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 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 -.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on OI. Bank of America boosted their target price on shares of O-I Glass from $14.00 to $15.00 and gave the company a “buy” rating in a report on Monday, January 6th. Royal Bank of Canada restated an “outperform” rating and set a $16.00 target price on shares of O-I Glass in a research report on Monday, March 17th. Citigroup lowered their target price on O-I Glass from $12.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Finally, 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 research report on Monday, January 6th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $15.38.

O-I Glass Stock Performance

NYSE OI opened at $12.04 on Friday. The company has a market cap of $1.85 billion, a P/E ratio of -16.95, a PEG ratio of 0.24 and a beta of 1.20. The company has a fifty day simple moving average of $11.53 and a 200 day simple moving average of $11.85. 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 12-month low of $9.85 and a 12-month high of $17.58.

O-I Glass (NYSE:OI) last issued its quarterly earnings data 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 1.62% and a positive return on equity of 8.27%. Sell-side analysts predict that O-I Glass will post 1.33 earnings per share for the current fiscal 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.