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.

Investment analysts gave a few price targets for OI. The most optimistic analyst gave a price target of 30, implying a possible profit of 24.43 percent. The minimum price target given was 19, which equates to a potential downside of -21.19 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.52 percent on average, compared to last month. That number becomes 1.52 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.8 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 6 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

OI has an estimated earnings growth rate of 112.69 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of OI is 0.18.

OI has a 52-week high of 25.01 and a 52-week low of 16.80. The current market price is above the trailing year's low by 43.51 percent, and 3.6 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.