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In the latest session, Owens Corning (NYSE: OC) closed at $180.72 up 0.34% from its previous closing price of $180.10. In other words, the price has increased by $0.34 from its previous closing price. On the day, 0.64 million shares were traded. OC stock price reached its highest trading level at $182.99 during the session, while it also had its lowest trading level at $179.6418.
Ratios:
For a deeper understanding of Owens Corning’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 0.97.
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, Wells Fargo on December 17, 2024, Upgraded its rating to Overweight and sets its target price to $225 from $195 previously.
On December 11, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $192 to $245.
Citigroup Upgraded its Neutral to Buy on July 11, 2024, whereas the target price for the stock was revised from $178 to $191.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 04 ’25 when Mendez-Andino Jose bought 246 shares for $181.00 per share.
Mendez-Andino Jose bought 318 shares of OC for $57,329 on Feb 03 ’25. On Dec 13 ’24, another insider, Smith Gunner, who serves as the President, Roofing of the company, sold 17,450 shares for $191.19 each. As a result, the insider received 3,336,266 and left with 18,866 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 15502939136 and an Enterprise Value of 21010941952. As of this moment, Owens’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.37, and their Forward P/E ratio for the next fiscal year is 11.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.49 while its Price-to-Book (P/B) ratio in mrq is 2.76. Its current Enterprise Value per Revenue stands at 2.013 whereas that against EBITDA is 8.707.
Stock Price History:
The Beta on a monthly basis for OC is 1.49, which has changed by 0.13577604 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, OC has reached a high of $214.53, while it has fallen to a 52-week low of $138.70. The 50-Day Moving Average of the stock is -2.68%, while the 200-Day Moving Average is calculated to be 2.00%.
Shares Statistics:
For the past three months, OC has traded an average of 828.58K shares per day and 801340 over the past ten days. A total of 85.80M shares are outstanding, with a floating share count of 84.94M. Insiders hold about 0.98% of the company’s shares, while institutions hold 91.74% stake in the company. Shares short for OC as of 1736899200 were 903264 with a Short Ratio of 1.09, compared to 1734048000 on 1446499. Therefore, it implies a Short% of Shares Outstanding of 903264 and a Short% of Float of 1.38.
Dividends & Splits
According to the company, the forward annual dividend rate for OC is 2.49, from 2.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013325931The stock’s 5-year Average Dividend Yield is 1.41.
Earnings Estimates
The current assessment of Owens Corning (OC) involves the perspectives of 16.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $3.53, with high estimates of $4.01 and low estimates of $2.98.
Analysts are recommending an EPS of between $15.77 and $15.0 for the fiscal current year, implying an average EPS of $15.51. EPS for the following year is $16.3, with 17.0 analysts recommending between $17.5 and $15.14.
Revenue Estimates
A total of 15 analysts believe the company’s revenue will be $2.77B this quarter.It ranges from a high estimate of $2.82B to a low estimate of $2.75B. As of the current estimate, Owens Corning’s year-ago sales were $2.3BFor the next quarter, 15 analysts are estimating revenue of $2.87B. There is a high estimate of $2.94B for the next quarter, whereas the lowest estimate is $2.83B.
A total of 16 analysts have provided revenue estimates for OC’s current fiscal year. The highest revenue estimate was $11.59B, while the lowest revenue estimate was $10.88B, resulting in an average revenue estimate of $10.99B. In the same quarter a year ago, actual revenue was $9.68BBased on 16 analysts’ estimates, the company’s revenue will be $11.89B in the next fiscal year. The high estimate is $12.2B and the low estimate is $10.88B.
