About Owens-Illinois (NYSE:OI)
Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the Asia Pacific. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The company is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals. It offers glass containers in a range of sizes, shapes, and colors. The company sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. Owens-Illinois, Inc. was founded in 1903 and is headquartered in Perrysburg, Ohio.
Industry, Sector and Symbol
Industry Glass containers
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNYSE:OI
CUSIP69076840
Phone567-336-5000
Debt
Debt-to-Equity Ratio5.52%
Current Ratio1.06%
Quick Ratio0.61%
Price-To-Earnings
Trailing P/E Ratio8.16
Forward P/E Ratio7.70
P/E Growth1.37
Sales & Book Value
Annual Sales$6.87 billion
Price / Sales0.51
Cash Flow$5.7071 per share
Price / Cash3.79
Book Value$5.69 per share
Price / Book3.80
Profitability
EPS (Most Recent Fiscal Year)$2.65
Net Income$180 million
Net Margins2.65%
Return on Equity53.60%
Return on Assets4.48%
Miscellaneous
Employees26,500
Outstanding Shares163,110,000
Owens-Illinois (NYSE:OI) Frequently Asked Questions
What is Owens-Illinois' stock symbol?
Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."
How will Owens-Illinois' stock buyback program work?
Owens-Illinois declared that its board has approved a stock repurchase program on Wednesday, February 7th 2018, which permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its shares are undervalued.
How were Owens-Illinois' earnings last quarter?
Owens-Illinois (NYSE:OI) announced its quarterly earnings data on Tuesday, February, 6th. The industrial products company reported $0.55 EPS for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.01. The industrial products company had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.72 billion. Owens-Illinois had a return on equity of 53.60% and a net margin of 2.65%. The firm's revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 EPS. View Owens-Illinois' Earnings History.
When is Owens-Illinois' next earnings date?
What guidance has Owens-Illinois issued on next quarter's earnings?
Owens-Illinois issued an update on its FY18 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of $2.75-2.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.84.
What price target have analysts set for OI?
11 equities research analysts have issued 1-year price targets for Owens-Illinois' stock. Their predictions range from $23.00 to $30.00. On average, they anticipate Owens-Illinois' stock price to reach $26.10 in the next year. View Analyst Ratings for Owens-Illinois.
Who are some of Owens-Illinois' key competitors?
Some companies that are related to Owens-Illinois include Middleby (MIDD), ADT (ADT), NSK (NPSKY), Crown (CCK), Halma (HLMAF), Hubbell (HUBB), Reliance Steel & Aluminum (RS), CAE (CAE), PrairieSky Royalty (PSK), Smiths Group (SMIN), Flowserve (FLS), Lincoln Electric (LECO), Taylor Wimpey (TW), Donaldson (DCI), AptarGroup (ATR), G4S (GFSZY), Leonardo (LDO) and Kawasaki Heavy Industries (KWHIY).
Who are Owens-Illinois' key executives?
Owens-Illinois' management team includes the folowing people:
- Mr. Andres Alberto Lopez, CEO, Pres & Director (Age 55)
- Ms. Jan A. Bertsch, CFO, Sr. VP & Principal Accounting Officer (Age 61)
- Mr. James W. Baehren, Sr. VP of Corp. Devel. and Special Advisor to the Chief Exec. Officer (Age 67)
- Mr. Vitaliano Torno, Pres of O-I Europe (Age 59)
- Mr. Miguel I. Alvarez, Pres of O-I North America & Latin America (Age 53)
Has Owens-Illinois been receiving favorable news coverage?
Media coverage about OI stock has trended somewhat positive on Saturday, Accern reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Owens-Illinois earned a media sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the industrial products company an impact score of 45.09 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
How do I buy shares of Owens-Illinois?
Shares of OI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Owens-Illinois' stock price today?
One share of OI stock can currently be purchased for approximately $21.63.
How big of a company is Owens-Illinois?
Owens-Illinois has a market capitalization of $3.56 billion and generates $6.87 billion in revenue each year. The industrial products company earns $180 million in net income (profit) each year or $2.65 on an earnings per share basis. Owens-Illinois employs 26,500 workers across the globe.
How can I contact Owens-Illinois?
Owens-Illinois' mailing address is ONE MICHAEL OWENS WAY, PERRYSBURG OH, 43551. The industrial products company can be reached via phone at 567-336-5000 or via email at [email protected]
MarketBeat Community Rating for Owens-Illinois (OI)
MarketBeat's community ratings are surveys of what our community members think about Owens-Illinois and other stocks. Vote "Outperform" if you believe OI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OI will underperform the S&P 500 over the long term. You may vote once every thirty days.
Owens-Illinois (NYSE:OI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
11 Wall Street analysts have issued ratings and price targets for Owens-Illinois in the last 12 months. Their average twelve-month price target is $26.10, suggesting that the stock has a possible upside of 20.67%. The high price target for OI is $30.00 and the low price target for OI is $23.00. There are currently 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.18 | 2.08 | 2.09 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
9 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
9 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
8 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
7 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $26.10 | $25.9091 | $26.30 | $25.6667 |
| Price Target Upside: | 20.67% upside | 20.90% upside | 14.55% upside | 0.85% upside |
Owens-Illinois (NYSE:OI) Consensus Price Target History
Owens-Illinois (NYSE:OI) Analyst Ratings History
Show:
(Data available from 4/21/2016 forward)
Owens-Illinois (NYSE:OI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Owens-Illinois (NYSE OI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.70%
Institutional Ownership Percentage: 95.20%
Owens-Illinois (NYSE OI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/15/2018 | Moyano Giancarlo Currarino | SVP | Sell | 11,910 | $22.57 | $268,808.70 | 28,070 |  |
| 11/7/2017 | Timothy M Connors | Insider | Sell | 3,500 | $23.86 | $83,510.00 | 19,624 | |
| 9/8/2017 | Moyano Giancarlo Currarino | SVP | Sell | 1,360 | $23.97 | $32,599.20 | 23,954 | |
| 9/1/2017 | Sergio B.O. Galindo | Insider | Sell | 5,477 | $24.93 | $136,541.61 | 34,890 | |
| 6/15/2016 | Gordon Hardie | Director | Buy | 3,400 | $18.65 | $63,410.00 | 12,699 | |
| 3/7/2016 | Albert P L Stroucken | Chairman | Sell | 56,148 | $14.94 | $838,851.12 | 186,488 | |
| 3/4/2016 | John Haudrich | Insider | Sell | 7,294 | $15.36 | $112,035.84 | 23,570 | |
| 3/1/2016 | Albert P L Stroucken | Chairman | Sell | 179,215 | $14.47 | $2,593,241.05 | 556,142 | |
| 2/29/2016 | Albert P L Stroucken | Chairman | Sell | 205,400 | $15.05 | $3,091,270.00 | 556,142 | |
| 2/29/2016 | Timothy M Connors | Insider | Buy | 1,500 | $15.17 | $22,755.00 | 4,010 | |
| 2/24/2016 | Hugh H Roberts | Director | Buy | 2,500 | $14.88 | $37,200.00 | 30,364 | |
| 2/18/2016 | Jan Bertsch | CFO | Buy | 10,000 | $14.17 | $141,700.00 | 157,212 | |
| 2/16/2016 | Vitaliano Torno | insider | Sell | 3,673 | $13.15 | $48,299.95 | 18,015 | |
| 2/11/2016 | Peter S Hellman | Director | Buy | 5,000 | $13.24 | $66,200.00 | 31,852 | |
| 9/11/2015 | John J Mcmackin Jr | Director | Buy | 3,000 | $20.04 | $60,120.00 | 47,323 | |
| 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 | 16,508 | |
| 5/2/2014 | Gary Colter | Director | Sell | 3,500 | $32.06 | $112,210.00 | 29,937 | |
| 3/10/2014 | James Baehren | VP | Sell | 16,268 | $33.44 | $544,001.92 | 62,119 | |
| 3/10/2014 | Stephen Bramlage, Jr. | CFO | Sell | 19,396 | $33.47 | $649,184.12 | 20,438 | |
| 11/26/2013 | Andres Alberto Lopez | VP | Sell | 9,932 | $33.17 | $329,444.44 | 28,458 | |
| 11/4/2013 | Stephen Bramlage, Jr. | CFO | Sell | 4,613 | $31.64 | $145,955.32 | 28,041 | |
| 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 | | |
(Data available from 1/1/2013 forward)
Owens-Illinois (NYSE OI) News Headlines
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Owens-Illinois (NYSE:OI) SEC Filings
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Owens-Illinois (NYSE:OI) Income Statement, Balance Sheet and Cash Flow Statement
Owens-Illinois (NYSE OI) Stock Chart for Saturday, April, 21, 2018
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