What Analysts Are Saying About Owens-Corning Stock

Providing a diverse range of perspectives from bullish to bearish, 8 analysts have published ratings on Owens-Corning (NYSE: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.

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.

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.

Key Insights:

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: 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.

Breaking: Wall Street's Next Big Mover

Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.

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

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.