Owens Story

<div class='circular--portrait' style='background:#4E8BFC;color: #ffffff;font-size:4em;'>OC</div>
OC -- USA Stock  

USD 68.81  1.88  2.81%

Owens Corning Net Income Per Employee is projected to decrease significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 21,316. The current year Average Equity is expected to grow to about 4.5 B, whereas Revenue Per Employee is forecasted to decline to about 349 K. As many of us are excited about industrials space, it is fair to go over Owens Corning. We will evaluate why we are still optimistic in anticipation of a recovery. In this post, I will also go over some essential variables affecting Owens Corning's products, and show how it may impact Owens Corning outlook for active traders this year.
Published over two months ago
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Is Owens Corning overvalued?
On a scale of 0 to 100, Owens Corning holds a performance score of 12. The company holds a Beta of 1.7228, which implies a somewhat significant risk relative to the market. Let's try to break down what Owens's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Owens Corning will likely underperform. Although it is vital to follow Owens Corning current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Owens Corning, which you can use to evaluate the performance of the company. Please employ Owens Corning jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution to make a quick decision on whether Owens Corning historical price patterns will revert.

And What about dividends?

A dividend is the distribution of a portion of Owens Corning earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Owens Corning dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Owens one year expected dividend income is about $0.6 per share.
As of September 28, 2020, Payment of Dividends and Other Cash Distributions is expected to decline to about (102.5 M). In addition to that, Dividend Yield is expected to decline to 0.0124.
Last ReportedProjected for 2020
Payment of Dividends and Other Cash Distributions-95 M-102.5 M
Dividend Yield 0.0126  0.0124 
Dividends per Basic Common Share 0.88  0.88 
Investing in dividend-paying stocks, such as Owens Corning is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Owens Corning must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Owens Corning. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Owens Corning's Liquidity

Owens Corning financial leverage refers to using borrowed capital as a funding source to finance Owens Corning ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Owens Corning financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Owens Corning's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Owens Corning, but it might be worth checking our own buy vs. sell analysis

What did Owens Corning file with SEC?

The SEC filings are financial statements or other formal documents of Owens Corning that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Owens shareholders may or may not be submitted as SEC does not always require it.
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Results of Operations and Financial Condition
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Owens shareholders may or may not be submitted as SEC does not always require it.

Owens Corning exotic insider transaction detected

Legal trades by Owens Corning insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Owens insider trading alert for general transaction of no securities are beneficially owned by Alfred Festa, the corporate stakeholder, on 21st of September 2020. This event was filed by Owens Corning with SEC on 2020-09-21. Initial filing of beneficial ownership - SEC Form 3 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Another Deeper Perspective

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Owens Corning has an asset utilization ratio of 96.54 percent. This suggests that the company is making $0.97 for each dollar of assets. An increasing asset utilization means that Owens Corning is more efficient with each dollar of assets it utilizes for everyday operations.

Are Owens Corning technical indicators showing a reversion?

The variance is down to 13.83 as of today. Owens Corning shows above-average downside volatility for the selected time horizon. We advise investors to inspect Owens Corning further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Owens Corning future alpha.

Our Final Take On Owens Corning

Whereas other entities within the building products & equipment industry are still a little expensive, even after the recent corrections, Owens Corning may offer a potential longer-term growth to investors. While some investors may not share our view, we believe that right now is not a good time to increase your holdings in Owens. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Owens Corning.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Owens Corning. Please refer to our Terms of Use for any information regarding our disclosure principles.

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