Owens Corning Stock Analysis

Owens Stock Analysis Notes

About 97.0% of the company shares are owned by institutional investors. The book value of Owens Corning was now reported as 59.24. The company has Price/Earnings To Growth (PEG) ratio of 0.82. Owens Corning recorded earning per share (EPS) of 13.13. The entity last dividend was issued on the 1st of March 2024. Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio. Owens Corning operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 20000 people. To find out more about Owens Corning contact Michael Thaman at 419 248 8000 or learn more at https://www.owenscorning.com.

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Owens Largest EPS Surprises

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Owens Corning Thematic Classifications

Owens Stock Institutional Investors

Note, although Owens Corning's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Owens Market Capitalization

The company currently falls under 'Large-Cap' category with a market capitalization of 14.23 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Owens Corning's market, we take the total number of its shares issued and multiply it by Owens Corning's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Owens Profitablity

The company has Net Profit Margin (PM) of 0.12 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.19 %, which signifies that for every $100 of sales, it has a net operating income of $0.19.

Management Efficiency

Owens Corning has Return on Asset (ROA) of 0.0937 % which means that for every $100 of assets, it generated a profit of $0.0937. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2427 %, which means that it produced $0.2427 on every 100 dollars invested by current stockholders. Owens Corning's management efficiency ratios could be used to measure how well Owens Corning manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.15. The current year's Return On Capital Employed is expected to grow to 0.21. At present, Owens Corning's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 4.1 B, whereas Total Assets are forecasted to decline to about 7.1 B.

Technical Drivers

As of the 19th of April, Owens Corning holds the Semi Deviation of 1.83, coefficient of variation of 1236.34, and Risk Adjusted Performance of 0.0566. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Owens Corning, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Owens Corning, which can be compared to its competitors. Please check Owens Corning variance, as well as the relationship between the maximum drawdown and semi variance to decide if Owens Corning is priced some-what accurately, providing market reflects its current price of 160.11 per share. Given that Owens Corning has jensen alpha of 0.0613, we recommend you to check out Owens Corning's recent market performance to make sure the company can sustain itself at a future point.

Owens Corning Price Movement Analysis

Owens Corning Insider Trading Activities

Owens Corning Outstanding Bonds

Owens Corning Predictive Daily Indicators

Owens Corning Corporate Filings

Owens Corning Forecast Models

Owens Corning's time-series forecasting models are one of many Owens Corning's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Owens Corning's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Owens Corning prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Owens shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Owens Corning. By using and applying Owens Stock analysis, traders can create a robust methodology for identifying Owens entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Owens analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Owens analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Owens Corning stock analysis indicators help investors evaluate how Owens Corning stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Owens Corning shares will generate the highest return on investment. By understating and applying Owens Corning stock analysis, traders can identify Owens Corning position entry and exit signals to maximize returns.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.Note that the Owens Corning information on this page should be used as a complementary analysis to other Owens Corning's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

When running Owens Corning's price analysis, check to measure Owens Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.

Is Owens Corning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.