Analyst Ratings for Owens Corning (OC)

Updated: 2017-07-26

Analysts covering Owens Corning (NYSE:OC) have given it a consensus rating of Overweight. About 30 days ago, OC was issued an average rating of Overweight.

A buy rating was issued by 14 analysts, 0 issued an overweight rating, 7 issued a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has decreased by 1.

Investment analysts gave a few price targets for OC. The highest price target was 77, implying potential capital gains of 12.15 percent. The minimum price target given was 47, implying potential capital losses of -31.55 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 3.42 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.78 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.63 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.65 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 4 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

OC has an estimated earnings growth rate of 14.2 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of OC is 1.27.

In the last 52-weeks, OC has achieved a high of 68.62 and a low of 46.45. Today's price is 47.81 percent above the 52-week low, and below the high by -0.06 percent. OC has a price/earnings ratio of 18.01. Investors typically compare the P/E ratio to a company's peers in the industry. The OC value stock report compares OC to some of its peers using value stock charts. The stock has a market capitalization of $7.17 billion. OC will post this quarters earnings in days, on 0000-00-00.