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 Tuesday morning. The company provided EPS guidance of 1.200-1.500 for the period, compared to the consensus EPS estimate of 1.460. The company issued revenue guidance of -.

O-I Glass Stock Up 1.1 %

OI stock opened at $11.74 on Wednesday. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.77 and a current ratio of 1.23. O-I Glass has a 52-week low of $9.85 and a 52-week high of $17.58. The company has a 50-day moving average of $11.09 and a two-hundred day moving average of $11.96.

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 (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. O-I Glass had a negative net margin of 6.34% and a positive return on equity of 9.16%. Equities analysts anticipate that O-I Glass will post 0.75 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on OI shares. Wells Fargo & Company reduced 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 research note on Monday, January 6th. Citigroup reduced their target price on shares of 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. Barclays reduced their target price on shares of O-I Glass from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Thursday, October 31st. Bank of America increased their price target on shares of O-I Glass from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Finally, Royal Bank of Canada dropped their price target on shares of O-I Glass from $18.00 to $16.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, O-I Glass currently has a consensus rating of “Moderate Buy” and an average target price of $15.38.

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.