Owens ning(OC) ZACKS·2025-02-20 00:05Company Performance - Owens Corning closed at 2.87, indicating a 10.59% decline from the same quarter last year [2] - Revenue is anticipated to be $2.78 billion, representing a 20.53% increase from the equivalent quarter last year [2] Analyst Projections - Recent shifts in analyst projections for Owens Corning are important for investors, as positive revisions indicate optimism regarding the company's business and profitability [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that Owens Corning currently holds a Zacks Rank of 2 (Buy) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has increased by 0.59% [5] Valuation Metrics - Owens Corning has a Forward P/E ratio of 11.21, which is lower than the industry average of 18.66 [6] - The company has a PEG ratio of 1.94, compared to the industry average PEG ratio of 1.81 [6] Industry Context - The Building Products - Miscellaneous industry, part of the Construction sector, has a Zacks Industry Rank of 176, placing it in the bottom 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]