William Blair Has Bullish Forecast for JHX Q3 Earnings

James Hardie Industries PLC. (NYSE:JHX) – Stock analysts at William Blair upped their Q3 2026 earnings estimates for James Hardie Industries in a report issued on Tuesday, November 18th. William Blair analyst R. Merkel now anticipates that the construction company will post earnings per share of $0.23 for the quarter, up from their prior forecast of $0.18. 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 $0.30 EPS, FY2026 earnings at $1.09 EPS, Q1 2027 earnings at $0.31 EPS, Q2 2027 earnings at $0.30 EPS, Q3 2027 earnings at $0.27 EPS, Q4 2027 earnings at $0.37 EPS, FY2027 earnings at $1.25 EPS and FY2028 earnings at $1.53 EPS.

James Hardie Industries (NYSE:JHX) last announced its quarterly earnings results on Monday, November 17th. The construction company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.01. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.30 billion. James Hardie Industries had a net margin of 8.75% and a return on equity of 27.95%. The firm’s revenue for the quarter was up 34.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.36 EPS.

Several other equities research analysts also recently issued reports on the company. CLSA upgraded James Hardie Industries to a “hold” rating in a report on Wednesday, October 8th. Truist Financial lifted their price objective on shares of James Hardie Industries from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Jefferies Financial Group began coverage on shares of James Hardie Industries in a report on Friday, August 8th. They issued a “buy” rating and a $34.00 target price for the company. Citigroup raised shares of James Hardie Industries from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 4th. Finally, UBS Group restated a “neutral” rating on shares of James Hardie Industries in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, James Hardie Industries presently has a consensus rating of “Buy” and a consensus price target of $27.42.

James Hardie Industries Stock Up 3.0%

Shares of James Hardie Industries stock traded up $0.54 on Thursday, hitting $18.45. The company had a trading volume of 690,972 shares, compared to its average volume of 4,911,245. James Hardie Industries has a 1 year low of $16.46 and a 1 year high of $37.65. The company has a debt-to-equity ratio of 1.12, a quick ratio of 3.31 and a current ratio of 3.76. The stock has a 50 day moving average of $19.89 and a 200-day moving average of $23.28. The stock has a market capitalization of $7.93 billion, a price-to-earnings ratio of 23.89, a P/E/G ratio of 14.34 and a beta of 1.82.

Hedge Funds Weigh In On James Hardie Industries

Several institutional investors have recently added to or reduced their stakes in JHX. TD Private Client Wealth LLC increased its holdings in James Hardie Industries by 70.4% during the second quarter. TD Private Client Wealth LLC now owns 1,101 shares of the construction company’s stock worth $30,000 after buying an additional 455 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of James Hardie Industries by 641.2% during the 2nd 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 increased its stake in shares of James Hardie Industries by 4,266.7% during the 2nd quarter. MAI Capital Management now owns 1,310 shares of the construction company’s stock worth $35,000 after purchasing an additional 1,280 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of James Hardie Industries by 11,238.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,474 shares of the construction company’s stock worth $40,000 after purchasing an additional 1,461 shares during the period. Finally, AlphaCore Capital LLC bought a new stake in shares of James Hardie Industries in the 2nd quarter worth approximately $52,000. Institutional investors own 7.96% of the company’s stock.

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.