Owens-Illinois Company Profile (NYSE:OI)

Owens-Illinois trades on the New York Stock Exchange (NYSE) under the ticker symbol "OI."

Owens-Illinois, Inc. (NYSE:OI) released its earnings results on Monday, April, 24th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.53 by $0.05. The firm had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.58 billion. Owens-Illinois had a return on equity of 80.74% and a net margin of 2.84%. The business's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.48 earnings per share. View Owens-Illinois' Earnings History.

Owens-Illinois is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Owens-Illinois.

Owens-Illinois issued an update on its FY17 earnings guidance on Monday, April, 24th. The company provided earnings per share guidance of $2.40-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.43.

8 brokers have issued 12 month price targets for Owens-Illinois' stock. Their predictions range from $20.00 to $40.00. On average, they expect Owens-Illinois' stock price to reach $26.00 in the next twelve months. View Analyst Ratings for Owens-Illinois.

Here are some recent quotes from research analysts about Owens-Illinois stock:

• 1. According to Zacks Investment Research, "For the full year 2017, Owens-Illinois remains on track to achieve all of the company’s financial targets including volume growth, margin, adjusted earnings, cash flow and deleveraging. Its focus on simplifying the organization, elevating productivity, expanding customer relationships, strategic initiatives and reducing the structural cost will drive long-term growth. The company is also well positioned to benefit from acquisitions and joint ventures. The stock has outperformed the Zacks sub-industry year to date. However, Owens-Illinois’ results will be impacted by uncertainty in macroeconomic conditions, inflation and unfavorable foreign currency translation. In Europe, heightened competitive activity has been dragging down selling prices. " (6/27/2017)
• 2. Jefferies Group LLC analysts commented, "While there are some headwinds from prices/cost in Europe in 1Q and Peso linked inflation in Mexico in 2017, mgmt. has done a good job ushering a turnaround and adding stability to the business. The stock has come under pressure on border tax concerns, but the impact seems more manageable and it's encouraging mgmt. thinks it could offset the headwind longer term." (2/7/2017)

Some companies that are related to Owens-Illinois include Allegion PLC (ALLE), BPC Acquisition Corp (BERY), The Middleby Corporation (MIDD), Nordson Corporation (NDSN), Alcoa Corp. (AA), Hubbell (HUBB), HD Supply Holdings (HDS), Lincoln Electric Holdings (LECO), Donaldson Company (DCI), Graco (GGG), Flowserve Corporation (FLS), AGCO Corporation (AGCO), AptarGroup (ATR), Reliance Steel & Aluminum Co. (RS), Metso Oyj (MXCYY), Zebra Technologies Corporation (ZBRA), Sonoco Products Company (SON) and Colfax Corporation (CFX).

Owens-Illinois' management team includes the folowing people:

• Andres A. Lopez, President, Chief Executive Officer, Director
• Jan A. Bertsch, Chief Financial Officer, Senior Vice President
• Miguel Alvarez, President, Latin America
• Timothy M. Connors, President , Asia Pacific
• Sergio B. O Galindo, President, North America
• Vitaliano Torno, President, Europe
• Paul A. Jarrell, Senior Vice President, Chief Administrative Officer
• MaryBeth Wilkinson, Senior Vice President, General Counsel
• James W. Baehren, Senior Vice President-Corporate Development and Special Advisor, the Chief Executive Office
• John A. Haudrich, Senior Vice President and Chief Strategy and Integration Officer

Owens-Illinois' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Trinity Street Asset Management LLP (0.81%), James Investment Research Inc. (0.12%), Capital One National Association (0.06%), State Treasurer State of Michigan (0.04%), Aperio Group LLC (0.04%) and Oregon Public Employees Retirement Fund (0.04%). Company insiders that own Owens-Illinois stock include Albert P L Stroucken, Gordon Hardie, Hugh H Roberts, Jan Bertsch, John Haudrich, John J Mcmackin Jr, Peter S Hellman, Timothy M Connors and Vitaliano Torno. View Institutional Ownership Trends for Owens-Illinois.

Owens-Illinois' stock was sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Baldwin Brothers Inc. MA, Aperio Group LLC, Bank of Montreal Can, Creative Planning and Oakbrook Investments LLC. View Insider Buying and Selling for Owens-Illinois.

Owens-Illinois' stock was acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., Trinity Street Asset Management LLP, KAMES CAPITAL plc, American National Insurance Co. TX, Capital One National Association, Eqis Capital Management Inc., Oregon Public Employees Retirement Fund and LS Investment Advisors LLC. Company insiders that have bought Owens-Illinois stock in the last two years include Gordon Hardie, Hugh H Roberts, Jan Bertsch, John J Mcmackin Jr, Peter S Hellman and Timothy M Connors. View Insider Buying and Selling for Owens-Illinois.

Shares of Owens-Illinois can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Owens-Illinois stock can currently be purchased for approximately $24.65.