O I Glass Stock Today

OI Stock  USD 12.93  0.08  0.62%   

Performance

0 of 100

 
Weak
 
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Odds Of Distress

Less than 35

 
High
 
Low
Below Average
O I is trading at 12.93 as of the 24th of November 2024. This is a 0.62 percent increase since the beginning of the trading day. The stock's open price was 12.85. O I has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for O I Glass are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
11th of December 1991
Category
Consumer Cyclical
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 was founded in 1903 and is headquartered in Perrysburg, Ohio. O-I Glass operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. The company has 154.65 M outstanding shares of which 4.99 M shares are now sold short in the market by investors with about 3.69 days to cover all shorted shares. More on O I Glass

O I Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAndres Lopez
Thematic IdeaShipping Containers (View all Themes)
Business ConcentrationMetal, Glass & Plastic Containers, Packaging & Containers, Consumer Cyclical, NYSE Composite, SP Small-Cap 600, Shipping Containers, Materials, Containers & Packaging, Packaging & Containers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.570.7348
Significantly Down
Slightly volatile
Gross Profit Margin0.240.2106
Fairly Up
Pretty Stable
Net Debt4.5 B4.3 B
Notably Up
Slightly volatile
Total Current Liabilities1.9 B2.3 B
Significantly Down
Pretty Stable
Non Current Liabilities Total6.2 B5.6 B
Significantly Up
Slightly volatile
Total Assets9.4 B9.7 B
Fairly Down
Slightly volatile
Total Current Assets2.4 B2.9 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities562.3 M818 M
Way Down
Very volatile
Debt Levels
O I can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand O I's financial leverage. It provides some insight into what part of O I's total assets is financed by creditors.
Liquidity
O I Glass reports 5.17 B of total liabilities with total debt to equity ratio (D/E) of 3.61, which may imply that the company relies heavily on debt financing. O I Glass has a current ratio of 1.44, which is generally considered normal. Note however, debt could still be an excellent tool for O I to invest in growth at high rates of return.

Change In Working Capital

(178.6 Million)
O I Glass (OI) is traded on New York Stock Exchange in USA. It is located in One Michael Owens Way, Perrysburg, OH, United States, 43551 and employs 23,000 people. O I is listed under Metal, Glass & Plastic Containers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 2 B. O I Glass is active under Containers & Packaging sector as part of Materials industry. The entity has 154.65 M outstanding shares of which 4.99 M shares are now sold short in the market by investors with about 3.69 days to cover all shorted shares. O I Glass reports about 773 M in cash with 818 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.24.
Check O I Probability Of Bankruptcy
Ownership Allocation
O I owns a total of 154.65 Million outstanding shares. The majority of O I Glass outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in O I Glass to benefit from reduced commissions. Hence, institutional investors are subject to a different set of regulations than regular investors in O I. Please pay attention to any change in the institutional holdings of O I Glass as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check O I Ownership Details

O I Stock Institutional Holders

InstituionRecorded OnShares
Segall Bryant & Hamill2024-09-30
2.5 M
Lsv Asset Management2024-09-30
2.4 M
Alliancebernstein L.p.2024-06-30
2.4 M
Highland Peak Capital Llc2024-09-30
2.1 M
Goldman Sachs Group Inc2024-06-30
M
Millennium Management Llc2024-06-30
M
Norges Bank2024-06-30
1.8 M
Charles Schwab Investment Management Inc2024-09-30
1.8 M
Northern Trust Corp2024-09-30
1.6 M
Blackrock Inc2024-06-30
24 M
Vanguard Group Inc2024-09-30
19.5 M
View O I Diagnostics

O I Historical Income Statement

As of now, O I's Non Operating Income Net Other is increasing as compared to previous years. The O I's current Discontinued Operations is estimated to increase to about 14.4 M, while Depreciation And Amortization is projected to decrease to under 461.9 M. View More Fundamentals

O I Stock Against Markets

O I Corporate Directors

Gordon HardieIndependent DirectorProfile
Joseph RuppIndependent DirectorProfile
Hari NairIndependent DirectorProfile
Alan MurrayIndependent DirectorProfile
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O I Glass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of O I. If investors know O I will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about O I listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
(2.73)
Revenue Per Share
42.97
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0336
The market value of O I Glass is measured differently than its book value, which is the value of O I that is recorded on the company's balance sheet. Investors also form their own opinion of O I's value that differs from its market value or its book value, called intrinsic value, which is O I's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because O I's market value can be influenced by many factors that don't directly affect O I's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between O I's value and its price as these two are different measures arrived at by different means. Investors typically determine if O I is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, O I's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.