Currently, Owens Corning [OC] is trading at $147.07, down -0.20%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OC shares have gain 6.70% over the last week, with a monthly amount drifted -15.54%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Owens Corning [NYSE: OC] stock has seen the most recent analyst activity on December 17, 2024, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $225 from $195. Previously, Barclays upgraded its rating to Overweight on December 11, 2024, and elevated its price target to $245. On July 11, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $191 on the stock. RBC Capital Mkts reiterated a Outperform rating for this stock on May 21, 2024, and upped its price target to $201. In a note dated February 15, 2024, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $163 to $154.
This stock has fluctuated between a low of $137.50 and a high of $214.53 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $217 within the next 12 months. Owens Corning [NYSE: OC] shares were valued at $147.07 at the most recent close of the market. An investor can expect a potential return of 47.55% based on the average OC price forecast.
Analyzing the OC fundamentals
Trailing Twelve Months sales for Owens Corning [NYSE:OC] were 10.97B which represents 23.26% growth. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.12 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 145.29 points at the first support level, and at 143.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 149.55, and for the 2nd resistance point, it is at 152.03.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Owens Corning [NYSE:OC] is 1.47. Further, the Quick Ratio stands at 0.78, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 2.47 and price to earnings (TTM) ratio is 20.23.
Transactions by insiders
Recent insider trading involved MORRIS W HOWARD, Director, that happened on Mar 07 ’25 when 272.0 shares were sold. Director, MORRIS W HOWARD completed a deal on Mar 07 ’25 to buy 272.0 shares. Meanwhile, President, Doors Ball Christopher O sold 2113.0 shares on Feb 21 ’25.
