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O-I Glass (OI)
NYSE:OI
Holding OI?
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OI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.85 - $17.58
Previous CloseN/A
Volume212.73K
Average Volume (3M)1.45M
Market Cap
$1.60B
Enterprise Value$6.65B
Total Cash (Recent Filing)$492.00M
Total Debt (Recent Filing)$5.13B
Price to Earnings (P/E)―
Beta1.39
Next Earnings
Feb 04, 2025EPS Estimate
-0.08Last Dividend Ex-Date
Feb 27, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-2.75
Shares Outstanding154,646,790
10 Day Avg. Volume1,296,500
30 Day Avg. Volume1,447,827
Standard Deviation0.13
R-Squared0.25
Alpha-0.00743
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.24
Price to Cash Flow (P/CF)2.10
P/FCF Ratio2.30
Enterprise Value/Market Cap4.16
Enterprise Value/Revenue1.00
Enterprise Value/Gross Profit4.45
Enterprise Value/Ebitda12.16
Forecast
1Y Price Target
$13.88Price Target Upside34.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
O-I Glass News
PremiumCompany Announcements
O-I Glass to Present at Citi 2024 Conference
PremiumCompany Announcements
O-I Glass: Navigating Challenges and Strategic Initiatives
Bulls Say, Bears Say
Bulls Say
Cost SavingsOI's efforts to target SG&A costs could yield up to $200MM in savings annually.
Leadership AdvantageOI's CEO, Gordon Hardie, has a deep understanding of the company's strengths and weaknesses, providing a first-mover advantage.
Operational EfficiencyOI's Fit-to-Win initiatives, including the installation of MAGMA Gen 1 smelters, are expected to deliver efficiency gains and lower capital intensity.
Bears Say
Cash Flow GuidanceThe realities of a non-linear turnaround will likely weigh on the shares—especially given the lowered free cash flow guidance.
Financial PerformanceHeadline EPS miss. Owens-Illinois reported diluted 3Q24 EPS of -$0.04—below consensus ($0.04) and versus $0.80 in 3Q23.
Market SentimentOverall consumer consumption patterns are declining, and wine and spirits producers are last to de-stock, leading to a choppy volume environment.
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Ownership Overview
2.04% Insiders
26.89% Mutual Funds
2.74% Other Institutional Investors
40.15% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OI FAQ
What was O-I Glass’s price range in the past 12 months?
O-I Glass lowest stock price was $9.85 and its highest was $17.58 in the past 12 months.
What is O-I Glass’s market cap?
O-I Glass’s market cap is $1.60B.
When is O-I Glass’s upcoming earnings report date?
O-I Glass’s upcoming earnings report date is Feb 04, 2025 which is in 17 days.
How were O-I Glass’s earnings last quarter?
O-I Glass released its earnings results on Oct 29, 2024. The company reported -$0.04 earnings per share for the quarter, missing the consensus estimate of $0.025 by -$0.065.
Is O-I Glass overvalued?
According to Wall Street analysts O-I Glass’s price is currently Undervalued.
Does O-I Glass pay dividends?
O-I Glass pays a Quarterly dividend of $0.05 which represents an annual dividend yield of N/A. See more information on O-I Glass dividends here
What is O-I Glass’s EPS estimate?
O-I Glass’s EPS estimate is -0.08.
How many shares outstanding does O-I Glass have?
O-I Glass has 154,646,790 shares outstanding.
What happened to O-I Glass’s price movement after its last earnings report?
O-I Glass reported an EPS of -$0.04 in its last earnings report, missing expectations of $0.025. Following the earnings report the stock price went down -7.154%.
Which hedge fund is a major shareholder of O-I Glass?
Among the largest hedge funds holding O-I Glass’s share is Moore Capital Management LP. It holds O-I Glass’s shares valued at 11M.
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O-I Glass Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$13.88 (34.24% Upside)
$13.88 (34.24% Upside)
Blogger Sentiment
Bearish
OI Sentiment 67%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 353.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $147.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.1%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.63%
12-Months-Change
Fundamentals
Return on Equity
-25.25%
Trailing 12-Months
Asset Growth
-3.73%
Trailing 12-Months
Company Description
O-I Glass
O-I Glass, Inc. manufactures glass products. The firm offers products to the food and beverage sectors. The company is headquartered in Perrysburg, OH.
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OI Company Deck
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OI Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a challenging quarter with significant financial setbacks, including an adjusted net loss and production curtailments. However, the company is optimistic about future recovery, with strategic programs like Fit to Win and MAGMA expected to drive long-term growth and profitability.Read More>---
OI Stock 12 Month Forecast
Average Price Target
$13.88
▲(34.24% Upside)
Technical Analysis
Crown Holdings
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Sonoco Products
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Myers Industries
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Best Analysts Covering OI
1 Year
1 Year Success Rate
11/28 ratings generated profit
1 Year Average Return
+5.74%
reiterated a buy rating 3 months ago
Copying Ghansham Panjabi's trades and holding each position for 1 Year would result in 39.29% of your transactions generating a profit, with an average return of +5.74% per trade.
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