O-I Glass - OI Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for O-I Glass in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" OI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OI, but not buy additional shares or sell existing shares.
View OI analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 12-month target prices for O-I Glass' stock. Their OI share price forecasts range from $13.00 to $21.00. On average, they predict the company's stock price to reach $15.86 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts price targets for OI or view top-rated stocks among Wall Street analysts.

O-I Glass' stock was trading at $12.03 at the beginning of the year. Since then, OI stock has increased by 35.5% and is now trading at $16.30.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our OI earnings forecast.

O-I Glass, Inc. (NYSE:OI) posted its quarterly earnings data on Sunday, October, 24th. The industrial products company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.52 by $0.06. The industrial products company earned $1.61 billion during the quarter, compared to analysts' expectations of $1.62 billion. O-I Glass had a net margin of 9.09% and a trailing twelve-month return on equity of 31.30%. The firm's revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.41 EPS.

O-I Glass issued an update on its fourth quarter 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $0.28-$0.33 for the period, compared to the consensus earnings per share estimate of $0.30. The company issued revenue guidance of -.

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.

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).

O-I Glass trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."

O-I Glass' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (15.34%), Vanguard Group Inc. (12.63%), State Street Corp (3.77%), Great West Life Assurance Co. Can (3.47%), LSV Asset Management (2.48%) and Dimensional Fund Advisors LP (2.18%).
View institutional ownership trends.

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.

One share of OI stock can currently be purchased for approximately $16.30.

O-I Glass (NYSE:OI) has a market capitalization of $2.53 billion and generates $6.36 billion in revenue each year. The industrial products company earns $149 million in net income (profit) each year or $3.86 on an earnings per share basis.

The company employs 24,000 workers across the globe.

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.