Owens Corning (OC) ended the recent trading session at $128.63, demonstrating a +1.3% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.89%.
Shares of the construction materials company witnessed a loss of 11.43% over the previous month, trailing the performance of the Construction sector with its loss of 2.15%, and the S&P 500's gain of 0.16%.
Market participants will be closely following the financial results of Owens Corning in its upcoming release. The company plans to announce its earnings on November 5, 2025. The company is expected to report EPS of $3.7, down 15.53% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.71 billion, down 10.87% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $13.43 per share and a revenue of $10.44 billion, representing changes of -15.59% and -4.92%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Owens Corning. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 3% lower within the past month. Owens Corning is holding a Zacks Rank of #5 (Strong Sell) right now.
In terms of valuation, Owens Corning is currently trading at a Forward P/E ratio of 9.46. This expresses a discount compared to the average Forward P/E of 21.29 of its industry.
We can also see that OC currently has a PEG ratio of 9.27. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. OC's industry had an average PEG ratio of 1.87 as of yesterday's close.
The Building Products - Miscellaneous industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 152, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Owens Corning Inc (OC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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