Owens Corning New: (NYSE: OC)

$44.23

-0.30 (-0.67%)

Volume 2,320,523

May 22 04:01 PM ET

Zacks Rank: 2-Buy

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		43.88 - 45.55
	
		52wk Low - High
		25.70 - 45.55
	
		Previous Close
		44.53
	
		Avg. Volume
		1,722,204
	
		Industry
		BLDG&CONST-MISC
	
		Market Cap
		5.29 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		2.20
	
		PE (Forward)
		21.59
	
		Current Year Est.
		2.06
	
		Quarterly Earnings ESP 
		1.39%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		Neutral
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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                                                                Zacks Industry Rank - All current industry ranks. 

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		224 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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Updated as of 05/15/2013

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                Key Earnings Data
            
                            PE (Forward)
                            21.59
                        
                            PEG Ratio
                            0.68
                        
                            Current Year Est.
                            2.06
                        
                            Current Quarter Estimate
                            0.72
                        
                            Most Accurate Estimate
                            0.73
                        
                            Earnings ESP 
                            1.39%
                        
                            Next Earnings Report Date
                            08-07-2013
                        
                            EPS Last Year
                            1.27
                        
                            Expected Earnings Growth
                            31.92%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Owens Corning is a world leader in building materials systems and composite solutions. Owens Corning people redefine what is possible each day to deliver high-quality products and services ranging from insulation, roofing, siding and stone, to glass composite materials used in transportation, electronics, telecommunications and other high-performance applications. Owens Corning has become a market-leading innovator of glass-fiber technology with sales.   
Full OC Company Report

        
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Turn Earnings Surprises into quick profits.
 
OC Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.72	0.67	2.06	3.04
Number of Estimates	11	10	11	11
Low Estimate	0.64	0.50	1.78	2.68
High Estimate	0.83	0.75	2.28	NA
Year Ago EPS	0.54	0.33	1.10	2.06
EPS Growth	33.50%	101.52%	87.52%	47.29%

More OC Estimates

Average Earnings Estimates for OC

EPS Growth for OC

Industry Analysis

Name	Symbol	Previous Close
OWENS CORNING	OC	44.53
JAMES HARDI-ADR	JHX	51.32
PGT INC	PGTI	8.21
ARMSTRONG WORLD	AWI	53.19
CAESAR STONE SD	CSTE	27.86
CRH PLC-ADR	CRH	21.87
DREW INDS INC	DW	37.33
HEADWATERS INC	HW	11.02
LAFARGE SA-ADR	LFRGY	17.60
MASCO	MAS	22.05

Sector:Construction>> Industry:BLDG&CONST-MISC

COMPARE TICKER vs. Its Peers

Zacks Commentary

Exelon Unit Develops Solar Infra

May 16, 2013

Owens Corning's Strategic Alliance

Mar 21, 2013

Company News for February 21, 2013

Feb 21, 2013

Masco Remains Neutral

Dec 31, 2012

Bearish MACD for Owens Corning

Oct 25, 2012

Company News for October 10, 2012

Oct 10, 2012

Report for OC

May 15, 2013

More OC Zacks Commentary

Financials

EPS TTM	1.27
Sales	5,172
Net Income	49
Price/Earnings	35.06
Price/Book	1.47
Price/Cash Flow	10.96
Price/Sales	1.02

More OC Financials

News

Recent 52-Week High Exceeded in Shares of Owens Corning (OC) - Financial News Netwfork Online - 52-Week High-Lows

May 22, 2013

Shares of Owens Corning Receive a Boost, Up 2.1% - Financial News Network Online - Market Movers

May 22, 2013

Owens Corning Crosses Below its 10-day MA (OC) - Financial News Network Online - Moving Average Crossovers

May 21, 2013

Owens Corning (OC) Could Break Through $45.26 Resistance Level - Freshbrewedmedia

May 20, 2013

Owens Corning Chooses Constellation to Develop 2.6-Megawatt Solar Project for Delmar, N.Y. Facility - Close-Up Media

May 20, 2013

Owens Corning Looks to Continue to Trade Above its Annual-High Share Price Today - Financial News Netwfork Online - 52-Week High-Lows

May 20, 2013

Owens Corning Selects Constellation to Develop 2.6-Megawatt Solar Project for Delmar N.Y. Facility - Businesswire

May 15, 2013

Shares of Owens Corning Rise Above Previous 52-Week High - Financial News Netwfork Online - 52-Week High-Lows

May 15, 2013

See All News Stories on OC

Broker Recommendations

Current ABR	1.92
ABR (Last Week)	1.92
# of recs in ABR	13
Average Target Price	48.20
Industry Rank by ABR	224 out of 265
Rank in Industry	3 out of 18

More OC Broker Recommendations

Day Low - High	43.88 - 45.55
52wk Low - High	25.70 - 45.55
Previous Close	44.53
Avg. Volume	1,722,204
Industry	BLDG&CONST-MISC
Market Cap	5.29 B
Div - Yield	0.00 - 0.00
Beta	2.20
PE (Forward)	21.59
Current Year Est.	2.06
Quarterly Earnings ESP	1.39%

PE (Forward)	21.59
PEG Ratio	0.68
Current Year Est.	2.06
Current Quarter Estimate	0.72
Most Accurate Estimate	0.73
Earnings ESP	1.39%
Next Earnings Report Date	08-07-2013
EPS Last Year	1.27
Expected Earnings Growth	31.92%

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Owens Corning New: (NYSE: OC)

$44.23

-0.30 (-0.67%)

Volume 2,320,523

May 22 04:01 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Construction>> Industry:BLDG&CONST-MISC

Zacks Commentary

Financials

News

Broker Recommendations