O-I Glass Inc
General ticker "OI" information:
- Sector: Materials
- Industry: Containers & Packaging
- Capitalization: $1.8B
O-I Glass Inc does not follow the US Stock Market performance with the rate: -14.3%.
Estimated limits based on current volatility of 2.9%: low 9.98$, high 10.58$
Factors to consider:
- US accounted for 25.7% of revenue in the fiscal year ended 2023-12-31
- Current price 15.0% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [11.81$, 19.31$]
- 2024-12-30 to 2025-12-30 estimated range: [12.27$, 19.91$]
Financial Metrics affecting the OI estimates:
- Positive: Non-GAAP EPS, $ of 3.09 > 2.29
- Negative: Operating profit margin, % of 1.01 <= 1.03
- Positive: Operating cash flow per share per price, % of 33.77 > 12.76
- Positive: Inventory ratio change, % of -0.49 <= 0
- Negative: negative Net income
- Positive: Industry inventory ratio change (median), % of -0.56 <= -0.39
Short-term OI quotes
Long-term OI plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $6,329.00MM | $7,262.00MM | $6,650.00MM |
| Operating Expenses | $5,997.00MM | $6,457.00MM | $6,583.00MM |
| Operating Income | $332.00MM | $805.00MM | $67.00MM |
| Interest Expense | $216.00MM | $239.00MM | $342.00MM |
| R&D Expense | $82.00MM | $79.00MM | $92.00MM |
| Income(Loss) | $332.00MM | $805.00MM | $67.00MM |
| Taxes | $167.00MM | $178.00MM | $152.00MM |
| Other Income(Loss) | $7.00MM | $0.00MM | $0.00MM |
| Profit(Loss) | $172.00MM | $627.00MM | $-85.00MM |
| Stockholders Equity | $827.00MM | $1,528.00MM | $1,609.00MM |
| Inventory | $816.00MM | $848.00MM | $1,071.00MM |
| Assets | $8,832.00MM | $9,061.00MM | $9,669.00MM |
| Operating Cash Flow | $687.00MM | $154.00MM | $818.00MM |
| Capital expenditure | $398.00MM | $539.00MM | $688.00MM |
| Investing Cash Flow | $-220.00MM | $-97.00MM | $-683.00MM |
| Financing Cash Flow | $-273.00MM | $6.00MM | $-27.00MM |
| Earnings Per Share* | $0.95 | $3.76 | $-0.67 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.