James Hardie Industries was added to our model portfolio last month and is now up 13.5%
FY22 Guidance range has been upgraded from USD550-590m to USD580-600m.
After 20% growth into FY22 and FY23 analysts are forecasting slower growth of 10% in FY24. The stock trades on a forward yield into FY23 of 2.5% and a forward PE of 25x earnings