Recent Share-Price Weakness Seen Shaping Reaction to James Hardie Result -- Market Talk

Dow Jones05-20
 

2331 GMT - Recent weakness in James Hardie shares is likely to affect the market's reaction to its 4Q result, says RBC Capital Markets. The broker highlights a 6.1% drop in the company's U.S. stock on Tuesday, and notes shares have generally been weaker over the past month. There could be "a roughly neutral reaction" to the result, despite above-consensus earnings and positive commentary about commercial synergies, RBC says. The midpoint of FY27 guidance is slightly below consensus, it says. The broker has a "sector perform" rating and A$33.00 target on James Hardie's Australian shares. The stock ended 2.9% higher in Sydney Tuesday, at A$26.78. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

 

(END) Dow Jones Newswires

May 19, 2026 19:31 ET (23:31 GMT)

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