Zacks Research Comments on O-I Glass’ Q3 Earnings (NYSE:OI)

O-I Glass, Inc. (NYSE:OI) – Analysts at Zacks Research cut their Q3 2025 earnings estimates for shares of O-I Glass in a research report issued on Tuesday, February 18th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings of $0.52 per share for the quarter, down from their prior forecast of $0.56. 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’ FY2025 earnings at $1.35 EPS.

Several other research firms also recently commented on OI. Citigroup dropped their price objective on shares of O-I Glass from $12.00 to $11.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. StockNews.com raised shares of O-I Glass from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Bank of America raised their target price on shares of O-I Glass from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Monday, January 6th. Wells Fargo & Company lowered 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 note on Monday, January 6th. Finally, Royal Bank of Canada reduced their price target on shares of O-I Glass from $18.00 to $16.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $15.38.

O-I Glass Price Performance

OI opened at $11.79 on Thursday. The firm has a market cap of $1.82 billion, a P/E ratio of -16.60, a PEG ratio of 0.24 and a beta of 1.22. The firm has a 50-day moving average of $10.96 and a 200 day moving average of $11.95. The company has a debt-to-equity ratio of 3.78, a quick ratio of 0.70 and a current ratio of 1.15. O-I Glass has a fifty-two week low of $9.85 and a fifty-two week high of $17.58.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of O-I Glass by 30.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 365,630 shares of the industrial products company’s stock worth $3,963,000 after purchasing an additional 84,380 shares during the last quarter. Two Sigma Investments LP grew its holdings in shares of O-I Glass by 44.4% in the fourth quarter. Two Sigma Investments LP now owns 710,216 shares of the industrial products company’s stock worth $7,699,000 after purchasing an additional 218,381 shares during the last quarter. Point72 Asset Management L.P. bought a new position in shares of O-I Glass in the fourth quarter worth approximately $89,000. Point72 Hong Kong Ltd bought a new position in shares of O-I Glass in the fourth quarter worth approximately $106,000. Finally, ProShare Advisors LLC grew its holdings in shares of O-I Glass by 44.4% in the fourth quarter. ProShare Advisors LLC now owns 46,680 shares of the industrial products company’s stock worth $506,000 after purchasing an additional 14,346 shares during the last quarter. 97.24% of the stock is currently owned by 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.