S&P 500   4,207.27
DOW   33,336.67
QQQ   324.08
Find and Profitably Trade Stocks at 52-Week Lows
Sell every Stock except ONE (Ad)
Why Invest in High-Yield Dividend Stocks?
The 2 Dow Stocks with Decade-Long Win Streaks on the Line
3 Stable Growth Stocks for Bumpy Times
Retirees Face “Income Destruction” (Ad)pixel
Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce
Our #1 Small-Cap Stock for [MONTH] (Ad)pixel
S&P 500   4,207.27
DOW   33,336.67
QQQ   324.08
Find and Profitably Trade Stocks at 52-Week Lows
Sell every Stock except ONE (Ad)
Why Invest in High-Yield Dividend Stocks?
The 2 Dow Stocks with Decade-Long Win Streaks on the Line
3 Stable Growth Stocks for Bumpy Times
Retirees Face “Income Destruction” (Ad)pixel
Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce
Our #1 Small-Cap Stock for [MONTH] (Ad)pixel
S&P 500   4,207.27
DOW   33,336.67
QQQ   324.08
Find and Profitably Trade Stocks at 52-Week Lows
Sell every Stock except ONE (Ad)
Why Invest in High-Yield Dividend Stocks?
The 2 Dow Stocks with Decade-Long Win Streaks on the Line
3 Stable Growth Stocks for Bumpy Times
Retirees Face “Income Destruction” (Ad)pixel
Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce
Our #1 Small-Cap Stock for [MONTH] (Ad)pixel
S&P 500   4,207.27
DOW   33,336.67
QQQ   324.08
Find and Profitably Trade Stocks at 52-Week Lows
Sell every Stock except ONE (Ad)
Why Invest in High-Yield Dividend Stocks?
The 2 Dow Stocks with Decade-Long Win Streaks on the Line
3 Stable Growth Stocks for Bumpy Times
Retirees Face “Income Destruction” (Ad)pixel
Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce
Our #1 Small-Cap Stock for [MONTH] (Ad)pixel
NYSE:OI

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

$14.12
+0.31 (+2.24%)
(As of 08/11/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.84
$14.27
50-Day Range
$12.05
$17.65
52-Week Range
$10.64
$17.94
Volume
623,444 shs
Average Volume
1.14 million shs
Market Capitalization
$2.20 billion
P/E Ratio
4.80
Dividend Yield
N/A
Price Target
$15.70

O-I Glass MarketRank™ Forecast

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
11.2% 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
0.72mentions of O-I Glass in the last 14 days
Based on 15 Articles This Week
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.

1.50 out of 5 stars

Industrial Products Sector

172nd out of 184 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.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Barclays downgraded shares of O-I Glass from an "equal weight" rating to an "underweight" rating and lowered their price objective for the stock from $15.00 to $13.00 in a research report on Monday, July 11th. Bank of America upgraded shares of O-I Glass from a "neutral" rating to a "buy" rating and increased their price target for the company from $15.00 to $19.00 in a research note on Friday, May 27th. Royal Bank of Canada increased their price target on shares of O-I Glass from $14.00 to $16.00 in a research note on Wednesday, June 8th. Credit Suisse Group increased their price target on shares of O-I Glass from $18.00 to $21.00 and gave the company an "outperform" rating in a research note on Thursday, June 9th. Finally, StockNews.com upgraded shares of O-I Glass from a "hold" rating to a "buy" rating in a research note on Friday, May 6th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $15.70.

O-I Glass Stock Up 2.2 %

Shares of NYSE:OI traded up $0.31 during trading on Thursday, hitting $14.12. The stock had a trading volume of 625,741 shares, compared to its average volume of 1,136,479. The firm has a fifty day moving average of $14.38 and a two-hundred day moving average of $13.72. 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 company has a market capitalization of $2.20 billion, a PE ratio of 4.81, a PEG ratio of 1.14 and a beta of 1.42. O-I Glass has a 12 month low of $10.64 and a 12 month high of $17.94.

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, topping analysts' consensus estimates of $0.65 by $0.08. O-I Glass had a net margin of 7.02% and a return on equity of 37.89%. During the same period in the prior year, the company posted $0.54 EPS. As a group, equities research analysts forecast that O-I Glass will post 2.15 EPS for the current fiscal 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
O-I Glass (NYSE:OI) Shares Gap Up to $12.60
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
8/11/2022
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
+11.2%
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
$5.04 per share
Book Value
$8.09 per share

Miscellaneous

Free Float
153,629,000
Market Cap
$2.20 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 equities research analysts have issued "buy," "hold," and "sell" ratings for O-I Glass in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 1 year price objectives for O-I Glass' shares. 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 10.9% 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 on January 1st, 2022. Since then, OI shares have increased by 17.7% and is now trading at $14.16.
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 earnings results 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 business posted $0.54 earnings per share.

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 many different retail and institutional investors. Top institutional shareholders include Private Management Group Inc. (1.84%), Victory Capital Management Inc. (1.68%), Principal Financial Group Inc. (0.82%), Leeward Investments LLC MA (0.75%), IPG Investment Advisors LLC (0.70%) and IQ EQ FUND MANAGEMENT IRELAND Ltd (0.47%).
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 $14.16.

How much money does O-I Glass make?

O-I Glass (NYSE:OI) has a market capitalization of $2.20 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 8/12/2022 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.