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Owens Corning (OC) Suffers a Larger Drop Than the General Market: Key Insights
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Owens Corning (OC - Free Report) closed at $131.68 in the latest trading session, marking a -1.99% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.28% for the day. Elsewhere, the Dow lost 0.54%, while the tech-heavy Nasdaq lost 0.31%.
The construction materials company's stock has climbed by 7.76% in the past month, exceeding the Construction sector's gain of 6.1% and the S&P 500's loss of 0.76%.
The upcoming earnings release of Owens Corning will be of great interest to investors. The company's earnings report is expected on February 25, 2026. The company is expected to report EPS of $1.33, down 58.7% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $2.2 billion, indicating a 22.59% decrease compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $12.31 per share and a revenue of $10.14 billion, representing changes of -22.63% and -7.57%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Owens Corning. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 1.21% fall in the Zacks Consensus EPS estimate. Owens Corning is holding a Zacks Rank of #4 (Sell) right now.
Digging into valuation, Owens Corning currently has a Forward P/E ratio of 12.7. This represents a discount compared to its industry average Forward P/E of 20.15.
Investors should also note that OC has a PEG ratio of 2.82 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Building Products - Miscellaneous industry currently had an average PEG ratio of 1.77 as of yesterday's close.
The Building Products - Miscellaneous industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 160, finds itself in the bottom 35% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Owens Corning (OC) Suffers a Larger Drop Than the General Market: Key Insights
Owens Corning (OC - Free Report) closed at $131.68 in the latest trading session, marking a -1.99% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.28% for the day. Elsewhere, the Dow lost 0.54%, while the tech-heavy Nasdaq lost 0.31%.
The construction materials company's stock has climbed by 7.76% in the past month, exceeding the Construction sector's gain of 6.1% and the S&P 500's loss of 0.76%.
The upcoming earnings release of Owens Corning will be of great interest to investors. The company's earnings report is expected on February 25, 2026. The company is expected to report EPS of $1.33, down 58.7% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $2.2 billion, indicating a 22.59% decrease compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $12.31 per share and a revenue of $10.14 billion, representing changes of -22.63% and -7.57%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Owens Corning. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 1.21% fall in the Zacks Consensus EPS estimate. Owens Corning is holding a Zacks Rank of #4 (Sell) right now.
Digging into valuation, Owens Corning currently has a Forward P/E ratio of 12.7. This represents a discount compared to its industry average Forward P/E of 20.15.
Investors should also note that OC has a PEG ratio of 2.82 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Building Products - Miscellaneous industry currently had an average PEG ratio of 1.77 as of yesterday's close.
The Building Products - Miscellaneous industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 160, finds itself in the bottom 35% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.