O-I Glass, Inc. (NYSE:OI - Free Report) - Equities research analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for O-I Glass in a research report issued to clients and investors on Friday, November 15th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.19. The consensus estimate for O-I Glass' current full-year earnings is $0.76 per share. Zacks Research also issued estimates for O-I Glass' Q3 2025 earnings at $0.55 EPS, Q1 2026 earnings at $0.30 EPS, Q2 2026 earnings at $0.41 EPS, Q3 2026 earnings at $0.61 EPS and FY2026 earnings at $1.92 EPS.
O-I Glass (NYSE:OI - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The industrial products company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.08). O-I Glass had a positive return on equity of 9.16% and a negative net margin of 6.34%. The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same quarter last year, the company posted $0.80 EPS. O-I Glass's quarterly revenue was down 3.7% compared to the same quarter last year.
Other equities analysts have also recently issued research reports about the company. Bank of America raised O-I Glass from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $14.00 to $16.00 in a report on Thursday, October 17th. Truist Financial restated a "buy" rating and issued a $16.00 price objective (down previously from $17.00) on shares of O-I Glass in a research report on Thursday, August 1st. Citigroup raised their price objective on shares of O-I Glass from $14.00 to $15.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 2nd. Royal Bank of Canada decreased their target price on shares of O-I Glass from $18.00 to $16.00 and set an "outperform" rating for the company in a research note on Friday, November 1st. Finally, Robert W. Baird dropped their price target on shares of O-I Glass from $22.00 to $18.00 and set an "outperform" rating on the stock in a research report on Thursday, August 1st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $16.25.
Read Our Latest Stock Report on OI
O-I Glass Stock Performance
NYSE OI traded down $0.54 on Monday, reaching $12.43. 1,384,232 shares of the company's stock traded hands, compared to its average volume of 1,690,493. O-I Glass has a fifty-two week low of $10.08 and a fifty-two week high of $17.58. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.77 and a current ratio of 1.23. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of -4.50 and a beta of 1.20. The stock has a 50 day moving average price of $12.68 and a 200-day moving average price of $12.25.
Institutional Trading of O-I Glass
Institutional investors and hedge funds have recently modified their holdings of the stock. Segall Bryant & Hamill LLC purchased a new stake in O-I Glass during the 3rd quarter worth approximately $32,350,000. Highland Peak Capital LLC acquired a new stake in shares of O-I Glass in the third quarter worth approximately $27,132,000. Levin Capital Strategies L.P. increased its position in shares of O-I Glass by 66.0% during the first quarter. Levin Capital Strategies L.P. now owns 2,808,105 shares of the industrial products company's stock worth $46,586,000 after purchasing an additional 1,116,340 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in O-I Glass by 8.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,093,723 shares of the industrial products company's stock valued at $78,952,000 after purchasing an additional 573,300 shares during the last quarter. Finally, Private Management Group Inc. lifted its holdings in O-I Glass by 20.8% in the 3rd quarter. Private Management Group Inc. now owns 3,025,731 shares of the industrial products company's stock valued at $39,698,000 after purchasing an additional 520,452 shares in the last quarter. Hedge funds and other institutional investors own 97.24% of the company's stock.
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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