NYSE:OI O-I Glass - OI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding O-I Glass, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $21.93 +0.21 (+0.97%) (As of 03/28/2023 11:33 AM ET) Add Compare Share Share Today's Range$21.53▼$22.0550-Day Range$18.47▼$23.4452-Week Range$11.60▼$23.52Volume210,018 shsAverage Volume1.33 million shsMarket Capitalization$3.39 billionP/E Ratio5.98Dividend YieldN/APrice Target$23.40 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability O-I Glass MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside7.7% Upside$23.40 Price TargetShort InterestHealthy1.94% of Float Sold ShortDividend StrengthN/ASustainability-4.94Upright™ Environmental ScoreNews Sentiment0.53Based on 10 Articles This WeekInsider TradingSelling Shares$440,432 Sold Last QuarterProj. Earnings Growth5.20%From $2.50 to $2.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.85 out of 5 starsIndustrial Products Sector139th out of 180 stocksGlass Containers Industry1st out of 2 stocks 2.3 Analyst's Opinion Consensus RatingO-I Glass has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.40, O-I Glass has a forecasted upside of 7.7% from its current price of $21.72.Amount of Analyst CoverageO-I Glass has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.94% of the float of O-I Glass has been sold short.Short Interest Ratio / Days to CoverO-I Glass has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in O-I Glass has recently increased by 13.46%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldO-I Glass does not currently pay a dividend.Dividend GrowthO-I Glass does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreO-I Glass has received a -106.47% net impact score from Upright. The largest negative impact of Owens-Illinois in category "GHG emissions" seems to be driven mostly by its "Glass food packages", "Glass pharmaceuticals packages", and "Glass containers" products. See details.Environmental SustainabilityThe Environmental Impact score for O-I Glass is -4.94. Previous Next 2.5 News and Social Media Coverage News SentimentO-I Glass has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 10 news articles for O-I Glass this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for OI on MarketBeat in the last 30 days. This is a decrease of -90% compared to the previous 30 days.MarketBeat Follows4 people have added O-I Glass to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, O-I Glass insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $440,432.00 in company stock.Percentage Held by InsidersOnly 1.34% of the stock of O-I Glass is held by insiders.Percentage Held by Institutions93.60% of the stock of O-I Glass is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for O-I Glass are expected to grow by 5.20% in the coming year, from $2.50 to $2.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of O-I Glass is 5.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.93.Price to Earnings Ratio vs. SectorThe P/E ratio of O-I Glass is 5.92, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.07.Price to Earnings Growth RatioO-I Glass has a PEG Ratio of 1.19. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioO-I Glass has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About O-I Glass (NYSE:OI) StockO-I Glass, Inc. engages in manufacturing of glass products. It offers products to the food and beverage sectors. The firm operates through the following geographical segments: Americas, Europe, and Asia Pacific. The company was founded in 1929 and is headquartered in Perrysburg, OH.Read More 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. Email Address OI Stock News HeadlinesMarch 25, 2023 | seekingalpha.comOI O-I Glass, Inc.March 24, 2023 | americanbankingnews.comInvestors Buy Large Volume of Call Options on O-I Glass (NYSE:OI)March 28, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsMarch 22, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Issues FY 2023 Earnings GuidanceMarch 22, 2023 | americanbankingnews.comO-I Glass (NYSE:OI) Issues Q1 2023 Earnings GuidanceMarch 20, 2023 | americanbankingnews.comO-I Glass, Inc. (NYSE:OI) Receives $23.40 Consensus PT from BrokeragesMarch 19, 2023 | americanbankingnews.comStockNews.com Begins Coverage on O-I Glass (NYSE:OI)March 14, 2023 | finance.yahoo.comShould We Be Delighted With O-I Glass, Inc.'s (NYSE:OI) ROE Of 41%?March 28, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsMarch 3, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: O-I Glass (OI) and MariMed (OtherMRMD)March 1, 2023 | finanznachrichten.deO-I Glass, Inc.: O-I Plant Manager Receives National Women in Manufacturing AwardMarch 1, 2023 | finance.yahoo.comO-I Plant Manager Receives National Women in Manufacturing AwardFebruary 24, 2023 | msn.comO-I Glass (OI) Crossed Above the 20-Day Moving Average: What That Means for InvestorsFebruary 21, 2023 | finance.yahoo.comO-I Glass CFO to Present at BofA Securities 2023 Global Agriculture and Materials ConferenceFebruary 15, 2023 | realmoney.thestreet.comO-I Glass Has Yet to Reach Its Ceiling on the ChartsFebruary 13, 2023 | msn.comDespite Fast-paced Momentum, O-I Glass (OI) Is Still a Bargain StockFebruary 10, 2023 | finance.yahoo.comZacks.com featured highlights RenaissanceRe, United Rentals, ATI, Wabash National and O-I GlassFebruary 10, 2023 | finance.yahoo.comO-I Glass Full Year 2022 Earnings: Revenues Beat Expectations, EPS LagsFebruary 6, 2023 | finance.yahoo.comO-I Sustainable Transformation Achieving Key RecognitionsFebruary 6, 2023 | finance.yahoo.comO-I Glass (OI) Is Up 22.15% in One Week: What You Should KnowFebruary 6, 2023 | nasdaq.comO-I Glass, Inc. (OI) Hits Fresh High: Is There Still Room to Run?February 2, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: O-I Glass (OI), Vale SA (VALE) and ChampionX (CHX)February 2, 2023 | markets.businessinsider.comTruist Securities Maintains Buy Rating for O-I Glass: Here's What You Need To KnowFebruary 2, 2023 | nasdaq.comEarnings Estimates Moving Higher for O-I Glass (OI): Time to Buy?February 2, 2023 | finance.yahoo.comO-I Glass, Inc. (NYSE:OI) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | msn.comO-I Glass rises after upgrade to Outperform at RBC CapitalFebruary 2, 2023 | markets.businessinsider.com5 Analysts Have This to Say About O-I GlassSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address OI Company Calendar Last Earnings1/31/2023Today3/28/2023Next Earnings (Estimated)4/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Glass containers Sub-IndustryMetal & Glass Containers SectorIndustrial Products Current SymbolNYSE:OI CUSIP69076840 CIK812074 Webwww.o-i.com Phone(567) 336-5000Fax419-247-7107Employees24,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.40 High Stock Price Forecast$34.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+7.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.67 Trailing P/E Ratio5.92 Forward P/E Ratio8.69 P/E Growth1.19Net Income$584 million Net Margins8.52% Pretax Margin11.74% Return on Equity27.42% Return on Assets4.13% Debt Debt-to-Equity Ratio2.86 Current Ratio1.10 Quick Ratio0.74 Sales & Book Value Annual Sales$6.86 billion Price / Sales0.49 Cash Flow$5.48 per share Price / Cash Flow3.96 Book Value$9.85 per share Price / Book2.21Miscellaneous Outstanding Shares154,360,000Free Float152,291,000Market Cap$3.35 billion OptionableOptionable Beta1.36 Key ExecutivesAndres Alberto LopezPresident, Chief Executive Officer & DirectorVitaliano TornoPresident-Business OperationsJohn A. HaudrichChief Financial Officer & Senior Vice PresidentLudovic ValetteVice President-Technology & EngineeringDarrow A. AbrahamsSecretary, Senior Vice President & General CounselKey CompetitorsEnerSysNYSE:ENSESABNYSE:ESABJohn Bean TechnologiesNYSE:JBTEncore WireNASDAQ:WIRETerexNYSE:TEXView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 2,396 shares on 3/23/2023Ownership: 0.052%Victory Capital Management Inc.Sold 195,435 shares on 3/10/2023Ownership: 1.478%Voya Investment Management LLCBought 12,970 shares on 2/28/2023Ownership: 0.048%Teachers Retirement System of The State of KentuckySold 2,311 shares on 2/22/2023Ownership: 0.031%Macquarie Group Ltd.Sold 4,389 shares on 2/21/2023Ownership: 0.039%View All Insider TransactionsView All Institutional Transactions OI Stock - Frequently Asked Questions Should I buy or sell O-I Glass stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for O-I Glass in the last year. There are currently 2 sell ratings, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OI shares. View OI analyst ratings or view top-rated stocks. What is O-I Glass' stock price forecast for 2023? 10 equities research analysts have issued 1 year price objectives for O-I Glass' stock. Their OI share price forecasts range from $15.00 to $34.00. On average, they expect the company's share price to reach $23.40 in the next year. This suggests a possible upside of 7.1% 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 2023? O-I Glass' stock was trading at $16.57 at the beginning of the year. Since then, OI stock has increased by 31.9% and is now trading at $21.85. View the best growth stocks for 2023 here. When is O-I Glass' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023. View our OI earnings forecast. How were O-I Glass' earnings last quarter? O-I Glass, Inc. (NYSE:OI) issued its earnings results on Tuesday, January, 31st. The industrial products company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.06. The industrial products company earned $1.70 billion during the quarter, compared to analyst estimates of $1.59 billion. O-I Glass had a trailing twelve-month return on equity of 27.42% and a net margin of 8.52%. O-I Glass's revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.36 EPS. What ETFs hold O-I Glass' stock? ETFs with the largest weight of O-I Glass (NYSE:OI) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Invesco DWA Basic Materials Momentum ETF (PYZ), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Value with Momentum ETF (XSVM), RiverFront Dynamic US Flex-Cap ETF (RFFC), Fidelity Small-Mid Cap Opportunities ETF (FSMO) and Invesco S&P SmallCap 600 Revenue ETF (RWJ). What guidance has O-I Glass issued on next quarter's earnings? O-I Glass updated its first quarter 2023 earnings guidance on Wednesday, March, 22nd. The company provided earnings per share guidance of $0.80-$0.85 for the period, compared to the consensus earnings per share estimate of $0.82. 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 number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (2.48%), LSV Asset Management (2.29%), Levin Capital Strategies L.P. (1.95%), Geode Capital Management LLC (1.79%), Private Management Group Inc. (1.53%) and Alliancebernstein L.P. (1.48%). Insiders that own company stock include Arnaud Aujouannet, Mary Beth Wilkinson and Vitaliano Torno. 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 $21.85. How much money does O-I Glass make? O-I Glass (NYSE:OI) has a market capitalization of $3.37 billion and generates $6.86 billion in revenue each year. The industrial products company earns $584 million in net income (profit) each year or $3.67 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. 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