O-I Glass, Inc. (NYSE:OI – Free Report) – Research analysts at Zacks Research cut their Q2 2026 earnings estimates for shares of O-I Glass in a note issued to investors on Friday, June 19th. Zacks Research analyst Team now anticipates that the industrial products company will earn $0.28 per share for the quarter, down from their prior estimate of $0.29. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for O-I Glass’ current full-year earnings is $1.20 per share. Zacks Research also issued estimates for O-I Glass’ Q3 2026 earnings at $0.52 EPS, FY2026 earnings at $1.20 EPS, Q1 2027 earnings at $0.34 EPS and Q3 2027 earnings at $0.54 EPS.
OI has been the topic of a number of other research reports. Royal Bank Of Canada set a $14.00 price objective on O-I Glass in a research note on Friday, April 17th. Citigroup lowered their target price on O-I Glass from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. UBS Group dropped their price target on shares of O-I Glass from $21.00 to $18.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Wall Street Zen downgraded shares of O-I Glass from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Truist Financial restated a “buy” rating and set a $14.00 price objective (down from $15.00) on shares of O-I Glass in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, O-I Glass currently has an average rating of “Hold” and a consensus target price of $15.50.
O-I Glass Stock Performance
Shares of NYSE OI opened at $9.11 on Tuesday. The stock has a fifty day moving average price of $9.26 and a two-hundred day moving average price of $12.19. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.73 and a current ratio of 1.26. The firm has a market cap of $1.40 billion, a P/E ratio of -7.47, a PEG ratio of 1.05 and a beta of 0.64. O-I Glass has a 1 year low of $7.75 and a 1 year high of $16.91.
O-I Glass (NYSE:OI – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). O-I Glass had a negative net margin of 2.91% and a positive return on equity of 13.65%. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the business earned $0.40 EPS. O-I Glass’s revenue was down 1.7% compared to the same quarter last year. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its stake in O-I Glass by 87.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 830 shares during the period. Optiver Holding B.V. boosted its position in shares of O-I Glass by 491.5% in the first quarter. Optiver Holding B.V. now owns 2,496 shares of the industrial products company’s stock worth $26,000 after buying an additional 2,074 shares during the period. Headlands Technologies LLC purchased a new position in shares of O-I Glass during the second quarter valued at $29,000. Quarry LP purchased a new position in shares of O-I Glass during the fourth quarter valued at $32,000. Finally, Caitong International Asset Management Co. Ltd raised its position in O-I Glass by 36,533.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,198 shares of the industrial products company’s stock valued at $32,000 after buying an additional 2,192 shares during the period. 97.24% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at O-I Glass
In related news, SVP Darrow A. Abrahams purchased 2,774 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average price of $9.04 per share, for a total transaction of $25,076.96. Following the transaction, the senior vice president directly owned 235,928 shares of the company’s stock, valued at $2,132,789.12. This trade represents a 1.19% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Randolph L. Burns purchased 11,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average cost of $9.32 per share, for a total transaction of $102,520.00. Following the purchase, the senior vice president directly owned 133,932 shares in the company, valued at $1,248,246.24. This represents a 8.95% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 17,083 shares of company stock valued at $157,312 over the last three months. Company insiders own 1.00% of the company’s stock.
About O-I Glass
O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.
Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.
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