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O-I Glass (OI)
NYSE:OI
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OI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.08 - $17.58
Previous Close$12.15
Volume2.22M
Average Volume (3M)1.51M
Market Cap
$1.89B
Enterprise Value$6.36B
Total Cash (Recent Filing)$671.00M
Total Debt (Recent Filing)$5.15B
Price to Earnings (P/E)―
Beta1.08
Next Earnings
Oct 29, 2024EPS Estimate
$0.04Last Dividend Ex-Date
Feb 27, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-1.91
Shares Outstanding155,364,292
10 Day Avg. Volume1,255,731
30 Day Avg. Volume1,506,036
Standard Deviation0.13
R-Squared0.23
Alpha-0.00217
Financial Highlights & Ratios
Price to Book (P/B)1.08
Price to Sales (P/S)0.27
Price to Cash Flow (P/CF)-1.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.95
Enterprise Value/Gross Profit4.25
Enterprise Value/Ebitda9.40
Forecast
1Y Price Target
$16.50Price Target Upside29.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
O-I Glass News
PremiumCompany Announcements
O-I Glass Announces Furnace Shutdowns and Restructuring CostsBulls Say, Bears Say
Bulls Say
Cost ReductionOI is targeting SG&A as part of its Fit-to-Win efforts, which could yield +$200MM in savings.
Efficiency GainsOI's Fit-to-Win initiatives, including the installation of MAGMA Gen 1 smelters, are expected to deliver efficiency gains and lower capital intensity.
Market PositionO-I Glass, Inc. is the market leader in the global glass container market.
Bears Say
Consumer ConsumptionOverall consumer consumption patterns are declining, and wine and spirits producers are last to de-stock, leading to a choppy volume environment.
Financial GuidanceGuidance was revised broadly lower, with reduced production volumes and lower EBITDA estimates.
Geographical PerformanceAmericas volumes remain weak, with consolidated core volumes down 4.5% year-over-year.
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Ownership Overview
1.98% Insiders
28.37% Mutual Funds
1.35% Other Institutional Investors
40.68% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OI FAQ
What was O-I Glass’s price range in the past 12 months?
O-I Glass lowest stock price was $10.08 and its highest was $17.58 in the past 12 months.
What is O-I Glass’s market cap?
Currently, no data Available
When is O-I Glass’s upcoming earnings report date?
O-I Glass’s upcoming earnings report date is Oct 29, 2024 which is yesterday.
How were O-I Glass’s earnings last quarter?
O-I Glass released its earnings results on Jul 30, 2024. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.431 by $0.009.
Is O-I Glass overvalued?
According to Wall Street analysts O-I Glass’s price is currently Undervalued.
Does O-I Glass pay dividends?
O-I Glass pays a Quarterly dividend of $0.05 which represents an annual dividend yield of N/A. See more information on O-I Glass dividends here
What is O-I Glass’s EPS estimate?
O-I Glass’s EPS estimate is $0.04.
How many shares outstanding does O-I Glass have?
O-I Glass has 155,364,290 shares outstanding.
What happened to O-I Glass’s price movement after its last earnings report?
O-I Glass reported an EPS of $0.44 in its last earnings report, beating expectations of $0.431. Following the earnings report the stock price went up 14.974%.
Which hedge fund is a major shareholder of O-I Glass?
Among the largest hedge funds holding O-I Glass’s share is Moore Capital Management LP. It holds O-I Glass’s shares valued at 7M.
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O-I Glass Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$16.50 (29.51% Upside)
$16.50 (29.51% Upside)
Blogger Sentiment
Neutral
OI Sentiment 67%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 623.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $267.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 6.0%
Last 30 Days ▲ 6.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.23%
12-Months-Change
Fundamentals
Return on Equity
-16.45%
Trailing 12-Months
Asset Growth
-5.82%
Trailing 12-Months
Company Description
O-I Glass
O-I Glass, Inc. manufactures glass products. The firm offers products to the food and beverage sectors. The company is headquartered in Perrysburg, OH.
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OI Company Deck
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OI Earnings Call
Q2 2024
0:00 / 0:00
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OI Stock 12 Month Forecast
Average Price Target
$16.50
▲(29.51% Upside)
Technical Analysis
Best Analysts Covering OI
1 Year
1 Year Success Rate
11/27 ratings generated profit
1 Year Average Return
+8.75%
reiterated a buy rating 3 months ago
Copying Ghansham Panjabi's trades and holding each position for 1 Year would result in 40.74% of your transactions generating a profit, with an average return of +8.75% per trade.
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