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O-I Glass (OI)
NYSE:OI
O-I Glass (OI) Stock Price & Analysis
298 Followers
OI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.41 - $23.57
Previous Close$13.29
Volume2.96M
Average Volume (3M)1.58M
Market Cap
$2.07B
Enterprise Value$6.24B
Total Cash (Recent Filing)$913.00M
Total Debt (Recent Filing)$4.95B
Price to Earnings (P/E)-8.4
Beta1.38
Next Earnings
Jul 30, 2024EPS Estimate
$0.44Last Dividend Ex-Date
Feb 27, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-1.58
Shares Outstanding155,721,710
10 Day Avg. Volume1,526,626
30 Day Avg. Volume1,580,740
Standard Deviation0.14
R-Squared0.28
Alpha-0.00877
Financial Highlights & Ratios
Price to Book (P/B)-17.54
Price to Sales (P/S)1.25
Price to Cash Flow (P/CF)1.40
P/FCF Ratio2.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.88
Enterprise Value/Gross Profit4.17
Enterprise Value/Ebitda10.36
Forecast
1Y Price Target
$17.71Price Target Upside34.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
O-I Glass News
PremiumCompany Announcements
O-I Glass Boosts Private Notes Offering to €500 Million
PremiumCompany Announcements
O-I Glass Announces €400M Senior Notes Offering for Debt OptimizationPremiumCompany Announcements
O-I Glass Announces New Leadership and Share Buyback PlanBulls Say, Bears Say
Bulls Say
Earnings And Recovery OutlookO-I Glass's earnings outperformance, with a Q1 EPS above expectations, coupled with strong European operating profits, suggests a robust recovery trajectory and operating leverage as market volumes increase.
Market Leadership And InnovationO-I Glass, Inc. continues to lead the global glass container market, with innovations like MAGMA and ULTRA technologies set to enhance margins and free cash flow.
Operational And Financial ImprovementsAnalysts highlight O-I Glass's de-risked investment profile, with improvements in operational execution and balance sheet deleveraging laying the groundwork for future growth.
Bears Say
Guidance RevisionOverall EPS and EBITDA guidance for FY'24 has been lowered, reflecting the adjusted expectations for the year.
Management ChangesThe news of Mr. Lopez's retirement is a bit sooner than expected, which may lead to a transition period.
Volume DeclineSignificant volume decline reported, with a particularly notable decrease in the Americas segment.
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Ownership Overview
4.28% Insiders
35.17% Mutual Funds
46.15% Other Institutional Investors
14.41% 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 $12.40 and its highest was $23.57 in the past 12 months.
What is O-I Glass’s market cap?
Currently, no data Available
When is O-I Glass’s upcoming earnings report date?
O-I Glass’s upcoming earnings report date is Jul 30, 2024 which is in 70 days.
How were O-I Glass’s earnings last quarter?
O-I Glass released its earnings results on Apr 30, 2024. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.385 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 $0.44.
How many shares outstanding does O-I Glass have?
O-I Glass has 155,721,710 shares outstanding.
What happened to O-I Glass’s price movement after its last earnings report?
O-I Glass reported an EPS of $0.45 in its last earnings report, beating expectations of $0.385. Following the earnings report the stock price went down -15.909%.
Which hedge fund is a major shareholder of O-I Glass?
Among the largest hedge funds holding O-I Glass’s share is Nut Tree Capital Management, LP. It holds O-I Glass’s shares valued at 7M.
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O-I Glass Stock Smart Score
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$17.71 (34.68% Upside)
$17.71 (34.68% Upside)
Blogger Sentiment
Bullish
OI Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 28.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.8%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.12%
12-Months-Change
Fundamentals
Return on Equity
-13.72%
Trailing 12-Months
Asset Growth
-0.17%
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
Q1 2024
0:00 / 0:00
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OI Stock 12 Month Forecast
Average Price Target
$17.71
▲(34.68% Upside)
Technical Analysis
Best Analysts Covering OI
1 Year
1 Year Success Rate
12/26 ratings generated profit
1 Year Average Return
+10.79%
reiterated a buy rating 20 days ago
Copying Ghansham Panjabi's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of +10.79% per trade.
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