Brokers Issue Forecasts for O-I Glass’ Q1 Earnings (NYSE:OI)

O-I Glass, Inc. (NYSE:OI) – Equities research analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for shares of O-I Glass in a research note issued on Tuesday, February 18th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $0.18 per share for the quarter, up from their previous forecast of $0.17. The consensus estimate for O-I Glass’ current full-year earnings is $1.36 per share. Zacks Research also issued estimates for O-I Glass’ Q2 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.29 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.55 EPS, FY2026 earnings at $1.87 EPS and FY2027 earnings at $2.15 EPS.

O-I Glass (NYSE:OI) last issued its earnings results on Tuesday, February 4th. The industrial products company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.02. O-I Glass had a positive return on equity of 8.27% and a negative net margin of 1.62%.

A number of other equities research analysts have also recently commented on the company. StockNews.com upgraded O-I Glass from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th. Bank of America lifted their price target on O-I Glass from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Barclays decreased their price objective on shares of O-I Glass from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Thursday, October 31st. Citigroup decreased their price target on shares of O-I Glass from $12.00 to $11.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Finally, Royal Bank of Canada decreased their price target on shares of O-I Glass from $18.00 to $16.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $15.38.

O-I Glass Price Performance

Shares of O-I Glass stock opened at $11.79 on Wednesday. O-I Glass has a one year low of $9.85 and a one year high of $17.58. The stock’s fifty day moving average is $10.96 and its 200 day moving average is $11.95. The stock has a market cap of $1.82 billion, a P/E ratio of -16.60, a P/E/G ratio of 0.24 and a beta of 1.22. The company has a debt-to-equity ratio of 3.78, a quick ratio of 0.70 and a current ratio of 1.15.

Institutional Investors Weigh In On O-I Glass

A number of large investors have recently made changes to their positions in OI. Everence Capital Management Inc. raised its position in shares of O-I Glass by 6.1% during the 3rd quarter. Everence Capital Management Inc. now owns 15,550 shares of the industrial products company’s stock worth $204,000 after purchasing an additional 890 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in O-I Glass by 2.2% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 42,900 shares of the industrial products company’s stock worth $465,000 after buying an additional 916 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of 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 purchasing an additional 1,136 shares in the last quarter. Baird Financial Group Inc. raised its holdings in shares of O-I Glass by 9.6% in the 4th quarter. Baird Financial Group Inc. now owns 16,152 shares of the industrial products company’s stock valued at $175,000 after purchasing an additional 1,410 shares in the last quarter. Finally, KBC Group NV raised its stake in O-I Glass by 38.9% during the 3rd quarter. KBC Group NV now owns 5,431 shares of the industrial products company’s stock worth $71,000 after acquiring an additional 1,521 shares in the last quarter. 97.24% of the stock is owned by hedge funds and other institutional investors.

About O-I Glass

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.