O-I Glass (NYSE:OI - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $1.55 billion for the quarter. O-I Glass has set its FY 2025 guidance at 1.200-1.500 EPS.
O-I Glass (NYSE:OI - Get Free Report) last released its quarterly earnings data 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 positive return on equity of 8.27% and a negative net margin of 1.62%. On average, analysts expect O-I Glass to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
O-I Glass Price Performance
NYSE:OI remained flat at $11.93 on Friday. The company's stock had a trading volume of 1,412,030 shares, compared to its average volume of 1,606,798. O-I Glass has a 12 month low of $9.23 and a 12 month high of $15.72. The company has a 50-day moving average of $11.30 and a 200 day moving average of $11.56. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of -16.80, a price-to-earnings-growth ratio of 0.24 and a beta of 0.98. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 3.78.
Analysts Set New Price Targets
OI has been the topic of a number of research analyst reports. Truist Financial reduced their price target on shares of O-I Glass from $15.00 to $13.00 and set a "buy" rating on the stock in a research note on Tuesday. 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. Citigroup dropped their price objective on O-I Glass from $12.00 to $11.00 and set a "neutral" rating for the company in a research note on Monday, January 6th. Wells Fargo & Company decreased their target price on O-I Glass from $18.00 to $16.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. Finally, Bank of America raised their price objective on shares of O-I Glass from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Monday, January 6th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $15.00.
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O-I Glass Company Profile
(
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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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