O-I Glass, Inc. (OI)
Market Cap | 1.78B |
Revenue (ttm) | 6.53B |
Net Income (ttm) | -106.00M |
Shares Out | 154.07M |
EPS (ttm) | -0.69 |
PE Ratio | n/a |
Forward PE | 8.80 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 85,795 |
Open | 11.27 |
Previous Close | 11.76 |
Day's Range | 11.14 - 11.85 |
52-Week Range | 9.85 - 17.58 |
Beta | 1.23 |
Analysts | Buy |
Price Target | 15.38 (+33.22%) |
Earnings Date | Feb 4, 2025 |
About OI
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. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its produc... [Read more]
Financial Performance
In 2024, O-I Glass's revenue was $6.53 billion, a decrease of -8.08% compared to the previous year's $7.11 billion. Losses were -$106.00 million, 2.91% more than in 2023.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for OI stock is "Buy." The 12-month stock price forecast is $15.38, which is an increase of 33.22% from the latest price.
News
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O-I GLASS SEEKS TO POSITION HOLZMINDEN FOR STRONG FUTURE
PERRYSBURG, Ohio / HOLZMINDEN, Germany , Feb. 06, 2025 (GLOBE NEWSWIRE) -- - As part of its vision to reshape the company and become the most competitive glass maker in the industry, O-I Glass, Inc. (...
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O-I Glass, Inc. (OI) Q4 2024 Earnings Call Transcript
O-I Glass, Inc. (NYSE:OI) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Chris Manuel - VP of IR Gordon Hardie - CEO John Haudrich - CFO Conference Call Participant...
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O-I Glass Reports Full Year and Fourth Quarter 2024 Results
PERRYSBURG, Ohio, Feb. 04, 2025 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
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O-I Glass: The Reasons To Upgrade This Name Are As Clear As Glass
Despite recent stock declines, O-I Glass stock remains a strong buy due to its industry leadership, significant cash flows, and ongoing strategic investments. O-I Glass experienced revenue growth duri...
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O-I GLASS ANNOUNCES FULL YEAR AND FOURTH QUARTER 2024 EARNINGS CONFERENCE CALL AND WEBCAST
PERRYSBURG, Ohio, Jan. 08, 2025 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2024 conference call and webcast for Wednesday, February 5, 2025, at 8 a.m...
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O-I Glass to Present at Citi's 2024 Basic Materials Conference
PERRYSBURG, Ohio, Nov. 26, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced the Company will participate in Citi's 2024 Basic Materials Conference on Wednesday, December...
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O-I Glass: Weakness Persists In Q3 And Beyond (Rating Downgrade)
O-I Glass' Q3 was weak, as the company had weak pricing and volumes declined in Europe. In addition, production capacity adjustments weighed towards weak profitability. The market weakness is expected...
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O-I Glass, Inc. (OI) Q3 2024 Earnings Call Transcript
O-I Glass, Inc. (NYSE:OI) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Chris Manuel - IR Gordon Hardie - CEO John Haudrich - CFO Conference Call Participants Ghan...
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O-I GLASS REPORTS THIRD QUARTER 2024 RESULTS
PERRYSBURG, Ohio, Oct. 29, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE Rapidly Implementing Fit To Win Priorities to Drive Improved Performance in 2025 and Beyond Bus...
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O-I Glass Announces Third Quarter 2024 Earnings Conference Call and Webcast
PERRYSBURG, Ohio , Oct. 02, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2024 conference call and webcast for Wednesday, October 30, 2024, at 8 a.m. EDT. The Com...
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O-I Glass to Present at UBS Global Materials Conference
PERRYSBURG, Ohio, Aug. 26, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced the Company will participate in UBS Global Materials Conference on Wednesday, September 4, 20...
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O-I Glass, Inc. (OI) Q2 2024 Earnings Call Transcript
O-I Glass, Inc. (NYSE:OI) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Chris Manuel - Vice President of Investor Relations Gordon Hardie - President and Chief Execut...
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O-I GLASS REPORTS SECOND QUARTER 2024 RESULTS
Gradually Improving Demand Amid Soft Macro Conditions; New CEO Outlines Top Priorities Gradually Improving Demand Amid Soft Macro Conditions; New CEO Outlines Top Priorities
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Why O-I Glass Will Thrive As The Market Improves
O-I is facing an excruciating period of destocking and soft consumer demand, with disappointing revenues. Decreasing shipments and volatile energy costs are increasing operating costs. However, manage...
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O-I Glass: There's Incredibly Risky Potential
O-I Glass, Inc. has reported weak financials due to weak recent industry trends. The company anticipates a gradual recovery with stable y/y volumes in Q2, but I believe that investors should be cautio...
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O-I Glass Announces Second Quarter 2024 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, July 03, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2024 conference call and webcast for Wednesday, July 31, 2024, at 8 a.m. EDT. The Compan...
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O-I Glass Plans Technology & Sustainability Transformation of its Alloa, UK Plant
Perrysburg, Ohio, July 02, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) plans a major transformation of its Alloa, UK manufacturing plant into an even more technologically advanced...
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Innovation Drives O-I Sustainability Progress
Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious Sustainability Goals Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious...
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O-I GLASS AND GRIDBEYOND ESTABLISH INNOVATIVE BATTERY STORAGE SYSTEM IN ALLOA, UK
Energy storage system at O-I's Alloa, UK, plant helps balance the grid, reduces peak load, optimizes the use of renewable electricity, and increases O-I's resilience against brownouts Energy storage s...
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O-I Glass to Invest $65 Million in Electrification and Decarbonization in Veauche, France
PERRYSBURG, OH/VEAUCHE, FRANCE, June 18, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) plans to invest approximately $65 Million into the electrification and decarbonization of its p...
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O-I GLASS TRANSFORMS PROCESSING OF RECYCLED GLASS WITH INNOVATIVE MOBILE SYSTEM
Perrysburg, Ohio, June 06, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I” has completed the development and testing of a transformative, low-cost mobile glass processing machine that ...
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OI European Group B.V. Announces Results of Cash Tender Offer for Any and All of its Outstanding 2.875% Senior Notes due 2025
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 24, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company”), announced today that OI European Group B.V. (“OIEG”, “w...
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Top 3 Materials Stocks That Are Set To Fly This Quarter - O-I Glass (NYSE:OI)
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
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Owens-Brockway Glass Container Inc. Announces Pricing of Senior Notes Offering
PERRYSBURG, Ohio, May 20, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OBGC”), an indirect wholly owned subsidiar...