Zacks Research Has Negative Outlook of O-I Glass Q1 Earnings

O-I Glass, Inc. (NYSE:OI - Free Report) - Equities research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for shares of O-I Glass in a report released on Tuesday, November 12th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $0.19 per share for the quarter, down from their prior forecast of $0.29. The consensus estimate for O-I Glass' current full-year earnings is $0.75 per share. Zacks Research also issued estimates for O-I Glass' Q3 2025 earnings at $0.54 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.60 EPS and FY2026 earnings at $1.98 EPS.

Several other equities research analysts also recently commented on OI. StockNews.com raised O-I Glass from a "sell" rating to a "hold" rating in a report on Tuesday. Wells Fargo & Company lowered their price objective on shares of O-I Glass from $19.00 to $18.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 17th. Barclays dropped their price target on O-I Glass from $14.00 to $13.00 and set an "equal weight" rating on the stock in a research report on Thursday, October 31st. Truist Financial reissued a "buy" rating and issued a $16.00 price target (down from $17.00) on shares of O-I Glass in a research report on Thursday, August 1st. Finally, Citigroup raised their price objective on shares of O-I Glass from $14.00 to $15.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $16.25.

O-I Glass Price Performance

NYSE OI traded up $0.37 on Thursday, reaching $13.14. The company's stock had a trading volume of 1,045,222 shares, compared to its average volume of 1,693,749. The firm's 50 day moving average is $12.65 and its two-hundred day moving average is $12.29. The stock has a market cap of $2.03 billion, a PE ratio of -4.76 and a beta of 1.20. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.77 and a current ratio of 1.23. O-I Glass has a twelve month low of $10.08 and a twelve month high of $17.58.

O-I Glass (NYSE:OI - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The industrial products company reported ($0.04) earnings per share (EPS) 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 the consensus estimate of $1.76 billion. During the same period in the previous year, the company posted $0.80 EPS. The company's revenue for the quarter was down 3.7% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of OI. Everence Capital Management Inc. raised its position in O-I Glass by 6.1% in the third quarter. Everence Capital Management Inc. now owns 15,550 shares of the industrial products company's stock valued at $204,000 after purchasing an additional 890 shares during the last quarter. Diversified Trust Co increased its stake in shares of O-I Glass by 2.0% in the third quarter. Diversified Trust Co now owns 49,596 shares of the industrial products company's stock valued at $651,000 after buying an additional 965 shares during the period. Nisa Investment Advisors LLC increased its position in shares of O-I Glass by 28.4% during the third quarter. Nisa Investment Advisors LLC now owns 5,136 shares of the industrial products company's stock worth $67,000 after buying an additional 1,136 shares during the period. Mackenzie Financial Corp increased its stake in shares of O-I Glass by 6.1% in the 2nd quarter. Mackenzie Financial Corp now owns 20,091 shares of the industrial products company's stock valued at $224,000 after acquiring an additional 1,162 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in O-I Glass by 40.2% in the first quarter. Bessemer Group Inc. now owns 4,597 shares of the industrial products company's stock valued at $76,000 after purchasing an additional 1,318 shares in the last quarter. Institutional investors and hedge funds own 97.24% of the company's stock.

O-I Glass Company Profile

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.