Analyst Ratings for Owens-Illinois Inc. (OI)

Updated: 2017-07-26

Shares of Owens-Illinois Inc. (NYSE:OI) have received a consensus rating of Hold from Wall Street analysts. OI had previously received a consensus rating of Hold a month ago.

Of the 15 analysts covering the stock, 4 gave it a buy rating, 0 gave an overweight rating, 10 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for OI. The highest price target was 30, implying a possible profit of 24.43 percent. The lowest price target was 19, implying potential capital losses of -21.19 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.52 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.52 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.8 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 6 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of OI's earnings is estimated by analysts to be 112.69 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. OI has a PEG ratio of 0.18.

OI has a 52-week high of 25.01 and a 52-week low of 16.80. Today's price is 43.51 percent above the 52-week low, and below the high by 3.6 percent. OI has a P/E ratio of 20.78. Investors typically compare the P/E ratio to a company's peers in the industry. The OI value stock report compares OI to some of its peers using value stock charts. The market cap of OI is $4.01 billion. OI will post this quarters earnings in days, on 0000-00-00.