Zacks Research Brokers Boost Earnings Estimates for O-I Glass, Inc. (NYSE:OI)

O-I Glass, Inc. (NYSE:OI) – Analysts at Zacks Research boosted their Q3 2025 earnings estimates for O-I Glass in a report issued on Monday, October 14th. Zacks Research analyst M. Das now expects that the industrial products company will earn $0.53 per share for the quarter, up from their prior forecast of $0.52. The consensus estimate for O-I Glass’ current full-year earnings is $1.13 per share. Zacks Research also issued estimates for O-I Glass’ FY2025 earnings at $1.91 EPS.

O-I Glass (NYSE:OI) last released its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.01. O-I Glass had a positive return on equity of 15.64% and a negative net margin of 4.32%. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the prior year, the firm earned $0.88 EPS. The company’s revenue was down 8.5% compared to the same quarter last year.

A number of other analysts have also recently commented on the stock. Barclays reduced their target price on shares of O-I Glass from $15.00 to $14.00 and set an “equal weight” rating for the company in a report on Thursday, August 1st. StockNews.com raised O-I Glass from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Royal Bank of Canada decreased their price objective on O-I Glass from $20.00 to $18.00 and set an “outperform” rating on the stock in a research note on Monday, August 5th. Truist Financial reaffirmed a “buy” rating and set a $16.00 price objective (down from $17.00) on shares of O-I Glass in a research report on Thursday, August 1st. Finally, UBS Group decreased their target price on shares of O-I Glass from $26.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, O-I Glass has an average rating of “Moderate Buy” and a consensus price target of $16.63.

O-I Glass Price Performance

NYSE OI opened at $12.77 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 1.26 and a debt-to-equity ratio of 2.85. The firm has a market capitalization of $1.99 billion, a P/E ratio of -8.03, a PEG ratio of 1.88 and a beta of 1.17. The company has a 50-day moving average price of $12.57 and a 200-day moving average price of $12.73. O-I Glass has a 52 week low of $10.08 and a 52 week high of $17.58.

Insiders Place Their Bets

In other news, Director John Humphrey bought 15,000 shares of O-I Glass stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average cost of $11.30 per share, with a total value of $169,500.00. Following the completion of the acquisition, the director now owns 84,227 shares of the company’s stock, valued at $951,765.10. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.49% of the company’s stock.

Institutional Investors Weigh In On O-I Glass

Several large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its position in shares of O-I Glass by 8.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,474,863 shares of the industrial products company’s stock valued at $24,158,000 after buying an additional 115,728 shares in the last quarter. Thompson Investment Management Inc. boosted its holdings in shares of O-I Glass by 84.2% in the 1st quarter. Thompson Investment Management Inc. now owns 393,883 shares of the industrial products company’s stock worth $6,535,000 after purchasing an additional 180,093 shares during the period. Hennessy Advisors Inc. raised its holdings in O-I Glass by 44.0% during the 1st quarter. Hennessy Advisors Inc. now owns 204,300 shares of the industrial products company’s stock valued at $3,389,000 after buying an additional 62,400 shares during the period. Diversified Trust Co lifted its position in O-I Glass by 15.1% in the first quarter. Diversified Trust Co now owns 45,772 shares of the industrial products company’s stock worth $759,000 after buying an additional 6,020 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in O-I Glass during the first quarter valued at $2,258,000. Institutional investors own 97.24% of the company’s stock.

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.