O-I Glass Stock Price, News & Analysis (NYSE:OI) $15.68 +0.20 (+1.29%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$15.43▼$15.8550-Day Range$13.89▼$17.0552-Week Range$13.56▼$23.57Volume1.50 million shsAverage Volume1.24 million shsMarket Capitalization$2.43 billionP/E Ratio6.59Dividend YieldN/APrice Target$22.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability O-I Glass MarketRank™ Stock AnalysisAnalyst RatingHold2.44 Rating ScoreUpside/Downside46.0% Upside$22.90 Price TargetShort InterestHealthy2.95% of Float Sold ShortDividend StrengthN/ASustainability-4.94Upright™ Environmental ScoreNews Sentiment-0.09Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-7.00%From $3.00 to $2.79 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsIndustrial Products Sector102nd out of 168 stocksGlass Containers Industry1st out of 2 stocks 3.2 Analyst's Opinion Consensus RatingO-I Glass has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.90, O-I Glass has a forecasted upside of 46.0% from its current price of $15.69.Amount of Analyst CoverageO-I Glass has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.95% of the float of O-I Glass has been sold short.Short Interest Ratio / Days to CoverO-I Glass has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in O-I Glass has recently increased by 8.96%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldO-I Glass does not currently pay a dividend.Dividend GrowthO-I Glass does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreO-I Glass has received a -106.47% net impact score from Upright. The largest negative impact of Owens-Illinois in category "GHG emissions" seems to be driven mostly by its "Glass food packages", "Glass pharmaceuticals packages", and "Glass containers" products. See details.Environmental SustainabilityThe Environmental Impact score for O-I Glass is -4.94. Previous Next 1.6 News and Social Media Coverage News SentimentO-I Glass has a news sentiment score of -0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 5 news articles for O-I Glass this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for OI on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat Follows4 people have added O-I Glass to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, O-I Glass insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.06% of the stock of O-I Glass is held by insiders.Percentage Held by Institutions91.29% of the stock of O-I Glass is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for O-I Glass are expected to decrease by -7.00% in the coming year, from $3.00 to $2.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of O-I Glass is 6.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.38.Price to Earnings Ratio vs. SectorThe P/E ratio of O-I Glass is 6.59, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.56.Price to Earnings Growth RatioO-I Glass has a PEG Ratio of 0.62. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioO-I Glass has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About O-I Glass Stock (NYSE:OI)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. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was founded in 1903 and is headquartered in Perrysburg, Ohio.Read More OI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OI Stock News HeadlinesNovember 30, 2023 | msn.comO-I Glass (OI) Up 0.8% Since Last Earnings Report: Can It Continue?November 30, 2023 | finance.yahoo.comO-I Announces New Partnerships To Increase Post Consumer Glass Recycling in BrazilDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 28, 2023 | msn.comMolten glass leak prompts large emergency response at Madison County glass manufacturerNovember 28, 2023 | msn.comMolten glass leak prompts large emergency response at Lapel glass manufacturerNovember 17, 2023 | markets.businessinsider.comRBC Capital Sticks to Its Buy Rating for O-I Glass (OI)November 15, 2023 | finance.yahoo.comO-I Glass to Present at Citi’s 2023 Basic Materials ConferenceNovember 14, 2023 | finanznachrichten.deO-I Glass, Inc.: O-I Glass Presents Its 'Cento per Cento Sicilia' Bottles: Circular Economy Applied to Glass Production in SicilyDecember 5, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 14, 2023 | finance.yahoo.comO-I Glass Presents Its 'Cento per Cento Sicilia' Bottles: Circular Economy Applied to Glass Production in SicilyNovember 6, 2023 | finance.yahoo.comO-I Glass, Inc. (NYSE:OI) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | benzinga.comO-I Glass Stock (NYSE:OI), Analyst Ratings, Price Targets, PredictionsNovember 2, 2023 | markets.businessinsider.comBarclays Maintains Equal-Weight Rating for O-I Glass: Here's What You Need To KnowOctober 31, 2023 | markets.businessinsider.comO-I Glass, Inc. Q3 Profit Decreases, but beats estimatesOctober 31, 2023 | finance.yahoo.comO-I GLASS REPORTS THIRD QUARTER 2023 RESULTSOctober 30, 2023 | markets.businessinsider.comHere's what to expect from O-I Glass's earningsOctober 30, 2023 | benzinga.comO-I Glass Earnings PreviewOctober 23, 2023 | seekingalpha.comO-I Glass Could Be A Value TrapOctober 20, 2023 | msn.comWells Fargo Maintains O-I Glass (OI) Overweight RecommendationOctober 11, 2023 | msn.comBarclays Upgrades O-I Glass (OI)October 5, 2023 | msn.comLocal businesses prepare to hire new employees during in-Waco Job FairSeptember 28, 2023 | finance.yahoo.comO-I Glass Announces Third Quarter 2023 Earnings Conference Call and WebcastSeptember 27, 2023 | nasdaq.comTruist Securities Reiterates O-I Glass (OI) Buy RecommendationSeptember 25, 2023 | finance.yahoo.comDown -11.67% in 4 Weeks, Here's Why O-I Glass (OI) Looks Ripe for a TurnaroundSeptember 22, 2023 | finance.yahoo.comO-I Glass (OI): An Insightful Examination of Its Market ValueSeptember 22, 2023 | seekingalpha.comO-I Glass to close Waco, Texas glass container plant, affecting about 300 peopleSeptember 22, 2023 | seekingalpha.comO-I Glass to close Waco, Texas glass container plant, affecting about 300 peopleSee More Headlines Receive OI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for O-I Glass and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/31/2023Today12/04/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Glass containers Sub-IndustryMetal & Glass Containers SectorIndustrial Products Current SymbolNYSE:OI CUSIP69076840 CIK812074 Webwww.o-i.com Phone(567) 336-5000Fax419-247-7107Employees24,000Year FoundedN/APrice Target and Rating Average Stock Price Target$22.90 High Stock Price Target$32.00 Low Stock Price Target$15.00 Potential Upside/Downside+47.0%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.38 Trailing P/E Ratio6.55 Forward P/E Ratio5.19 P/E Growth0.62Net Income$584 million Net Margins5.31% Pretax Margin7.48% Return on Equity27.79% Return on Assets5.59% Debt Debt-to-Equity Ratio2.25 Current Ratio1.40 Quick Ratio0.87 Sales & Book Value Annual Sales$6.86 billion Price / Sales0.35 Cash Flow$5.39 per share Price / Cash Flow2.89 Book Value$9.85 per share Price / Book1.58Miscellaneous Outstanding Shares154,730,000Free Float153,087,000Market Cap$2.41 billion OptionableOptionable Beta1.30 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Andres Alberto Lopez (Age 60)CEO, President & Director Comp: $4.51MMr. John A. Haudrich (Age 55)Senior VP & CFO Comp: $1.89MMr. Darrow A. Abrahams (Age 49)Senior VP, General Counsel & Corporate Secretary Comp: $1.17MMr. Arnaud Aujouannet (Age 53)Senior VP and Chief Sales & Marketing Officer Comp: $1.1MMr. Vitaliano Torno (Age 64)Senior VP of Global Business Operations & President of O-I Europe Comp: $2MMr. John ReynoldsVice President of Global AccountingMr. Ludovic ValetteVP & CTOMr. Christopher David ManuelVice President of Investor RelationsMr. Pablo VercelliVice President of Global People & CultureMr. Timothy M. Connors (Age 48)Managing Director of Americas North More ExecutivesKey CompetitorsArdagh Metal PackagingNYSE:AMBPPlug PowerNASDAQ:PLUGLegalZoom.comNASDAQ:LZAlamo GroupNYSE:ALGResideo TechnologiesNYSE:REZIView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 121,495 shares on 11/30/2023Ownership: 1.081%Neo Ivy Capital ManagementBought 54,784 shares on 11/30/2023Ownership: 0.035%Deutsche Bank AGSold 117,122 shares on 11/24/2023Ownership: 0.052%Public Sector Pension Investment BoardSold 83,962 shares on 11/22/2023Ownership: 0.124%Walleye Trading LLCSold 5,400 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions OI Stock Analysis - Frequently Asked Questions Should I buy or sell O-I Glass stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for O-I Glass in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OI, but not buy additional shares or sell existing shares. View OI analyst ratings or view top-rated stocks. What is O-I Glass' stock price target for 2024? 9 Wall Street research analysts have issued twelve-month price targets for O-I Glass' shares. Their OI share price targets range from $15.00 to $32.00. On average, they anticipate the company's stock price to reach $22.90 in the next year. This suggests a possible upside of 46.0% from the stock's current price. View analysts price targets for OI or view top-rated stocks among Wall Street analysts. How have OI shares performed in 2023? O-I Glass' stock was trading at $16.57 on January 1st, 2023. Since then, OI stock has decreased by 5.3% and is now trading at $15.6850. View the best growth stocks for 2023 here. When is O-I Glass' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024. View our OI earnings forecast. How were O-I Glass' earnings last quarter? O-I Glass, Inc. (NYSE:OI) released its earnings results on Tuesday, October, 31st. The industrial products company reported $0.80 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.10. The industrial products company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.76 billion. O-I Glass had a trailing twelve-month return on equity of 27.79% and a net margin of 5.31%. The business's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.63 earnings per share. What ETFs hold O-I Glass' stock? ETFs with the largest weight of O-I Glass (NYSE:OI) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Quality ETF (XSHQ), Fidelity Small-Mid Cap Opportunities ETF (FSMO), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Principal US Small-Cap Adaptive Multi-Factor ETF (PLTL) and Avantis U.S. Small Cap Equity ETF (AVSC). What is Andres Lopez's approval rating as O-I Glass' CEO? 88 employees have rated O-I Glass Chief Executive Officer Andres Lopez on Glassdoor.com. Andres Lopez has an approval rating of 67% among the company's employees. What other stocks do shareholders of O-I Glass own? Based on aggregate information from My MarketBeat watchlists, some companies that other O-I Glass investors own include Intel (INTC), Bank of America (BAC), AT&T (T), General Electric (GE), Ford Motor (F), Cisco Systems (CSCO), Corning (GLW), General Motors (GM), Marathon Petroleum (MPC) and Exxon Mobil (XOM). Who are O-I Glass' major shareholders? O-I Glass' stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (11.11%), LSV Asset Management (2.09%), Morgan Stanley (1.94%), Ameriprise Financial Inc. (1.65%), Cooper Creek Partners Management LLC (1.42%) and Luminus Management LLC (1.38%). Insiders that own company stock include Arnaud Aujouannet and Vitaliano Torno. View institutional ownership trends. How do I buy shares of O-I Glass? Shares of OI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:OI) was last updated on 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding O-I Glass, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.