OC

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Deutsche Bank Coverage: Deutsche Bank has initiated coverage of Owens Corning with a "Buy" recommendation, projecting a 39.26% upside based on an average one-year price target of $200.64/share.

Institutional Ownership Trends: There is a slight increase in the number of funds holding positions in Owens Corning, but total shares owned by institutions have decreased by 2.21% over the last three months, indicating mixed sentiment among investors.

Owens Corning Stock Analysis: Owens Corning (OC) has received a high rating of 93% from Validea's Multi-Factor Investor model, indicating strong interest based on its fundamentals and valuation in the construction supplies industry.

Pim van Vliet's Investment Strategy: The strategy, developed by Pim van Vliet, focuses on low volatility stocks that exhibit strong momentum and high net payout yields, emphasizing that such stocks can outperform high volatility ones with less risk.

Analyst Rating and Price Target: Michael Dahl from RBC Capital maintains a Buy rating on Owens Corning with a price target of $212.00, while the company has a Moderate Buy consensus with a target of $205.67.

Financial Performance and Insider Activity: Owens Corning reported a quarterly revenue of $2.84 billion but faced a GAAP net loss of $258 million, alongside negative insider sentiment as 142 insiders have been selling shares recently.

Dividend Predictability: Dividend amounts are unpredictable and fluctuate with a company's profitability; analyzing Owens Corning's history can provide insights into the sustainability of its recent dividend yield.

Author's Perspective: The opinions presented in the article reflect the author's views and may not align with those of Nasdaq, Inc.

Dividend Stocks at 52-Week Lows: Several dividend stocks are trading near their 52-week lows this week, with ten of them approaching their ex-dividend dates, making them potential investment opportunities for buyers looking to benefit from upcoming payouts.

List of Stocks: The highlighted stocks include CRI, SHOO, OC, ECC, CRWS, TROW, SEE, LEG, FIP, and UTMD, which can be purchased at discounted prices before their respective ex-dividend dates.

Owens Corning Stock Performance: Owens Corning (OC) closed at $144.58, down 0.7%, underperforming the S&P 500 and other major indices, with a significant 20.84% decline over the past month. The company is expected to report an EPS of $2.94, reflecting an 18.11% decrease year-over-year.

Analyst Projections and Zacks Rank: Analysts predict full-year earnings of $14.59 per share for Owens Corning, indicating a decline from last year, while the stock currently holds a Zacks Rank of #4 (Sell). The company's valuation metrics suggest it is trading at a discount compared to its industry averages.

Dividend Stocks Overview: Dividend stocks, while less flashy than growth stocks, provide consistent returns to shareholders. American Electric Power, Owens Corning, and ConocoPhillips are highlighted as top dividend stocks due to their reasonable valuations and strong cash flow generation.

Company Insights: American Electric Power offers a 3.5% dividend yield with stable earnings from regulated operations; Owens Corning is positioned for potential growth in the housing market despite current challenges; ConocoPhillips stands out with a solid 3.1% dividend yield and significant free cash flow prospects driven by strategic investments.

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Promotion Announcement: Gina Beredo has been promoted to Executive Vice President, Chief Administrative Officer & General Counsel at Owens Corning, where she will oversee human resources along with her existing legal and corporate affairs responsibilities.

Leadership Transition: Paula Russell, the outgoing Executive Vice President and Chief Human Resources Officer, is set to leave the company for personal growth opportunities after 25 years, with plans for a smooth transition of her duties before her departure in mid-April.

Promotion Announcement: Owens Corning has promoted Gina Beredo to Executive Vice President, Chief Administrative Officer & General Counsel, where she will oversee human resources in addition to her existing legal and corporate affairs roles.

Transition of Responsibilities: Paula Russell, the current Chief Human Resources Officer, will assist in the transition before leaving the company in mid-April to pursue personal growth opportunities after 25 years of service.

Stock Performance: Owens Corning (OC) closed at $154.04, up 1.3%, but underperformed compared to the S&P 500's gain of 1.59%. The stock has dropped 20.31% over the past month, significantly more than the Construction sector and S&P 500 losses.

Earnings Forecast and Valuation: Investors are keenly awaiting OC's upcoming earnings report, with an expected EPS of $3, a decline from last year. The company currently holds a Zacks Rank of #5 (Strong Sell), indicating a negative outlook, while its Forward P/E ratio suggests it is trading at a discount compared to industry averages.

Analyst Ratings on Owens Corning: Stephen Kim from Evercore ISI maintains a Hold rating on Owens Corning with a price target of $180, while Truist Financial also issued a Hold rating; however, Wells Fargo has a Buy rating for the stock.

Insider Selling and Market Sentiment: Corporate insider sentiment is negative as 131 insiders have sold shares recently, including the President of OC who sold over 2,100 shares, indicating potential concerns about the company's future performance.

Analyst Ratings Overview: Recent evaluations of Owens-Corning by 7 analysts show a mix of bullish and bearish sentiments, with an average price target increase to $219.14, reflecting a positive shift in expectations over the last month.

Company Performance Insights: Owens-Corning has demonstrated strong revenue growth of approximately 22.87% but faces challenges with below-average net margin, return on equity, and high debt-to-equity ratio compared to industry standards.

Analyst Rating Changes: Several Wall Street analysts have adjusted their price targets for various companies, including Rockwell Automation (raised to $280), Trex Company (cut to $71), and Core Scientific (cut to $20), while maintaining their respective ratings.

Stock Performance: The current stock prices for these companies vary, with Rockwell Automation at $292.63, Trex at $61.67, and Core Scientific at $9.86, reflecting the market's response to the analysts' updates.

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Price Target Adjustment: RBC Capital has lowered its price target for Owens Corning (OC) from $224 to $212 while maintaining an Outperform rating, citing ongoing weakness in the Doors business but a positive outlook on Roofing and Insulation segments.

Market Sentiment: Despite short-term challenges, analysts express confidence in Owens Corning's long-term potential, highlighting strong financials and strategic initiatives that support buy ratings from various firms.

Analyst Rating Update: BofA analyst Rafe Jadrosich has reduced Owens Corning's price target from $230 to $214 while maintaining a Buy rating, following the company's Q4 adjusted EPS of $3.22, which surpassed expectations due to improved revenue and margins.

Future Projections: Despite strong Q4 results, the firm has lowered its 2025 and 2026 adjusted EPS forecasts by 8% and 2%, respectively, citing the exclusion of Glass Reinforcements and a weaker outlook for doors, while management anticipates mid-20 percent ongoing revenue growth in Q1.

Analyst Ratings: Garik Shmois from Loop Capital Markets maintains a Buy rating on Owens Corning with a price target of $210, while Wells Fargo also issued a Buy rating, contrasting with Truist Financial's Hold rating.

Insider Activity: Recent insider activity shows a negative sentiment towards Owens Corning, with an increase in insiders selling shares, including a notable sale by EVP Jose Mendez-Andino.

V2X Analysis: RBC Capital maintains a Hold rating on V2X with a price target of $54.00, while the analyst consensus suggests a Moderate Buy with an average target of $63.43, indicating potential upside from current levels.

Owens Corning Outlook: RBC Capital has a Buy rating for Owens Corning with a price target of $212.00, and the overall analyst consensus is a Strong Buy with an average target of $219.22, reflecting significant expected growth.