Zacks Research Brokers Lift Earnings Estimates for O-I Glass

O-I Glass, Inc. (NYSE:OI) – Equities researchers at Zacks Research boosted their Q1 2025 earnings estimates for O-I Glass in a report released on Tuesday, February 18th. Zacks Research analyst M. Das now expects that the industrial products company will earn $0.18 per share for the quarter, up from their prior forecast of $0.17. The consensus estimate for O-I Glass’ current full-year earnings is $1.36 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.

O-I Glass (NYSE:OI) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate 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%.

Several other analysts have also recently issued reports on OI. Bank of America upped their target price on O-I Glass from $14.00 to $15.00 and gave the company a “buy” rating in a report on Monday, January 6th. Barclays reduced their target price on shares of O-I Glass from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 31st. Citigroup dropped their price target on shares of O-I Glass from $12.00 to $11.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. StockNews.com raised shares of O-I Glass from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Wells Fargo & Company lowered their price objective on 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 equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $15.38.

O-I Glass Price Performance

NYSE:OI opened at $11.29 on Wednesday. O-I Glass has a one year low of $9.85 and a one year high of $17.58. The stock has a market cap of $1.74 billion, a PE ratio of -15.90, a P/E/G ratio of 0.23 and a beta of 1.22. The company has a debt-to-equity ratio of 3.78, a quick ratio of 0.70 and a current ratio of 1.15. The stock has a 50 day moving average price of $10.96 and a 200 day moving average price of $11.95.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in OI. Cooper Creek Partners Management LLC lifted its position in shares of O-I Glass by 18.2% during the fourth quarter. Cooper Creek Partners Management LLC now owns 11,082,262 shares of the industrial products company’s stock worth $120,132,000 after purchasing an additional 1,705,216 shares in the last quarter. FMR LLC increased its stake in O-I Glass by 6.9% during the 4th quarter. FMR LLC now owns 10,054,398 shares of the industrial products company’s stock worth $108,990,000 after buying an additional 647,237 shares during the period. Dimensional Fund Advisors LP lifted its holdings in O-I Glass by 9.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,449,472 shares of the industrial products company’s stock worth $80,749,000 after buying an additional 617,460 shares in the last quarter. Highland Peak Capital LLC boosted its position in O-I Glass by 87.5% in the 4th quarter. Highland Peak Capital LLC now owns 3,877,259 shares of the industrial products company’s stock valued at $42,029,000 after buying an additional 1,809,237 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of O-I Glass by 1.1% in the third quarter. Geode Capital Management LLC now owns 3,568,443 shares of the industrial products company’s stock worth $46,827,000 after acquiring an additional 37,238 shares in the last quarter. 97.24% of the stock is currently owned by institutional investors and hedge funds.

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.