OI - Owens-Illinois Inc Stock Price, Fair Value and News

13.42USD+0.02 (+0.15%)Delayed as of 09 May 2024, 01:24 pm ET

Market Summary

USD13.42+0.02

Delayedas of 09 May 2024, 01:24 pm

0.15%

OI Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

OI Stock Price

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OI RSI Chart

OI Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

-8.8

Price/Sales (Trailing)

0.3

EV/EBITDA

3.69

Price/Free Cashflow

-32.1

OI Price/Sales (Trailing)

OI Profitability

Operating Margin

17.13%

EBT Margin

11.58%

Return on Equity

-12.98%

Return on Assets

-2.52%

Free Cashflow Yield

-3.12%

OI Fundamentals

OI Revenue

Revenue (TTM)

6.9B

Rev. Growth (Yr)

-13%

Rev. Growth (Qtr)

-2.93%

OI Earnings

Earnings (TTM)

-237.0M

Earnings Growth (Yr)

-65.05%

Earnings Growth (Qtr)

115.32%

Breaking Down OI Revenue

52 Week Range

13.3623.57

(Low)(High)

Last 7 days

6.4%

Last 30 days

-13.7%

Last 90 days

-16.9%

Trailing 12 Months

-37.2%

How does OI drawdown profile look like?

OI Financial Health

Current Ratio

1.02

Debt/Equity

2.26

Debt/Cashflow

0.18

OI Investor Care

Dividend Yield

0.4%

Dividend/Share (TTM)

0.05

Shares Dilution (1Y)

0.66%

Diluted EPS (TTM)

-1.52

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	6.9B	0	0	0
2023	7.0B	7.1B	7.2B	7.1B
2022	6.5B	6.7B	6.8B	6.9B
2021	6.0B	6.3B	6.3B	6.4B
2020	6.6B	6.3B	6.2B	6.1B
2019	6.8B	6.8B	6.7B	6.7B
2018	7.0B	7.0B	7.0B	6.9B
2017	6.7B	6.7B	6.8B	6.9B
2016	5.0B	5.2B	5.3B	6.7B
2015	6.6B	6.3B	6.1B	4.8B
2014	7.0B	7.0B	6.9B	6.8B
2013	6.9B	6.9B	7.0B	7.0B
2012	7.4B	7.2B	7.1B	7.0B
2011	6.8B	7.1B	7.3B	7.4B
2010	6.7B	6.5B	6.4B	6.6B
2009	7.1B	6.7B	6.6B	6.7B
2008	0	7.6B	7.5B	7.5B
2007	0	0	0	7.6B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Owens-Illinois Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	aujouannet arnaud	acquired	-	-	41,781	svp & chief sales & marketing
Mar 07, 2024	lopez andres alberto	sold (taxes)	-5,241,070	16.2	-323,523	president & ceo
Mar 07, 2024	haudrich john	acquired	-	-	195,168	svp & chief financial officer
Mar 07, 2024	haudrich john	sold (taxes)	-1,514,750	16.2	-93,503	svp & chief financial officer
Mar 07, 2024	lopez andres alberto	acquired	-	-	566,953	president & ceo
Mar 07, 2024	abrahams darrow a	sold (taxes)	-599,027	16.2	-36,977	svp, gc & corporate secretary
Mar 07, 2024	torno vitaliano	acquired	-	-	81,364	president, bus ops & oi europe
Mar 07, 2024	abrahams darrow a	acquired	-	-	79,462	svp, gc & corporate secretary
Dec 01, 2023	abrahams darrow a	sold (taxes)	-20,368	14.76	-1,380	svp, gc & corporate secretary
Jun 07, 2023	lopez andres alberto	sold	-1,715,760	22.5366	-76,132	president & ceo

Which funds bought or sold OI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Illinois Municipal Retirement Fund	added	4.94	91,000	1,538,000	0.02%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	added	2.12	298,080	8,986,690	0.05%
May 07, 2024	SEI INVESTMENTS CO	added	125	623,589	1,110,510	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-80.49	-1,201,300	295,899	-%
May 07, 2024	Smithfield Trust Co	unchanged	-	-	4,000	-%
May 07, 2024	Swiss National Bank	unchanged	-	64,160	5,068,640	-%
May 07, 2024	Headlands Technologies LLC	new	-	38,539	38,539	0.01%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-4.79	-306,000	8,267,000	0.01%
May 07, 2024	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	new	-	1,021,180	1,021,180	0.05%
May 07, 2024	Arizona State Retirement System	reduced	-1.9	-4,567	705,457	-%

Are Funds Buying or Selling OI?

Are funds buying OI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OI

No. of Funds

Unveiling Owens-Illinois Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.37%	19,140,439	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 22, 2024	blackrock inc.	16.2%	24,988,496	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	12.61%	19,560,317	SC 13G/A
Jan 23, 2023	blackrock inc.	15.9%	24,610,123	SC 13G/A
Feb 14, 2022	russell investments group, ltd.	11%	170,272	SC 13G/A
Feb 10, 2022	vanguard group inc	12.10%	18,970,857	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Jan 27, 2022	blackrock inc.	15.6%	24,456,848	SC 13G/A

Recent SEC filings of Owens-Illinois Inc

View All Filings

Date Filed	Form Type	Document
May 01, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 05, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Apr 04, 2024	8-K	Current Report
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading

Peers (Alternatives to Owens-Illinois Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PKG	16.0T	7.8B	-6.40%	33.86%	22.2K	2.1K	-6.16%	-25.24%
AVY	18.1B	8.5B	3.18%	32.33%	32.72	2.15	-3.48%	-18.51%
AMCR	14.8B	13.8B	11.58%	-0.97%	22.6	1.07	-7.72%	-33.16%
IP	13.7B	18.5B	2.88%	22.38%	79.38	0.74	-11.60%	-86.93%
MID-CAP
CCK	10.1B	11.8B	9.14%	1.03%	24.16	0.86	-7.33%	-33.86%
GPK	8.5B	9.2B	-3.85%	7.66%	12.49	0.92	-3.99%	9.49%
REYN	6.0B	3.7B	1.77%	5.04%	18.31	1.63	-3.42%	47.98%
SEE	5.4B	5.5B	10.88%	-13.23%	14.9	0.99	-1.86%	-10.54%
SLGN	5.0B	5.9B	-3.75%	-1.36%	16.05	0.84	-7.84%	-5.76%
OI	2.1B	6.9B	-13.67%	-37.22%	-8.8	0.3	-1.83%	-133.76%
SMALL-CAP
TRS	1.1B	905.2M	1.26%	4.76%	26.54	1.19	1.58%	-28.68%
MYE	667.8M	804.4M	-19.43%	-5.62%	16.95	0.83	-9.59%	-29.54%
PACK	594.5M	340.4M	-7.72%	133.55%	-26.07	1.75	4.67%	42.57%
TUP	57.7M	1.1B	11.82%	41.22%	-0.12	0.04	-17.21%	-907.42%
DSS	11.7M	30.3M	-17.00%	-60.48%	-0.15	0.39	-36.04%	-34.70%

Owens-Illinois Inc News

Latest updates

Owens-Illinois Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.9%	1,593	1,641	1,743	1,890	1,831	1,693	1,693	1,778	1,692	1,588	1,609	1,660	1,500	1,496	1,616	1,418	1,561	1,628	1,670	1,756	1,638
Gross Profit	37.4%	318	232	364	416	484	259	325	325	304	238	302	306	244	264	277	163	268	276	299	336	298
S&GA Expenses	6.0%	123	116	134	143	147	126	128	123	119	108	108	116	102	95.00	95.00	97.00	116	100	108	116	115
R&D Expenses	-20.8%	21.00	27.00	24.00	22.00	19.00	23.00	14.00	20.00	23.00	26.00	19.00	19.00	18.00	30.00	16.00	13.00	16.00	18.00	16.00	18.00	16.00
EBITDA Margin	4.6%	0.22*	0.21*	0.21*	0.21*	0.20*	0.13*	0.14*	0.14*	0.14*	0.14*	0.13*	0.17*	0.14*	0.16*	0.17*	0.03*	0.06*	0.07*	-	-	-
Interest Expenses	-0.6%	78.00	79.00	78.00	118	68.00	64.00	63.00	46.00	66.00	63.00	50.00	52.00	51.00	53.00	61.00	98.00	53.00	96.00	83.00	68.00	65.00
Income Taxes	64.0%	41.00	25.00	26.00	41.00	60.00	15.00	43.00	72.00	48.00	23.00	43.00	75.00	26.00	40.00	41.00	-18.00	26.00	33.00	31.00	27.00	27.00
Earnings Before Taxes	-	235	-	-	-	398	-	-	-	-	72.00	127	198	-65.00	15.00	376	-119	81.00	66.00	-536	98.00	111
EBT Margin	3.5%	0.12*	0.11*	0.11*	0.11*	0.11*	0.05*	0.05*	0.05*	0.05*	0.05*	0.04*	0.08*	0.03*	0.06*	0.06*	-0.08*	-0.04*	-0.04*	-	-	-
Net Income	115.3%	72.00	-470	51.00	110	206	13.00	231	252	88.00	43.00	85.00	118	-97.00	-28.50	328	-101	50.00	31.00	-575	65.00	79.00
Net Income Margin	-138.1%	-0.03*	-0.01*	0.05*	0.08*	0.10*	0.09*	0.09*	0.07*	0.05*	0.02*	0.01*	0.05*	0.02*	0.04*	0.05*	-0.09*	-0.06*	-0.06*	-	-	-
Free Cashflow	-405.7%	-483	158	142	118	-288	185	471	90.00	-169	101	220	117	-149	264	205	112	-435	559	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Assets	-2.7%	9,409	9,669	9,735	9,911	9,425	9,061	8,644	8,759	8,873	8,877	8,832	8,766	8,874	8,825	8,882	8,624	9,579	9,504	9,610	9,548	10,723
Current Assets	-7.8%	2,660	2,884	2,899	3,035	2,752	2,603	2,430	-	2,617	2,490	2,519	2,442	2,399	2,486	2,297	2,384	3,012	2,962	2,488	2,534	2,943
Cash Equivalents	-56.7%	395	913	792	754	480	773	523	12.00	661	519	725	628	531	742	563	606	1,067	891	551	273	371
Inventory	13.0%	1,210	1,071	1,098	1,037	1,019	848	792	-	775	837	816	808	796	827	841	782	1,004	1,047	1,045	1,015	1,015
Net PPE	-0.1%	3,551	3,555	3,255	3,241	3,062	2,962	2,698	-	2,758	2,833	2,817	2,785	2,842	2,791	2,907	2,675	2,976	2,987	3,273	3,104	3,216
Goodwill	-1.0%	1,458	1,473	1,860	1,901	1,867	1,813	1,730	-	1,792	1,863	1,840	1,879	1,932	1,880	1,951	1,847	1,806	1,773	1,934	1,893	2,527
Current Liabilities	10.9%	2,602	2,346	2,070	2,131	2,255	2,357	2,096	-	1,785	1,750	1,846	1,738	1,687	1,702	1,898	1,697	1,886	1,824	1,995	2,195	1,929
Short Term Borrowings	-100.0%	-	106	-	-	-	45.00	-	-	-	-	34.00	-	-	-	55.00	-	-	-	75.00	-	-
Long Term Debt	-12.3%	4,119	4,698	4,754	4,778	4,422	4,371	4,280	-	4,427	4,621	4,753	4,853	4,977	5,168	4,945	5,163	6,103	6,115	5,435	5,512	6,235
LT Debt, Current	390.1%	696	142	-	-	301	300	-	-	-	-	38.00	-	-	-	142	-	-	-	49.00	-	-
LT Debt, Non Current	-100.0%	-	4,698	4,754	-	-	4,371	4,280	-	-	-	4,753	-	-	-	4,945	-	-	-	5,435	-	-
Shareholder's Equity	13.5%	1,826	1,609	2,113	2,143	1,887	1,417	1,451	-	1,259	1,102	827	570	502	262	401	265	42.00	76.00	564	436	1,090
Retained Earnings	-100.0%	-	782	-	-	-	885	-	-	-	-	301	-	-	-	152	-	-	-	-89.00	-	-
Additional Paid-In Capital	-100.0%	-	3,086	-	-	-	3,079	-	-	-	-	3,090	-	-	-	3,129	-	-	-	3,130	-	-
Accumulated Depreciation	-100.0%	-	4,533	-	-	-	4,141	-	-	-	-	4,038	-	-	-	4,113	-	-	-	4,355	-	-
Shares Outstanding	-	156	-	155	155	155	-	155	-	156	156	-	157	158	158	-	157	156	156	-	156	155
Minority Interest	-100.0%	-	135	-	-	-	111	-	-	-	-	107	-	-	-	104	-	-	-	97.00	-	-
Float	-	-	-	-	1,999	-	-	-	-	1,294	-	-	-	1,502	-	-	-	897	-	-	-	2,000

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-170.9%	-270,000	381,000	339,000	291,000	-193,000	378,000	618,000	193,000	-73,000	231,000	313,000	199,000	-56,000	329,000	262,000	181,000	-315,000	652,000	416,000	-68,000	-595,000
Share Based Compensation	0%	7,000	7,000	7,000	10,000	19,000	5,000	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	4.9%	-215,000	-226,000	-191,000	-168,000	-98,000	-205,000	42,000	68,000	-2,000	-18,000	-93,000	-78,000	-31,000	-58,000	384,000	-68,000	-165,000	68,000	-95,000	-275,000	-135,000
Cashflow From Financing	70.7%	-17,000	-58,000	-101,000	148,000	-16,000	60,000	189,000	-91,000	-152,000	-102,000	-103,000	-356,000	288,000	-338,000	-1,123,000	55,000	849,000	-450,000	-408,000	386,000	540,000
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000	7,000	8,000	8,000	8,000
Buy Backs	0%	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	-	-	-	-	-	-	-	-	-	38,000

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OI Income Statement

2024-03-31

CONDENSED CONSOLIDATED RESULTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS
Net sales	$ 1,593	$ 1,831
Revenue, Product and Service [Extensible List]	us-gaap:ProductMember	us-gaap:ProductMember
Cost of goods sold	$ (1,275)	$ (1,347)
Gross profit	318	484
Selling and administrative expense	(123)	(147)
Research, development and engineering expense	(21)	(19)
Interest expense, net	(78)	(68)
Equity earnings	25	30
Other expense, net	(4)	(10)
Earnings before income taxes	117	270
Provision for income taxes	(41)	(60)
Net earnings	76	210
Net earnings attributable to non-controlling interests	(4)	(4)
Net earnings attributable to the Company	$ 72	$ 206
Basic earnings per share:
Net earnings attributable to the Company (in dollars per share)	$ 0.46	$ 1.33
Weighted average shares outstanding (thousands) (in shares)	154,273	154,696
Diluted earnings per share:
Net earnings attributable to the Company (in dollars per share)	$ 0.45	$ 1.29
Weighted average diluted shares outstanding (thousands) (in shares)	158,467	159,094

OI Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 395	$ 913	$ 480
Trade receivables, net of allowance of $30 million, $30 million, and $32 million at March 31, 2024, December 31, 2023 and March 31, 2023	801	671	997
Inventories	1,210	1,071	1,019
Prepaid expenses and other current assets	254	229	256
Total current assets	2,660	2,884	2,752
Property, plant and equipment, net	3,551	3,555	3,062
Goodwill	1,458	1,473	1,867
Intangibles, net	250	254	267
Other assets	1,490	1,503	1,477
Total assets	9,409	9,669	9,425
Current liabilities:
Accounts payable	1,170	1,437	1,304
Short-term loans and long-term debt due within one year	815	248	345
Other liabilities	617	661	606
Total current liabilities	2,602	2,346	2,255
Long-term debt	4,119	4,698	4,422
Other long-term liabilities	862	881	861
Share owners' equity	1,826	1,744	1,887
Total liabilities and share owners' equity	$ 9,409	$ 9,669	$ 9,425

About Owens-Illinois Inc

O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. 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. In addition, 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.

CEO	Mr. Andres Alberto Lopez
WEBSITE	o-i.com
INDUSTRY	Packers
EMPLOYEES	24000

Owens-Illinois Inc Frequently Asked Questions

What is the ticker symbol for Owens-Illinois Inc? What does OI stand for in stocks?

OI is the stock ticker symbol of Owens-Illinois Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Owens-Illinois Inc (OI)?

As of Wed May 08 2024, market cap of Owens-Illinois Inc is 2.09 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OI stock?

You can check OI's fair value in chart for subscribers.

What is the fair value of OI stock?

You can check OI's fair value in chart for subscribers. The fair value of Owens-Illinois Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Owens-Illinois Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Owens-Illinois Inc a good stock to buy?

The fair value guage provides a quick view whether OI is over valued or under valued. Whether Owens-Illinois Inc is cheap or expensive depends on the assumptions which impact Owens-Illinois Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OI.

What is Owens-Illinois Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, OI's PE ratio (Price to Earnings) is -8.8 and Price to Sales (PS) ratio is 0.3. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Owens-Illinois Inc's stock?

In the past 10 years, Owens-Illinois Inc has provided -0.083 (multiply by 100 for percentage) rate of return.