Owens Corning (OC) Laps the Stock Market: Here's Why

Owens Corning (OC) closed at $118.36, up 1.08% in the latest session. However, the stock has declined 13.08% over the past month, underperforming its sector. The company faces headwinds with forecasted EPS down 19.07% year-over-year and revenue expected to decline 2.14%. Despite these challenges, OC trades at a Forward P/E of 11.84, below its industry average of 15.64, earning a Zacks Rank #3 (Hold) rating.