Zacks Research Weighs in on O-I Glass' Q3 Earnings (NYSE:OI)

O-I Glass, Inc. (NYSE:OI - Free Report) - Investment analysts at Zacks Research boosted their Q3 2025 earnings estimates for O-I Glass in a report issued on Tuesday, January 28th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings of $0.56 per share for the quarter, up from their previous forecast of $0.55. 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' Q1 2026 earnings at $0.31 EPS and Q4 2026 earnings at $0.58 EPS.

Other analysts have also recently issued research reports about the stock. Wells Fargo & Company cut their price target 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. Royal Bank of Canada cut their price target on shares of O-I Glass from $18.00 to $16.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Citigroup cut their price target 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. Barclays cut their price target on shares of 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. Finally, StockNews.com raised shares of O-I Glass from a "sell" rating to a "hold" rating in a research report on Tuesday, November 12th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $15.38.

O-I Glass Trading Down 2.9 %

Shares of O-I Glass stock traded down $0.34 during trading on Thursday, hitting $11.60. The company's stock had a trading volume of 1,361,237 shares, compared to its average volume of 1,380,159. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.23 and a quick ratio of 0.77. O-I Glass has a 52 week low of $9.85 and a 52 week high of $17.58. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of -4.20 and a beta of 1.22. The stock has a 50-day moving average price of $11.14 and a two-hundred day moving average price of $11.96.

Institutional Investors Weigh In On O-I Glass

A number of institutional investors and hedge funds have recently made changes to their positions in OI. Sei Investments Co. raised its holdings in shares of O-I Glass by 18.0% in the 2nd quarter. Sei Investments Co. now owns 78,982 shares of the industrial products company's stock worth $879,000 after acquiring an additional 12,034 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of O-I Glass in the 2nd quarter worth about $2,551,000. Millennium Management LLC raised its holdings in shares of O-I Glass by 27.5% in the 2nd quarter. Millennium Management LLC now owns 1,965,426 shares of the industrial products company's stock worth $21,875,000 after acquiring an additional 424,102 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of O-I Glass by 4.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 83,898 shares of the industrial products company's stock worth $934,000 after acquiring an additional 3,413 shares during the last quarter. Finally, Mackenzie Financial Corp raised its holdings 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 worth $224,000 after acquiring an additional 1,162 shares during the last quarter. Institutional investors and hedge funds own 97.24% of the company's stock.

About O-I Glass

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.