Owens ning(OC) ZACKS·2025-02-11 23:56Core Viewpoint - Owens Corning is set to report its financial results on February 24, 2025, with expectations of a decrease in EPS but an increase in revenue compared to the previous year [2]. Group 1: Stock Performance - Owens Corning's stock closed at 2.87, indicating a 10.59% decrease from the same quarter last year [2]. - Revenue is expected to reach $2.78 billion, representing a 20.53% increase compared to the same quarter of the previous year [2]. Group 3: Analyst Estimates - Changes in analyst estimates for Owens Corning are crucial as they reflect the shifting dynamics of short-term business patterns, with positive revisions indicating analysts' confidence in the company's performance [3]. - The Zacks Consensus EPS estimate has seen a 0.59% increase over the last 30 days, and Owens Corning currently holds a Zacks Rank of 2 (Buy) [5]. Group 4: Valuation Metrics - Owens Corning has a Forward P/E ratio of 11.36, which is below the industry average of 17.81 [6]. - The company has a PEG ratio of 1.97, compared to the industry average PEG ratio of 1.78 [6]. Group 5: Industry Context - The Building Products - Miscellaneous industry, which includes Owens Corning, ranks in the bottom 45% of all industries according to the Zacks Industry Rank [7]. - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7].