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

O-I Glass (NYSE:OI) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.200-1.500 for the period, compared to the consensus EPS estimate of 1.340. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several analysts recently commented on OI shares. Bank of America increased their price objective on shares of O-I Glass from $14.00 to $15.00 and gave the company a “buy” rating in a research report on Monday, January 6th. Royal Bank of Canada reissued an “outperform” rating and set a $16.00 price target on shares of O-I Glass in a research report on Monday, March 17th. 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 research report on Monday, January 6th. Finally, Wells Fargo & Company reduced their target price on O-I Glass from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $15.38.

O-I Glass Trading Down 0.7 %

Shares of OI stock opened at $11.86 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 3.78. O-I Glass has a 12-month low of $9.85 and a 12-month high of $17.58. The stock has a market capitalization of $1.83 billion, a P/E ratio of -16.70, a P/E/G ratio of 0.24 and a beta of 1.20. The firm’s 50 day moving average is $11.43 and its 200 day moving average is $11.86.

O-I Glass (NYSE:OI) last released its quarterly earnings results on Tuesday, February 4th. The industrial products company reported ($0.05) earnings per share 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%. Research analysts expect that O-I Glass will post 1.33 earnings per share for the current year.

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.