O-I Glass, Inc. (NYSE:OI – Free Report) – Zacks Research boosted their FY2025 earnings per share (EPS) estimates for O-I Glass in a research note issued on Tuesday, May 13th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $1.41 per share for the year, up from their prior forecast of $1.35. The consensus estimate for O-I Glass’ current full-year earnings is $1.33 per share. Zacks Research also issued estimates for O-I Glass’ Q4 2025 earnings at $0.14 EPS, Q2 2026 earnings at $0.39 EPS and Q1 2027 earnings at $0.63 EPS.
A number of other brokerages also recently issued reports on OI. Truist Financial reaffirmed a “buy” rating and set a $16.00 price target (up from $13.00) on shares of O-I Glass in a research report on Thursday, May 1st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $16.00 price target on shares of O-I Glass in a research report on Monday, March 17th. Citigroup upped their price target on O-I Glass from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Friday, May 9th. Finally, Barclays upped their price target on O-I Glass from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Friday, May 2nd. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $15.88.
O-I Glass Stock Down 2.7%
O-I Glass stock opened at $13.29 on Friday. The business has a fifty day moving average of $11.82 and a two-hundred day moving average of $11.60. The company has a quick ratio of 0.70, a current ratio of 1.15 and a debt-to-equity ratio of 3.78. The firm has a market cap of $2.06 billion, a P/E ratio of -18.72, a P/E/G ratio of 0.24 and a beta of 0.93. O-I Glass has a twelve month low of $9.23 and a twelve month high of $14.34.
O-I Glass (NYSE:OI – Get Free Report) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.22. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.55 billion. O-I Glass had a positive return on equity of 8.27% and a negative net margin of 1.62%. O-I Glass’s revenue was up .4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.45 earnings per share.
Institutional Investors Weigh In On O-I Glass
A number of large investors have recently made changes to their positions in OI. Barclays PLC boosted its holdings in O-I Glass by 349.3% in the third quarter. Barclays PLC now owns 261,161 shares of the industrial products company’s stock valued at $3,427,000 after purchasing an additional 203,037 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in O-I Glass by 111.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,401,400 shares of the industrial products company’s stock valued at $15,191,000 after purchasing an additional 737,123 shares during the last quarter. SG Americas Securities LLC boosted its holdings in O-I Glass by 27.5% in the fourth quarter. SG Americas Securities LLC now owns 21,023 shares of the industrial products company’s stock valued at $228,000 after purchasing an additional 4,528 shares during the last quarter. KBC Group NV boosted its holdings in O-I Glass by 42.5% in the fourth quarter. KBC Group NV now owns 7,740 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 2,309 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in O-I Glass in the fourth quarter valued at $45,000. 97.24% of the stock is owned by hedge funds and other institutional investors.
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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