James Hardie reaffirms 2025 guidance
Building products group, James Hardie (ASX:JHX), has reaffirmed its 2025 guidance after a solid first-quarter performance for the three months to June.
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Analysis of James Hardie Industries, Aristocrat Leisure, GrainCorp and Telstra Group
Fund Manager Chris Pedersen discusses James Hardie Industries, Aristocrat Leisure, GrainCorp and Telstra Group and copper.
Read MoreJames Hardie reports record earnings
James Hardie might have notched up another record earnings year, defying tough homebuilding and construction markets in Australia and the US especially, but those headwinds look like they're catching up in the 2024-25 financial year, with lower earnings forecast by the group.
Read MoreJames Hardie’s second quarter earnings rise 2% amid higher prices and cost cuts
James Hardie (ASX:JHX), the world's largest fiber cement maker, reported a modest 2% increase in second-quarter earnings, reaching an all-time high, as it focused on conserving cash flows for the upcoming year through higher prices and cost reductions.
Read MoreJames Hardie thrives amid global uncertainty
Price rises and better-than-expected sales volumes in the huge US market saw the building products group James Hardie (ASX:JHX; NYSE:JHX) survive the uncertainty in parts of the global home building and construction sectors in the three months to 30th June.
Read MoreASX up 0.07% at noon: NAB survey shows dip in business conditions
In the month of July, the NAB monthly survey exhibited that business conditions experienced a marginal dip of one basis point, settling at +10 index points, while business confidence witnessed a positive shift, rising by two points to reach +2 index points.
Read MoreStocks of the Hour: Empire Energy, James Hardie Industries, Ensurance
A snapshot of the stocks on the move, featuring Empire Energy (ASX:EEG), James Hardie Industries (ASX:JHX) and Ensurance (ASX:ENA).
Read MoreRBA on rates, Why Australia’s market is globally important, Building sector stocks
Fund Manager Chris Pedersen discusses the overnight rate, macro market concerns, the ten-year bond yield, commodity prices, James Hardie, Reliance WorldWide and Brickworks.
Read MoreRecord Sales for Hardies but Tide May Have Turned
Building products multi-national James Hardie has reported record sales for the year to March 31 but warned of a slowdown in the current June quarter.
Read MoreIndustrials Intel: JHX, CSL, ANN
A bit of a mixed bag from three of our big industrial companies on Tuesday, with James Hardie and Ansell both taking a recent earnings hit but old reliable CSL still going strong.
Read MoreFurther Balance Sheet Demolition from Hardies
There was no hiding behind a $US200 million share buyback yesterday for James Hardie as it sliced its 2022-23 earnings guidance for a third time in as many quarters.
Read MoreJames Hardie’s Upbeat Talk Falls on Deaf Ears
A chunky dividend payout and plenty of upbeat talk from James Hardie couldn’t stop its share price weakness continuing, with the stock falling more than 3% in Tuesday’s ASX session.
Read MoreJHX – UBS rates the stock as Buy
Buy rating and $58 target price retained.
Read MoreHardies Looks to Cement Future with New Plant
Just two years after suspending dividends as it hunkered down to ride out the 2020 Covid storm, James Hardie has bought land in Melbourne as the site for its new cement sheet plant.
Read MoreJHX – UBS rates the stock as Buy
UBS raises its target price for James Hardie by 5% to $58 following a “good” 3Q result and “solid” FY23 guidance. The Buy rating is unchanged.
Read MoreHardie’s Profits Go Through the Roof
Building materials group James Hardie reported soaring sales and earnings in the wake of sacking its CEO in early January, just after the reporting period had ended.
Read MoreJHX – UBS rates the stock as Buy
Target rises to $59.80 from $54.70, Buy retained.
Read MoreHardies Ticks Up Guidance Again on US Strength
James Hardie has raised its 2022 earnings forecast for the second time this financial year on the back of strong demand for its products from the booming US housing market.
Read MoreJames Hardie Looking Hardy Indeed
James Hardie has upgraded guidance on strong growth expectations across North America, Asia Pacific and Europe for the current 2021-22 financial year, which ends next March.
Read MoreJHX – Citi rates the stock as Neutral
The Neutral rating and $42.30 target price are maintained.
Read MoreJHX – UBS rates the stock as Buy
The broker was pleased the commitment to the prior 35/90 strategy has been maintained. Buy rating and $47 target retained.
Read MoreStrong Result for Hardies Leads to Dividend Reinstatement
James Hardie has confirmed it will resume paying ordinary dividends later this year after reporting a 9% increase in full-year net profit to $US262.8 million ($338.2 million).
Read MoreHardie in Generous Mood as US Operations Flourish
The contrast could barely be more marked between the weak result and dividend suspension by Boral and James Hardie’s surging profits and special payout to shareholders.
Read MoreOur vacations might not be the only thing ‘staying local’ for a while
Australian investors are known to be very parochial, and have historically reflected this attitude with a home bias – possibly because of the lure of familiarity with companies, franking credits and the currency hedge (most spend in Australian dollars).
Read MoreHousing Tailwinds Help James Hardie Plot Path Back To Payouts
James Hardie shares slid yesterday despite a better than forecast half-year result and a decision to restore dividends in 2021.
Read MoreUS Election A Goldilocks Scenario For Financial Markets
While the official outcome of the US election remains unknown, the odds of a Biden win and a divided government are increasingly becoming the most likely outcome. This outcome is often seen as the ‘goldilocks scenario’ for financial markets.
Read MoreJHX – UBS rates the stock as Buy
UBS lifts long-term (FY24) estimates for US primary demand growth to 6% from 4%, assessing the way the company interacts with channel partners and end users is driving a step up in demand.
Read MoreJames Hardie Upgrades Outlook, Eyes Record Quarter
Building materials multinational, James Hardie has sharply upgraded its 2020-21 profit and says it expects the current second quarter will be a record one for sales and profits.
Read MoreHow US Housing Market Tailwinds May Help James Hardie
With a number of positive macro factors driving the outlook, T. Rowe Price believes the US housing market offers a happy hunting ground for high-quality companies. Ryan Martin, Head of Research, Australian Equities, explains how James Hardie is leveraged to this theme.
Read MoreJames Hardie Enjoys Betters Margins, Again
Strength in new US housing starts drove another forecast-beating performance from James Hardie in the first quarter and new product releases later in 2020 are expected to provide even more gains.
Read MoreVirus Deconstruct Dividends At Fletcher, James Hardie
Similar results from two building giants yesterday – Fletcher Building, the Kiwi company, and James Hardie, the Australian-US business.
Read More3 Companies Showing Significant Value
During this period of heightened market volatility, the divergence between expensive and cheap stocks has continued to grow. Perpetual Investments Head of Equities Paul Skamvougeras discusses where he sees opportunities.
Read MoreNo Dividend But Investors Back James Hardie As FY Profit Lifts 6%
James Hardie shares jumped strongly yesterday after the company revealed a solid rise in profit but confirmed earlier guidance of no dividend for the final half of 2019-20.
Read MoreDividend Cut As James Hardie Sheds Jobs, Shutters Plants
Building products group James Hardie has downgraded its profit guidance, suspended its dividends, and will close three plants around the world at the cost of more than 370 jobs as it increases its preparedness for the impact of the COVID-19 pandemic and lockdowns around the world.
Read MoreWho (Eventually) Benefits From The New Oil Shock
In more normal times – and nothing is normal at the moment – low oil prices benefit the global economy and stocks such as manufacturers and transport companies. Tim Boreham outlines those Australian companies which stand to benefit from significantly lower energy prices.
Read MoreJHX – Citi rates the stock as Buy
Given defensive revenue drivers and global stimulus measures underway, Citi believes an opportunity is emerging and James Hardie remains a preferred exposure.
Read MoreJHX – Credit Suisse rates the stock as Outperform
Net profit was ahead of Credit Suisse forecasts in the September quarter, with the company outperforming on margin in North America. FY20 net profit guidance has been raised to US$340-370m.
Read MoreUS Housing Bolsters Outlook For James Hardie
Suddenly housing is looking a bit brighter for James Hardie Industries which has upgraded its full-year adjusted net operating profit guidance in the wake of a solid performance in the six months to September 30.
Read MoreJHX – N.V.Credit Suisse rates the stock as Outperform
Further input cost reductions strengthen FY20/21 expectations. Positive end market data and early US reporting commentary leads Credit Suisse to increase North American earnings estimates by 2% for FY20 and 6% for FY21.
Read MoreStock Specific Risks Can Create Tremendous Opportunities
The DNR Capital Australian Equities High Conviction Fund owns both James Hardie and Lend Lease in its portfolio as at August 2019.
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