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The price of Owens Corning (NYSE: OC) closed at $174.39 in the last session, up 0.77% from day before closing price of $173.06. In other words, the price has increased by $0.77 from its previous closing price. On the day, 0.64 million shares were traded. OC stock price reached its highest trading level at $179.32 during the session, while it also had its lowest trading level at $173.995.
Ratios:
We take a closer look at OC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on July 11, 2024, Upgraded its rating to Buy and sets its target price to $191 from $178 previously.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 27 ’24 when Fister Todd W sold 3,000 shares for $173.65 per share. The transaction valued at 520,950 led to the insider holds 31,626 shares of the business.
Fister Todd W sold 3,000 shares of OC for $542,550 on Jun 13 ’24. The EVP & Chief Financial Officer now owns 34,626 shares after completing the transaction at $180.85 per share. On Jun 12 ’24, another insider, Doerfler Mari, who serves as the Vice President and Controller of the company, sold 240 shares for $182.05 each. As a result, the insider received 43,692 and left with 4,954 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OC now has a Market Capitalization of 15112026112 and an Enterprise Value of 17202034688. As of this moment, Owens’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.12, and their Forward P/E ratio for the next fiscal year is 10.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at 1.783 whereas that against EBITDA is 7.742.
Stock Price History:
Over the past 52 weeks, OC has reached a high of $184.00, while it has fallen to a 52-week low of $109.95. The 50-Day Moving Average of the stock is -0.67%, while the 200-Day Moving Average is calculated to be 13.42%.
Shares Statistics:
According to the various share statistics, OC traded on average about 662.80K shares per day over the past 3-months and 744689 shares per day over the past 10 days. A total of 87.20M shares are outstanding, with a floating share count of 85.78M. Insiders hold about 1.01% of the company’s shares, while institutions hold 93.59% stake in the company. Shares short for OC as of 1719532800 were 1342724 with a Short Ratio of 2.03, compared to 1717113600 on 1817875. Therefore, it implies a Short% of Shares Outstanding of 1342724 and a Short% of Float of 2.0299999.
Dividends & Splits
The forward annual dividend rate for OC is 2.32, which was 2.24 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.012943488The stock’s 5-year Average Dividend Yield is 1.42.
