O-I Glass (OI) Projected to Post Earnings on Tuesday

O-I Glass (NYSE:OI) is expected to be releasing its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect O-I Glass to post earnings of $0.40 per share and revenue of $1.70 billion for the quarter.

O-I Glass (NYSE:OI) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.22. The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.55 billion. O-I Glass had a negative net margin of 2.98% and a positive return on equity of 8.48%. O-I Glass’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 EPS. On average, analysts expect O-I Glass to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

O-I Glass Stock Performance

Shares of OI stock opened at $14.55 on Friday. The firm has a market capitalization of $2.25 billion, a PE ratio of -11.54, a price-to-earnings-growth ratio of 0.30 and a beta of 0.97. The firm has a fifty day simple moving average of $14.23 and a two-hundred day simple moving average of $12.49. The company has a current ratio of 1.24, a quick ratio of 0.73 and a debt-to-equity ratio of 3.83. O-I Glass has a 12 month low of $9.23 and a 12 month high of $16.04.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on OI. Bank of America restated a “neutral” rating and set a $17.00 price target (up previously from $15.00) on shares of O-I Glass in a research note on Wednesday, July 9th. BNP Paribas set a $18.00 target price on shares of O-I Glass in a research note on Wednesday, June 25th. Barclays upped their target price on shares of O-I Glass from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Friday, May 2nd. Truist Financial set a $21.00 target price on shares of O-I Glass and gave the stock a “buy” rating in a research note on Friday, July 11th. Finally, Wall Street Zen upgraded shares of O-I Glass from a “hold” rating to a “buy” rating in a research note on Sunday, June 29th. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, O-I Glass currently has an average rating of “Moderate Buy” and a consensus price target of $17.20.

Hedge Funds Weigh In On O-I Glass

Institutional investors have recently added to or reduced their stakes in the stock. United Services Automobile Association bought a new position in O-I Glass during the first quarter valued at about $119,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in O-I Glass by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,151 shares of the industrial products company’s stock valued at $1,057,000 after buying an additional 4,055 shares during the period. Royal Bank of Canada grew its position in O-I Glass by 33.9% during the first quarter. Royal Bank of Canada now owns 112,800 shares of the industrial products company’s stock valued at $1,294,000 after buying an additional 28,548 shares during the period. AQR Capital Management LLC grew its position in O-I Glass by 154.0% during the first quarter. AQR Capital Management LLC now owns 177,117 shares of the industrial products company’s stock valued at $1,993,000 after buying an additional 107,388 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in O-I Glass by 43.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 526,279 shares of the industrial products company’s stock valued at $6,036,000 after purchasing an additional 160,649 shares during the last quarter. Institutional investors 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.