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

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on OI shares. Wells Fargo & Company cut their price target on shares of O-I Glass from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Bank of America upped their price target on shares of O-I Glass from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Citigroup lowered their price objective on 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 upgraded O-I Glass from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Royal Bank of Canada dropped their price target on O-I Glass from $18.00 to $16.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, O-I Glass has a consensus rating of “Moderate Buy” and an average target price of $15.38.

O-I Glass Stock Up 1.1 %

OI traded up $0.13 on Tuesday, hitting $11.74. 1,883,745 shares of the company were exchanged, compared to its average volume of 1,403,047. The firm has a 50-day moving average price of $11.09 and a two-hundred day moving average price of $11.96. The company has a current ratio of 1.23, a quick ratio of 0.77 and a debt-to-equity ratio of 3.18. O-I Glass has a twelve month low of $9.85 and a twelve month high of $17.58. The company has a market cap of $1.82 billion, a price-to-earnings ratio of -4.25 and a beta of 1.22.

O-I Glass (NYSE:OI) last posted its quarterly earnings results on Tuesday, February 4th. The industrial products company reported ($0.05) EPS for the quarter, topping the consensus estimate 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%. On average, equities analysts predict that O-I Glass will post 0.75 earnings per share for the current year.

O-I Glass Company Profile

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.