US Stock Market Today: Live Updates 01.05.2026
LIVEMarkets rolling coverageStarted: May 1, 2026, 12:00 AM EDTUpdated: May 1, 2026, 11:59 PM EDT James Hardie Industries Shares Show Mixed Signals Amid Valuation Debate May 1, 2026, 11:52 PM EDT. James Hardie Industries (ASX:JHX) shares traded at A$29.38, down from a perceived fair value of A$40.91, suggesting a 28.2% undervaluation based on earnings growth and synergy gains from the AZEK merger. Management targets $125 million in cost savings over three years and over $500 million in commercial synergies within five years to drive EBITDA expansion. However, the stock's price-to-earnings (P/E) ratio stands at 103.4x, far above the global Basic