Q1 Earnings Forecast for O-I Glass Issued By Zacks Research

O-I Glass, Inc. (NYSE:OI) – Equities research analysts at Zacks Research upped their Q1 2027 earnings per share estimates for shares of O-I Glass in a research report issued on Wednesday, September 30th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.24 for the quarter, up from their prior estimate of $0.20. Zacks Research has a “Hold” rating on the stock. The consensus estimate for O-I Glass’ current full-year earnings is $0.37 per share. Zacks Research also issued estimates for O-I Glass’ Q2 2027 earnings at $0.38 EPS, Q1 2028 earnings at $0.64 EPS, Q2 2028 earnings at $0.72 EPS, Q3 2028 earnings at $0.74 EPS and FY2028 earnings at $2.67 EPS.

OI has been the topic of several other research reports. Bank of America reaffirmed an “underperform” rating and issued a $11.00 price objective on shares of O-I Glass in a research note on Tuesday, July 14th. Truist Financial reduced their target price on shares of O-I Glass from $13.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Royal Bank Of Canada lowered shares of O-I Glass from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $10.00 to $8.00 in a research report on Thursday, August 13th. Citigroup raised O-I Glass from a “neutral” rating to a “buy” rating and upped their price target for the company from $8.00 to $9.00 in a report on Friday, August 21st. Finally, UBS Group cut their price objective on O-I Glass from $15.00 to $11.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, O-I Glass presently has a consensus rating of “Hold” and an average price target of $10.31.

O-I Glass Price Performance

Shares of NYSE OI opened at $5.61 on Friday. O-I Glass has a twelve month low of $5.51 and a twelve month high of $16.91. The company has a current ratio of 1.26, a quick ratio of 0.77 and a debt-to-equity ratio of 8.89. The firm has a 50-day moving average of $6.81 and a two-hundred day moving average of $8.58. The company has a market capitalization of $861.26 million, a price-to-earnings ratio of -0.75, a PEG ratio of 2.08 and a beta of 0.68.

O-I Glass (NYSE:OI) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.15). The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.68 billion. O-I Glass had a positive return on equity of 10.40% and a negative net margin of 18.13%.The firm’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.53 EPS.

Institutional Trading of O-I Glass

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in shares of O-I Glass in the second quarter worth $225,727,000. Dimensional Fund Advisors LP lifted its stake in shares of O-I Glass by 8.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 9,238,635 shares of the industrial products company’s stock valued at $97,094,000 after purchasing an additional 729,191 shares during the last quarter. Cooper Creek Partners Management LLC raised its holdings in O-I Glass by 73.8% during the first quarter. Cooper Creek Partners Management LLC now owns 7,006,293 shares of the industrial products company’s stock valued at $73,636,000 after buying an additional 2,975,181 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of O-I Glass by 32.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,246,337 shares of the industrial products company’s stock valued at $44,629,000 after acquiring an additional 1,030,705 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in O-I Glass by 15.6% during the first quarter. Bank of America Corp DE now owns 3,563,497 shares of the industrial products company’s stock worth $37,452,000 after purchasing an additional 479,608 shares during the period. 97.24% of the stock is currently owned by institutional investors and hedge funds.

O-I Glass News Roundup

Here are the key news stories impacting O-I Glass this week:

• Positive Sentiment: Zacks raised its FY2027 EPS forecast to $1.40 from $1.33, increased Q1 2027 estimates to $0.24 from $0.20, and lifted Q2 2027 estimates to $0.38 from $0.36. It also raised Q3 and Q4 2027 forecasts to $0.40 and $0.38, respectively. O-I Glass Stock Gets Higher EPS Forecast from Zacks Research
• Neutral Sentiment: Zacks kept its Hold rating on O-I Glass. The current-year consensus EPS estimate remains $0.37, offering limited evidence of an immediate earnings catalyst.
• Negative Sentiment: Zacks cut its FY2028 EPS forecast to $2.67 from $2.78. Estimates were also reduced for Q1 2028 to $0.64 from $0.68, Q2 2028 to $0.72 from $0.79, and Q3 2028 to $0.74 from $0.76. These reductions suggest analysts see softer longer-term profitability than previously expected.
• Negative Sentiment: O-I Glass remains financially pressured: its latest reported quarter missed EPS expectations, revenue declined year over year, and the company has a high debt-to-equity ratio of 8.89. Shares are trading well below their 50-day and 200-day moving averages and close to the one-year low, reinforcing investor concerns about leverage and earnings momentum.

About O-I Glass

O-I Glass, Inc (NYSE: OI) is a global manufacturer of glass packaging. The company produces glass bottles and jars for food, beverages, beer, wine, spirits, pharmaceuticals and other consumer products, serving brand owners and manufacturers that use glass containers for packaging.

The company operates glass-container manufacturing facilities and provides related design, engineering and packaging services. Its products are used across a range of markets and geographies, including North and South America, Europe and other international markets.