Zacks Research Increases Earnings Estimates for O-I Glass

O-I Glass, Inc. (NYSE:OI) – Zacks Research raised their FY2025 EPS estimates for shares of O-I Glass in a research report issued on Tuesday, November 18th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $1.56 per share for the year, up from their previous estimate of $1.47. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for O-I Glass’ current full-year earnings is $1.33 per share. Zacks Research also issued estimates for O-I Glass’ Q4 2025 earnings at $0.15 EPS, Q2 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.37 EPS, Q1 2027 earnings at $0.58 EPS, Q2 2027 earnings at $0.63 EPS and FY2027 earnings at $2.33 EPS.

O-I Glass (NYSE:OI) last announced its quarterly earnings results on Wednesday, March 1st. The industrial products company reported $0.36 EPS for the quarter. O-I Glass had a negative net margin of 3.95% and a positive return on equity of 13.70%. The firm had revenue of $1.59 billion for the quarter.

A number of other research firms also recently issued reports on OI. Weiss Ratings restated a “sell (d-)” rating on shares of O-I Glass in a research note on Wednesday, October 8th. Bank of America raised O-I Glass from a “neutral” rating to a “buy” rating and increased their price objective for the company from $14.00 to $17.00 in a report on Monday. Wall Street Zen raised shares of O-I Glass from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Wells Fargo & Company upped their price target on shares of O-I Glass from $14.00 to $15.00 and gave the company an “equal weight” rating in a research report on Thursday, November 6th. Finally, Truist Financial lowered their price objective on shares of O-I Glass from $21.00 to $17.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $16.67.

O-I Glass Stock Performance

Shares of OI stock opened at $12.84 on Wednesday. The stock’s 50-day moving average is $12.55 and its two-hundred day moving average is $13.33. The company has a debt-to-equity ratio of 3.58, a quick ratio of 0.77 and a current ratio of 1.24. O-I Glass has a 1 year low of $9.23 and a 1 year high of $16.04. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of -7.78, a PEG ratio of 0.22 and a beta of 0.89.

Hedge Funds Weigh In On O-I Glass

Several institutional investors have recently bought and sold shares of the company. Icon Advisers Inc. Co. raised its position in O-I Glass by 35.0% during the 3rd quarter. Icon Advisers Inc. Co. now owns 270,000 shares of the industrial products company’s stock worth $3,502,000 after buying an additional 70,000 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its stake in shares of O-I Glass by 2.9% during the third quarter. CANADA LIFE ASSURANCE Co now owns 136,272 shares of the industrial products company’s stock worth $1,779,000 after acquiring an additional 3,877 shares during the period. Nomura Holdings Inc. increased its stake in shares of O-I Glass by 93.1% during the third quarter. Nomura Holdings Inc. now owns 192,193 shares of the industrial products company’s stock worth $2,493,000 after acquiring an additional 92,674 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in O-I Glass by 216.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 42,551 shares of the industrial products company’s stock worth $552,000 after purchasing an additional 29,104 shares in the last quarter. Finally, Brevan Howard Capital Management LP lifted its position in O-I Glass by 53.4% in the third quarter. Brevan Howard Capital Management LP now owns 111,407 shares of the industrial products company’s stock valued at $1,445,000 after purchasing an additional 38,760 shares during the period. 97.24% of the stock is owned by institutional investors and hedge funds.

O-I Glass Company Profile

O-I Glass, Inc, through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine.