Witnessing the stock’s movement on the chart, on Wednesday, Owens Corning (NYSE: OC) had a quiet start as it plunged -0.85% to $181.32, before settling in for the price of $182.87 at the close. Taking a more long-term approach, OC posted a 52-week range of $109.95-$191.44.
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The Industrials sector firm’s twelve-monthly sales growth has been 6.89% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 21.79%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.75%. This publicly-traded company’s shares outstanding now amounts to $87.20 million, simultaneously with a float of $86.08 million. The organization now has a market capitalization sitting at $15.77 billion.
Owens Corning (OC) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Building Products & Equipment industry. Owens Corning’s current insider ownership accounts for 1.00%, in contrast to 94.15% institutional ownership. According to the most recent insider trade that took place on Sep 19 ’24, this organization’s President, Composites sold 3,051 shares at the rate of 176.50, making the entire transaction reach 538,502 in total value, affecting insider ownership by 57,079. Preceding that transaction, on Sep 17 ’24, Company’s President, Composites sold 3,050 for 170.00, making the whole transaction’s value amount to 518,500. This particular insider is now the holder of 60,130 in total.
Owens Corning (OC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.16 per share during the current fiscal year.
Owens Corning’s EPS increase for this current 12-month fiscal period is 6.75% and is forecasted to reach 16.47 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.31% through the next 5 years, which can be compared against the 21.79% growth it accomplished over the previous five years trading on the market.
Owens Corning (NYSE: OC) Trading Performance Indicators
Let’s observe the current performance indicators for Owens Corning (OC). It’s Quick Ratio in the last reported quarter now stands at 0.79. The Stock has managed to achieve an average true range (ATR) of 4.87. Alongside those numbers, its PE Ratio stands at $15.35, and its Beta score is 1.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.60. Similarly, its price to free cash flow for trailing twelve months is now 11.67.
In the same vein, OC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 11.81, a figure that is expected to reach 4.05 in the next quarter, and analysts are predicting that it will be 16.47 at the market close of one year from today.
