Zacks Research Comments on O-I Glass’ Q3 Earnings (NYSE:OI)

O-I Glass, Inc. (NYSE:OI) – Investment analysts at Zacks Research lowered their Q3 2025 earnings estimates for O-I Glass in a research note issued on Tuesday, February 18th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $0.52 for the quarter, down from their prior estimate of $0.56. 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’ FY2025 earnings at $1.35 EPS.

O-I Glass (NYSE:OI) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported ($0.05) EPS 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%.

A number of other research analysts also recently commented on OI. Citigroup decreased their price objective 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. StockNews.com upgraded shares of O-I Glass from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Barclays cut their target price on shares of O-I Glass from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Thursday, October 31st. Wells Fargo & Company cut 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 note on Monday, January 6th. Finally, Bank of America raised their target price on shares of O-I Glass from $14.00 to $15.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, O-I Glass has a consensus rating of “Moderate Buy” and a consensus price target of $15.38.

O-I Glass Stock Performance

Shares of OI opened at $11.79 on Thursday. The firm has a 50-day moving average of $10.96 and a 200-day moving average of $11.95. O-I Glass has a one year low of $9.85 and a one year high of $17.58. The company has a market cap of $1.82 billion, a PE ratio of -16.60, a price-to-earnings-growth ratio of 0.24 and a beta of 1.22. The company has a debt-to-equity ratio of 3.78, a current ratio of 1.15 and a quick ratio of 0.70.

Institutional Trading of O-I Glass

Several hedge funds and other institutional investors have recently bought and sold shares of OI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in O-I Glass by 30.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 365,630 shares of the industrial products company’s stock valued at $3,963,000 after buying an additional 84,380 shares during the period. Two Sigma Investments LP increased its holdings in O-I Glass by 44.4% in the 4th quarter. Two Sigma Investments LP now owns 710,216 shares of the industrial products company’s stock valued at $7,699,000 after buying an additional 218,381 shares during the period. Point72 Asset Management L.P. bought a new position in O-I Glass in the 4th quarter valued at about $89,000. Point72 Hong Kong Ltd bought a new position in O-I Glass in the 4th quarter valued at about $106,000. Finally, ProShare Advisors LLC increased its holdings in O-I Glass by 44.4% in the 4th quarter. ProShare Advisors LLC now owns 46,680 shares of the industrial products company’s stock valued at $506,000 after buying an additional 14,346 shares during the period. 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.