James Hardie Industries PLC ADR
JHX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$93.00 | Bfck | Qdcdkwxgt |
James Hardie Earnings: Taking Market Share Through the Cycle
We maintain our AUD 51 fair value estimate for wide-moat James Hardie, with the shares trading at a modest premium. We make only minor adjustments to our near-term forecasts on updated guidance. We now expect flat volumes in fiscal 2024, improved against our prior estimate for a low-single-digit decline.