The growth of the EPS is critical in understanding the current valuation of Owens Corning Inc New. It is typically displayed as a percentage and called the EPS growth rate, which is 15.51%. EPS growth is a vital measure of execution of the strategy for Owens Corning Inc New since it indicates how well the business is allocating resources to benefit shareholders.
Owens Corning Inc New is in the basic materials sector and is in the building materials industry. The company CEO is Michael H. Thaman. Owens-Corning Inc manufactures and sells glass fiber products in the US. The company mainly offers Composites, Insulation, and Roofing solutions. Through these businesses it provides glass fiber, insulation service, shingles and roofing accessories.
Previous Intraday Performance:
The OC shares had a previous change of 0.92% which opened at 53.11 and closed at 52.73. It moved to an intraday high of 54.28 and a low of 52.60.
Over the last five trading days, OC shares returned -3.83% and in the past 30 trading days it returned -7.47%. Over three months, it changed -17.63%. In one year it has changed -32.95% and within that year its 52-week high was 96.52 and its 52-week low was 52.09. OC stock is 1.23% above its 52 Week Low.
Our calculations result in a 200 day moving average of 71.55 and a 50 day moving average of 57.65. Right now, OC stock is trading -26.30% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.
The company has a market cap of $5.8b with 110.9m shares outstanding and a float of 107.9m shares. Trading volume was 2,084,792 shares and has experienced an average volume of 1,452,436 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.
The last annual reported EPS for Owens Corning Inc New was 2.55 which ended on 31st of December 2017, which according to the previous close, that is a PE of 20.68. Based on 9 analyst estimates, the consensus EPS for the next quarter is 1.71. The trailing twelve month EPS is 4.33, which comes to a trailing twelve month PE of 12.18.
Below was the last reported quarterly earnings per share:
The dividend per share is currently 0.84, which is a dividend yield of 1.59%. Also, the payout ratio is 19.40%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 59.71, which means it might be undervalued and has a margin of safety of 11.69%
Indicators Also to Watch:
Based on the latest filings, there is 98.50% of institutional ownership. Short-interest was 4,548,937, which was 4.10% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.22. This stock has some short interest, but it might be normal and no need to worry if long the position.
I calculated the beta to be 1.03
Based on last reported financials, the company’s return on equity is 7.45%, return on assets is 3.22%, profit margin is 4.12%, price-to-sales is 1.13 and price-to-book is 1.40.
Company Score Card:
Results are out of six:
3 : Growth Expectations Result
3 : Financial Safety Result
2 : Past Performance Result
4 : Valuation Result
3 : Dividend Safety Result
3 : Overall Result