However, rates won't stay where they are forever and, historically, more accommodative interest rate environments have led to recoveries in the housing market. I share these opinions, and believe that the core difference between the two investment propositions is that Owens Corning is a company operating well within its end markets. However, there are still question marks around Stanley Black & Decker. Unfortunately, there are two matters of concern. First, while the company is reducing inventory, its sales ...

Earnings and Revenue Projections - Analysts expect earnings of $15 48 per share and revenue of $11 23 billion for the full year, representing year-over-year increases of +7 35% and +16 03% respectively [1] - For the upcoming quarter, earnings per share (EPS) are projected at $4 31, a 2 13% increase from the same quarter last year, with quarterly revenue expected to be $2 87 billion, up 12 13% year-over-year [6] Valuation Metrics - The company currently has a Forward P/E ratio of 11 6, which is a discount compared to the industry average Forward P/E of 19 13 [4] - The PEG ratio stands at 5 34, significantly higher than the industry average PEG ratio of 1 74 [8] Stock Performance - The stock ended the recent trading session at $176 56, showing a -1 65% change from the previous day's close [10] - Over the past month, the stock gained 2 8%, outperforming the Construction sector's loss of 0 27% but lagging behind the S&P 500's gain of 4 59% [10] Industry and Sector Context - The Building Products - Miscellaneous industry, part of the Construction sector, holds a Zacks Industry Rank of 35, placing it in the top 14% of all 250+ industries [5] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [5] Analyst Sentiment and Revisions - Recent upward revisions in analyst estimates reflect a favorable outlook on the company's business health and profitability [2] - The Zacks Consensus EPS estimate has risen by 0 72% over the past month, and the company currently holds a Zacks Rank of 1 (Strong Buy) [3] Market Correlation - Research shows that changes in analyst estimates are directly correlated with near-term stock prices, forming the basis of the Zacks Rank system [7]

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. Wha ...

Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Owens Corning (OC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Owens Corning is one of 94 individual stocks in the Construction sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector ...

Have you been paying attention to shares of Owens Corning (OC) ? Shares have been on the move with the stock up 7.6% over the past month. The stock hit a new 52-week high of $181.6 in the previous session. Owens Corning has gained 22.3% since the start of the year compared to the 10% move for the Zacks Construction sector and the 11.1% return for the Zacks Building Products - Miscellaneous industry. What's Driving the Outperformance? On this front, we can look at the Zacks Style Scores, as these give invest ...

Owens Corning Headquarters. Owens Corning develops and produces insulation, roofing, and fiberglass composites. jetcityimage Introduction You may be familiar with my series of articles where I predict annual dividend increases for several long-term dividend growth companies. (If you aren't, you can see them on my profile page.) In general, this involves reviewing a dividend growth company's fundamental performance to predict that company's next dividend increase. However, in the modern stock market, much of ...

For Owens Corning, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher. Harnessing the Power of Earnings Estimate Revisions Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. ...

A month has gone by since the last earnings report for Owens Corning (OC) . Shares have added about 7.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Owens Corning due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Owens Corning Q1 Earnings & Net Sales Beat Owens ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 21st: Onto Innovation Inc. (ONTO) : This manufacturer of process control tools for optical metrology has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days. Onto's shares gained 27.8% over the last three months compared with the S&P 500's advance of 4.8%. The company possesses a Momentum Score of A. Southern Copper Corporatio ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zac ...