James Hardie (JHX) Soars 7.1%: Is Further Upside Left in the Stock?
From Nasdaq: 2025-06-30 06:53:00
James Hardie Industries plc (JHX) shares surged 7.1% to $27.59, driven by increased trading volume and a 12% gain over four weeks. The stock received an “outperform” rating with a $33 price target from William Blair, citing strong market position and growth projections. The recent acquisition of The AZEK Company also boosted investor sentiment.
James Hardie is expected to report earnings of $0.37 per share, down 9.8% year-over-year, with revenues of $972.33 million. Analysts have lowered EPS estimates by 5.1% in the past 30 days. The stock currently holds a Zacks Rank #3 (Hold). In the same industry, Knife River (KNF) saw a 1.6% increase to $82.77.
Knife River’s consensus EPS estimate for the upcoming report dropped by 7% to $1.41 in the last month, reflecting a +2.9% change from the previous year. The stock holds a Zacks Rank #3 (Hold). A new top semiconductor stock, 1/9,000th the size of NVIDIA, is poised for growth amidst increasing demand for AI, ML, and IoT technologies. Global semiconductor manufacturing is projected to reach $803 billion by 2028.
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