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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$120.17 - $191.44
Previous Close$182.56
Volume1.45M
Average Volume (3M)698.75K
Market Cap
$15.60B
Enterprise Value$21.11B
Total Cash (Recent Filing)$499.00M
Total Debt (Recent Filing)$5.96B
Price to Earnings (P/E)15.2
Beta1.39
Next Earnings
Feb 12, 2025EPS Estimate
$3.04Last Dividend Ex-Date
Oct 18, 2024Dividend Yield1.34%
Share Statistics
EPS (TTM)11.81
Shares Outstanding86,948,360
10 Day Avg. Volume718,611
30 Day Avg. Volume698,750
Standard Deviation0.10
R-Squared0.52
Alpha0.00756
Financial Highlights & Ratios
Price to Book (P/B)2.93
Price to Sales (P/S)1.61
Price to Cash Flow (P/CF)8.10
P/FCF Ratio11.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.02
Enterprise Value/Gross Profit7.87
Enterprise Value/Ebitda9.35
Forecast
1Y Price Target
$187.25Price Target Upside1.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Owens Corning News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceOwens Corning continues to deliver strong results consistently.
Shareholder ReturnsOwens Corning is returning 50% of its free cash flow to shareholders.
ValuationAnalyst reiterates Buy rating given attractive valuation at 6.9x 2025E EV/EBITDA and 9% free cash flow yield.
Bears Say
EarningsConsensus forecasts for roofing volume appear too aggressive given a tough year-over-year comparison.
Financial PerformanceRevenue and EBITDA guidance for the DOOR segment were both below expectations due to weaker discretionary repair and remodel spending.
Market ConditionsThe decelerating housing and macro backdrop is likely to cap upside to near-term volume and revenue expectations.
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Ownership Overview
0.88% Insiders
18.93% Mutual Funds
5.21% Other Institutional Investors
45.53% 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 $120.17 and its highest was $191.44 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 94 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 Undervalued.
Does Owens Corning pay dividends?
Owens Corning pays a Quarterly dividend of $0.6 which represents an annual dividend yield of 1.34%. See more information on Owens Corning dividends here
What is Owens Corning’s EPS estimate?
Owens Corning’s EPS estimate is $3.04.
How many shares outstanding does Owens Corning have?
Owens Corning has 86,948,360 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 395M.
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Owens Corning Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$187.25 (1.41% Upside)
$187.25 (1.41% Upside)
Blogger Sentiment
Bullish
OC Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 48.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.04%
12-Months-Change
Fundamentals
Return on Equity
20.06%
Trailing 12-Months
Asset Growth
36.27%
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
$187.25
▲(1.41% Upside)
Technical Analysis
Best Analysts Covering OC
1 Year
1 Year Success Rate
21/23 ratings generated profit
1 Year Average Return
+25.77%
reiterated a buy rating 3 months ago
Copying Garik Shmois's trades and holding each position for 1 Year would result in 91.30% of your transactions generating a profit, with an average return of +25.77% per trade.
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