James Hardie(US:JHX) Zhi Tong Cai Jing·2025-08-21 06:49Group 1 - James Hardie Industries Plc has faced significant stock price declines, with a 10% drop in Sydney and a 34% plunge in the US market following disappointing Q1 earnings [1][2] - The company's revenue fell by 9% to $900 million, and net profit decreased by 60% to $62.6 million, raising concerns about demand in the North American housing market [1] - Analysts have downgraded the stock rating to "underperform" and set a target price of AUD 29, reflecting a 9.4% discount from the previous closing price [1] Group 2 - The US housing market is experiencing its weakest spring sales season in over a decade, prompting concerns from President Trump regarding mortgage costs [2] - Analysts noted that James Hardie's inventory depletion was a significant surprise, indicating rapid changes in market conditions [2] - The company's $8.75 billion acquisition of AZEK is under scrutiny, as it represents a major bet on the resilience of the US housing market, yet the stock has fallen to its lowest level in over two years since the announcement [2]