O-I Glass, Inc. (OI)
Market Cap | 2.60B |
Revenue (ttm) | 7.11B |
Net Income (ttm) | 560.00M |
Shares Out | 155.27M |
EPS (ttm) | 3.51 |
PE Ratio | 4.77 |
Forward PE | 6.01 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,538,253 |
Open | 17.26 |
Previous Close | 17.05 |
Day's Range | 16.69 - 17.35 |
52-Week Range | 12.68 - 23.57 |
Beta | 1.38 |
Analysts | Buy |
Price Target | 25.22 (+50.75%) |
Earnings Date | Oct 31, 2023 |
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 2022, O-I Glass's revenue was $6.86 billion, an increase of 7.85% compared to the previous year's $6.36 billion. Earnings were $584.00 million, an increase of 291.95%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for OI stock is "Buy." The 12-month stock price forecast is $25.22, which is an increase of 50.75% from the latest price.
News

O-I Glass Announces Third Quarter 2023 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, Sept. 28, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2023 conference call and webcast for Wednesday, November 1, 2023, at 8 a.m. EDT. The Com...

O-I Glass Reports Second Quarter 2023 Results
Strong Execution Drives Improved Operating Performance; Results Exceeded Management Guidance Strong Execution Drives Improved Operating Performance; Results Exceeded Management Guidance

O-I GLASS ANNOUNCES SECOND QUARTER 2023 EARNINGS CONFERENCE CALL AND WEBCAST
PERRYSBURG, Ohio, June 26, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2023 conference call and webcast for Wednesday, August 2, 2023, at 8 a.m. EDT. The Compa...

RECYCLING GROWTH FOR GLASS PACKAGING AMONG KEY INDICATORS HIGHLIGHTED IN O-I 2023 SUSTAINABILITY REPORT
Perrysburg, Ohio, June 15, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) announced today that it has published its 2023 Sustainability Report. The content illustrates O-I's continue...

Owens-Brockway Glass Container Inc. and OI European Group B.V. Announce Results of Cash Tender Offers for Any and All of Certain Outstanding Senior Notes
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 24, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company”), announced today that Owens-Brockway Glass Container Inc...

Owens-Brockway Glass Container Inc. Announces Pricing of Debt Tender Offer
PERRYSBURG, Ohio , May 23, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company” or “OI Glass”) announced today that Owens-Brockway Glass Container Inc., a Delaware ...

Owens-Brockway Glass Container Inc. Offer to Purchase for Cash Any and All 5.375% Senior Notes Due 2025
PERRYSBURG, Ohio, May 15, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (“OI Glass”), announced today that Owens-Brockway Glass Container Inc. (the “Company,” “we,” “us” an...

Owens-Brockway Glass Container Inc. and OI European Group B.V. Announce Upsizing and Pricing of Private Green Bond Offerings
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 12, 2023 (GLOBE NEWSWIRE) -- F OR IMMEDIATE RELEASE Pricing of Dollar Notes Offering O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Gla...

Owens-Brockway Glass Container Inc. and OI European Group B.V. Launch Private Green Bond Offerings of $500 Million and €500 Million, Respectively
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 11, 2023 (GLOBE NEWSWIRE) -- F OR IMMEDIATE RELEASE Offering of Dollar Notes O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Conta...

OWENS-BROCKWAY GLASS CONTAINER INC. OFFER TO PURCHASE FOR CASH ANY AND ALL 5.875% SENIOR NOTES DUE 2023 AND OI EUROPEAN GROUP B.V.
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 11, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) ( “OI Glass”), announced today that Owens-Brockway Glass Container Inc. ...

O-I Glass Celebrates Contributions of Women in Innovation
Perrysburg, OH, April 26, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) joins the World Intellectual Property Organization in recognizing the vital role of innovators worldwide that ...

O-I Glass Reports First Quarter 2023 Results
Results Significantly Exceeded Management Guidance; Substantially Increased Full Year 2023 Outlook Results Significantly Exceeded Management Guidance; Substantially Increased Full Year 2023 Outlook

O-I Breaks Ground on First Purpose-Built Plant for Magma Technology
PERRYSBURG, OH, April 14, 2023 (GLOBE NEWSWIRE) -- PERRYSBURG, Ohio (April 14, 2023) – O-I Glass, Inc. (“O-I Glass” or “O-I”) broke ground today for a state-of-the-art greenfield glass plant in Bowlin...

O-I Glass Announces First Quarter 2023 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, March 30, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2023 conference call and webcast for Wednesday, April 26, 2023, at 8 a.m. EDT. The Compa...

O-I Glass Advances Sustainability and Decarbonization of Plant in Vayres, France
Perrysburg, OH, March 30, 2023 (GLOBE NEWSWIRE) -- PERRYSBURG, Ohio (March 30, 2023) – O-I Glass, Inc. (“O-I Glass” or “O-I”) completed a €50 million investment to advance the sustainability of its pl...

O-I Glass CFO to Present at BofA Securities 2023 Global Agriculture and Materials Conference
PERRYSBURG, Ohio, Feb. 21, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

Top Trades of David Abrams' Firm in the 4th Quarter
David Abrams (Trades, Portfolio), founder of Abrams Capital Management, disclosed in a regulatory portfolio update filing that his firm's top trades during the fourth quarter included the transfer of ...

Stocks This Week: Buy Owens Illinois And Terex
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O-I Glass Reports Full Year and Fourth Quarter 2022 Results
Results Exceeded Management Guidance; Achieved All 2022 Commitments and Key Strategic Objectives; Expect Continued Performance Improvement in 2023 Results Exceeded Management Guidance; Achieved All 20...

Update: O-I PROVIDES INSIDE LOOK AT TRANFORMATIONAL MAGMA GLASS TECHNOLOGY
Perrysburg, OH, Jan. 26, 2023 (GLOBE NEWSWIRE) -- PERRYSBURG, Ohio (January 26, 2023) – O-I Glass, Inc. (“O-I Glass” or “O-I”) today released a video ( https://youtu.be/jajQKkzcD_I) offering a first ...

O-I PROVIDES INSIDE LOOK AT TRANFORMATIONAL MAGMA GLASS TECHNOLOGY
Perrysburg, OH, Jan. 26, 2023 (GLOBE NEWSWIRE) -- PERRYSBURG, Ohio (January 26, 2023) – O-I Glass, Inc. (“O-I Glass” or “O-I”) today released a video ( https://youtu.be/jajQKkzcD_I) offering a first ...

O-I Glass Announces Full Year and Fourth Quarter 2022 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, Jan. 04, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

O-I Glass CEO and CFO to Present at Citi's 2022 Basic Materials Conference
PERRYSBURG, Ohio, Nov. 22, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

O-I Glass Names Global Treasurer
PERRYSBURG, Ohio, Nov. 03, 2022 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) today announced Meena Dafesh has been named Vice President and Global Treasurer for the company, managing the company'...