Owens Corning Third Quarter 2024 Earnings EPS Misses Expectations
OC Stock | USD 205.10 2.83 1.36% |
About 59% of Owens Corning's investor base is looking to short. The analysis of overall sentiment of trading Owens Corning stock suggests that many investors are alarmed at this time. The current market sentiment, together with Owens Corning's historical and current headlines, can help investors time the market. In addition, many technical investors use Owens Corning stock news signals to limit their universe of possible portfolio assets.
Owens |
Owens Corning Third Quarter 2024 Results Key Financial Results Revenue US3.05b . Net...
Read at simplywall.st
Owens Corning Current Investor Sentiment
Panic Vs Confidence
41
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Owens Corning's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Owens Corning.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Owens Corning Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Owens Corning can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Owens Corning Historical Investor Sentiment
Investor biases related to Owens Corning's public news can be used to forecast risks associated with an investment in Owens. The trend in average sentiment can be used to explain how an investor holding Owens can time the market purely based on public headlines and social activities around Owens Corning. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Owens Corning's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Owens Corning and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Owens Corning news discussions. The higher the estimate score, the more favorable the investor's outlook on Owens Corning.
Owens Corning Fundamental Analysis
We analyze Owens Corning's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Owens Corning using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Owens Corning based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Last Dividend Paid
Last Dividend Paid Comparative Analysis
Owens Corning is currently under evaluation in last dividend paid category among its peers. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
Owens Corning Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Owens Corning stock to make a market-neutral strategy. Peer analysis of Owens Corning could also be used in its relative valuation, which is a method of valuing Owens Corning by comparing valuation metrics with similar companies.
Peers
Owens Corning Related Equities
WMS | Advanced Drainage | 1.20 | ||||
JELD | Jeld Wen | 1.03 | ||||
BLDR | Builders FirstSource | 0.43 | ||||
FBIN | Fortune Brands | 0.04 | ||||
JCI | Johnson Controls | 0.05 | ||||
AZEK | Azek | 0.29 | ||||
MAS | Masco | 0.36 | ||||
ROCK | Gibraltar Industries | 0.46 | ||||
TT | Trane Technologies | 0.73 | ||||
CSL | Carlisle Companies | 0.79 | ||||
TREX | Trex | 0.93 | ||||
LII | Lennox International | 0.93 | ||||
AWI | Armstrong World | 1.10 | ||||
APOG | Apogee Enterprises | 1.66 | ||||
NX | Quanex Building | 6.67 |
Complementary Tools for Owens Stock analysis
When running Owens Corning's price analysis, check to measure Owens Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Stocks Directory Find actively traded stocks across global markets |