O-I Glass, Inc. (NYSE:OI – Free Report) – Investment analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for O-I Glass in a report issued on Friday, November 15th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings of $0.18 per share for the quarter, down from their prior 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.
Several other analysts also recently issued reports on OI. Bank of America upgraded O-I Glass from a “neutral” rating to a “buy” rating and boosted their price target for the company from $14.00 to $16.00 in a research note on Thursday, October 17th. Truist Financial restated a “buy” rating and issued a $16.00 price target (down from $17.00) on shares of O-I Glass in a research note on Thursday, August 1st. Barclays lowered 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. Robert W. Baird cut their price objective on shares of O-I Glass from $22.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, August 1st. Finally, StockNews.com raised shares of O-I Glass from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. Three investment 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 a consensus rating of “Moderate Buy” and an average price target of $16.25.
O-I Glass Price Performance
Shares of OI opened at $12.43 on Monday. The firm has a market capitalization of $1.92 billion, a PE ratio of -4.50 and a beta of 1.20. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.23 and a quick ratio of 0.77. The company’s 50-day moving average is $12.68 and its 200-day moving average is $12.25. O-I Glass has a fifty-two week low of $10.08 and a fifty-two week high of $17.58.
O-I Glass (NYSE:OI – Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The industrial products company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.08). The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.76 billion. O-I Glass had a positive return on equity of 9.16% and a negative net margin of 6.34%. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.80 EPS.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Sei Investments Co. increased its holdings in O-I Glass by 125.3% in the first quarter. Sei Investments Co. now owns 66,948 shares of the industrial products company’s stock valued at $1,111,000 after purchasing an additional 37,227 shares during the period. ProShare Advisors LLC raised its position in shares of O-I Glass by 7.4% during the first quarter. ProShare Advisors LLC now owns 31,330 shares of the industrial products company’s stock worth $520,000 after acquiring an additional 2,159 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its stake in shares of O-I Glass by 29.5% in the first quarter. State Board of Administration of Florida Retirement System now owns 57,449 shares of the industrial products company’s stock worth $953,000 after acquiring an additional 13,080 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in O-I Glass by 8.7% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 21,281 shares of the industrial products company’s stock valued at $357,000 after acquiring an additional 1,695 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in O-I Glass by 1.2% in the first quarter. Vanguard Group Inc. now owns 19,362,262 shares of the industrial products company’s stock valued at $321,220,000 after acquiring an additional 221,823 shares during the last quarter. Institutional investors 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.
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