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

O-I Glass (NYSE:OI) updated its FY 2025 earnings guidance on Tuesday. 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 -.

Analysts Set New Price Targets

Several equities analysts have commented on OI shares. StockNews.com raised shares of O-I Glass from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Royal Bank of Canada dropped their target price on O-I Glass from $18.00 to $16.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Citigroup cut their target price 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. Barclays lowered their price target 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. Finally, Wells Fargo & Company cut their price objective 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 investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, O-I Glass currently has an average rating of “Moderate Buy” and an average target price of $15.38.

O-I Glass Stock Up 1.1 %

NYSE:OI traded up $0.13 during trading hours on Tuesday, reaching $11.74. The company’s stock had a trading volume of 1,883,745 shares, compared to its average volume of 1,403,047. 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 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 has a one year low of $9.85 and a one year high of $17.58. The business’s 50-day moving average is $11.11 and its 200-day moving average is $11.96.

O-I Glass (NYSE:OI) last posted its earnings results 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 positive return on equity of 9.16% and a negative net margin of 6.34%. Equities research analysts predict that O-I Glass will post 0.75 EPS 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.