O-I Glass, Inc. (NYSE:OI – Free Report) – Research analysts at Zacks Research decreased their Q1 2025 earnings estimates for O-I Glass in a research report issued on Friday, November 15th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $0.18 per share for the quarter, down from their prior forecast of $0.19. The consensus estimate for O-I Glass’ current full-year earnings is $0.76 per share. Zacks Research also issued estimates for O-I Glass’ Q3 2025 earnings at $0.55 EPS, Q1 2026 earnings at $0.30 EPS, Q2 2026 earnings at $0.41 EPS, Q3 2026 earnings at $0.61 EPS and FY2026 earnings at $1.92 EPS.
OI has been the topic of several other reports. Robert W. Baird dropped their price objective on shares of O-I Glass from $22.00 to $18.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. StockNews.com raised shares of O-I Glass from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. Truist Financial reiterated a “buy” rating and set a $16.00 price objective (down previously from $17.00) on shares of O-I Glass in a research note on Thursday, August 1st. Royal Bank of Canada lowered their target price on O-I Glass from $18.00 to $16.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Finally, Bank of America upgraded O-I Glass from a “neutral” rating to a “buy” rating and lifted their price target for the company from $14.00 to $16.00 in a research report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, O-I Glass presently has an average rating of “Moderate Buy” and an average price target of $16.25.
O-I Glass Price Performance
Shares of NYSE OI opened at $12.15 on Monday. O-I Glass has a 52 week low of $10.08 and a 52 week high of $17.58. The business’s 50 day moving average price is $12.68 and its 200 day moving average price is $12.24. The company has a quick ratio of 0.77, a current ratio of 1.23 and a debt-to-equity ratio of 3.18. The firm has a market cap of $1.88 billion, a P/E ratio of -4.40 and a beta of 1.20.
O-I Glass (NYSE:OI – Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The industrial products company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.08). O-I Glass had a negative net margin of 6.34% and a positive return on equity of 9.16%. The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.76 billion. During the same quarter in the previous year, the firm posted $0.80 EPS. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year.
Institutional Trading of O-I Glass
Several institutional investors have recently bought and sold shares of OI. Harbor Capital Advisors Inc. purchased a new position in O-I Glass during the third quarter valued at $27,000. GAMMA Investing LLC lifted its stake in O-I Glass by 371.0% in the 3rd quarter. GAMMA Investing LLC now owns 2,402 shares of the industrial products company’s stock valued at $32,000 after buying an additional 1,892 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its holdings in O-I Glass by 1,337.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 2,875 shares of the industrial products company’s stock worth $32,000 after buying an additional 2,675 shares during the last quarter. Bessemer Group Inc. increased its stake in O-I Glass by 40.2% during the 1st quarter. Bessemer Group Inc. now owns 4,597 shares of the industrial products company’s stock worth $76,000 after buying an additional 1,318 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in shares of O-I Glass by 28.4% during the third quarter. Nisa Investment Advisors LLC now owns 5,136 shares of the industrial products company’s stock valued at $67,000 after acquiring an additional 1,136 shares during the last quarter. 97.24% of the stock is owned by institutional investors and hedge funds.
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.
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