O-I Glass (NYSE:OI - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.200-1.500 for the period, compared to the consensus EPS estimate of 1.340. The company issued revenue guidance of -.
O-I Glass Stock Down 4.0 %
OI traded down $0.48 on Friday, reaching $11.54. The company's stock had a trading volume of 1,534,640 shares, compared to its average volume of 1,600,716. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of -16.25, a P/E/G ratio of 0.24 and a beta of 1.20. O-I Glass has a fifty-two week low of $9.85 and a fifty-two week high of $17.58. The company has a quick ratio of 0.70, a current ratio of 1.15 and a debt-to-equity ratio of 3.78. The stock has a 50 day moving average of $11.55 and a two-hundred day moving average of $11.85.
O-I Glass (NYSE:OI - Get Free Report) last posted its earnings results on Tuesday, February 4th. The industrial products company reported ($0.05) EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.02. O-I Glass had a negative net margin of 1.62% and a positive return on equity of 8.27%. As a group, analysts forecast that O-I Glass will post 1.33 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on OI. Citigroup lowered their target price on shares of O-I Glass from $12.00 to $11.00 and set a "neutral" rating on the stock in a research report on Monday, January 6th. Bank of America increased their price objective on O-I Glass from $14.00 to $15.00 and gave the stock a "buy" rating in a research report on Monday, January 6th. Royal Bank of Canada restated an "outperform" rating and set a $16.00 price target on shares of O-I Glass in a research note on Monday, March 17th. Finally, Wells Fargo & Company lowered their price objective on shares of O-I Glass from $18.00 to $16.00 and set an "overweight" rating on the stock in a research report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, O-I Glass presently has an average rating of "Moderate Buy" and a consensus target price of $15.38.
Check Out Our Latest Research Report on O-I Glass
About O-I Glass
(
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O-I Glass, Inc, through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine.
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