O-I Glass, Inc. (NYSE:OI – Free Report) – Equities researchers at Zacks Research cut their Q1 2025 earnings estimates for shares of O-I Glass in a research note issued to investors on Tuesday, November 12th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $0.19 for the quarter, down from their prior estimate 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.
OI has been the subject of a number of other reports. StockNews.com raised shares of O-I Glass from a “sell” rating to a “hold” rating in a research report on Tuesday. Barclays reduced their price target on shares of O-I Glass from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Thursday, October 31st. Citigroup raised their price target on shares of O-I Glass from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Truist Financial reaffirmed a “buy” rating and set a $16.00 target price (down from $17.00) on shares of O-I Glass in a report on Thursday, August 1st. Finally, Royal Bank of Canada cut 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 report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. 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 Stock Performance
OI opened at $13.15 on Thursday. O-I Glass has a 12-month low of $10.08 and a 12-month high of $17.58. The company has a current ratio of 1.23, a quick ratio of 0.77 and a debt-to-equity ratio of 3.18. The firm has a market capitalization of $2.03 billion, a PE ratio of -4.76 and a beta of 1.20. The firm has a 50 day moving average of $12.65 and a two-hundred day moving average of $12.29.
O-I Glass (NYSE:OI – Get Free Report) last released its 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 company had revenue of $1.68 billion during the quarter, compared to analyst estimates 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 firm’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter last year, the business earned $0.80 earnings per share.
Institutional Investors Weigh In On O-I Glass
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of O-I Glass by 1.2% during the 1st 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. Dimensional Fund Advisors LP boosted its position in shares of O-I Glass by 8.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 7,093,723 shares of the industrial products company’s stock valued at $78,952,000 after acquiring an additional 573,300 shares during the last quarter. Levin Capital Strategies L.P. boosted its position in shares of O-I Glass by 25.0% during the 2nd quarter. Levin Capital Strategies L.P. now owns 3,511,413 shares of the industrial products company’s stock valued at $39,082,000 after acquiring an additional 703,308 shares during the last quarter. Private Management Group Inc. boosted its position in shares of O-I Glass by 20.8% during the 3rd quarter. Private Management Group Inc. now owns 3,025,731 shares of the industrial products company’s stock valued at $39,698,000 after acquiring an additional 520,452 shares during the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of O-I Glass during the 3rd quarter valued at about $32,350,000. 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.
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