Zacks Research Has Bearish Outlook for O-I Glass Q1 Earnings

O-I Glass, Inc. (NYSE:OIFree Report) – Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for shares of O-I Glass in a note issued to investors on Friday, November 15th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $0.18 for the quarter, down from their prior forecast of $0.19. The consensus estimate for O-I Glass’ current full-year earnings is $0.76 per share. Zacks Research also issued estimates for O-I Glass’ Q3 2025 earnings at $0.55 EPS, Q1 2026 earnings at $0.30 EPS, Q2 2026 earnings at $0.41 EPS, Q3 2026 earnings at $0.61 EPS and FY2026 earnings at $1.92 EPS.

O-I Glass (NYSE:OIGet Free Report) last announced its earnings results on Tuesday, October 29th. The industrial products company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.08). The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.76 billion. O-I Glass had a negative net margin of 6.34% and a positive return on equity of 9.16%. The company’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter last year, the business earned $0.80 EPS.

OI has been the topic of a number of other research reports. Truist Financial restated a “buy” rating and issued a $16.00 price objective (down previously from $17.00) on shares of O-I Glass in a report on Thursday, August 1st. Barclays decreased their price objective on O-I Glass from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Thursday, October 31st. Citigroup lifted their price target on O-I Glass from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Robert W. Baird reduced their price target on O-I Glass from $22.00 to $18.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. Finally, Royal Bank of Canada reduced their price target on O-I Glass from $18.00 to $16.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, O-I Glass has an average rating of “Moderate Buy” and an average price target of $16.25.

Read Our Latest Research Report on OI

O-I Glass Trading Down 1.3 %

Shares of OI stock opened at $12.97 on Monday. The stock’s fifty day moving average is $12.68 and its two-hundred day moving average is $12.25. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.77 and a current ratio of 1.23. The firm has a market capitalization of $2.01 billion, a P/E ratio of -4.70 and a beta of 1.20. O-I Glass has a fifty-two week low of $10.08 and a fifty-two week high of $17.58.

Institutional Trading of O-I Glass

Hedge funds and other institutional investors have recently modified their holdings of the business. Harbor Capital Advisors Inc. acquired a new stake in shares of O-I Glass during the 3rd quarter worth about $27,000. Newbridge Financial Services Group Inc. grew its position in O-I Glass by 1,337.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 2,875 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 2,675 shares in the last quarter. GAMMA Investing LLC grew its position in O-I Glass by 371.0% in the 3rd quarter. GAMMA Investing LLC now owns 2,402 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 1,892 shares in the last quarter. Nisa Investment Advisors LLC grew its position in O-I Glass by 28.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 5,136 shares of the industrial products company’s stock valued at $67,000 after acquiring an additional 1,136 shares in the last quarter. Finally, KBC Group NV grew its position in O-I Glass by 38.9% in the 3rd quarter. KBC Group NV now owns 5,431 shares of the industrial products company’s stock valued at $71,000 after acquiring an additional 1,521 shares in the last quarter. 97.24% of the stock is owned by institutional investors and hedge funds.

O-I Glass Company Profile

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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.

See Also

Earnings History and Estimates for O-I Glass (NYSE:OI)

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