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

Key Points

• Zacks Research raised its Q1 2027 EPS estimate for O-I Glass to $0.24 from $0.20, while maintaining a “Hold” rating. Analysts’ consensus target price is $10.31.
• O-I Glass recently reported quarterly EPS of $0.09, missing the $0.24 consensus estimate, while revenue declined 2.2% year over year to $1.67 billion.
• The stock opened at $5.65 and is near its 12-month low of $5.51, with a market capitalization of approximately $869 million; institutional investors own 97.24% of shares.

O-I Glass, Inc. (NYSE:OI - Free Report) - Stock analysts at Zacks Research upped their Q1 2027 EPS estimates for O-I Glass in a research note issued on Wednesday, September 30th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $0.24 per share for the quarter, up from their prior estimate of $0.20. Zacks Research currently 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 subject of a number of other research reports. BNP Paribas Exane lowered shares of O-I Glass from an "outperform" rating to a "neutral" rating and set a $8.50 price objective for the company. in a report on Thursday, July 30th. Weiss Ratings downgraded shares of O-I Glass from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Wednesday, September 16th. Royal Bank Of Canada lowered shares of O-I Glass from an "outperform" rating to a "sector perform" rating and cut their price target for the stock from $10.00 to $8.00 in a report on Thursday, August 13th. Bank of America restated an "underperform" rating and issued a $11.00 price objective on shares of O-I Glass in a report on Tuesday, July 14th. Finally, Truist Financial lowered their target price on O-I Glass from $13.00 to $10.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, O-I Glass currently has a consensus rating of "Hold" and a consensus target price of $10.31.

O-I Glass Price Performance

O-I Glass stock opened at $5.65 on Friday. The stock has a 50-day moving average price of $6.88 and a two-hundred day moving average price of $8.60. O-I Glass has a 12 month low of $5.51 and a 12 month high of $16.91. The company has a market capitalization of $868.64 million, a PE ratio of -0.75, a P/E/G ratio of 2.10 and a beta of 0.68. The company has a current ratio of 1.26, a quick ratio of 0.77 and a debt-to-equity ratio of 8.89.

O-I Glass (NYSE:OI - Get Free Report) last announced its quarterly earnings results 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 negative net margin of 18.13% and a positive return on equity of 10.40%. The firm's revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 earnings per share.

Hedge Funds Weigh In On O-I Glass

Large investors have recently modified their holdings of the company. Optiver Holding B.V. grew its holdings in shares of O-I Glass by 491.5% during the first quarter. Optiver Holding B.V. now owns 2,496 shares of the industrial products company's stock valued at $26,000 after buying an additional 2,074 shares during the last quarter. Fiduciary Financial Advisors bought a new position in shares of O-I Glass during the second quarter valued at about $34,000. Global Retirement Partners LLC purchased a new position in O-I Glass during the fourth quarter worth about $67,000. Ieq Capital LLC bought a new stake in O-I Glass in the 2nd quarter worth about $106,000. Finally, EverSource Wealth Advisors LLC increased its stake in O-I Glass by 29.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 11,038 shares of the industrial products company's stock valued at $116,000 after buying an additional 2,495 shares during the last quarter. 97.24% of the stock is currently owned by institutional investors.

O-I Glass News Summary

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 its Q3 2027 estimate to $0.40 from $0.36, and lifted its Q4 2027 estimate to $0.38 from $0.37. These revisions suggest improved profitability expectations beyond the current year. O-I Glass Stock Gets Higher EPS Forecast from Zacks Research
• Positive Sentiment: Zacks also raised its FY2028 EPS forecast to $2.78 from $2.67, while increasing Q1 2028 EPS to $0.68 from $0.67 and Q2 2028 EPS to $0.79 from $0.75. The longer-term upgrades could support the stock if investors believe the company’s earnings recovery is achievable.
• Neutral Sentiment: Zacks maintained a “Hold” rating on O-I Glass. The unchanged rating indicates that, despite better long-term estimates, analysts do not yet see enough evidence to recommend buying the shares.
• Negative Sentiment: Near-term forecasts were reduced: FY2026 EPS fell to $0.21 from $0.26, Q3 2026 EPS to $0.03 from $0.07, Q4 2026 EPS to $0.03 from $0.05, Q1 2027 EPS to $0.20 from $0.24, and Q2 2027 EPS to $0.36 from $0.38. These cuts point to continued earnings pressure before the projected recovery.

About O-I Glass

O-I Glass, Inc NYSE: OI is a global manufacturer of glass packaging. The company produces bottles and jars primarily for the food, beverage, beer, wine, spirits, and nonalcoholic beverage industries, as well as containers for certain pharmaceutical and other consumer products.

O-I Glass provides packaging solutions that include container design, lightweighting, glass decoration, and related technical services. Its products are made from glass, a material that can be recycled repeatedly without loss of quality, supporting the company's focus on recyclable and more sustainable packaging.

The company traces its history to the Owens Bottle Company, founded in 1903, and later became known as Owens-Illinois before adopting the O-I Glass name.

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