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O-I Glass (OI)
NYSE:OI
O-I Glass (OI) Stock Price & Analysis
302 Followers
OI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.67 - $23.57
Previous Close$10.72
Volume2.33M
Average Volume (3M)1.84M
Market Cap
$1.67B
Enterprise Value$6.21B
Total Cash (Recent Filing)$395.00M
Total Debt (Recent Filing)$4.93B
Price to Earnings (P/E)―
Beta1.36
Next Earnings
Jul 30, 2024EPS Estimate
$0.44Last Dividend Ex-Date
Feb 27, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-1.58
Shares Outstanding155,721,710
10 Day Avg. Volume1,901,458
30 Day Avg. Volume1,836,126
Standard Deviation0.14
R-Squared0.24
Alpha-0.00966
Financial Highlights & Ratios
Price to Book (P/B)-10.80
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)1.10
P/FCF Ratio1.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.90
Enterprise Value/Gross Profit4.15
Enterprise Value/Ebitda8.20
Forecast
1Y Price Target
$17.71Price Target Upside67.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
O-I Glass News
Bulls Say, Bears Say
Bulls Say
De-risking And ImprovementInvestors continue to underestimate the de-risking in the core investment profile over the past five years—highlighted by balance sheet deleveraging, the asbestos liability resolution, and a fundamental improvement in operational execution.
Market LeadershipO-I Glass, Inc. is the market leader in the global glass container market.
Operational StrengthOperations are on sound footing, with the next phase likely to be focused on commercialization of MAGMA technology and ensuring sanctity of global glass container industry pricing.
Bears Say
Demand EnvironmentGlass packaging demand will remain pressured, given weakness on North America's beer side.
Financial GuidanceThere has been a big reduction in guidance, with lower free cash flow now expected to be in the range of $100-150mn, previously $150-$200mn.
Production And VolumeGiven the weaker-than-expected demand environment and delayed recovery outlook, OI curtailed 8% of production with expectation to curtail a total of 10-12%.
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Ownership Overview
4.28% Insiders
35.85% Mutual Funds
45.48% Other Institutional Investors
14.40% 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 $10.67 and its highest was $23.57 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 Jul 30, 2024 which is in 27 days.
How were O-I Glass’s earnings last quarter?
O-I Glass released its earnings results on Apr 30, 2024. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.385 by $0.065.
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 $0.44.
How many shares outstanding does O-I Glass have?
O-I Glass has 155,721,710 shares outstanding.
What happened to O-I Glass’s price movement after its last earnings report?
O-I Glass reported an EPS of $0.45 in its last earnings report, beating expectations of $0.385. Following the earnings report the stock price went down -15.909%.
Which hedge fund is a major shareholder of O-I Glass?
Among the largest hedge funds holding O-I Glass’s share is Nut Tree 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:
$17.71 (67.55% Upside)
$17.71 (67.55% Upside)
Blogger Sentiment
Bullish
OI Sentiment 60%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 28.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 12.3%
Last 30 Days ▼ 12.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.74%
12-Months-Change
Fundamentals
Return on Equity
-13.72%
Trailing 12-Months
Asset Growth
-0.17%
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
Q1 2024
0:00 / 0:00
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OI Stock 12 Month Forecast
Average Price Target
$17.71
▲(67.55% Upside)
Technical Analysis
Best Analysts Covering OI
1 Year
1 Year Success Rate
11/26 ratings generated profit
1 Year Average Return
+7.67%
reiterated a buy rating 2 months ago
Copying Ghansham Panjabi's trades and holding each position for 1 Year would result in 42.31% of your transactions generating a profit, with an average return of +7.67% per trade.
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