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The latest trading day saw Owens Corning (OC) settling at $144.08, representing a +0.88% change from its previous close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Owens Corning (OC) concluded the recent trading session at $145.06, signifying a +0.76% move from its prior day's close.
It's no secret that Home Depot's (HD -1.29%) prospects are guided by home improvement spending, which is led by the housing market. As such, many investors buy into the stock to play an improving housing market in an environment of, hopefully, lower interest rates.
The latest trading day saw Owens Corning (OC) settling at $144.58, representing a -0.7% change from its previous close.
Dividend stocks lack the glitz and glam of high-octane growth stocks. But they can make up for it by passing along profits to shareholders no matter what the market is doing.
Owens Corning (OC) closed at $154.04 in the latest trading session, marking a +1.3% move from the prior day.
Owens Corning (OC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Owens Corning's strategic focus on ESG, insulation, and energy transition, along with the Masonite acquisition, provides a solid growth platform despite current market challenges. The company reported 2024 sales of $10.98 billion, with adjusted earnings of $15.91 per share, but GAAP earnings were significantly lower due to various charges. Despite a reasonable valuation at 10 times adjusted earnings and reduced leverage, the lack of organic growth and high margins limit near-term earnings growth potential.