News
OI
13.17
+0.61%
0.08
O-I Glass, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
O-I Glass, Inc. Has seen its share price drop 12% in the last week after disappointing quarterly results. The company reported revenues of US$1.6b, but earnings were 21% ahead of expectations. The analysts have updated their forecasts for the company's revenues and earnings per share for 2024. O-I glass is expected to grow slower than the wider industry. Also, the analysts have cut their price target for the stock to US$19.33.
Simply Wall St · 2d ago
Silgan Holdings: Earnings Are Proof That There Are Better Prospects Out There
Silgan Holdings Inc.'s financial results for Q1 2024 were disappointing, with a decline in revenue and earnings compared to the previous year. The company's stock has dipped by 2.2% since my downgrade to a "Hold" rating, underperforming the S&P 500. Silgan Holdings is a packaging company that produces metal containers.
Seeking Alpha · 2d ago
O-I Glass Price Target Cut to $21.00/Share From $25.00 by RBC Capital
Dow Jones · 3d ago
O-I Glass Is Maintained at Outperform by RBC Capital
Dow Jones · 3d ago
RBC Capital Maintains Outperform on O-I Glass, Lowers Price Target to $21
Benzinga · 3d ago
O-I Glass: Guidance Cut Creates New Buy Opportunity
O-I Glass's Q1 results showed pressure from customer destocking, with gross profit falling by about a third. The company reduced its full-year guidance, leading to a disappointing market reaction. The packaging and container company's operating cash flow was positive in the first quarter. O-I's stock is trading 40% below its July 2023 high.
Seeking Alpha · 3d ago
O-I Glass Price Target Cut to $19.00/Share From $22.00 by Wells Fargo
Dow Jones · 3d ago
O-I Glass Is Maintained at Overweight by Wells Fargo
Dow Jones · 3d ago
Wells Fargo Maintains Overweight on O-I Glass, Lowers Price Target to $19
Benzinga · 3d ago
O-I Glass Price Target Cut to $17.00/Share From $20.00 by Truist Securities
Dow Jones · 3d ago
Truist Securities Reiterates Buy on O-I Glass, Lowers Price Target to $17
Benzinga · 3d ago
QUALCOMM To Rally Around 22%? Here Are 10 Top Analyst Forecasts For Thursday
Jefferies raised the price target for First Solar, Inc. (NASDAQ:FSLR) to $211. First Solar shares rose 0.7% to close at $177.58 on Wednesday. DA Davidson slashed Fastly, Inc.'s price target from $24 to $8.5. Wolfe Research raised QUALCOMM Incorporated's price target to $200. Mastercard Inc. Shares fell 2% to $478.
Benzinga · 3d ago
Loop Capital Markets Sticks to Its Hold Rating for O-I Glass (OI)
TipRanks · 3d ago
O-I Glass Is Maintained at Outperform by Baird
Dow Jones · 3d ago
O-I Glass Price Target Cut to $22.00/Share From $28.00 by Baird
Dow Jones · 3d ago
Baird Maintains Outperform on O-I Glass, Lowers Price Target to $22
Benzinga · 3d ago
Analysts Are Bullish on These Consumer Cyclical Stocks: Gildan Activewear (GIL), O-I Glass (OI)
TipRanks · 3d ago
Buy Rating Affirmed for O-I Glass Amidst Market Challenges: A Recovery Opportunity
TipRanks · 3d ago
O-I Glass Becomes Oversold (OI)
NASDAQ · 3d ago
O-I Glass Down Over 16%, on Pace for Largest Percent Decrease Since April 2020 -- Data Talk
O-I Glass Inc ( OI ) is currently at $12.51, down $2.45 or 16.38%. Down 79.12% from its all-time closing high of $59.90 on April 21, 2008. Down 23.63% year-to-date.
Dow Jones · 4d ago
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About OI
O-I Glass, Inc. is a manufacturer of glass container products. The Company’s segments include the Americas and Europe. The Company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The Company also produces glass packaging for a variety of food items, soft drinks, teas, juices, and pharmaceuticals. The Company manufactures glass containers in a range of sizes, shapes, and colors. Its customers consist of food and beverage manufacturers, including Anheuser-Busch InBev, Brown-Forman, Carlsberg, Coca-Cola, Constellation, Diageo, Heineken, Molson Coors, Nestle, PepsiCo and Pernod Ricard. It has glass container manufacturing plants in the Americas region located in Brazil, Canada, Colombia, Ecuador, Mexico, Czech Republic, France, Germany, Hungary and the United States. It has a distribution facility in the United States used to import glass containers from its business in Mexico. It has approximately 69 plants in 19 countries.