O-I Glass (NYSE:OI) Updates FY 2025 Earnings Guidance

O-I Glass (NYSE:OI) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.200-1.500 for the period, compared to the consensus earnings per share estimate of 1.460. The company issued revenue guidance of -.

O-I Glass Stock Performance

Shares of NYSE:OI traded up $0.13 during trading on Tuesday, reaching $11.74. The company had a trading volume of 1,883,745 shares, compared to its average volume of 1,403,047. O-I Glass has a fifty-two week low of $9.85 and a fifty-two week high of $17.58. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.23 and a quick ratio of 0.77. The stock’s fifty day moving average price is $11.09 and its 200 day moving average price is $11.96. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of -4.25 and a beta of 1.22.

O-I Glass (NYSE:OI) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. O-I Glass had a negative net margin of 6.34% and a positive return on equity of 9.16%. As a group, equities research analysts predict that O-I Glass will post 0.75 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on OI. Barclays dropped their target price on O-I Glass from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 31st. Citigroup cut their price objective on O-I Glass from $12.00 to $11.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Wells Fargo & Company decreased their target price on shares of O-I Glass from $18.00 to $16.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Bank of America increased their price target on shares of O-I Glass from $14.00 to $15.00 and gave the company a “buy” rating in a report on Monday, January 6th. Finally, Royal Bank of Canada decreased their price objective on shares of 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 analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, O-I Glass currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.38.

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.