NYSE:OI Owens-Illinois Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Owens-Illinois Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $9.58 -0.06 (-0.62 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$9.38Now: $9.58▼$9.8850-Day Range$9.64MA: $11.33▼$12.0252-Week Range$4.30Now: $9.58▼$15.64Volume1.18 million shsAverage Volume2.29 million shsMarket Capitalization$1.50 billionP/E RatioN/ADividend YieldN/ABeta1.71 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in Americas, Europe, and 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.Read More Beat the Market (BTM) Rank™ 2.0 Analyst's Opinion Consensus RatingOwens-Illinois has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 5 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.91, Owens-Illinois has a forecasted upside of 13.9% from its current price of $9.58.Amount of Analyst CoverageOwens-Illinois has only been the subject of 4 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesOwens-Illinois has received 411 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOwens-Illinois has received 489 “underperform” votes. (Add your “underperform” vote.)Community SentimentOwens-Illinois has received 54.33% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldOwens-Illinois does not currently pay a dividend.Dividend GrowthOwens-Illinois does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Owens-Illinois insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $372,622.00 in company stock.Percentage Held by InsidersOnly 1.23% of the stock of Owens-Illinois is held by insiders.Percentage Held by Institutions94.54% of the stock of Owens-Illinois is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Owens-Illinois are expected to grow by 64.58% in the coming year, from $0.96 to $1.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Owens-Illinois is -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Owens-Illinois is -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioOwens-Illinois has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioOwens-Illinois has a P/B Ratio of 2.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.69 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Glass containers Sub-IndustryMetal & Glass Containers SectorIndustrial Products Current SymbolNYSE:OI Previous Symbol CUSIP69076840 CIK812074 Webwww.o-i.com Phone567-336-5000Debt Debt-to-Equity Ratio145.31 Current Ratio1.60 Quick Ratio1.06Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio9.98 P/E Growth0.82 Sales & Book Value Annual Sales$6.69 billion Price / Sales0.22 Cash Flow$7.60 per share Price / Cash Flow1.26 Book Value$3.62 per share Price / Book2.65Profitability EPS (Most Recent Fiscal Year)$2.24 Net Income$-400,000,000.00 Net Margins-9.46% Return on Equity81.57% Return on Assets2.38%Miscellaneous Employees27,500 Outstanding Shares156,956,000Market Cap$1.50 billion Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $9.58 -0.06 (-0.62 %) (As of 09/22/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive OI News and Ratings via Email Sign-up to receive the latest news and ratings for OI and its competitors with MarketBeat's FREE daily newsletter. Owens-Illinois (NYSE:OI) Frequently Asked Questions How has Owens-Illinois' stock been impacted by Coronavirus (COVID-19)? Owens-Illinois' stock was trading at $5.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OI stock has increased by 65.2% and is now trading at $9.58. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Owens-Illinois? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens-Illinois in the last year. There are currently 3 sell ratings, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Owens-Illinois. When is Owens-Illinois' next earnings date? Owens-Illinois is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020. View our earnings forecast for Owens-Illinois. How were Owens-Illinois' earnings last quarter? Owens-Illinois Inc (NYSE:OI) posted its quarterly earnings results on Tuesday, August, 4th. The industrial products company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.18 by $0.17. The industrial products company earned $1.40 billion during the quarter, compared to analyst estimates of $1.43 billion. Owens-Illinois had a positive return on equity of 81.57% and a negative net margin of 9.46%. The business's revenue was down 22.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.69 EPS. View Owens-Illinois' earnings history. How often does Owens-Illinois pay dividends? What is the dividend yield for Owens-Illinois? Owens-Illinois declared a quarterly dividend on Tuesday, February 4th. Investors of record on Friday, February 28th will be given a dividend of $0.05 per share on Monday, March 16th. This represents a $0.20 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, February 27th. View Owens-Illinois' dividend history. What guidance has Owens-Illinois issued on next quarter's earnings? Owens-Illinois issued an update on its second quarter earnings guidance on Wednesday, July, 15th. The company provided earnings per share guidance of approx breakeven for the period, compared to the Thomson Reuters consensus estimate of $0.07. What price target have analysts set for OI? 11 brokerages have issued 1 year price objectives for Owens-Illinois' stock. Their forecasts range from $7.00 to $15.00. On average, they expect Owens-Illinois' stock price to reach $10.91 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View analysts' price targets for Owens-Illinois. Who are some of Owens-Illinois' key competitors? Some companies that are related to Owens-Illinois include Ball (BLL), Crown (CCK), AptarGroup (ATR), Berry Global Group (BERY), Silgan (SLGN), Greif (GEF) and Myers Industries (MYE). View all competitors. What other stocks do shareholders of Owens-Illinois own? Based on aggregate information from My MarketBeat watchlists, some companies that other Owens-Illinois investors own include Intel (INTC), Bank of America (BAC), General Electric (GE), AT&T (T), Cisco Systems (CSCO), Ford Motor (F), General Motors (GM), AbbVie (ABBV), Energy Transfer LP Unit (ET) and Freeport-McMoRan (FCX). Who are Owens-Illinois' key executives? Owens-Illinois' management team includes the following people: Mr. Andres Alberto Lopez, CEO, Pres & Director (Age 56)Ms. Jan A. Bertsch, Advisor (Age 62)Mr. Vitaliano Torno, Pres of O-I Europe (Age 60)Mr. Miguel I. Alvarez, Pres of O-I North America (Age 54)Mr. John A. Haudrich, Sr. VP & CFO (Age 51) What is Owens-Illinois' stock symbol? Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI." Who are Owens-Illinois' major shareholders? Owens-Illinois' stock is owned by many different retail and institutional investors. Top institutional shareholders include Mork Capital Management LLC (0.15%) and Teza Capital Management LLC (0.02%). Company insiders that own Owens-Illinois stock include Carol A Williams, Mary Beth Wilkinson, Moyano Giancarlo Currarino and Timothy M Connors. View institutional ownership trends for Owens-Illinois. Which major investors are buying Owens-Illinois stock? OI stock was bought by a variety of institutional investors in the last quarter, including Mork Capital Management LLC, and Teza Capital Management LLC. View insider buying and selling activity for Owens-Illinois. 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, Robinhood, Fidelity, and Charles Schwab. What is Owens-Illinois' stock price today? One share of OI stock can currently be purchased for approximately $9.58. How big of a company is Owens-Illinois? Owens-Illinois has a market capitalization of $1.50 billion and generates $6.69 billion in revenue each year. The industrial products company earns $-400,000,000.00 in net income (profit) each year or $2.24 on an earnings per share basis. Owens-Illinois employs 27,500 workers across the globe. What is Owens-Illinois' official website? The official website for Owens-Illinois is www.o-i.com. 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
