S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
NYSE:OI

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

$14.28
-0.21 (-1.45%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.22
$14.48
50-Day Range
$12.05
$16.08
52-Week Range
$10.64
$17.94
Volume
631,096 shs
Average Volume
1.12 million shs
Market Capitalization
$2.22 billion
P/E Ratio
4.86
Dividend Yield
N/A
Price Target
$15.70

O-I Glass MarketRank™ Forecast

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
9.9% Upside
$15.70 Price Target
Short Interest
Bearish
3.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.94
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-3.72%
From $2.15 to $2.07 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.08 out of 5 stars

Industrial Products Sector

183rd out of 190 stocks

Glass Containers Industry

3rd out of 3 stocks

OI stock logo

About O-I Glass (NYSE:OI) Stock

O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was founded in 1903 and is headquartered in Perrysburg, Ohio.

Analyst Upgrades and Downgrades

OI has been the subject of a number of research analyst reports. Barclays cut O-I Glass from an "equal weight" rating to an "underweight" rating and lowered their price target for the stock from $15.00 to $13.00 in a report on Monday, July 11th. TheStreet raised O-I Glass from a "c-" rating to a "b-" rating in a research report on Monday, April 25th. Bank of America raised O-I Glass from a "neutral" rating to a "buy" rating and raised their target price for the stock from $15.00 to $19.00 in a research report on Friday, May 27th. Royal Bank of Canada raised their price target on O-I Glass from $14.00 to $16.00 in a research note on Wednesday, June 8th. Finally, StockNews.com upgraded O-I Glass from a "hold" rating to a "buy" rating in a research note on Friday, May 6th. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $15.70.

O-I Glass Trading Down 1.0 %

OI Stock traded down $0.15 during trading on Friday, reaching $14.34. 13,830 shares of the stock traded hands, compared to its average volume of 986,285. O-I Glass has a 52-week low of $10.64 and a 52-week high of $17.94. The business's 50 day moving average price is $14.06 and its 200-day moving average price is $13.78. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.47 and a quick ratio of 1.03. The firm has a market capitalization of $2.23 billion, a PE ratio of 4.93, a P/E/G ratio of 1.44 and a beta of 1.42.

O-I Glass (NYSE:OI - Get Rating) last issued its quarterly earnings results on Tuesday, August 2nd. The industrial products company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.08. O-I Glass had a return on equity of 37.89% and a net margin of 7.02%. During the same period in the prior year, the business posted $0.54 earnings per share. As a group, sell-side analysts forecast that O-I Glass will post 2.15 earnings per share for the current year.

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.

OI Stock News Headlines

Is O-I Glass, Inc. (NYSE:OI) Trading At A 44% Discount?
Analysts Set O-I Glass, Inc. (NYSE:OI) Price Target at $16.40
O-I Glass: Q2 Earnings Insights
O-I Glass Q2 Results Up; Lifts FY22 Outlook
O-I Glass Reports Second Quarter 2022 Results
Are Investors Undervaluing OI Glass (OI) Right Now?
7 Analysts Have This to Say About O-I Glass
See More Headlines
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.

OI Company Calendar

Last Earnings
8/02/2022
Today
8/19/2022
Next Earnings (Estimated)
10/24/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Glass containers
Sub-Industry
Metal & Glass Containers
CUSIP
69076840
Employees
24,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$15.70
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+9.9%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$149 million
Pretax Margin
10.45%

Debt

Sales & Book Value

Annual Sales
$6.36 billion
Cash Flow
$4.74 per share
Book Value
$8.09 per share

Miscellaneous

Free Float
153,629,000
Market Cap
$2.22 billion
Optionable
Optionable
Beta
1.42

Key Executives

  • Mr. Andres Alberto Lopez (Age 59)
    CEO, Pres & Director
    Comp: $4.05M
  • Mr. John A. Haudrich (Age 54)
    Sr. VP & CFO
    Comp: $1.63M
  • Mr. Darrow A. Abrahams (Age 48)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.01M
  • Mr. Arnaud Aujouannet (Age 52)
    Sr. VP and Chief Sales & Marketing Officer
    Comp: $1.04M
  • Mr. Moyano Giancarlo Currarino (Age 45)
    Managing Director of O-I Southeast Europe
    Comp: $1.64M
  • Mr. Vitaliano Torno (Age 63)
    Pres of Bus. Operations & O-I Europe
    Comp: $1.96M
  • Mr. John Reynolds
    VP of Global Accounting
  • Mr. Ludovic Valette
    VP of Technology and Engineering
  • Mr. David Johnson
    VP of Investor Relations
  • Mr. Christopher David Manuel
    VP of Investor Relations













OI Stock - Frequently Asked Questions

Should I buy or sell O-I Glass stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for O-I Glass in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 3 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.

What is O-I Glass' stock price forecast for 2022?

9 brokerages have issued 12-month target prices for O-I Glass' stock. Their OI share price forecasts range from $12.00 to $21.00. On average, they anticipate the company's stock price to reach $15.70 in the next year. This suggests a possible upside of 9.9% 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 2022?

O-I Glass' stock was trading at $12.03 at the start of the year. Since then, OI stock has increased by 18.7% and is now trading at $14.28.
View the best growth stocks for 2022 here
.

When is O-I Glass' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our OI earnings forecast
.

How were O-I Glass' earnings last quarter?

O-I Glass, Inc. (NYSE:OI) issued its quarterly earnings data on Tuesday, August, 2nd. The industrial products company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.08. O-I Glass had a trailing twelve-month return on equity of 37.89% and a net margin of 7.02%. During the same quarter last year, the company posted $0.54 EPS.

What guidance has O-I Glass issued on next quarter's earnings?

O-I Glass updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $0.55-$0.60 for the period, compared to the consensus EPS estimate of $0.58. 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 a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (13.15%), State Street Corp (3.72%), Private Management Group Inc. (1.84%), Victory Capital Management Inc. (1.68%), Northern Trust Corp (1.06%) and Principal Financial Group Inc. (0.82%).
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 $14.28.

How much money does O-I Glass make?

O-I Glass (NYSE:OI) has a market capitalization of $2.22 billion and generates $6.36 billion in revenue each year. The industrial products company earns $149 million in net income (profit) each year or $2.94 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 8/19/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.