O-I Glass (NYSE:OI) Releases FY 2025 Earnings Guidance

O-I Glass (NYSE:OI) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.200-1.500 for the period, compared to the consensus estimate of 1.460. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several research firms have issued reports on OI. Royal Bank of Canada cut their price target on O-I Glass from $18.00 to $16.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Wells Fargo & Company decreased their price objective on shares of O-I Glass from $18.00 to $16.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Barclays dropped 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 report on Thursday, October 31st. Bank of America raised their price target on O-I Glass from $14.00 to $15.00 and gave the company a “buy” rating in a report on Monday, January 6th. Finally, StockNews.com raised O-I Glass from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, O-I Glass currently has an average rating of “Moderate Buy” and a consensus target price of $15.38.

O-I Glass Price Performance

Shares of OI stock traded down $0.35 during trading hours on Thursday, hitting $11.72. The stock had a trading volume of 944,906 shares, compared to its average volume of 1,472,788. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.23 and a quick ratio of 0.77. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of -4.25 and a beta of 1.22. O-I Glass has a one year low of $9.85 and a one year high of $17.58. The stock’s 50-day moving average price is $11.08 and its two-hundred day moving average price is $11.96.

O-I Glass (NYSE:OI) last posted its earnings results on Tuesday, February 4th. The industrial products company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. O-I Glass had a negative net margin of 6.34% and a positive return on equity of 9.16%. Equities analysts forecast that O-I Glass will post 0.75 EPS for the current year.

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.