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
Stock Exchange NYSE
Industry Glass containers
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNYSE:OI
CUSIP69076840
Phone567-336-5000
Debt
Debt-to-Equity Ratio5.98
Current Ratio1.21
Quick Ratio0.76
Price-To-Earnings
Trailing P/E Ratio6.70
Forward P/E Ratio6.53
P/E Growth1.04
Sales & Book Value
Annual Sales$6.87 billion
Price / Sales0.41
Cash Flow$5.4709 per share
Price / Cash3.27
Book Value$5.69 per share
Price / Book3.14
Profitability
EPS (Most Recent Fiscal Year)$2.65
Net Income$180 million
Net Margins2.01%
Return on Equity45.52%
Return on Assets4.44%
Miscellaneous
Employees26,500
Outstanding Shares159,250,000
Market Cap$2.99 billion
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 announced that its board has approved a share repurchase program on Wednesday, February 7th 2018, which authorizes the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.
How were Owens-Illinois' earnings last quarter?
Owens-Illinois Inc (NYSE:OI) announced its earnings results on Monday, July, 23rd. The industrial products company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.74 by $0.03. The industrial products company earned $1.80 billion during the quarter, compared to analyst estimates of $1.81 billion. Owens-Illinois had a net margin of 2.01% and a return on equity of 45.52%. During the same period last year, the business earned $0.75 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 updated its FY18 earnings guidance on Monday, July, 23rd. The company provided EPS guidance of $2.75-2.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.75. Owens-Illinois also updated its Q3 guidance to approx $0.75 EPS.
What price target have analysts set for OI?
10 brokers have issued 1-year target prices for Owens-Illinois' shares. Their forecasts range from $20.00 to $27.00. On average, they anticipate Owens-Illinois' share price to reach $23.9889 in the next year. This suggests a possible upside of 34.1% from the stock's current price. View Analyst Price Targets for Owens-Illinois.
What is the consensus analysts' recommendation for Owens-Illinois?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens-Illinois in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Owens-Illinois.
What are Wall Street analysts saying about Owens-Illinois stock?
Here are some recent quotes from research analysts about Owens-Illinois stock:
- 1. According to Zacks Investment Research, "For third-quarter 2018, Owens-Illinois projects adjusted earnings per share to be around 75 cents, down 2.6% year over year. For 2018, the company guides EPS at $2.75-$2.85. Owens-Illinois' results are likely to be affected by the negative impact of foreign currency exchange rates. Further, continued decline of beer consumption in domestic market and high-debt levels remain concerns. The stock has underperformed the industry over the past year. Its estimates have gone down over the past 60 days." (9/25/2018)
- 2. KeyCorp analysts commented, "We are maintaining our 2018 adj. EPS estimate, though slightly reducing our 2019 estimate on below-the-line items." (4/24/2018)
Who are some of Owens-Illinois' key competitors?
Some companies that are related to Owens-Illinois include IDEX (IEX), Amcor Limited ADS (AMCRY), Packaging Corp Of America (PKG), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Zebra Technologies (ZBRA), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY), A. O. Smith (AOS), AB SKF (SKFRY), Allegion (ALLE), Nordson (NDSN), HD Supply (HDS), Graco (GGG) and Alstom (ALO).
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 (Age 61)
- Mr. Vitaliano Torno, Pres of O-I Europe (Age 59)
- Mr. Miguel I. Alvarez, Pres of O-I North America & Latin America (Age 53)
- Mr. John Reynolds, VP of Global Accounting
Who are Owens-Illinois' major shareholders?
Owens-Illinois' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Trinity Street Asset Management LLP (0.81%), Bank of Montreal Can (0.74%), Fruth Investment Management (0.02%), State of Alaska Department of Revenue (0.01%) and We Are One Seven LLC (0.01%). Company insiders that own Owens-Illinois stock include Moyano Giancarlo Currarino, Sergio BO Galindo and Timothy M Connors. View Institutional Ownership Trends for Owens-Illinois.
Which institutional investors are selling Owens-Illinois stock?
OI stock was sold by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP and Bank of Montreal Can. Company insiders that have sold Owens-Illinois company stock in the last year include Moyano Giancarlo Currarino and Timothy M Connors. View Insider Buying and Selling for Owens-Illinois.
Which institutional investors are buying Owens-Illinois stock?
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 $17.89.
How big of a company is Owens-Illinois?
Owens-Illinois has a market capitalization of $2.99 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.
What is Owens-Illinois' official website?
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 (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 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.
