion, as of April 28. We then selected the top 15 stocks and ranked them in ascending order of the number of hedge funds that have stakes in them. In cases where an equal number of hedge funds held two or more stocks, we used the market cap as a tiebreaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A close-up of a house with its exterior siding made from the company's fiber cement building materials. Market Capitalization as of April 28: $10.09 billion Number of Hedge Fund Holders: 5 James Hardie Industries (NYSE:JHX) manufactures and sells fiber cement, fiber gypsum, and cement-bonded building products for interior and exterior building construction applications. It operates in three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. The company's North America segment shipped 744 million standard feet of volume in FQ3 2025, which was consistent with James Hardie's expectations. The segment also achieved a 29.1% EBIT margin in the quarter, which highlights the company's ability to deliver savings through its Hardie Operating System initiatives and focused cost-control actions. Year-to-date sales in North America were well over $2 billion, which represents a double-digit CAGR over the last 5 years. James Hardie Industries (NYSE:JHX) is strategizing through exclusivity arrangements with homebuilders. Furthermore, the completion and commissioning of Prattville Sheet Machine number three represents a key milestone in expanding capacity to support future growth in North America. Overall, JHX ranks 15th on our list of the small-cap construction and materials stocks hedge funds are buying. While we acknowledge the growth potential of JHX, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than JHX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
AU Financial Review
23-04-2025
- Business
- AU Financial Review
Chalmers says he has raised controversial James Hardie deal with ASX
Treasurer Jim Chalmers has directly raised the ASX's decision that James Hardie Industries can shift its primarily listing without a shareholder vote with the exchange's chairman, but signalled he is reluctant to intervene despite widespread anger from the country's biggest investors. The building products manufacturer is proposing to merge with Azek, an American outdoor decking and railings company, in a $14 billion deal that will ultimately move the combined group's primary listing to New York.
Yahoo
18-04-2025
- Business
- Yahoo
Is Now The Time To Look At Buying James Hardie Industries plc (ASX:JHX)?
While James Hardie Industries plc (ASX:JHX) might not have the largest market cap around , it received a lot of attention from a substantial price movement on the ASX over the last few months, increasing to AU$54.83 at one point, and dropping to the lows of AU$32.23. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether James Hardie Industries' current trading price of AU$34.95 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at James Hardie Industries's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Good news, investors! James Hardie Industries is still a bargain right now. According to our valuation, the intrinsic value for the stock is A$57.72, but it is currently trading at AU$34.95 on the share market, meaning that there is still an opportunity to buy now. What's more interesting is that, James Hardie Industries's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. View our latest analysis for James Hardie Industries Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to more than double over the next couple of years, the future seems bright for James Hardie Industries. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? Since JHX is currently undervalued, it may be a great time to increase your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on JHX for a while, now might be the time to make a leap. Its buoyant future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy JHX. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed investment decision. Since timing is quite important when it comes to individual stock picking, it's worth taking a look at what those latest analysts forecasts are. Luckily, you can check out what analysts are forecasting by clicking here. If you are no longer interested in James Hardie Industries, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
18-04-2025
- Business
- Yahoo
Is Now The Time To Look At Buying James Hardie Industries plc (ASX:JHX)?
While James Hardie Industries plc (ASX:JHX) might not have the largest market cap around , it received a lot of attention from a substantial price movement on the ASX over the last few months, increasing to AU$54.83 at one point, and dropping to the lows of AU$32.23. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether James Hardie Industries' current trading price of AU$34.95 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at James Hardie Industries's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Good news, investors! James Hardie Industries is still a bargain right now. According to our valuation, the intrinsic value for the stock is A$57.72, but it is currently trading at AU$34.95 on the share market, meaning that there is still an opportunity to buy now. What's more interesting is that, James Hardie Industries's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. View our latest analysis for James Hardie Industries Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to more than double over the next couple of years, the future seems bright for James Hardie Industries. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? Since JHX is currently undervalued, it may be a great time to increase your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on JHX for a while, now might be the time to make a leap. Its buoyant future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy JHX. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed investment decision. Since timing is quite important when it comes to individual stock picking, it's worth taking a look at what those latest analysts forecasts are. Luckily, you can check out what analysts are forecasting by clicking here. If you are no longer interested in James Hardie Industries, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
24-03-2025
- Business
- Yahoo
Why AZEK (AZEK) Stock Is Trading Up Today
Shares of outdoor living products manufacturer AZEK Company (NYSE:AZEK) jumped 23.6% in the afternoon session after James Hardie Industries offered to acquire the company (AZEK) in a cash and stock deal worth approx. $9 billion. The acquisition price implied a 26% premium to AZEK's average stock trading over the 30-day period before the deal became public. The shares closed the day at $48.57, up 17.4% from previous close. Is now the time to buy AZEK? Access our full analysis report here, it's free. AZEK's shares are somewhat volatile and have had 10 moves greater than 5% over the last year. But moves this big are rare even for AZEK and indicate this news significantly impacted the market's perception of the business. AZEK is up 3.1% since the beginning of the year, but at $48.57 per share, it is still trading 11.3% below its 52-week high of $54.76 from December 2024. Investors who bought $1,000 worth of AZEK's shares at the IPO in June 2020 would now be looking at an investment worth $1,789. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Sign in to access your portfolio
