Owens Corning is a leading manufacturer of building and construction materials with a global presence, including in the United States, Europe, and the Asia Pacific. The company operates through three main segments: Roofing, Insulation, and Composites. Its Roofing division offers a variety of shingles and roofing components for both residential and commercial projects. The Insulation division provides solutions like thermal batts and spray foam, catering to energy efficiency needs in construction. The Composites segment produces glass reinforcements and fiber products, essential for various industrial applications. Founded in 1938 and based in Toledo, Ohio, Owens Corning is synonymous with innovation in construction materials.
Owens Corning topped consensus EPS by 27% in its first full quarter as a residential-only building products company, with Roofing and Insulation growth covering a drop in Doors. Guidance carries about $40 million of incremental inflationary costs in Q3, plus heavier Q2 distributor stocking that pulls roofing orders forward.
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Tuesday's top analyst upgrades and downgrades included Adobe, Annaly Capital Management, BioCryst Pharmaceuticals, Carvana, DoorDash, Kimco Realty, Micron Technology, Netflix, Nike, PayPal and Zim Integrated Shipping Services.
Friday's top analyst upgrades and downgrades included Bank of America, Cloudflare, Crocs, Dell Technologies, Dollar General, Flex, Goldman Sachs, Home Depot, Lowe's Companies, McDonald's, Roku and Seagate Technology.
Monday's top analyst upgrades and downgrades included ASE Technology, Block, Comcast, Copart, Digital Realty Trust, Enphase Energy, First Solar, Intel, Meta Platforms, Roku, Southwest Airlines, Snap and Trade Desk.
Friday's top analyst upgrades and downgrades included Apple, Bilibili, Boeing, Carvana, Coty, Estee Lauder, Meta Platforms, Omega Healthcare Investors, RTX, Southwest Airlines and SunPower.
Thursday's top analyst upgrades and downgrades included Antero Resources, AutoZone, Coterra Energy, Dollar General, Eli Lilly, First Horizon, Infosys, Owens Corning, Palo Alto Networks, Range Resources, Southwestern Energy, Toast, Urban Outfitters and Workday.
Wednesday's top analyst upgrades and downgrades included APA, Edwards Lifesciences, Enterprise Products Partners, Global Payments, International Paper, Johnson & Johnson, Match, Medtronic, Netflix, Trade Desk, UDR and Walmart.
Wednesday's top analyst upgrades and downgrades included Bloomin' Brands, ChargePoint, Clorox, Cloudflare, Intel, Novavax, Owens Corning, Palo Alto Networks and PPL.
Tuesday's top analyst upgrades and downgrades included Airbnb, Canopy Growth, Continental Resources, DraftKings, Fisker, Moderna, Owens Corning, SunPower and Wayfair.
Wednesday's top analyst upgrades and downgrades included Beyond Meat, Boston Beer, Campbell Soup, Nordstrom, Okta, Owens Corning and Victoria’s Secret.
Wednesday's top analyst upgrades and downgrades included Adobe, Fastly, Fisker, Rocket Companies, Roku, Shopify and Target.
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Friday's top analyst upgrades and downgrades included Alphabet, Amazon.com, Apple, Callaway Golf, Facebook, Illumina, iRobot, Six Flags, Starbucks, Twitter and Yandex.
Friday's top analyst upgrades and downgrades included American Eagle Outfitters, Carvana, General Dynamics, Halliburton, Papa Johns, Snowflake, Splunk, Walmart and Workday.
