With 2.06 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.07 million shares. The 52-week range on OC shows that it touched its highest point at $214.53 and its lowest point at $123.40 during that stretch. It currently has a 1-year price target of $177.79. With its current market cap of 11.15 billion, OC has annualized dividend of $2.58 while the current yield stands at 1.98%. Beta for the stock currently stands at 1.41.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OC was down-trending over the past week, with a drop of -10.32%, but this was up by 0.48% over a month. Three-month performance dropped to -28.41% while six-month performance fell -27.69%. The stock lost -25.40% in the past year, while it has lost -23.44% so far this year. A look at the trailing 12-month EPS for OC yields 7.27 with Next year EPS estimates of 15.47. For the next quarter, that number is 4.06. This implies an EPS growth rate of -10.98% for this year and 9.23% for next year. EPS is expected to grow by 3.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 14.91%.
Float and Shares Shorts:
At present, 85.40 million OC shares are outstanding with a float of 84.66 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OC since 15 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $15.79282 being high and $15.25203 being low. For OC, this leads to a yearly average estimate of $15.51241.
