James Hardie Announces $1.7 Billion Notes Offering for AZEK Acquisition

James Hardie ( (JHX) ) has issued an update.

On June 3, 2025, James Hardie Industries announced the pricing of a private offering of senior secured notes totaling $1.7 billion, intended to finance the acquisition of AZEK Company Inc. The notes, due in 2031 and 2032, will be used to fund the acquisition, repay AZEK’s existing credit facility, and cover transaction costs. This strategic move is expected to enhance James Hardie’s market position by expanding its product offerings and operational capabilities, though it involves inherent risks and uncertainties related to regulatory approvals and market conditions.

The most recent analyst rating on (JHX) stock is a Buy with a $45.00 price target. To see the full list of analyst forecasts on James Hardie stock, see the JHX Stock Forecast page.

Spark’s Take on JHX Stock

According to Spark, TipRanks’ AI Analyst, JHX is a Neutral.

James Hardie’s strong financial performance and positive earnings call provide a solid foundation for investor confidence. However, the current bearish technical trend and lack of dividend yield present challenges. The company’s resilience amid macroeconomic pressures and strategic growth initiatives are key strengths, while the current market conditions suggest cautious optimism.

To see Spark’s full report on JHX stock, click here.

More about James Hardie

James Hardie Industries plc is a global leader in the building materials industry, known for its innovative fiber cement products. The company primarily focuses on providing durable and sustainable building solutions, serving residential and commercial construction markets across various regions.

Average Trading Volume: 2,903,781

Technical Sentiment Signal: Sell

Current Market Cap: $10.01B

Learn more about JHX stock on TipRanks’ Stock Analysis page.