Is Owens Corning (OC) Stock Outpacing Its Construction Peers This Year?

Company Performance - Owens Corning (OC) has gained approximately 18.5% year-to-date, outperforming the average gain of 11% for the Construction sector [4] - The Zacks Consensus Estimate for OC's full-year earnings has increased by 10.2% over the past quarter, indicating improving analyst sentiment [3] - Owens Corning holds a Zacks Rank of 2 (Buy), suggesting a positive outlook for the stock [3] Industry Comparison - Owens Corning is part of the Building Products - Miscellaneous industry, which includes 28 stocks and currently ranks 50 in the Zacks Industry Rank [5] - The average gain for stocks in the Building Products - Miscellaneous industry is 12.7% this year, indicating that OC is performing better than its peers [5] - In contrast, PulteGroup, another Construction stock, has returned 12.8% year-to-date and belongs to the Building Products - Home Builders industry, which has gained 6.6% this year and ranks 22 [4][6] Sector Overview - The Construction sector consists of 95 individual stocks and currently holds a Zacks Sector Rank of 1, indicating strong overall performance [2] - The Zacks Rank system emphasizes earnings estimates and revisions, helping to identify stocks poised to outperform the market [3]