About Owens-Illinois (NYSE:OI)
Owens-Illinois, Inc. is a manufacturer of glass container products. The Company's principal product lines are glass containers for the food and beverage industries. The Company's segments include Europe, North America, Latin America and Asia Pacific. The Company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits and wine. The Company also produces glass packaging for a range of food items, soft drinks, teas, juices and pharmaceuticals. The Company manufactures glass containers in a range of sizes, shapes and colors. The Company also provides engineering support for its glass manufacturing operations through facilities located in the United States, Australia, France, Poland, Colombia and Peru. As of December 31, 2016, the Company had 79 glass manufacturing plants in 23 countries. The Company has a distribution facility used to import glass containers from its business in Mexico.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Glass Containers & Packaging
- Sub-Industry: Metal & Glass Containers
- Symbol: NYSE:OI
- CUSIP: 69076840
- Web: www.o-i.com
- Market Cap: $4.09 billion
- Outstanding Shares: 162,875,000
- 50 Day Moving Avg: $24.92
- 200 Day Moving Avg: $23.39
- 52 Week Range: $16.89 - $25.90
Sales & Book Value:
- Trailing P/E Ratio: 18.54
- Foreward P/E Ratio: 8.94
- P/E Growth: 1.08
- Annual Revenue: $6.72 billion
- Price / Sales: 0.61
- Book Value: $4.11 per share
- Price / Book: 6.11
- EBITDA: $1.06 billion
- Net Margins: 3.36%
- Return on Equity: 72.15%
- Return on Assets: 4.33%
- Debt-to-Equity Ratio: 7.02%
- Current Ratio: 1.27%
- Quick Ratio: 0.75%
- Average Volume: 1.22 million shs.
- Beta: 1.49
- Short Ratio: 4.6
Frequently Asked Questions for Owens-Illinois (NYSE:OI)
What is Owens-Illinois' stock symbol?
Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."
How were Owens-Illinois' earnings last quarter?
Owens-Illinois, Inc. (NYSE:OI) issued its earnings results on Tuesday, October, 24th. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.04. The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. Owens-Illinois had a return on equity of 72.15% and a net margin of 3.36%. The business's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 earnings per share. View Owens-Illinois' Earnings History.
What guidance has Owens-Illinois issued on next quarter's earnings?
Owens-Illinois issued an update on its FY17 earnings guidance on Monday, October, 23rd. The company provided EPS guidance of $2.60-2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.62.
Where is Owens-Illinois' stock going? Where will Owens-Illinois' stock price be in 2017?
8 brokers have issued 12 month price targets for Owens-Illinois' shares. Their predictions range from $24.00 to $28.00. On average, they expect Owens-Illinois' stock price to reach $25.63 in the next twelve months. View Analyst Ratings for Owens-Illinois.
What are analysts saying about Owens-Illinois stock?
Here are some recent quotes from research analysts about Owens-Illinois stock:
- 1. According to Zacks Investment Research, "Owens-Illinois projects adjusted third-quarter earnings per share (EPS) to lie between 70 cents and 75 cents. The mid-point of the range reflects a year-over-year growth of 6.6%. However, higher corporate and restructuring costs, higher taxes will impact earnings in the next quarter. The mid point of the EPS guidance of $2.55-$2.65 for 2017 reflects a year–over-year growth of 12.6%. However, high debt levels and interest expenses remain a concern. Also pressure of competition from manufacturers of alternative forms of packaging, such as aluminum cans and plastic containers, persists." (10/3/2017)
- 2. 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)
Who are some of Owens-Illinois' key competitors?
Some companies that are related to Owens-Illinois include BPC Acquisition Corp (BERY), Nordson Corporation (NDSN), Graco (GGG), HD Supply Holdings (HDS), The Middleby Corporation (MIDD), Hubbell (HUBB), Lincoln Electric Holdings (LECO), Donaldson Company (DCI), Zebra Technologies Corporation (ZBRA), Flowserve Corporation (FLS), G4S (GFSZY), AGCO Corporation (AGCO), AptarGroup (ATR), Reliance Steel & Aluminum Co. (RS), Metso Oyj (MXCYY), Colfax Corporation (CFX), Sonoco Products Company (SON) and Ardagh Group S.A. (ARD).
Who are Owens-Illinois' key executives?
Owens-Illinois' management team includes the folowing people:
- Andres A. Lopez, President, Chief Executive Officer, Director
- Jan A. Bertsch, Chief Financial Officer, Senior Vice President
- Miguel Alvarez, President, Latin America
- Timothy M. Connors, President , Asia Pacific
- Sergio B. O Galindo, President, North America
- Vitaliano Torno, President, Europe
- Paul A. Jarrell, Senior Vice President, Chief Administrative Officer
- MaryBeth Wilkinson, Senior Vice President, General Counsel
- James W. Baehren, Senior Vice President-Corporate Development and Special Advisor, the Chief Executive Office
- John A. Haudrich, Senior Vice President and Chief Strategy and Integration Officer
Who owns Owens-Illinois stock?
Owens-Illinois' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Treasurer State of Michigan (0.04%), Eqis Capital Management Inc. (0.02%), Shell Asset Management Co. (0.02%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Owens-Illinois stock include Albert P L Stroucken, Gordon Hardie, Hugh H Roberts, Jan Bertsch, John Haudrich, Moyano Giancarlo Currarino, Peter S Hellman, Sergio BO Galindo, Timothy M Connors and Vitaliano Torno. View Institutional Ownership Trends for Owens-Illinois.
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 Meeder Asset Management Inc. and State Treasurer State of Michigan. Company insiders that have sold Owens-Illinois stock in the last year include Moyano Giancarlo Currarino and Sergio BO Galindo. View Insider Buying and Selling for Owens-Illinois.
Who bought Owens-Illinois stock? Who is buying Owens-Illinois stock?
Owens-Illinois' stock was purchased by a variety of institutional investors in the last quarter, including Shell Asset Management Co. and Eqis Capital Management Inc.. Company insiders that have bought Owens-Illinois stock in the last two years include Gordon Hardie, Hugh H Roberts, Jan Bertsch, Peter S Hellman and Timothy M Connors. View Insider Buying and Selling for Owens-Illinois.
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.
What is Owens-Illinois' stock price today?
MarketBeat Community Rating for Owens-Illinois (NYSE OI)MarketBeat's community ratings are surveys of what our community members think about Owens-Illinois and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Owens-Illinois stock can currently be purchased for approximately $25.13.
Consensus Ratings for Owens-Illinois (NYSE:OI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 6 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$25.63 (1.97% upside)|Consensus Price Target History for Owens-Illinois (NYSE:OI)
Analysts' Ratings History for Owens-Illinois (NYSE:OI)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Royal Bank Of Canada||Set Price Target||Hold||$27.00||N/A|
|10/12/2017||Robert W. Baird||Reiterated Rating||Hold||$25.00||N/A|
|8/27/2017||BMO Capital Markets||Reiterated Rating||Hold||$25.00||Low|
|8/7/2017||Barclays PLC||Boost Price Target||Equal Weight||$22.00 -> $25.00||Low|
|8/2/2017||Jefferies Group LLC||Reiterated Rating||Hold||$26.00 -> $27.00||Low|
|4/29/2017||Deutsche Bank AG||Reiterated Rating||Hold||$20.00 -> $24.00||Low|
|4/14/2017||Citigroup Inc.||Lower Price Target||Underweight||$28.00 -> $24.00||N/A|
|2/16/2017||Credit Suisse Group||Set Price Target||Buy||$28.00||N/A|
|8/13/2016||Morgan Stanley||Reiterated Rating||Equal Weight||$40.00||N/A|
|6/1/2016||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Sell||$18.00||N/A|
|5/3/2016||J P Morgan Chase & Co||Boost Price Target||Neutral||$18.00 -> $20.00||N/A|
|5/3/2016||Bank of America Corporation||Reiterated Rating||Buy||$19.00||N/A|
Earnings History for Owens-Illinois (NYSE:OI)Earnings History by Quarter for Owens-Illinois (NYSE OI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/24/2017||Q3 2017||$0.73||$0.77||$1.77 billion||$1.80 billion||View||N/A|
|7/31/2017||Q2 2017||$0.67||$0.75||$1.77 billion||$1.75 billion||View||N/A|
|4/24/2017||Q1 2017||$0.53||$0.58||$1.58 billion||$1.60 billion||View||N/A|
|2/1/2017||Q4 2016||$0.47||$0.50||$1.64 billion||$1.60 billion||View||Listen|
|10/25/2016||Q3||$0.67||$0.68||$1.73 billion||$1.71 billion||View||Listen|
|7/27/2016||Q2||$0.63||$0.65||$1.73 billion||$1.76 billion||View||Listen|
|5/2/2016||Q1||$0.40||$0.48||$1.54 billion||$1.59 billion||View||Listen|
|2/8/2016||Q4||$0.40||$0.40||$1.62 billion||$1.63 billion||View||Listen|
|10/27/2015||Q3||$0.55||$0.57||$1.56 billion||$1.60 billion||View||Listen|
|7/29/2015||Q2||$0.58||$0.60||$1.54 billion||$1.54 billion||View||Listen|
|4/28/2015||Q115||$0.42||$0.44||$1.43 billion||$1.40 billion||View||Listen|
|2/2/2015||Q414||$0.46||$0.46||$1.65 billion||$1.60 billion||View||Listen|
|10/28/2014||Q314||$0.74||$0.75||$1.77 billion||$1.75 billion||View||Listen|
|7/30/2014||Q214||$0.82||$0.80||$1.79 billion||$1.80 billion||View||Listen|
|4/29/2014||Q1||$0.61||$0.62||$1.62 billion||$1.60 billion||View||Listen|
|1/29/2014||Q4||$0.53||$0.51||$1.78 billion||$1.76 billion||View||Listen|
|10/31/2013||Q313||$0.77||$0.79||$1.76 billion||$1.78 billion||View||Listen|
|7/24/2013||Q2 2013||$0.80||$0.81||$1.81 billion||$1.78 billion||View||Listen|
|4/23/2013||Q1 2013||$0.57||$0.60||$1.71 billion||$1.64 billion||View||Listen|
|1/30/2013||Q4 2012||$0.37||$0.40||$1.75 billion||$1.75 billion||View||Listen|
Earnings Estimates for Owens-Illinois (NYSE:OI)
2017 EPS Consensus Estimate: $2.52
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Owens-Illinois (NYSE:OI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Owens-Illinois (NYSE:OI)
Insider Ownership Percentage: 1.50%Insider Trades by Quarter for Owens-Illinois (NYSE:OI)
Institutional Ownership Percentage: 95.06%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/8/2017||Moyano Giancarlo Currarino||SVP||Sell||1,360||$23.97||$32,599.20|| |
|9/1/2017||Sergio B.O. Galindo||Insider||Sell||5,477||$24.93||$136,541.61|| |
|6/15/2016||Gordon Hardie||Director||Buy||3,400||$18.65||$63,410.00|| |
|3/7/2016||Albert P L Stroucken||Chairman||Sell||56,148||$14.94||$838,851.12|| |
|3/4/2016||John Haudrich||Insider||Sell||7,294||$15.36||$112,035.84|| |
|3/1/2016||Albert P L Stroucken||Chairman||Sell||179,215||$14.47||$2,593,241.05|| |
|2/29/2016||Albert P L Stroucken||Chairman||Sell||205,400||$15.05||$3,091,270.00|| |
|2/29/2016||Timothy M Connors||Insider||Buy||1,500||$15.17||$22,755.00|| |
|2/24/2016||Hugh H Roberts||Director||Buy||2,500||$14.88||$37,200.00|| |
|2/18/2016||Jan Bertsch||CFO||Buy||10,000||$14.17||$141,700.00|| |
|2/16/2016||Vitaliano Torno||insider||Sell||3,673||$13.15||$48,299.95|| |
|2/11/2016||Peter S Hellman||Director||Buy||5,000||$13.24||$66,200.00|| |
|9/11/2015||John J Mcmackin Jr||Director||Buy||3,000||$20.04||$60,120.00|| |
|6/15/2015||Sergio B.O. Galindo||Insider||Sell||5,236||$24.06||$125,978.16|| |
|3/9/2015||Andres Alberto Lopez||COO||Sell||4,276||$23.80||$101,768.80|| |
|3/9/2015||James W Baehren||VP||Sell||19,616||$23.80||$466,860.80|| |
|3/9/2015||Stephen P Bramlage Jr||CFO||Sell||10,792||$23.80||$256,849.60|| |
|2/20/2015||Thomas L Young||Director||Buy||1,000||$26.08||$26,080.00|| |
|7/11/2014||Weert Arnaud Njm De||VP||Sell||5,491||$34.19||$187,737.29|| |
|5/5/2014||Andres Alberto Lopez||VP||Sell||30,864||$31.58||$974,685.12|| |
|5/2/2014||Gary Colter||Director||Sell||3,500||$32.06||$112,210.00|| |
|3/10/2014||James Baehren||VP||Sell||16,268||$33.44||$544,001.92|| |
|3/10/2014||Stephen Bramlage, Jr.||CFO||Sell||19,396||$33.47||$649,184.12|| |
|11/26/2013||Andres Alberto Lopez||VP||Sell||9,932||$33.17||$329,444.44|| |
|11/4/2013||Stephen Bramlage, Jr.||CFO||Sell||4,613||$31.64||$145,955.32|| |
|7/29/2013||James W Baehren||VP||Sell||58,269||$29.14||$1,697,958.66|| |
|2/20/2013||Thomas L Young||Director||Buy||1,500||$26.51||$39,765.00|| |
|2/19/2013||Gary F Colter||Director||Buy||4,000||$26.60||$106,400.00|| |
Headline Trends for Owens-Illinois (NYSE:OI)
Latest Headlines for Owens-Illinois (NYSE:OI)
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Owens-Illinois (OI) Chart for Tuesday, October, 24, 2017