Zacks Research Has Pessimistic View of O-I Glass Q1 Earnings

O-I Glass, Inc. (NYSE:OI) – Equities research analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of O-I Glass in a research note issued on Friday, March 13th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $0.22 per share for the quarter, down from their prior estimate of $0.26. Zacks Research currently has a “Strong Sell” rating on the stock. 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’ FY2026 earnings at $1.69 EPS, Q1 2027 earnings at $0.43 EPS, Q2 2027 earnings at $0.60 EPS and FY2027 earnings at $2.20 EPS.

O-I Glass (NYSE:OI) last issued its earnings results on Tuesday, February 10th. The industrial products company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.19 by $0.01. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.52 billion. O-I Glass had a positive return on equity of 18.07% and a negative net margin of 2.01%.The firm’s revenue was down 1.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.05) EPS.

OI has been the subject of a number of other reports. UBS Group restated a “buy” rating and issued a $21.00 price objective on shares of O-I Glass in a research report on Thursday, February 12th. Robert W. Baird set a $20.00 target price on shares of O-I Glass in a report on Thursday, February 12th. Truist Financial increased their target price on shares of O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Royal Bank Of Canada cut their price target on shares of O-I Glass from $19.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Finally, Wall Street Zen cut shares of O-I Glass from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $18.11.

O-I Glass Trading Down 3.3%

Shares of OI opened at $10.62 on Monday. O-I Glass has a twelve month low of $9.23 and a twelve month high of $16.91. The stock has a market cap of $1.62 billion, a PE ratio of -12.64, a P/E/G ratio of 0.50 and a beta of 0.82. The company has a quick ratio of 0.77, a current ratio of 1.25 and a debt-to-equity ratio of 3.35. The business’s 50-day moving average price is $14.59 and its 200-day moving average price is $13.69.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of OI. Farther Finance Advisors LLC raised its stake in O-I Glass by 87.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 830 shares in the last quarter. Headlands Technologies LLC purchased a new position in O-I Glass in the 2nd quarter worth approximately $29,000. Quarry LP bought a new position in shares of O-I Glass in the 4th quarter worth $32,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of O-I Glass by 36,533.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,198 shares of the industrial products company’s stock worth $32,000 after buying an additional 2,192 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of O-I Glass by 64.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock valued at $35,000 after buying an additional 918 shares in the last quarter. 97.24% of the stock is currently owned by institutional investors.

About O-I Glass

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.