NYSE:OI O-I Glass (OI) Stock Forecast, Price & News $17.19 -0.59 (-3.32%) (As of 09/22/2023 06:40 PM ET) Add Compare Share Share Today's Range$17.19▼$17.8850-Day Range$17.20▼$23.3652-Week Range$12.05▼$23.57Volume1.09 million shsAverage Volume1.10 million shsMarket Capitalization$2.67 billionP/E Ratio4.90Dividend YieldN/APrice Target$25.60 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability O-I Glass MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside48.9% Upside$25.60 Price TargetShort InterestHealthy1.54% of Float Sold ShortDividend StrengthN/ASustainability-4.94Upright™ Environmental ScoreNews Sentiment0.18Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth1.56%From $3.21 to $3.26 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.2.27 out of 5 starsIndustrial Products Sector97th out of 177 stocksGlass Containers Industry1st out of 1 stocks 3.2 Analyst's Opinion Consensus RatingO-I Glass has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.60, O-I Glass has a forecasted upside of 48.9% from its current price of $17.19.Amount of Analyst CoverageO-I Glass has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.54% 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 2.5, 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 7.27%, 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 2.3 News and Social Media Coverage News SentimentO-I Glass has a news sentiment score of 0.18. 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 0.73 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for O-I Glass this week, compared to 5 articles on an average week.MarketBeat Follows2 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 3.1 Earnings and Valuation Earnings GrowthEarnings for O-I Glass are expected to grow by 1.56% in the coming year, from $3.21 to $3.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of O-I Glass is 4.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.15.Price to Earnings Ratio vs. SectorThe P/E ratio of O-I Glass is 4.90, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.05.Price to Earnings Growth RatioO-I Glass has a PEG Ratio of 0.36. 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 1.75. 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 (NYSE:OI) StockO-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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OI Stock News HeadlinesSeptember 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 25, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 22, 2023 | seekingalpha.comO-I Glass to close Waco, Texas glass container plant, affecting about 300 peopleSeptember 21, 2023 | msn.comO-I Glass to stop production in mid-October, close Waco facility on Dec. 1September 21, 2023 | americanbankingnews.comTraders Buy High Volume of O-I Glass Call Options (NYSE:OI)September 20, 2023 | msn.comWaco’s Owens-Illinois glass plant to closeSeptember 20, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And O-I Glass (NYSE:OI) Passed With EaseSeptember 25, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 15, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Lowered to Neutral at Credit Suisse GroupSeptember 14, 2023 | msn.comCredit Suisse Downgrades O-I Glass (OI)September 6, 2023 | finance.yahoo.comBull of the Day: OI Glass (OI)September 4, 2023 | finance.yahoo.comWall Street Analysts Think O-I Glass (OI) Could Surge 37.38%: Read This Before Placing a BetAugust 31, 2023 | finance.yahoo.comO-I Glass (OI) Down 0.6% Since Last Earnings Report: Can It Rebound?August 29, 2023 | finance.yahoo.comWhat Makes O-I Glass (OI) a New Strong Buy StockAugust 21, 2023 | finance.yahoo.comBoasting A 27% Return On Equity, Is O-I Glass, Inc. (NYSE:OI) A Top Quality Stock?August 10, 2023 | msn.comHere is Why Growth Investors Should Buy O-I Glass (OI) NowAugust 10, 2023 | seekingalpha.comO-I Glass: Navigating Challenges And Unlocking Growth In Glass Packaging IndustryAugust 7, 2023 | markets.businessinsider.comTruist Financial Sticks to Its Buy Rating for O-I Glass (OI)August 4, 2023 | msn.comRBC Capital Maintains O-I Glass (OI) Outperform RecommendationAugust 4, 2023 | markets.businessinsider.comO-I Glass (OI) Receives a Buy from Robert W. BairdAugust 3, 2023 | insidermonkey.comO-I Glass, Inc. (NYSE:OI) Q2 2023 Earnings Call TranscriptAugust 2, 2023 | seekingalpha.comO-I Glass, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 2, 2023 | finanznachrichten.deO-I Glass, Inc.: O-I Glass Reports Second Quarter 2023 ResultsAugust 2, 2023 | markets.businessinsider.comBank of America Securities Keeps Their Buy Rating on O-I Glass (OI)August 1, 2023 | markets.businessinsider.comO-I Glass, Inc. Q2 Profit Decreases, but beats estimatesAugust 1, 2023 | msn.comO-I Glass (OI) Q2 Earnings and Revenues Top EstimatesSee 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 OI Company Calendar Last Earnings8/01/2023Today9/25/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get 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 Forecast$25.60 High Stock Price Forecast$32.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+48.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$3.51 Trailing P/E Ratio4.90 Forward P/E Ratio5.36 P/E Growth0.36Net Income$584 million Net Margins7.88% Pretax Margin10.29% Return on Equity28.93% Return on Assets5.47% Debt Debt-to-Equity Ratio2.23 Current Ratio1.42 Quick Ratio0.94 Sales & Book Value Annual Sales$7.11 billion Price / Sales0.37 Cash Flow$5.36 per share Price / Cash Flow3.21 Book Value$9.85 per share Price / Book1.75Miscellaneous Outstanding Shares155,060,000Free Float153,416,000Market Cap$2.67 billion OptionableOptionable Beta1.37 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Andres Alberto Lopez (Age 60)CEO, Pres & Director Comp: $4.51MMr. John A. Haudrich (Age 55)Sr. VP & CFO Comp: $1.89MMr. Darrow A. Abrahams (Age 49)Sr. VP, Gen. Counsel & Corp. Sec. Comp: $1.17MMr. Arnaud Aujouannet (Age 53)Sr. VP and Chief Sales & Marketing Officer Comp: $1.1MMr. Vitaliano Torno (Age 64)Sr. VP of Global Bus. Operations & Pres of O-I Europe Comp: $2MMr. John ReynoldsVP of Global AccountingMr. Ludovic ValetteVP & CTOMr. Christopher David ManuelVP of Investor RelationsMr. Pablo VercelliVP of Global People & CultureMr. Timothy M. Connors (Age 48)Managing Director of Americas North More ExecutivesKey CompetitorsAlbany InternationalNYSE:AINESCO TechnologiesNYSE:ESEBradyNYSE:BRCEnPro IndustriesNYSE:NPOEncore WireNASDAQ:WIREView All CompetitorsInsiders & InstitutionsAlberta Investment Management CorpBought 96,480 shares on 8/24/2023Ownership: 0.103%Virginia Retirement Systems ET ALBought 16,900 shares on 8/22/2023Ownership: 0.011%California State Teachers Retirement SystemSold 5,489 shares on 8/21/2023Ownership: 0.123%Teachers Retirement System of The State of KentuckyBought 2,735 shares on 8/21/2023Ownership: 0.033%Osaic Holdings Inc.Sold 4,800 shares on 8/21/2023Ownership: 0.024%View All Insider TransactionsView All Institutional Transactions OI Stock - 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 twelve months. There are currently 2 sell ratings, 2 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 forecast for 2023? 9 Wall Street analysts have issued 1 year target prices for O-I Glass' stock. Their OI share price forecasts range from $15.00 to $32.00. On average, they predict the company's stock price to reach $25.60 in the next year. This suggests a possible upside of 48.9% 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 at the beginning of the year. Since then, OI stock has increased by 3.7% and is now trading at $17.19. 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, November 7th 2023. View our OI earnings forecast. How were O-I Glass' earnings last quarter? O-I Glass, Inc. (NYSE:OI) posted its earnings results on Tuesday, August, 1st. The industrial products company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.05. The industrial products company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.85 billion. O-I Glass had a trailing twelve-month return on equity of 28.93% and a net margin of 7.88%. The business's revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.73 EPS. 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). Is O-I Glass a good dividend stock? O-I Glass (NYSE:OI) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 5.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OI will have a dividend payout ratio of 6.13% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OI. What guidance has O-I Glass issued on next quarter's earnings? O-I Glass issued an update on its fourth quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $0.25-$0.35 for the period. The company issued revenue guidance of -. 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). What is O-I Glass' stock symbol? O-I Glass trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI." Who are O-I Glass' major shareholders? O-I Glass' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.50%), State Street Corp (3.71%), Dimensional Fund Advisors LP (3.35%), LSV Asset Management (2.12%), Geode Capital Management LLC (1.93%) and Great West Life Assurance Co. Can (1.92%). 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. What is O-I Glass' stock price today? One share of OI stock can currently be purchased for approximately $17.19. How much money does O-I Glass make? O-I Glass (NYSE:OI) has a market capitalization of $2.67 billion and generates $7.11 billion in revenue each year. The industrial products company earns $584 million in net income (profit) each year or $3.51 on an earnings per share basis. How many employees does O-I Glass have? The company employs 24,000 workers across the globe. How can I contact O-I Glass? O-I Glass' mailing address is ONE MICHAEL OWENS WAY, PERRYSBURG OH, 43551. The official website for the company is www.o-i.com. The industrial products company can be reached via phone at (567) 336-5000, via email at chris.manuel@o-i.com, or via fax at 419-247-7107. This page (NYSE:OI) was last updated on 9/25/2023 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. 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