How to Buy James Hardie Industries Stock
James Hardie Industries PLC
James Hardie Industries is a building material company located in Ireland, which is part of the Basic Materials sector, and is traded under the ticker JHX on the NYSE exchange.
James Hardie Industries stock last closed at $19.64, down 0.1% from the previous day, and has decreased 36.46% in one year. It has underperformed other stocks in the Building Materials industry by 0.43 percentage points. James Hardie Industries stock is currently +19.32% from its 52-week low of $16.46, and -39.92% from its 52-week high of $32.69.
At the moment, there are 579.88M shares of JHX outstanding. The market value of JHX is $11.39B. In the past 24 hours, 6.08M JHX shares were traded.
How to Buy James Hardie Industries Stock
Wondering how to invest in James Hardie Industries stock? Here's how.
- Choose where to buy James Hardie Industries stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy James Hardie Industries stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your details.
- Analyze James Hardie Industries stock: The James Hardie Industries ticker symbol is JHX. Is James Hardie Industries stock a good investment? Should you buy shares of JHX? How do JHX's underlying business fundamentals look? Do top analysts think James Hardie Industries is a good buy? Why has JHX's stock price moved recently? (Hint: Our stock market research website can help you evaluate if JHX is a good stock to buy).
- Execute your JHX trade: Decide if you will purchase JHX shares at the current market price or use a limit order to buy JHX stock at a particular price.
- Track your investment in JHX: Create a watchlist to key updates about your investment in James Hardie Industries shares.
Step 1: Choose where to buy James Hardie Industries stock
You need a brokerage account in order to access the NYSE market and buy JHX stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to buy JHX stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on apps for stock market, you need to deposit funds:
Watch this video walkthrough to see the process of depositing money into your new investment account.
Step 4: Analyze James Hardie Industries stock
Once you have figured out the best place to buy James Hardie Industries stock, it's crucial to evaluate their stock prior to buying, so you actually comprehend the risk as well as the upside.
James Hardie Industries stock quick numbers
James Hardie Industries Due Diligence Checks
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on JHX's stock page.
How is JHX stock valued?
You can use many financial metrics, analyses, models, and charts to gauge JHX's true value.
Using relative valuations measures:
- JHX may be overvalued based on its P/E ratio of 72.74x, relative to Building Materials industry P/E ratio of 28.64x
- JHX could be undervalued based on its P/B ratio of 1.78x, relative to Building Materials industry P/B ratio of 2.62x
You can access more valuation research on JHX's stock here.
Is JHX a healthy company?
Passed Financial Due Diligence Checks:
- Total JHX debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the JHX balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the JHX balance sheet.
- JHX's operating cash flow of $600.80M allows it to safely service it's debt of $4.86B.
- JHX has a relatively high debt to equity ratio of 1.16.
- JHX earnings of $390.80M is not enough to cover its interest payments.
- JHX profit margin has gone down from 11.1% to 2.7% in the past year.
Do analysts think it's a good time to buy JHX stock
Out of 5 sell side analysts who monitor JHX, the consensus analyst rating on James Hardie Industries is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the James Hardie Industries stock forecast page.
Metrics for Advanced JHX Traders
How are JHX Revenues/Earnings doing?
Last year, JHX earnings were $119.10M. Over the past 5 year, JHX's earnings have grown by -7.09% per year. This was slower than the Building Materials industry average of 19.23%.
Last year, JHX revenue was $4.40B. During the past 5 year, JHX's revenue has gone up by 9.68% per year. This was slower than the Building Materials industry average of 14.18%.
Dive into JHX's earnings and revenue performance here.
Latest Insiders Trades at JHX
In the past year, executives and large shareholders at JHX have not bought or sold any shares.
Research more about who owns JHX stock here.
Does JHX stock generate passive income?
No, James Hardie Industries doesn't provide an income stream by paying out dividends.
What others are saying about JHX
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your JHX trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need more help with investing in stocks on eToro, click the helpful video below:
Step 6: Track your investment in JHX
Now that you own some JHX shares, you'll want to stay up-to-date on your shares.
Put JHX on a watchlist to keep tabs on your JHX stock.
JHX Feed
How to Buy Stock in James Hardie Industries
To reiterate, here are the 6 steps you need to take to buy James Hardie Industries stock right now:
- Choose where to buy James Hardie Industries stock
- Open a brokerage account
- Deposit money your investment account
- Analyze James Hardie Industries stock
- Execute your JHX trade
- Track your investment in JHX
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in James Hardie Industries, click the button below.
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