Owens-Illinois Company Profile (NYSE:OI)

Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."

Owens-Illinois, Inc. (NYSE:OI) issued its quarterly earnings results on Monday, July, 31st. The company reported $0.75 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.08. The company earned $1.75 billion during the quarter, compared to the consensus estimate of $1.77 billion. Owens-Illinois had a net margin of 3.36% and a return on equity of 72.15%. Owens-Illinois's revenue was down .5% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 EPS. View Owens-Illinois' Earnings History.

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Owens-Illinois.

Owens-Illinois issued an update on its FY17 earnings guidance on Monday, July, 31st. The company provided earnings per share (EPS) guidance of $2.55-2.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.51.

7 brokers have issued 1-year target prices for Owens-Illinois' shares. Their predictions range from $20.00 to $28.00. On average, they expect Owens-Illinois' stock price to reach $24.57 in the next year. View Analyst Ratings for Owens-Illinois.

Here are some recent quotes from research analysts about Owens-Illinois stock:

• 1. According to Zacks Investment Research, "For the full year 2017, Owens-Illinois remains on track to achieve all of the company’s financial targets including volume growth, margin, adjusted earnings, cash flow and deleveraging. Its focus on simplifying the organization, elevating productivity, expanding customer relationships, strategic initiatives and reducing the structural cost will drive long-term growth. The company is also well positioned to benefit from acquisitions and joint ventures. The stock has outperformed the Zacks sub-industry year to date. However, Owens-Illinois’ results will be impacted by uncertainty in macroeconomic conditions, inflation and unfavorable foreign currency translation. In Europe, heightened competitive activity has been dragging down selling prices. " (6/27/2017)
• 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)

Some companies that are related to Owens-Illinois include Crown Holdings (CCK), BPC Acquisition Corp (BERY), Allegion PLC (ALLE), Nordson Corporation (NDSN), Alcoa Corp. (AA), The Middleby Corporation (MIDD), Graco (GGG), HD Supply Holdings (HDS), Hubbell (HUBB), Donaldson Company (DCI), Lincoln Electric Holdings (LECO), Zebra Technologies Corporation (ZBRA), AGCO Corporation (AGCO), AptarGroup (ATR), Reliance Steel & Aluminum Co. (RS), Flowserve Corporation (FLS), Metso Oyj (MXCYY) and Sonoco Products Company (SON).

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

Owens-Illinois' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.08%), BlackRock Inc. (9.31%), Great West Life Assurance Co. Can (4.88%), State Street Corp (4.18%), Sasco Capital Inc. CT (3.75%) and Wedge Capital Management L L P NC (2.85%). Company insiders that own Owens-Illinois stock include Albert P L Stroucken, Gordon Hardie, Hugh H Roberts, Jan Bertsch, John Haudrich, John J Mcmackin Jr, Peter S Hellman, Timothy M Connors and Vitaliano Torno. View Institutional Ownership Trends for Owens-Illinois.

Owens-Illinois' stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, State Street Corp, Edmond DE Rothschild Holding S.A., Bank of New York Mellon Corp, Schwab Charles Investment Management Inc., Sasco Capital Inc. CT, Prudential Financial Inc. and Clark Estates Inc. NY. View Insider Buying and Selling for Owens-Illinois.

Owens-Illinois' stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, LSV Asset Management, BlackRock Inc., PDT Partners LLC, FMR LLC, First Trust Advisors LP, Russell Investments Group Ltd. and AJO 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 and Timothy M Connors. View Insider Buying and Selling for Owens-Illinois.

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.

One share of Owens-Illinois stock can currently be purchased for approximately $23.90.