Owens-Illinois, Inc. is engaged in the manufacturing of glass containers. The Company's principal product lines are glass containers for the food and beverage industries. Its segments include Europe, North America, Latin America and Asia Pacific. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits and wine. It also produces glass packaging for a range of food items, soft drinks, teas, juices and pharmaceuticals. The Europe segment produces glass containers for the beer, wine, champagne, spirits and food markets. The North America segment has over 20 glass container manufacturing plants and over one distribution facility in the United States and Canada. The Latin America segment produces glass containers for beer, non-alcoholic beverages, spirits, flavored malt beverages, wine, food and pharmaceutical markets. The Asia Pacific segment primarily produces glass containers for the beer, wine, food and non-alcoholic beverage markets.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Packaging & Containers
- Sub-Industry: Metal & Glass Containers
- Exchange: NYSE
- Symbol: OI
- CUSIP: 69076840
- Previous Close: $19.65
- 50 Day Moving Average: $18.96
- 200 Day Moving Average: $18.40
- 52-Week Range: $162,354,000.00 - $12.65
- Trailing P/E Ratio: 15.25
- Foreward P/E Ratio: 7.41
- P/E Growth: 0.89
- Market Cap: $3.16B
- Outstanding Shares: 162,354,000
- Beta: 1.48
- Net Margins: 3.12%
- Return on Equity: 86.07%
- Return on Assets: 3.97%
Companies Related to Owens-Illinois:
- Debt-to-Equity Ratio: 14.14%
- Current Ratio: 1.09%
- Quick Ratio: 0.62%
What is Owens-Illinois' stock symbol?
Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."
Where is Owens-Illinois' stock going? Where will Owens-Illinois' stock price be in 2017?
10 brokerages have issued 12-month target prices for Owens-Illinois' stock. Their predictions range from $18.00 to $40.00. On average, they anticipate Owens-Illinois' stock price to reach $22.30 in the next year.
When will Owens-Illinois announce their earnings?
Owens-Illinois is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.
What are analysts saying about Owens-Illinois stock?
Here are some recent quotes from research analysts about Owens-Illinois stock:
- Jefferies Group LLC analysts commented, "While there are some headwinds from prices/cost in Europe in 1Q and Peso linked inflation in Mexico in 2017, mgmt. has done a good job ushering a turnaround and adding stability to the business. The stock has come under pressure on border tax concerns, but the impact seems more manageable and it's encouraging mgmt. thinks it could offset the headwind longer term." (2/7/2017)
According to Zacks Investment Research, "The company is projecting adjusted earnings per share for the fourth quarter in the range of $0.46 to $0.51, the midpoint of which reflects a 21% year-over-year growth. For 2016, Owens-Illinois is targeting 1% volume growth and a 100 basis points expansion in segment margins. The company expects earnings in the range of $2.27–$2.32, a 15% year-over-year growth at the midpoint. It will benefit from the Vitro's food and beverage business buyout. Further, successful joint venture with Constellation and asset optimization program in Europe will drive its results. The Owens-Illinois stock has outperformed the Zacks subindustry over the past one year. However, unfavorable foreign currency, impact of Brexit and a weak Brazilian economy remain headwinds. Owens-Illinois' estimates have gone down ahead of its earnings release." (1/24/2017)
Bank of America Corp analysts commented, "Q1 EPS of $0.60 was below DB at $0.61 and consensus at $0.62/share. Adj. EBIT of $100M compared to DB and consensus at $103M. Relative to our model, Global Packaging drove the miss (-$12M vs DBe), offset somewhat by US Packaging (+$4M) and better-than-expected corporate expense (+$5M). Management has trimmed guidance from $2.68 – $2.83 to $2.68 – $2.77/share due to the LatAm challenges. Despite the miss, management is maintaining its CFO guidance of $450 – $500M (WC benefit of $50 – $75M). We maintain our HOLD rating on shares of BMS due to valuation." (5/3/2016)
Who owns Owens-Illinois stock?
Owens-Illinois' stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (4.32%), Thrivent Financial for Lutherans (1.39%), Federated Investors Inc. PA (1.06%), Dimensional Fund Advisors LP (0.85%), Prudential PLC (0.61%) and AQR Capital Management LLC (0.50%). Company insiders that own Owens-Illinois stock include Albert P L Stroucken, Andres Alberto Lopez, Gordon Hardie, Hugh H Roberts, James W Baehren, Jan Bertsch, John Haudrich, John J Mcmackin Jr, Peter S Hellman, Sergio BO Galindo, Stephen P Bramlage Jr, Thomas L Young, Timothy M Connors and Vitaliano Torno.
Who sold Owens-Illinois stock? Who is selling Owens-Illinois stock?
Owens-Illinois' stock was sold by a variety of institutional investors in the last quarter, including Osterweis Capital Management Inc., Guggenheim Capital LLC, State Street Corp, FMR LLC, AQR Capital Management LLC, Denver Investment Advisors LLC, Dimensional Fund Advisors LP and Thrivent Financial for Lutherans. Company insiders that have sold Owens-Illinois stock in the last year include Albert P L Stroucken and John Haudrich.
Who bought Owens-Illinois stock? Who is buying Owens-Illinois stock?
Owens-Illinois' stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Employees Retirement System of Texas, Russell Investments Group Ltd., Oxford Asset Management, Two Sigma Investments LP, Prudential PLC, Martingale Asset Management L P and Systematic Financial Management LP. Company insiders that have bought Owens-Illinois stock in the last two years include Gordon Hardie, Hugh H Roberts, Jan Bertsch, John J Mcmackin Jr, Peter S Hellman, Thomas L Young and Timothy M Connors.
How do I buy Owens-Illinois stock?
Shares of Owens-Illinois can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Owens-Illinois stock cost?
One share of Owens-Illinois stock can currently be purchased for approximately $19.48.