What is Zacks Research's Estimate for O-I Glass Q1 Earnings?

O-I Glass, Inc. (NYSE:OI - Free Report) - Analysts at Zacks Research raised their Q1 2026 earnings estimates for O-I Glass in a research note issued to investors on Wednesday, July 16th. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $0.35 per share for the quarter, up from their previous estimate of $0.34. The consensus estimate for O-I Glass' current full-year earnings is $1.33 per share. Zacks Research also issued estimates for O-I Glass' Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.38 EPS, FY2026 earnings at $1.72 EPS and FY2027 earnings at $2.28 EPS.

O-I Glass (NYSE:OI - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.22. O-I Glass had a negative net margin of 2.98% and a positive return on equity of 8.48%. The firm had revenue of $1.57 billion during the quarter, compared to analysts' expectations of $1.55 billion. During the same quarter last year, the company posted $0.45 earnings per share. The company's revenue for the quarter was up .4% compared to the same quarter last year.

Several other analysts have also weighed in on the stock. BNP Paribas Exane started coverage on shares of O-I Glass in a research note on Wednesday, June 25th. They issued an "outperform" rating and a $18.00 price objective for the company. UBS Group reaffirmed a "buy" rating and set a $19.00 price objective (up from $17.00) on shares of O-I Glass in a report on Wednesday, July 9th. Bank of America reaffirmed a "neutral" rating and set a $17.00 price objective (up from $15.00) on shares of O-I Glass in a report on Wednesday, July 9th. Barclays increased their price target on shares of O-I Glass from $13.00 to $14.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Finally, Wall Street Zen upgraded shares of O-I Glass from a "hold" rating to a "buy" rating in a research report on Sunday, June 29th. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $17.20.

O-I Glass Price Performance

Shares of O-I Glass stock traded down $0.20 during midday trading on Friday, hitting $14.32. 1,135,667 shares of the company traded hands, compared to its average volume of 1,518,393. The firm's fifty day moving average price is $14.14 and its 200-day moving average price is $12.34. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.73 and a current ratio of 1.24. O-I Glass has a 12 month low of $9.23 and a 12 month high of $16.04. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of -11.37, a PEG ratio of 0.29 and a beta of 0.97.

Hedge Funds Weigh In On O-I Glass

A number of hedge funds have recently bought and sold shares of the business. Sei Investments Co. grew its stake in shares of O-I Glass by 112.8% during the 4th quarter. Sei Investments Co. now owns 93,174 shares of the industrial products company's stock valued at $1,010,000 after purchasing an additional 49,383 shares during the period. Principal Financial Group Inc. boosted its stake in O-I Glass by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 767,260 shares of the industrial products company's stock worth $8,800,000 after purchasing an additional 17,254 shares during the period. SG Americas Securities LLC raised its holdings in shares of O-I Glass by 117.7% during the 1st quarter. SG Americas Securities LLC now owns 45,766 shares of the industrial products company's stock worth $525,000 after acquiring an additional 24,743 shares in the last quarter. Northern Trust Corp raised its holdings in shares of O-I Glass by 8.5% during the 4th quarter. Northern Trust Corp now owns 1,738,277 shares of the industrial products company's stock worth $18,843,000 after acquiring an additional 135,989 shares in the last quarter. Finally, Amundi raised its holdings in O-I Glass by 212.9% during the 4th quarter. Amundi now owns 95,302 shares of the industrial products company's stock valued at $996,000 after buying an additional 64,844 shares during the period. Hedge funds and other institutional investors own 97.24% of the company's stock.

O-I Glass Company Profile

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.