O-I Glass (NYSE:OI) Releases 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 -.

O-I Glass Stock Performance

Shares of O-I Glass stock opened at $12.04 on Friday. The company has a 50 day moving average of $11.53 and a 200-day moving average of $11.85. The company has a market cap of $1.85 billion, a PE ratio of -16.95, a price-to-earnings-growth 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. 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 issued its earnings results on Tuesday, February 4th. The industrial products company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates 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%. As a group, equities research analysts forecast that O-I Glass will post 1.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on OI shares. Wells Fargo & Company dropped their target price 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. Bank of America boosted their target price on shares of O-I Glass from $14.00 to $15.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Citigroup dropped their price target on O-I Glass from $12.00 to $11.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $16.00 price objective on shares of O-I Glass in a research report on Monday, March 17th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company 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.