Critical Survey: O-I Glass (OI) and Its Rivals

O-I Glass (NYSE:OI) is one of 70 publicly-traded companies in the “Containers & Packaging” industry, but how does it compare to its rivals? We will compare O-I Glass to similar companies based on the strength of its valuation, institutional ownership, profitability, earnings, risk, analyst recommendations and dividends.

Insider and Institutional Ownership

97.2% of O-I Glass shares are owned by institutional investors. Comparatively, 54.4% of shares of all “Containers & Packaging” companies are owned by institutional investors. 1.0% of O-I Glass shares are owned by insiders. Comparatively, 13.5% of shares of all “Containers & Packaging” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and recommmendations for O-I Glass and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
O-I Glass	2	4	3	0	2.11
O-I Glass Competitors	404	2395	3477	86	2.51

O-I Glass presently has a consensus target price of $8.81, indicating a potential upside of 79.66%. As a group, “Containers & Packaging” companies have a potential upside of 38.45%. Given O-I Glass’ higher possible upside, analysts plainly believe O-I Glass is more favorable than its rivals.

Volatility & Risk

O-I Glass has a beta of 0.75, suggesting that its share price is 25% less volatile than the S&P 500. Comparatively, O-I Glass’ rivals have a beta of 0.75, suggesting that their average share price is 25% less volatile than the S&P 500.

Valuation & Earnings

This table compares O-I Glass and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
O-I Glass	$6.43 billion	-$129.00 million	-0.63
O-I Glass Competitors	$6.15 billion	$199.65 million	12.12

O-I Glass has higher revenue, but lower earnings than its rivals. O-I Glass is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares O-I Glass and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
O-I Glass	-18.89%	3.74%	0.43%
O-I Glass Competitors	-20.65%	5.08%	1.60%

Summary

O-I Glass rivals beat O-I Glass on 9 of the 13 factors compared.

O-I Glass Company Profile

O-I Glass, Inc. manufactures glass containers for food and beverage brands. Its products include bottles and jars used for beer, wine, spirits, nonalcoholic beverages, and food, serving customers across consumer and industrial markets. The company traces its roots to the Owens Bottle Company, established in 1903 by glassmaking innovator Michael J. Owens. It later became Owens-Illinois and adopted the O-I Glass name in 2020. O-I Glass serves customers in the Americas and Europe, with operations and sales activities across multiple countries.