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 a possible loss 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. Meanwhile, fiscal year estimates have been revised upwards by 0.8 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1 percent in FY estimates.

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, which can be compared to the 0 analysts that decreased their estimates. During this time, 6 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of OI to grow at a rate of 112.69 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of OI is 0.18.

OI has traded between a high of 25.01 and a low of 16.80 over the past year. Currently the stock is 43.51 percent higher than its 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 stock has a market capitalization of $4.01 billion. OI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.