Owens Corning is a building products & equipment business based in the US. Owens Corning shares (OC) are listed on the NYSE and all prices are listed in US Dollars. Owens Corning employs 18,000 staff and has a trailing 12-month revenue of around $9.9 billion.
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| Latest market close | $157.15 |
|---|---|
| 52-week range | $108.69 - $191.13 |
| 50-day moving average | $169.66 |
| 200-day moving average | $160.74 |
| Wall St. target price | $188.92 |
| PE ratio | 14.2629 |
| Dividend yield | $2.32 (1.42%) |
| Earnings per share (TTM) | $11.83 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $157.15 from 2024-09-06
| 1 week (2024-08-30) | -6.86% |
|---|---|
| 1 month (2024-08-07) | 2.03% |
| 3 months (2024-06-07) | -11.16% |
| 6 months (2024-03-07) | 1.02% |
| 1 year (2023-09-07) | 9.83% |
|---|---|
| 2 years (2022-09-03) | N/A |
| 3 years (2021-09-07) | 68.53% |
| 5 years (2019-09-06) | 189.28% |
Valuing Owens Corning stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Owens Corning's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Owens Corning's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Owens Corning shares trade at around 14x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Owens Corning's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8213. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Owens Corning's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Owens Corning's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.3 billion.
The EBITDA is a measure of a Owens Corning's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $9.9 billion |
|---|---|
| Operating margin TTM | 20.26% |
| Gross profit TTM | $2.7 billion |
| Return on assets TTM | 8.39% |
| Return on equity TTM | 19.86% |
| Profit margin | 10.66% |
| Book value | $62.97 |
| Market Capitalization | $14.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 14.88% of net profits
Recently Owens Corning has paid out, on average, around 14.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Owens Corning shareholders could enjoy a 1.42% return on their shares, in the form of dividend payments. In Owens Corning's case, that would currently equate to about $2.32 per share.
While Owens Corning's payout ratio might seem low, this can signify that Owens Corning is investing more in its future growth.
Owens Corning's most recent dividend payout was on 1 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 July 2024 (the "ex-dividend date").
Over the last 12 months, Owens Corning's shares have ranged in value from as little as $108.689 up to $191.13. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Owens Corning's is 1.403. This would suggest that Owens Corning's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Owens Corning manufactures and sells building and construction materials in the United States, Europe, the Asia Pacific, and internationally. It operates in three segments: Roofing, Insulation, and Composites. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications. This segment sells its products through distributors, home centers, and lumberyards, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. The Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories under the Owens Corning PINK, and FIBERGLAS brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and composite lumber.
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