What Analysts Are Saying About Owens-Corning Stock

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Providing a diverse range of perspectives from bullish to bearish, 8 analysts have published ratings on Owens-Corning OC in the last three months.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 2 5 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 1 1 4 0 0
3M Ago 0 0 1 0 0

Analysts have set 12-month price targets for Owens-Corning, revealing an average target of $204.12, a high estimate of $245.00, and a low estimate of $175.00. This current average reflects an increase of 10.04% from the previous average price target of $185.50.

price target chart

Investigating Analyst Ratings: An Elaborate Study

In examining recent analyst actions, we gain insights into how financial experts perceive Owens-Corning. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Matthew Bouley Barclays Raises Overweight $245.00 $192.00
Mike Dahl RBC Capital Raises Outperform $217.00 $213.00
Susan Maklari Goldman Sachs Raises Neutral $198.00 $178.00
John Lovallo UBS Raises Buy $218.00 $197.00
Sam Reid Wells Fargo Raises Equal-Weight $195.00 $175.00
Stephen Kim Evercore ISI Group Raises In-Line $196.00 $189.00
Stephen Kim Evercore ISI Group Raises In-Line $189.00 $175.00
Sam Reid Wells Fargo Raises Equal-Weight $175.00 $165.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Owens-Corning. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Owens-Corning compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Owens-Corning's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into Owens-Corning's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Owens-Corning analyst ratings.

Get to Know Owens-Corning Better

Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with three reportable segments: Composites, Insulation, and Roofing. It generates maximum revenue from the Roofing segment. Its Roofing segment laminate and strip asphalt roofing shingles, roofing components, synthetic packaging materials, and oxidized asphalt. It meets the growing demand for longer-lasting, aesthetically attractive laminate products with modest capital investment. Geographically the company generates the majority of its revenue from the United States.

Owens-Corning: A Financial Overview

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining Owens-Corning's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 22.87% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.

Net Margin: Owens-Corning's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 10.54%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Owens-Corning's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 5.79%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Owens-Corning's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 2.14%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Owens-Corning's debt-to-equity ratio stands notably higher than the industry average, reaching 1.06. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Core of Analyst Ratings: What Every Investor Should Know

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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