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 1.550-1.650 for the period, compared to the consensus estimate of 1.470. The company issued revenue guidance of -.

Analysts Set New Price Targets

OI has been the topic of a number of recent research reports. Wells Fargo & Company reiterated a “mixed” rating on shares of O-I Glass in a research report on Monday, August 4th. UBS Group reissued a “buy” rating and set a $19.00 price target (up from $17.00) on shares of O-I Glass in a research note on Wednesday, July 9th. Truist Financial decreased their price target on shares of O-I Glass from $21.00 to $17.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Wall Street Zen downgraded shares of O-I Glass from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Zacks Research downgraded shares of O-I Glass from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, O-I Glass presently has a consensus rating of “Moderate Buy” and an average target price of $16.56.

O-I Glass Trading Up 0.6%

Shares of O-I Glass stock traded up $0.07 on Tuesday, hitting $11.83. The stock had a trading volume of 2,183,948 shares, compared to its average volume of 1,531,949. The company has a quick ratio of 0.77, a current ratio of 1.24 and a debt-to-equity ratio of 3.58. O-I Glass has a one year low of $9.23 and a one year high of $16.04. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of -7.17, a PEG ratio of 0.22 and a beta of 0.93. The stock’s 50-day simple moving average is $12.54 and its two-hundred day simple moving average is $13.26.

O-I Glass (NYSE:OI) last issued its earnings results on Wednesday, March 1st. The industrial products company reported $0.36 earnings per share (EPS) for the quarter. O-I Glass had a negative net margin of 3.95% and a positive return on equity of 13.70%. The firm had revenue of $1.59 billion for the quarter. As a group, sell-side analysts predict that O-I Glass will post 1.33 EPS for the current year.

Institutional Trading of O-I Glass

Several large investors have recently added to or reduced their stakes in OI. Royal Bank of Canada boosted its holdings in O-I Glass by 33.9% in 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 acquiring an additional 28,548 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of O-I Glass by 154.0% during the 1st 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of O-I Glass by 4.6% during the 1st 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 in the last quarter. United Services Automobile Association bought a new stake in shares of O-I Glass during the 1st quarter valued at $119,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of O-I Glass by 43.9% during the 1st 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 buying an additional 160,649 shares in 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.