William Blair Has Optimistic Outlook of JHX Q3 Earnings

James Hardie Industries PLC. (NYSE:JHX) – Research analysts at William Blair increased their Q3 2026 earnings estimates for James Hardie Industries in a research report issued to clients and investors on Tuesday, October 7th. William Blair analyst R. Merkel now anticipates that the construction company will post earnings of $0.18 per share for the quarter, up from their prior estimate of $0.15. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for James Hardie Industries’ current full-year earnings is $1.39 per share. William Blair also issued estimates for James Hardie Industries’ Q4 2026 earnings at $0.28 EPS, FY2026 earnings at $1.01 EPS, Q1 2027 earnings at $0.29 EPS, Q2 2027 earnings at $0.28 EPS, Q3 2027 earnings at $0.24 EPS, Q4 2027 earnings at $0.34 EPS and FY2027 earnings at $1.14 EPS.

James Hardie Industries (NYSE:JHX) last posted its quarterly earnings results on Tuesday, August 19th. The construction company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.07). The business had revenue of $899.90 million during the quarter, compared to analyst estimates of $982.60 million. James Hardie Industries had a return on equity of 27.95% and a net margin of 8.75%.The business’s revenue was down 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.41 EPS.

A number of other equities analysts also recently commented on JHX. Jefferies Financial Group started coverage on James Hardie Industries in a research report on Friday, August 8th. They set a “buy” rating and a $34.00 price objective for the company. Wolfe Research started coverage on shares of James Hardie Industries in a report on Tuesday, September 30th. They set an “outperform” rating and a $25.00 price target for the company. Truist Financial boosted their price target on shares of James Hardie Industries from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday. Macquarie upgraded shares of James Hardie Industries from a “neutral” rating to an “outperform” rating in a research note on Monday, July 28th. Finally, Robert W. Baird lowered their target price on shares of James Hardie Industries from $32.00 to $25.00 and set an “outperform” rating for the company in a research note on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $32.39.

James Hardie Industries Trading Up 0.2%

JHX opened at $21.91 on Thursday. James Hardie Industries has a 12 month low of $17.85 and a 12 month high of $37.77. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 12.60 and a beta of 1.79. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.76 and a quick ratio of 3.31. The business has a fifty day moving average price of $21.99 and a 200 day moving average price of $23.86.

Institutional Trading of James Hardie Industries

Large investors have recently made changes to their positions in the company. TD Private Client Wealth LLC boosted its position in shares of James Hardie Industries by 70.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 1,101 shares of the construction company’s stock valued at $30,000 after purchasing an additional 455 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of James Hardie Industries by 641.2% in the second quarter. Hantz Financial Services Inc. now owns 1,223 shares of the construction company’s stock valued at $33,000 after acquiring an additional 1,058 shares during the period. MAI Capital Management boosted its holdings in shares of James Hardie Industries by 4,266.7% in the second quarter. MAI Capital Management now owns 1,310 shares of the construction company’s stock valued at $35,000 after acquiring an additional 1,280 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of James Hardie Industries by 11,238.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,474 shares of the construction company’s stock valued at $40,000 after acquiring an additional 1,461 shares during the period. Finally, AlphaCore Capital LLC acquired a new stake in James Hardie Industries during the 2nd quarter worth $52,000. 7.96% of the stock is owned by institutional investors and hedge funds.

James Hardie Industries Company Profile

James Hardie Industries plc manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, and the Philippines. The company operates through North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products segments.