O-I Glass, Inc is a packaging & containers business based in the US. O-I Glass shares (OI) are listed on the NYSE and all prices are listed in US Dollars. O-I Glass employs 25,000 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in O-I Glass
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O-I Glass stock price (NYSE: OI)Use our graph to track the performance of OI stocks over time.
O-I Glass shares at a glance
|Latest market close||$18.43|
|52-week range||$9.10 - $19.46|
|50-day moving average||$16.17|
|200-day moving average||$15.09|
|Wall St. target price||$17.00|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.64|
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Is it a good time to buy O-I Glass stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
O-I Glass price performance over time
|1 week (2021-07-24)||N/A|
|1 month (2021-07-02)||11.97%|
|3 months (2021-05-04)||6.29%|
|6 months (2021-01-31)||N/A|
|1 year (2020-07-31)||N/A|
|2 years (2019-07-31)||N/A|
|3 years (2018-07-31)||N/A|
|5 years (2016-07-31)||N/A|
Is O-I Glass under- or over-valued?
Valuing O-I Glass stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of O-I Glass's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
O-I Glass's P/E ratio
O-I Glass's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, O-I Glass shares trade at around 23x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
O-I Glass's PEG ratio
O-I Glass's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.6208. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into O-I Glass's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
O-I Glass's EBITDA
O-I Glass's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $846 million.
The EBITDA is a measure of a O-I Glass's overall financial performance and is widely used to measure a its profitability.
O-I Glass financials
|Revenue TTM||$6 billion|
|Operating margin TTM||7.55%|
|Gross profit TTM||$972 million|
|Return on assets TTM||3.1%|
|Return on equity TTM||69.82%|
|Market capitalisation||$2.3 billion|
TTM: trailing 12 months
Shorting O-I Glass shares
There are currently 5.0 million O-I Glass shares held short by investors – that's known as O-I Glass's "short interest". This figure is 17.2% down from 6.0 million last month.
There are a few different ways that this level of interest in shorting O-I Glass shares can be evaluated.
O-I Glass's "short interest ratio" (SIR)
O-I Glass's "short interest ratio" (SIR) is the quantity of O-I Glass shares currently shorted divided by the average quantity of O-I Glass shares traded daily (recently around 1.1 million). O-I Glass's SIR currently stands at 4.42. In other words for every 100,000 O-I Glass shares traded daily on the market, roughly 4420 shares are currently held short.
However O-I Glass's short interest can also be evaluated against the total number of O-I Glass shares, or, against the total number of tradable O-I Glass shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case O-I Glass's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 O-I Glass shares in existence, roughly 30 shares are currently held short) or 0.0319% of the tradable shares (for every 100,000 tradable O-I Glass shares, roughly 32 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against O-I Glass.
Find out more about how you can short O-I Glass stock.
O-I Glass share dividends
We're not expecting O-I Glass to pay a dividend over the next 12 months.
O-I Glass share price volatility
Over the last 12 months, O-I Glass's shares have ranged in value from as little as $9.1 up to $19.46. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while O-I Glass's is 1.7775. This would suggest that O-I Glass's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
O-I Glass overview
O-I Glass, Inc. , through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. 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. The company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was founded in 1903 and is headquartered in Perrysburg, Ohio.
Stocks similar to O-I Glass
O-I Glass in the news
Earnings Scheduled For August 3, 2021
O-I Glass (OI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Consumer Desire for 'Better for You' Beverages Persists Through Pandemic
Frequently asked questionsWhat percentage of O-I Glass is owned by insiders or institutions?
Currently 1.049% of O-I Glass shares are held by insiders and 95.305% by institutions. How many people work for O-I Glass?
Latest data suggests 25,000 work at O-I Glass. When does the fiscal year end for O-I Glass?
O-I Glass's fiscal year ends in December. Where is O-I Glass based?
O-I Glass's address is: One Michael Owens Way, Perrysburg, OH, United States, 43551-2999 What is O-I Glass's ISIN number?
O-I Glass's international securities identification number is: US67098H1041 What is O-I Glass's CUSIP number?
O-I Glass's Committee on Uniform Securities Identification Procedures number is: 67098H104
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