Owens-Illinois, Inc. (NYSE:OI) traded with the volume of 1.4 Million Yesterday. The Stock Opened its session at $18.26 and closed at $17.7 by showing an decrease of -3.07 percent. Owens-Illinois, Inc. has 1 year price target of 21.12. The stock gained a consensus recommendation of 2.56 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Oct 25 AMC. The company reported its last quarter on Jun 16.
On Jun 16 Owens-Illinois, Inc. (NYSE:OI) reported its EPS in the last quarter as $0.65/Share beating the analyst estimate of $0.63/Share by the difference of $0.02. This showed the surprise of 3.2% in the last quarter earnings. For the Current Quarter, 5 analyst are projecting the mean EPS to be $0.56/share. According to their observations and findings, the stock could provide a high EPS of $0.61/share and a Low EPS of $0.51/share.
The 13 analysts offering 12-month price forecasts for Owens-Illinois Inc have a median target of 20.00, with a high estimate of 27.00 and a low estimate of 17.00. The median estimate represents a +12.99% increase from the last price of 17.70. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Owens-Illinois, Inc. where they believe that the company has the potential to earn average revenue of $1.73 Billion for the current quarter. According to their predictions High & Low revenue estimates are 1.81 Billion and 1.69 Billion respectively.
Owens-Illinois, Inc. (NYSE:OI) topped its 52-week high price of $24.05 on Oct 23, 2015 and 52-Week Low Price of $11.58 on Feb 3, 2016. The Stock currently has the market capitalization of $2.96 Million, P/E (price to earnings ttm) of 14.3 and Weekly volatility of 2.57%% and monthly volatility of 3.01%% respectively.
Owens-Illinois, Inc. is currently showing 16% EPS growth this year. The Next Year EPS growth is 9.1%, Long term annual growth estimate of 11.28%, Annual EPS growth past 5 years of -5.23 percent. The Company currently has Insider ownership of 0.2 Percent and Institutional Ownership of 98.1 Percent. The Return on Assets stands at 2%, Return on Equity shows 49.5% and Return on Investment value is 2.8%.
Owens-Illinois, Inc. Gross Margin percentage stands at 18.8% while its Operating Margin for trailing twelve month is 5.3 percent and Profit margin (ttm) is 3 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -2.82% with the 50-Day Simple Moving Average of -2.82 percent. Currently, the company has SMA200 (200-day simple moving average) of 4 Percent. The Stock has YTD (year to date) performance of 1.61 percent.
Many research firms have provided their ratings on Owens-Illinois, Inc. (NYSE:OI) where RBC Capital Mkts provided Sector Performrating on the stock on 30-Sep-16. Other firms include Goldman giving Sell rating on 12-May-16.
In the past 6 months, 1 Insider purchases and 2 Insider Sales were made in which 3000 shares were traded as Insider purchases and 5431 shares were exchanged as Insider Sales.
The latest Insider trade was made on 18 Sep 2016 where McMackin (John J Jr) Director did a transaction type “Gift” in which 2062 shares were traded at a price of $0. Another insider trade includes Director Hardie (Gordon J) who also initiated a transaction in which 3400 shares were traded on 14 Jun 2016 as “Buy”.
Owens-Illinois, Inc. manufactures and sells glass container products to food and beverage manufacturers primarily in Europe, North America, South America, and the Asia Pacific. The Company produces glass containers for malt beverages, including beer and ready-to-drink low-alcohol refreshers, liquor, wine, food, tea, juice and pharmaceuticals. It also produces glass containers for soft drinks and other non-alcoholic beverages. Owens-Illinois, Inc. is headquartered in Perrysburg, Ohio.