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Owens Corning (OC)
NYSE:OC
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OC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$131.67 - $203.40
Previous Close$202.77
Volume1.82M
Average Volume (3M)721.35K
Market Cap
$17.39B
Enterprise Value$22.90B
Total Cash (Recent Filing)$499.00M
Total Debt (Recent Filing)$5.96B
Price to Earnings (P/E)17.2
Beta1.37
Next Earnings
Feb 12, 2025EPS Estimate
$2.9Last Dividend Ex-Date
Oct 18, 2024Dividend Yield1.18%
Share Statistics
EPS (TTM)11.76
Shares Outstanding85,784,321
10 Day Avg. Volume805,046
30 Day Avg. Volume721,345
Standard Deviation0.10
R-Squared0.52
Alpha0.00756
Financial Highlights & Ratios
Price to Book (P/B)2.96
Price to Sales (P/S)1.59
Price to Cash Flow (P/CF)6.00
P/FCF Ratio7.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.19
Enterprise Value/Gross Profit8.54
Enterprise Value/Ebitda10.14
Forecast
1Y Price Target
$205.40Price Target Upside-2.57% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Owens Corning News
Bulls Say, Bears Say
Bulls Say
Earnings OutperformanceOwens Corning reported stronger margins across all four business segments, leading to an adjusted EPS that surpassed forecasts.
Financial ConfidenceOwens Corning increased its share repurchases significantly in the third quarter, indicating confidence in its financial position.
Growth InvestmentsManagement is investing for growth with a new insulation line in KC & new laminator in roofing.
Bears Say
Market ConditionsInsulation volumes are expected to flip negative from weaker housing starts in NA and soft market conditions in Europe.
Revenue DeclineDoors revenue is expected to decline driven by seasonality, modest price declines, and a weak market backdrop.
Revenue ExpectationsThe company guided to a 20% year-over-year revenue growth in the fourth quarter, which was below expectations.
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Ownership Overview
0.89% Insiders
19.00% Mutual Funds
19.36% Other Institutional Investors
30.57% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OC FAQ
What was Owens Corning’s price range in the past 12 months?
Owens Corning lowest stock price was $131.67 and its highest was $203.40 in the past 12 months.
What is Owens Corning’s market cap?
Currently, no data Available
When is Owens Corning’s upcoming earnings report date?
Owens Corning’s upcoming earnings report date is Feb 12, 2025 which is in 78 days.
How were Owens Corning’s earnings last quarter?
Owens Corning released its earnings results on Nov 06, 2024. The company reported $4.38 earnings per share for the quarter, beating the consensus estimate of $4.053 by $0.327.
Is Owens Corning overvalued?
According to Wall Street analysts Owens Corning’s price is currently Overvalued.
Does Owens Corning pay dividends?
Owens Corning pays a Quarterly dividend of $0.6 which represents an annual dividend yield of 1.18%. See more information on Owens Corning dividends here
What is Owens Corning’s EPS estimate?
Owens Corning’s EPS estimate is $2.9.
How many shares outstanding does Owens Corning have?
Owens Corning has 85,784,325 shares outstanding.
What happened to Owens Corning’s price movement after its last earnings report?
Owens Corning reported an EPS of $4.38 in its last earnings report, beating expectations of $4.053. Following the earnings report the stock price went up 1.139%.
Which hedge fund is a major shareholder of Owens Corning?
Among the largest hedge funds holding Owens Corning’s share is Davis Selected Advisers. It holds Owens Corning’s shares valued at 380M.
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Owens Corning Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$205.40 (-2.57% Downside)
$205.40 (-2.57% Downside)
Blogger Sentiment
Bullish
OC Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 107.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.61%
12-Months-Change
Fundamentals
Return on Equity
19.31%
Trailing 12-Months
Asset Growth
36.00%
Trailing 12-Months
Company Description
Owens Corning
Owens Corning engages in the development, manufacture, and marketing of insulation, roofing, and fiberglass composites. It operates through the following segments: Composites, Insulation and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber, and also includes vertically integrated downstream activities. The Insulation segment provides insulating products which help customers conserve energy; provide improved acoustical performance; and offer convenience of installation and use. The Roofing segment offers laminate and strip asphalt roofing shingles and other products including oxidized asphalt and roofing accessories. The company was founded on October 31, 1938 and is headquartered in Toledo, OH.
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OC Company Deck
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OC Earnings Call
Q3 2024
0:00 / 0:00
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OC Net sales Breakdown
41.65% Roofing
37.90% Insulation
23.62% Composites
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OC Stock 12 Month Forecast
Average Price Target
$205.40
▼(-2.57% Downside)
Technical Analysis
Best Analysts Covering OC
1 Year
1 Year Success Rate
22/24 ratings generated profit
1 Year Average Return
+28.40%
reiterated a buy rating 20 days ago
Copying Garik Shmois's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +28.40% per trade.
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