Owens Corning (OC) Advances But Underperforms Market: Key Facts

Company Performance - Owens Corning's stock closed at $154.04, with a daily increase of +1.3%, underperforming the S&P 500's gain of 1.59% [1] - The stock has decreased by 20.31% over the past month, compared to a 9.68% loss in the Construction sector and a 2.42% loss in the S&P 500 [1] Earnings Forecast - The upcoming earnings release is expected to show an EPS of $3, reflecting a 16.43% decrease from the same quarter last year [2] - Revenue is projected to be $2.53 billion, indicating a 9.82% increase year-over-year [2] Full Year Estimates - Analysts forecast earnings of $15.03 per share and revenue of $10.74 billion for the full year, representing changes of -5.53% and -2.1% from the previous year [3] - Recent estimate revisions are seen as indicators of the company's business outlook [3] Zacks Rank and Valuation - Owens Corning currently holds a Zacks Rank of 5 (Strong Sell), with a consensus EPS projection that has decreased by 5.16% in the last 30 days [5] - The company has a Forward P/E ratio of 10.11, which is lower than the industry average of 17.05, suggesting it is trading at a discount [6] Industry Context - The Building Products - Miscellaneous industry, part of the Construction sector, has a Zacks Industry Rank of 199, placing it in the bottom 21% of over 250 industries [8] - The average PEG ratio for Owens Corning is 2.38, compared to the industry average of 1.79 [7]