Alfred Festa - Owens Corning Independent Director

OC Stock  USD 197.58  3.46  1.78%   

Director

Alfred Festa is Independent Director of Owens Corning since 2020.
Age 61
Tenure 4 years
Address One Owens Corning Parkway, Toledo, OH, United States, 43659
Phone419 248 8000
Webhttps://www.owenscorning.com

Owens Corning Management Efficiency

The company has Return on Asset (ROA) of 0.0867 % which means that for every $100 of assets, it generated a profit of $0.0867. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1913 %, which means that it produced $0.1913 on every 100 dollars invested by current stockholders. Owens Corning's management efficiency ratios could be used to measure how well Owens Corning manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.15. The current year's Return On Capital Employed is expected to grow to 0.21. At present, Owens Corning's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.15, whereas Total Assets are forecasted to decline to about 7.1 B.
Owens Corning reports 3.27 B of total liabilities with total debt to equity ratio (D/E) of 0.68, which is normal for its line of buisiness. Owens Corning has a current ratio of 1.73, which is generally considered normal. Note however, debt could still be an excellent tool for Owens to invest in growth at high rates of return.

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Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio. Owens Corning operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 20000 people. Owens Corning (OC) is traded on New York Stock Exchange in USA. It is located in One Owens Corning Parkway, Toledo, OH, United States, 43659 and employs 18,000 people. Owens Corning is listed under Building Products category by Fama And French industry classification.

Management Performance

Owens Corning Leadership Team

Elected by the shareholders, the Owens Corning's board of directors comprises two types of representatives: Owens Corning inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Owens. The board's role is to monitor Owens Corning's management team and ensure that shareholders' interests are well served. Owens Corning's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Owens Corning's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gunner Smith, President - Roofing
Gina JD, General VP
Alfred Festa, Independent Director
Jose MendezAndino, Executive Vice President, Chief Research and Development
John Williams, Lead Independent Director
Daniel Smith, Senior Vice President- Organisation and Administration
Ava Harter, Senior Vice President General Counsel, Secretary
Marcio Sandri, President - Composites
Walter Morris, Independent Director
Nicolas Monaco, President Insulation
W Morris, Independent Director
Mari Doerfler, VP Officer
Brad Lazorka, VP Treasurer
Adrienne Elsner, Independent Director
Paul Martin, Independent Director
Dave Rabuano, Senior Officer
Paula Russell, Chief Human Resource Officer, Senior Vice President
Todd Fister, President Insulation
Gina Beredo, Executive Vice President General Counsel, Corporate Secretary
Amber Wohlfarth, Director Relations
Kenneth Parks, Chief Financial Officer, Executive Vice President
Suzanne Nimocks, Lead Independent Director
William LeBaron, VP Services
Kelly Schmidt, Principal Accounting Officer, VP and Controller
Ralph Hake, Lead Independent Director
Maryann Mannen, Independent Director
Frank OBrienbernini, Vice President - Science & Technology and Chief Sustainability Officer
Eduardo Cordeiro, Independent Director
Raymund Trost, VP Europe
Edward Lonergan, Independent Director
J Ferguson, Independent Director
Brian Chambers, Chairman of the Board, President, Chief Executive Officer
Prithvi Gandhi, Interim Chief Financial Officer

Owens Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Owens Corning a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
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Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.4
Earnings Share
11.78
Revenue Per Share
119.235
Quarterly Revenue Growth
0.229
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.