NYSE:OI O-I Glass - OI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $22.21 -0.09 (-0.40%) (As of 02/8/2023 05:18 PM ET) Add Compare Share Share Today's Range$21.83▼$22.3450-Day Range$16.08▼$23.0552-Week Range$11.51▼$23.52Volume1.45 million shsAverage Volume1.53 million shsMarket Capitalization$3.45 billionP/E Ratio6.05Dividend YieldN/APrice Target$23.40 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability O-I Glass MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside5.5% Upside$23.40 Price TargetShort InterestHealthy1.80% of Float Sold ShortDividend StrengthN/ASustainability-4.94Upright™ Environmental ScoreNews Sentiment0.58Based on 42 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.77%From $2.59 to $2.57 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.1.90 out of 5 starsIndustrial Products Sector119th out of 176 stocksGlass Containers Industry2nd out of 3 stocks 2.3 Analyst's Opinion Consensus RatingO-I Glass has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.40, O-I Glass has a forecasted upside of 5.5% from its current price of $22.18.Amount of Analyst CoverageO-I Glass has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.80% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in O-I Glass has recently decreased by 21.43%, indicating that investor sentiment is improving 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 3.1 News and Social Media Coverage News SentimentO-I Glass has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 42 news articles for O-I Glass this week, compared to 4 articles on an average week.Search Interest23 people have searched for OI on MarketBeat in the last 30 days. This is an increase of 283% compared to the previous 30 days.MarketBeat Follows12 people have added O-I Glass to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 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 1.34% of the stock of O-I Glass is held by insiders.Percentage Held by Institutions93.60% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for O-I Glass are expected to decrease by -0.77% in the coming year, from $2.59 to $2.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of O-I Glass is 6.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.16.Price to Earnings Ratio vs. SectorThe P/E ratio of O-I Glass is 6.04, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.42.Price to Earnings Growth RatioO-I Glass has a PEG Ratio of 1.23. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioO-I Glass has a P/B Ratio of 2.25. 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. engages in manufacturing of glass products. It offers products to the food and beverage sectors. The firm operates through the following geographical segments: Americas, Europe, and Asia Pacific. The company was founded in 1929 and is headquartered in Perrysburg, OH.Read More 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 Stock News HeadlinesFebruary 8, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) PT Raised to $18.00February 7, 2023 | americanbankingnews.comAnalysts Issue Forecasts for O-I Glass, Inc.'s Q1 2023 Earnings (NYSE:OI)February 8, 2023 | Vector Vest (Ad)Free ebook: 3 Rules to Picking the Right StocksLearn the 6 greatest stock market myths – 3 rules to pick the right stocks – Powerful techniques to accurately value stocks – Insights on stock valuation and stock market cycles – Secrets revealed on how to successfully manage your portfolio and much more… February 6, 2023 | finance.yahoo.comO-I Sustainable Transformation Achieving Key RecognitionsFebruary 6, 2023 | finance.yahoo.comO-I Glass (OI) Is Up 22.15% in One Week: What You Should KnowFebruary 6, 2023 | nasdaq.comO-I Glass, Inc. (OI) Hits Fresh High: Is There Still Room to Run?February 6, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Price Target Raised to $25.00February 5, 2023 | americanbankingnews.comWells Fargo & Company Raises O-I Glass (NYSE:OI) Price Target to $27.00February 8, 2023 | Vector Vest (Ad)Free Stock Analysis Report: See the Right Way to Analyze StocksGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. February 5, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Price Target Raised to $27.00February 5, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Given New $15.00 Price Target at KeyCorpFebruary 5, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Price Target Raised to $26.00February 5, 2023 | americanbankingnews.comBrokers Issue Forecasts for O-I Glass, Inc.'s Q4 2023 Earnings (NYSE:OI)February 3, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Price Target Raised to $24.00 at Deutsche Bank AktiengesellschaftFebruary 3, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Upgraded to "Buy" at StockNews.comFebruary 2, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: O-I Glass (OI), Vale SA (VALE) and ChampionX (CHX)February 2, 2023 | markets.businessinsider.comTruist Securities Maintains Buy Rating for O-I Glass: Here's What You Need To KnowFebruary 2, 2023 | nasdaq.comEarnings Estimates Moving Higher for O-I Glass (OI): Time to Buy?February 2, 2023 | finance.yahoo.comO-I Glass, Inc. (NYSE:OI) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | msn.comO-I Glass rises after upgrade to Outperform at RBC CapitalFebruary 2, 2023 | markets.businessinsider.com5 Analysts Have This to Say About O-I GlassFebruary 2, 2023 | finance.yahoo.comO-I Glass' (NYSE:OI) 316% YoY earnings expansion surpassed the shareholder returns over the past yearFebruary 2, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Upgraded to Outperform at Royal Bank of CanadaFebruary 1, 2023 | markets.businessinsider.comO-I Glass (OI) Gets a Sell from KeyBancFebruary 1, 2023 | msn.comO-I Glass jumps after quarterly earnings beat estimatesFebruary 1, 2023 | nasdaq.comO-I Glass (OI) Just Overtook the 20-Day Moving AverageFebruary 1, 2023 | finance.yahoo.comO-I Glass (OI) Q4 Earnings & Revenues Beat Estimates, Rise Y/YSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings1/31/2023Today2/08/2023Next Earnings (Estimated)4/24/2023Fiscal 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$23.40 High Stock Price Forecast$34.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+5.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.67 Trailing P/E Ratio6.05 Forward P/E Ratio8.58 P/E Growth1.23Net Income$584 million Net Margins8.52% Pretax Margin11.74% Return on Equity27.42% Return on Assets4.13% Debt Debt-to-Equity Ratio2.86 Current Ratio1.10 Quick Ratio0.74 Sales & Book Value Annual Sales$6.86 billion Price / Sales0.50 Cash Flow$5.26 per share Price / Cash Flow4.22 Book Value$9.85 per share Price / Book2.25Miscellaneous Outstanding Shares155,140,000Free Float153,059,000Market Cap$3.45 billion OptionableOptionable Beta1.40 Key ExecutivesAndres Alberto LopezPresident, Chief Executive Officer & DirectorVitaliano TornoPresident-Business OperationsJohn A. HaudrichChief Financial Officer & Senior Vice PresidentGiancarlo CurrarinoChief Technical Operations Officer & Senior VPLudovic ValetteVice President-Technology & EngineeringKey CompetitorsGreifNYSE:GEFEnerSysNYSE:ENSHillenbrandNYSE:HITerexNYSE:TEXAlbany InternationalNYSE:AINView All CompetitorsInsiders & InstitutionsTexas Permanent School FundSold 7,662 shares on 2/7/2023Ownership: 0.067%Shell Asset Management Co.Sold 3,213 shares on 2/7/2023Ownership: 0.010%Envestnet Asset Management Inc.Bought 12,067 shares on 2/7/2023Ownership: 0.008%TD Asset Management IncBought 10,900 shares on 2/7/2023Ownership: 0.007%IFP Advisors IncBought 467 shares on 2/7/2023Ownership: 0.001%View All Institutional Transactions OI Stock - Frequently Asked Questions Should I buy or sell O-I Glass stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for O-I Glass in the last year. There are currently 2 sell ratings, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OI shares. View OI analyst ratings or view top-rated stocks. What is O-I Glass' stock price forecast for 2023? 10 Wall Street analysts have issued 12-month price objectives for O-I Glass' stock. Their OI share price forecasts range from $15.00 to $34.00. On average, they predict the company's stock price to reach $23.40 in the next twelve months. This suggests a possible upside of 5.4% 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 shares have increased by 34.0% and is now trading at $22.20. View the best growth stocks for 2023 here. Are investors shorting O-I Glass? O-I Glass saw a decline in short interest in January. As of January 15th, there was short interest totaling 2,750,000 shares, a decline of 21.4% from the December 31st total of 3,500,000 shares. Based on an average daily volume of 1,320,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.8% of the shares of the stock are short sold. View O-I Glass' Short Interest. When is O-I Glass' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023. View our OI earnings forecast. How were O-I Glass' earnings last quarter? O-I Glass, Inc. (NYSE:OI) released its quarterly earnings data on Tuesday, January, 31st. The industrial products company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.06. The industrial products company earned $1.70 billion during the quarter, compared to analyst estimates of $1.59 billion. O-I Glass had a trailing twelve-month return on equity of 27.42% and a net margin of 8.52%. The business's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.36 earnings per share. What guidance has O-I Glass issued on next quarter's earnings? O-I Glass updated its FY 2023 earnings guidance on Tuesday, January, 31st. The company provided earnings per share (EPS) guidance of -$2.50 for the period, compared to the consensus estimate of $2.28. 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 many different institutional and retail investors. Top institutional shareholders include Private Management Group Inc. (1.53%), Leeward Investments LLC MA (0.71%), New York State Common Retirement Fund (0.39%), Assenagon Asset Management S.A. (0.30%), Swiss National Bank (0.24%) and New York State Teachers Retirement System (0.17%). 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 $22.20. How much money does O-I Glass make? O-I Glass (NYSE:OI) has a market capitalization of $3.44 billion and generates $6.86 billion in revenue each year. The industrial products company earns $584 million in net income (profit) each year or $3.67 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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