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) posted its quarterly earnings results on Monday, April, 24th. The company reported $0.58 EPS for the quarter, topping 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 net margin of 2.84% and a return on equity of 80.74%. The business's revenue for the quarter was up .8% on a year-over-year basis. During the same period in the prior year, the business posted $0.48 earnings per share. View Owens-Illinois' Earnings History.

8 analysts have issued 1-year price targets for Owens-Illinois' stock. Their forecasts range from $20.00 to $40.00. On average, they expect Owens-Illinois' share price to reach $26.00 in the next year. 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), The Middleby Corporation (MIDD), BPC Acquisition Corp (BERY), Nordson Corporation (NDSN), Alcoa Corp. (AA), HD Supply Holdings (HDS), Hubbell (HUBB), Donaldson Company (DCI), Lincoln Electric Holdings (LECO), Flowserve Corporation (FLS), Graco (GGG), AGCO Corporation (AGCO), AptarGroup (ATR), Reliance Steel & Aluminum Co. (RS), Zebra Technologies Corporation (ZBRA), Colfax Corporation (CFX), Sonoco Products Company (SON) and Metso Oyj (MXCYY).

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 number of of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.95%), 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%) and Aperio Group LLC (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, Boston Advisors LLC, 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 bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., James Investment Research Inc., Trinity Street Asset Management LLP, Wright Investors Service Inc., ING Groep NV, KAMES CAPITAL plc, American National Insurance Co. TX and Capital One National Association. 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 $24.63.