O-I Glass (NYSE:OI - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $1.55 billion for the quarter. O-I Glass has set its FY 2025 guidance at 1.200-1.500 EPS.
O-I Glass (NYSE:OI - Get Free Report) last released its earnings results on Tuesday, February 4th. The industrial products company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.02. O-I Glass had a positive return on equity of 8.27% and a negative net margin of 1.62%. On average, analysts expect O-I Glass to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
O-I Glass Price Performance
Shares of NYSE:OI remained flat at $11.93 during trading on Friday. The stock had a trading volume of 1,412,030 shares, compared to its average volume of 1,610,872. The company has a market cap of $1.85 billion, a price-to-earnings ratio of -16.80, a price-to-earnings-growth ratio of 0.24 and a beta of 0.98. The company has a debt-to-equity ratio of 3.78, a current ratio of 1.15 and a quick ratio of 0.70. The firm's fifty day moving average price is $11.30 and its two-hundred day moving average price is $11.54. O-I Glass has a 1-year low of $9.23 and a 1-year high of $15.72.
Analyst Ratings Changes
A number of analysts recently weighed in on OI shares. Royal Bank of Canada restated an "outperform" rating and issued a $16.00 price target on shares of O-I Glass in a research note on Monday, March 17th. Bank of America lifted their price target on O-I Glass from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Monday, January 6th. Truist Financial decreased their price target on O-I Glass from $15.00 to $13.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Citigroup decreased their price target on O-I Glass from $12.00 to $11.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. Finally, Wells Fargo & Company decreased their price target on O-I Glass from $18.00 to $16.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $15.00.
Read Our Latest Stock Report on O-I Glass
O-I Glass Company Profile
(
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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.
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