NYSE:OI

O-I Glass (OI) Stock Price, News & Analysis

$12.58
-2.39 (-15.97%)
(As of 05/1/2024 ET)
Today's Range
$12.41
$13.65
50-Day Range
$14.57
$17.26
52-Week Range
$12.40
$23.57
Volume
9.08 million shs
Average Volume
1.75 million shs
Market Capitalization
$1.96 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.75

O-I Glass MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
72.9% Upside
$21.75 Price Target
Short Interest
Healthy
3.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.94
Upright™ Environmental Score
News Sentiment
0.65mentions of O-I Glass in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.45%
From $2.33 to $2.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.55 out of 5 stars

Industrial Products Sector

80th out of 154 stocks

Glass Containers Industry

1st out of 2 stocks

OI stock logo

About O-I Glass Stock (NYSE:OI)

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. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is based in Perrysburg, Ohio.

OI Stock Price History

OI Stock News Headlines

Trump just won 2024
President Trump signed an executive order that ensures he’ll be remembered as one of America’s greatest Presidents. It was an Executive Order that received almost no media attention…
O-I Glass, Inc. Profit Retreats In Q1, but beats estimates
O-I Glass: Q1 Earnings Snapshot
O-I GLASS REPORTS FIRST QUARTER 2024 RESULTS
O-I Glass (OI) Scheduled to Post Quarterly Earnings on Tuesday
Trump just won 2024
President Trump signed an executive order that ensures he’ll be remembered as one of America’s greatest Presidents. It was an Executive Order that received almost no media attention…
O-I Glass (NYSE:OI) Rating Reiterated by Bank of America
O-I Glass (NYSE:OI) Shares Gap Down to $15.42
O-I Makes Further Inroads Towards Decarbonization
O-I Glass Drinktainer Enters RTD Market
Investing in Glass Stocks
O-I Glass Appoints Hardie As CEO
Peering Into O-I Glass's Recent Short Interest
See More Headlines
Receive OI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for O-I Glass and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/30/2024
Today
5/01/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Glass containers
Sub-Industry
Metal & Glass Containers
CUSIP
69076840
Employees
23,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.75
High Stock Price Target
$32.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+73.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-103,000,000.00
Pretax Margin
0.94%

Debt

Sales & Book Value

Annual Sales
$7.11 billion
Cash Flow
$5.11 per share
Book Value
$11.27 per share

Miscellaneous

Free Float
153,366,000
Market Cap
$1.96 billion
Optionable
Optionable
Beta
1.35
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Andres Alberto Lopez (Age 61)
    CEO, President & Director
    Comp: $3.74M
  • Mr. John A. Haudrich (Age 56)
    Senior VP & CFO
    Comp: $1.6M
  • Mr. Darrow A. Abrahams (Age 50)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $1.14M
  • Mr. Arnaud Aujouannet (Age 54)
    Senior VP and Chief Sales & Marketing Officer
    Comp: $1.01M
  • Mr. Vitaliano Torno (Age 65)
    Senior VP of Global Business Operations & President of O-I Europe
    Comp: $1.88M
  • Mr. John Reynolds
    Vice President of Global Accounting
  • Mr. Ludovic Valette
    VP & CTO
  • Mr. Christopher David Manuel
    Vice President of Investor Relations
  • Mr. Pablo Vercelli
    Vice President of Global People & Culture
  • Mr. Timothy M. Connors (Age 49)
    Managing Director of Americas North

OI Stock Analysis - Frequently Asked Questions

Should I buy or sell O-I Glass stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for O-I Glass in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OI shares.
View OI analyst ratings
or view top-rated stocks.

What is O-I Glass' stock price target for 2024?

8 equities research analysts have issued 12 month price objectives for O-I Glass' stock. Their OI share price targets range from $16.00 to $32.00. On average, they anticipate the company's stock price to reach $21.75 in the next year. This suggests a possible upside of 72.9% from the stock's current price.
View analysts price targets for OI
or view top-rated stocks among Wall Street analysts.

How have OI shares performed in 2024?

O-I Glass' stock was trading at $16.38 at the start of the year. Since then, OI stock has decreased by 23.2% and is now trading at $12.58.
View the best growth stocks for 2024 here
.

When is O-I Glass' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our OI earnings forecast
.

How were O-I Glass' earnings last quarter?

O-I Glass, Inc. (NYSE:OI) released its quarterly earnings data on Tuesday, April, 30th. The industrial products company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.09. The industrial products company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.69 billion. O-I Glass had a negative net margin of 1.45% and a positive trailing twelve-month return on equity of 24.90%. The business's revenue was down 13.0% compared to the same quarter last year. During the same period last year, the business posted $1.29 EPS.

What guidance has O-I Glass issued on next quarter's earnings?

O-I Glass updated its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 1.500-2.000 for the period, compared to the consensus estimate of 2.380. The company issued revenue guidance of -.

What is Andres Lopez's approval rating as O-I Glass' CEO?

88 employees have rated O-I Glass Chief Executive Officer Andres Lopez on Glassdoor.com. Andres Lopez has an approval rating of 67% among the company's employees.

What other stocks do shareholders of O-I Glass own?

Based on aggregate information from My MarketBeat watchlists, some companies that other O-I Glass investors own include Intel (INTC), Bank of America (BAC), AT&T (T), General Electric (GE), Ford Motor (F), Cisco Systems (CSCO), Corning (GLW), General Motors (GM), Marathon Petroleum (MPC) and Exxon Mobil (XOM).

Who are O-I Glass' major shareholders?

O-I Glass' stock is owned by many different retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.70%), Principal Financial Group Inc. (0.52%), Leeward Investments LLC MA (0.40%), Thompson Investment Management Inc. (0.25%), tru Independence LLC (0.22%) and New York State Teachers Retirement System (0.15%). Insiders that own company stock include Arnaud Aujouannet and Vitaliano Torno.
View institutional ownership trends
.

How do I buy shares of O-I Glass?

Shares of OI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:OI) was last updated on 5/1/2024 by MarketBeat.com Staff

From Our Partners