Owens Corning downgraded by Barclays with a new price target
$OC
Industrial Machinery/Components
Industrials
Barclays downgraded Owens Corning from Overweight to Equal Weight and set a new price target of $160.00 from $170.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/9/2025 | Peer Perform → Outperform | Wolfe Research | |
| 4/1/2025 | $183.00 | Buy | Deutsche Bank |
| 12/17/2024 | $195.00 → $225.00 | Equal Weight → Overweight | Wells Fargo |
| 12/11/2024 | $192.00 → $245.00 | Equal Weight → Overweight | Barclays |
| 7/11/2024 | $178.00 → $191.00 | Neutral → Buy | Citigroup |
| 6/17/2024 | $187.00 | Neutral | Goldman |
| 5/22/2024 | $215.00 | Buy | Jefferies |
| 5/21/2024 | $192.00 → $201.00 | Outperform | RBC Capital Mkts |
Raising margin guide and growing revenue: Increasing long-term enterprise adjusted EBITDA margin guide to mid-20% on average, with $12.5 billion in sales by 2028 Delivering strong cash generation: Targeting more than $5 billion in free cash flow generation from 2025 to 2028, with mid-teens return on capital by 2028 Committing significant capital to shareholder returns: Returning $2 billion of cash to shareholders by end of 2026, through quarterly dividends and share repurchases Driving long-term value creation through The OC Advantage™: Leveraging unique capabilities across three market-leading businesses, and secular trends, generating growth Owens Corning (NYSE:OC), a buildin
Owens Corning (NYSE:OC), a building products leader, today announced that its Board of Directors has approved a new share repurchase authorization for up to 12 million shares of the company's common stock. The action reaffirms the company's capital allocation strategy and reflects the success of its disciplined commercial and operational execution to deliver consistent and sustainable performance in dynamic market conditions. This authorization is in addition to the previously announced share repurchase program in which approximately 5.7 million shares remained available for repurchase as of March 31, 2025. "The additional share repurchase authorization reflects the earnings power of our
Owens Corning (NYSE:OC), a building products leader, today reported first-quarter 2025 results. Reported Net Sales from Continuing Operations of $2.5 Billion, a 25% Increase from Prior Year, with Newly Acquired Doors Business Contributing $540 Million in Revenue Generated Net Earnings Margin from Continuing Operations of 10% and Adjusted EBITDA Margin from Continuing Operations of 22% Delivered Diluted EPS from Continuing Operations of $2.95 and Adjusted Diluted EPS from Continuing Operations of $2.97 Produced Operating Cash Outflow of $49 Million and Free Cash Outflow of $252 Million Returned $159 Million to Shareholders through Dividends and Share Repurchases "Owens Corning de
SD - Owens Corning (0001370946) (Filer)
10-Q - Owens Corning (0001370946) (Filer)
8-K - Owens Corning (0001370946) (Filer)
SC 13G/A - Owens Corning (0001370946) (Subject)
SC 13G/A - Owens Corning (0001370946) (Subject)
SC 13G/A - Owens Corning (0001370946) (Subject)
Raising margin guide and growing revenue: Increasing long-term enterprise adjusted EBITDA margin guide to mid-20% on average, with $12.5 billion in sales by 2028 Delivering strong cash generation: Targeting more than $5 billion in free cash flow generation from 2025 to 2028, with mid-teens return on capital by 2028 Committing significant capital to shareholder returns: Returning $2 billion of cash to shareholders by end of 2026, through quarterly dividends and share repurchases Driving long-term value creation through The OC Advantage™: Leveraging unique capabilities across three market-leading businesses, and secular trends, generating growth Owens Corning (NYSE:OC), a buildin
Owens Corning (NYSE:OC), a building products leader, today reported first-quarter 2025 results. Reported Net Sales from Continuing Operations of $2.5 Billion, a 25% Increase from Prior Year, with Newly Acquired Doors Business Contributing $540 Million in Revenue Generated Net Earnings Margin from Continuing Operations of 10% and Adjusted EBITDA Margin from Continuing Operations of 22% Delivered Diluted EPS from Continuing Operations of $2.95 and Adjusted Diluted EPS from Continuing Operations of $2.97 Produced Operating Cash Outflow of $49 Million and Free Cash Outflow of $252 Million Returned $159 Million to Shareholders through Dividends and Share Repurchases "Owens Corning de
Owens Corning (NYSE:OC) is scheduled to announce its first-quarter financial results on Wednesday, May 7, 2025, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day. Webcast https://events.q4inc.com/attendee/560386840 A webcast replay will be available for one year using the same link. Callers Please dial in 10-15 minutes before the conference call is scheduled to begin and use the entry code 993845. U.S.: 1.833.470.1428 Canada: 1.833.950.0062 Other international locations: +1.404.975.4839 Telephone replay Telephone replay will be available one hour after the end of the call through Wednesday, May 14,
Wolfe Research upgraded Owens Corning from Peer Perform to Outperform
Deutsche Bank initiated coverage of Owens Corning with a rating of Buy and set a new price target of $183.00
Wells Fargo upgraded Owens Corning from Equal Weight to Overweight and set a new price target of $225.00 from $195.00 previously
4 - Owens Corning (0001370946) (Issuer)
4 - Owens Corning (0001370946) (Issuer)
4 - Owens Corning (0001370946) (Issuer)
Owens Corning (NYSE:OC), a residential and commercial building products leader, today announced that Gina Beredo has been promoted to the newly created role of Executive Vice President, Chief Administrative Officer & General Counsel of the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250304010643/en/Gina Beredo has been promoted to the newly created role of Executive Vice President, Chief Administrative Officer & General Counsel of Owens Corning. (Photo: Business Wire) In her expanded role, Ms. Beredo will oversee the company's human resources function along with her existing legal, corporate affairs, aviation, and com
Beacon (NASDAQ:BECN) announced today the appointment of Prithvi (Prith) Gandhi as Executive Vice President and Chief Financial Officer. Mr. Gandhi will join Beacon on May 1, 2024, and assume his role as Chief Financial Officer on or about May 6, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240422328918/en/Prithvi Gandhi, Beacon (Photo: Business Wire) Prior to joining Beacon, Mr. Gandhi was VP, Finance and Chief Financial Officer at TAMKO Building Products, a roofing products manufacturer and supplier for the last two years where he led initiatives that drove business insights and financial leverage resulting in improved
Owens Corning (NYSE:OC) today announced that Nicolas Del Monaco has been appointed President of the company's global Insulation business effective September 15, 2023. Mr. Del Monaco will succeed Todd Fister, who is transitioning to the role of Chief Financial Officer, as announced yesterday. Mr. Del Monaco will report directly to Chair and Chief Executive Officer Brian Chambers and serve as a member of the company's Executive Committee. "With more than two decades of experience at OC – across multiple businesses, functions, and regions, Nico is a seasoned operational leader with a proven track record of delivering results, advancing strategies, and leading high-performing teams in diver