What is Zacks Research’s Forecast for O-I Glass Q1 Earnings?

O-I Glass, Inc. (NYSE:OI) – Zacks Research lowered their Q1 2025 earnings per share estimates for shares of O-I Glass in a research report issued on Tuesday, November 12th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $0.19 for the quarter, down from their previous estimate of $0.29. The consensus estimate for O-I Glass’ current full-year earnings is $0.75 per share. Zacks Research also issued estimates for O-I Glass’ Q3 2025 earnings at $0.54 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.60 EPS and FY2026 earnings at $1.98 EPS.

O-I Glass (NYSE:OI) last issued its earnings results on Tuesday, October 29th. The industrial products company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.08). The business had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.76 billion. O-I Glass had a positive return on equity of 9.16% and a negative net margin of 6.34%. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 earnings per share.

Several other analysts also recently issued reports on the stock. Bank of America raised shares of O-I Glass from a “neutral” rating to a “buy” rating and lifted their price target for the company from $14.00 to $16.00 in a research report on Thursday, October 17th. Citigroup lifted their price target on O-I Glass from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Barclays lowered their price objective on 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. Robert W. Baird cut their target price on O-I Glass from $22.00 to $18.00 and set an “outperform” rating on the stock in a research report on Thursday, August 1st. Finally, Truist Financial reiterated a “buy” rating and set a $16.00 price target (down previously from $17.00) on shares of O-I Glass in a report on Thursday, August 1st. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $16.25.

O-I Glass Stock Down 1.3 %

Shares of NYSE:OI opened at $12.97 on Thursday. 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 $10.08 and a 52-week high of $17.58. The business’s 50 day simple moving average is $12.68 and its two-hundred day simple moving average is $12.27. The firm has a market cap of $2.01 billion, a P/E ratio of -4.70 and a beta of 1.20.

Institutional Trading of O-I Glass

A number of large investors have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. purchased a new position in O-I Glass in the third quarter valued at about $27,000. Headlands Technologies LLC bought a new stake in shares of O-I Glass in the 1st quarter worth approximately $39,000. GAMMA Investing LLC lifted its stake in O-I Glass by 371.0% in the third quarter. GAMMA Investing LLC now owns 2,402 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 1,892 shares during the last quarter. Newbridge Financial Services Group Inc. grew its holdings in O-I Glass by 1,337.5% during the second quarter. Newbridge Financial Services Group Inc. now owns 2,875 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 2,675 shares during the period. Finally, Bessemer Group Inc. increased its position in O-I Glass by 40.2% in the first quarter. Bessemer Group Inc. now owns 4,597 shares of the industrial products company’s stock worth $76,000 after buying an additional 1,318 shares during the last quarter. Hedge funds and other institutional investors own 97.24% of the company’s stock.

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.