O-I Glass, Inc. (NYSE:OI - Free Report) - Equities research analysts at Zacks Research upped their Q1 2025 earnings estimates for O-I Glass in a report issued on Tuesday, February 18th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $0.18 for the quarter, up from their previous estimate of $0.17. The consensus estimate for O-I Glass' current full-year earnings is $1.33 per share. Zacks Research also issued estimates for O-I Glass' Q2 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.29 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.55 EPS, FY2026 earnings at $1.87 EPS and FY2027 earnings at $2.15 EPS.
Other analysts have also recently issued research reports about the stock. StockNews.com upgraded shares of O-I Glass from a "sell" rating to a "hold" rating in a research report on Tuesday, November 12th. Citigroup dropped their target price on shares of O-I Glass from $12.00 to $11.00 and set a "neutral" rating for the company in a research report on Monday, January 6th. Bank of America upped their target price on shares of O-I Glass from $14.00 to $15.00 and gave the company a "buy" rating in a research report on Monday, January 6th. Royal Bank of Canada dropped 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 report on Friday, November 1st. Finally, Wells Fargo & Company dropped their target price on shares of O-I Glass from $18.00 to $16.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, O-I Glass currently has an average rating of "Moderate Buy" and a consensus target price of $15.38.
View Our Latest Report on O-I Glass
O-I Glass Price Performance
Shares of O-I Glass stock traded down $0.49 during midday trading on Wednesday, reaching $11.27. The company had a trading volume of 1,909,570 shares, compared to its average volume of 1,527,456. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 3.78. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of -15.87, a price-to-earnings-growth ratio of 0.24 and a beta of 1.22. The stock has a fifty day simple moving average of $10.96 and a 200 day simple moving average of $11.95. O-I Glass has a 1-year low of $9.85 and a 1-year high of $17.58.
O-I Glass (NYSE:OI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The industrial products company reported ($0.05) earnings per share 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%.
Institutional Investors Weigh In On O-I Glass
Several institutional investors and hedge funds have recently added to or reduced their stakes in OI. Harbor Capital Advisors Inc. bought a new stake in O-I Glass during the 3rd quarter worth about $27,000. R Squared Ltd bought a new stake in O-I Glass during the 4th quarter worth about $45,000. Sterling Capital Management LLC lifted its position in O-I Glass by 807.2% during the 4th quarter. Sterling Capital Management LLC now owns 4,881 shares of the industrial products company's stock worth $53,000 after buying an additional 4,343 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in O-I Glass by 28.4% during the 3rd 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 in the last quarter. Finally, KBC Group NV lifted its position in O-I Glass by 38.9% during the 3rd quarter. KBC Group NV now owns 5,431 shares of the industrial products company's stock worth $71,000 after buying an additional 1,521 shares in the last quarter. 97.24% of the stock is owned by institutional investors.
About O-I Glass
(
Get Free Report)
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.
Recommended Stories
Before you consider O-I Glass, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O-I Glass wasn't on the list.
While O-I Glass currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
