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

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

O-I Glass Trading Up 1.1 %

OI opened at $11.99 on Thursday. The company has a market cap of $1.85 billion, a P/E ratio of -16.88, a PEG ratio of 0.24 and a beta of 1.20. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 3.78. The company’s 50 day moving average is $11.46 and its 200-day moving average is $11.85. O-I Glass has a 1-year low of $9.85 and a 1-year 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 (EPS) 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%. Equities research analysts predict that O-I Glass will post 1.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on OI shares. Bank of America upped their price target on O-I Glass from $14.00 to $15.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Wells Fargo & Company reduced their price objective 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. Royal Bank of Canada reissued an “outperform” rating and set a $16.00 price objective on shares of O-I Glass in a report on Monday, March 17th. Finally, Citigroup lowered their price target 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. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, O-I Glass presently has an average rating of “Moderate Buy” and an average price target of $15.38.

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.