Owens Corning (NYSE:OC) rose 0.37% during previous trade. Goldman issued rating on the stock of Owens Corning (NYSE:OC) in a research note issued to investors on Feb-17-17, the stock received “Upgrade” rating from Neutral to Buy. Additionally Barclays issued their verdict on the stock of the company, on record date of Jan-06-17 the stock was “Initiated” as Equal Weight at $54 besides that on Jan-05-17 Owens Corning (NYSE:OC) was “Upgraded” by KeyBanc Capital Mkts from Sector Weight to Overweight. Furthermore on Dec-16-16 the stock was “Initiated” by Macquarie as Underperform.
Owens Corning (NYSE:OC) shares ended last trading session at the price of $57.43 whereas a number of traders indicating mean target price will hit $58.84 over the next twelve months, mean value of price target most recently revised on 02/10/17. Owens Corning (NYSE:OC)’s highest estimates of price target are $69 and low forecast is $46 based on the opinion of 19 analysts. The price target estimates represents a standard deviation of 6.89. However brokerage recommendations suggests an ABR of 2.47 based on calls of 15 experts, where 6 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 7 suggest Hold, 0 are rating the stock as Sell while 2 as Strong Sell.
Owens Corning (NYSE:OC) is expected to release the earnings of its current quarter on 4/26/17. The company is expected to release $0.57 EPS for current quarter according to 23 analysts whereas the company reported $0.53 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.39 and high estimate of $0.72. For the current year Owens Corning (NYSE:OC) has set to release EPS of $3.85 as per the sentiments of 23 analysts, however according to 21 analysts, the company expected to release $4.3 EPS for next year.
Owens Corning (NYSE:OC)’s average revenue estimates for the current quarter are $1.29B according to 18 number of analysts. However its lowest revenue estimates are $1.24B and highest revenue estimates are $1.33B. A year ago the company’s sales were $1.23B. Its yearly sales growth estimates are 4.70%. For the next quarter the company has anticipated average revenues of $1.54B, according to the sentiments of 17 analysts. For the current year the company has fixed $5.81B revenues, as per the opinion of 21 analysts. For the current year the company has low revenue estimates of $5.66B in contradiction of high revenue estimates of $5.98B. Whereas for the next year revenues are set at $6.06B by 18 analysts.
The stock exchanged hands 1.34M shares versus average trading capacity of 1.24M shares, while its shares’ total market worth is $6.48B along with 112.39M outstanding shares. Owens Corning (NYSE:OC) shares were trading -1.43% below from the 52-week high price mark of $58.27 and +44.13% above from the 52-week price bottom of $39.84. However the company observed 52 week high price on 07/27/16 and witnessed 52 week low price on 02/24/16. The company’s price sits 6.27% above from its 50-day moving average of $54.65 and 10.05% far from the stock’s 200-day moving average which is $53.02. Owens Corning (NYSE:OC)’s price to sales ratio for trailing twelve month stands at 1.13, whereas its price to book ratio for most recent quarter sits at 1.68. However the company’s price to cash per share for most recent quarter stands at 57.42. Its price to free cash flow for trailing twelve months is 13.15.