O-I Glass Inc

Company Profile

O-I Glass Inc had its IPO on 1991-12-11 under the ticker symbol OI.

The company operates in the Consumer Cyclical sector and Packaging & Containers industry. O-I Glass Inc has a staff strength of 24,000 employees.

Stock update

Shares of O-I Glass Inc opened at $18.45 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $18.3 - $18.66, and closed at $18.55.

This is a +0.38% increase from the previous day's closing price.

A total volume of 982,262 shares were traded at the close of the day’s session.

In the last one week, shares of O-I Glass Inc have slipped by -8.53%.

O-I Glass Inc's Key Ratios

O-I Glass Inc has a market cap of $2.91 billion, indicating a price to book ratio of 1.9232 and a price to sales ratio of 0.3723.

In the last 12-months O-I Glass Inc’s revenue was $7.11 billion with a gross profit of $1.21 billion and an EBITDA of $1.23 billion. The EBITDA ratio measures O-I Glass Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, O-I Glass Inc’s operating margin was 11.73% while its return on assets stood at 5.55% with a return of equity of 33.63%.

In Q2, O-I Glass Inc’s quarterly earnings growth was a negative -56.6% while revenue growth was a positive 6.3%.

O-I Glass Inc’s PE and PEG Ratio

Forward PE

7.1174

Trailing PE

5.341

PEG

0.6208

Its diluted EPS in the last 12-months stands at $3.46 per share while it has a forward price to earnings multiple of 7.1174 and a PEG multiple of 0.6208. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into O-I Glass Inc’s profitability.

O-I Glass Inc stock is trading at a EV to sales ratio of 0.986 and a EV to EBITDA ratio of 4.3415. Its price to sales ratio in the trailing 12-months stood at 0.3723.

O-I Glass Inc stock pays annual dividends of $0 per share, indicating a yield of 2.58% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$9.91 billion

Total Liabilities

$2.13 billion

Operating Cash Flow

$-168000000.00

Capital Expenditure

$173 million

Dividend Payout Ratio

0%

O-I Glass Inc ended 2024 with $9.91 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.91 billion while shareholder equity stood at $2.14 billion.

O-I Glass Inc ended 2024 with $0 in deferred long-term liabilities, $2.13 billion in other current liabilities, 2000000.00 in common stock, $1.20 billion in retained earnings and $1.90 billion in goodwill. Its cash balance stood at $754.00 million and cash and short-term investments were $754.00 million. The company’s total short-term debt was $242,000,000 while long-term debt stood at $4.78 billion.

O-I Glass Inc’s total current assets stands at $3.04 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $984.00 million compared to accounts payable of $1.32 billion and inventory worth $1.04 billion.

In 2024, O-I Glass Inc's operating cash flow was $-168000000.00 while its capital expenditure stood at $173 million.

Comparatively, O-I Glass Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$18.55

52-Week High

$23.57

52-Week Low

$12.05

Analyst Target Price

$26.5

O-I Glass Inc stock is currently trading at $18.55 per share. It touched a 52-week high of $23.57 and a 52-week low of $23.57. Analysts tracking the stock have a 12-month average target price of $26.5.

Its 50-day moving average was $20.78 and 200-day moving average was $20.53 The short ratio stood at 2.22 indicating a short percent outstanding of 0%.

Around 101% of the company’s stock are held by insiders while 9598.1% are held by institutions.