Earnings ForecastAnalysts predict that James Hardie Industries' earnings before interest and taxes (EBIT) will grow significantly in the next two fiscal years, a projection not yet reflected in the current share price, hinting at a potential undervaluation.
Financial PerformanceJames Hardie Industries reported solid financial results, outperforming expectations in North American volumes, which suggests a strong operational performance that could positively impact the stock price.
Market GrowthThe strong US housing outlook is adequately captured in the growth forecasts for North America revenues, with builders expecting single-family new construction to grow, indicating a robust market for companies like James Hardie Industries.