At the time of writing, James Hardie Industries plc ADR [JHX] stock is trading at $42.00, up 8.50%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The JHX shares have gain 16.38% over the last week, with a monthly amount glided 22.27%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
James Hardie Industries plc ADR [NYSE: JHX] stock has seen the most recent analyst activity on May 21, 2024, when Macquarie upgraded its rating to a Outperform. Previously, JP Morgan downgraded its rating to Neutral on May 21, 2024. On January 23, 2024, downgrade downgraded it’s rating to Underperform but maintained its price target of $35.50 on the stock. Jefferies upgraded its rating to a Hold. Goldman initiated its recommendation with a Buy. Jefferies downgraded its rating to Underperform for this stock on November 10, 2022. In a note dated September 29, 2022, BofA Securities initiated an Buy rating and provided a target price of $29.80 on this stock.
For the past year, the stock price of James Hardie Industries plc ADR fluctuated between $24.28 and $41.98. James Hardie Industries plc ADR [NYSE: JHX] shares were valued at $42.00 at the most recent close of the market.
Analyzing the JHX fundamentals
According to James Hardie Industries plc ADR [NYSE:JHX], the company’s sales were 3.97B for trailing twelve months, which represents an 3.97% jump. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.27 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.11 points at the first support level, and at 36.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.23, and for the 2nd resistance point, it is at 46.46.
Ratios To Look Out For
It is important to note that James Hardie Industries plc ADR [NYSE:JHX] has a current ratio of 1.94. In addition, the Quick Ratio stands at 1.44 and the Cash Ratio stands at 0.51. Considering the valuation of this stock, the price to sales ratio is 4.56, the price to book ratio is 9.35 and price to earnings (TTM) ratio is 36.17.
