Owens-Illinois, Inc. (OI) EPS Estimated At $0.63

Owens-Illinois, Inc. (NYSE:OI) Logo
Investors sentiment decreased to 0.69 in 2018 Q3. Its down 0.18, from 0.87 in 2018Q2. It turned negative, as 26 investors sold Owens-Illinois, Inc. shares while 108 reduced holdings. 39 funds opened positions while 53 raised stakes. 140.29 million shares or 2.45% less from 143.82 million shares in 2018Q2 were reported.
Barclays Public Limited holds 0% or 93,995 shares in its portfolio. 152,430 are held by Wells Fargo & Com Mn. Moreover, Voya Invest Management Lc has 0% invested in Owens-Illinois, Inc. (NYSE:OI). Hightower Lc, a Illinois-based fund reported 10,523 shares. Hsbc Public Ltd owns 55,257 shares or 0% of their US portfolio. Comerica Financial Bank has 0.07% invested in Owens-Illinois, Inc. (NYSE:OI) for 469,328 shares. United Svcs Automobile Association invested in 0.01% or 189,329 shares. Alabama-based Regions Fincl Corp has invested 0% in Owens-Illinois, Inc. (NYSE:OI). Thornburg Mngmt accumulated 1.30M shares. Moreover, Canandaigua Commercial Bank And Trust Com has 0.22% invested in Owens-Illinois, Inc. (NYSE:OI). Texas Permanent School Fund invested in 100,199 shares. Moreover, Lyrical Asset Limited Partnership has 1.27% invested in Owens-Illinois, Inc. (NYSE:OI) for 5.77 million shares. 2.90M are owned by Sasco Cap Incorporated Ct. Shelton Mngmt, a California-based fund reported 12,413 shares. Burney Communication accumulated 13,635 shares or 0.02% of the stock.

Analysts expect Owens-Illinois, Inc. (NYSE:OI) to report $0.63 EPS on February, 5.They anticipate $0.08 EPS change or 14.55 % from last quarter’s $0.55 EPS. OI’s profit would be $99.99 million giving it 7.42 P/E if the $0.63 EPS is correct. After having $0.75 EPS previously, Owens-Illinois, Inc.’s analysts see -16.00 % EPS growth. The stock increased 0.70% or $0.13 during the last trading session, reaching $18.7. About 948,586 shares traded. Owens-Illinois, Inc. (NYSE:OI) has declined 27.77% since January 14, 2018 and is downtrending. It has underperformed by 27.77% the S&P500.

Owens-Illinois, Inc. (NYSE:OI) Ratings Coverage

Among 6 analysts covering Owens-Illinois (NYSE:OI), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Owens-Illinois had 8 analyst reports since July 25, 2018 according to SRatingsIntel. The stock has “Neutral” rating by Barclays Capital on Monday, January 7. The stock has “Neutral” rating by Bank of America on Wednesday, July 25. The rating was maintained by Wells Fargo on Thursday, November 15 with “Market Perform”. The firm has “Buy” rating given on Friday, November 9 by Bank of America. As per Thursday, November 1, the company rating was maintained by Wells Fargo. The company was maintained on Wednesday, July 25 by Robert W. Baird. The stock of Owens-Illinois, Inc. (NYSE:OI) has “Underweight” rating given on Tuesday, December 4 by KeyBanc Capital Markets.

Owens-Illinois, Inc., through its subsidiaries, makes and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the Asia Pacific. The company has market cap of $2.97 billion. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It has a 22.83 P/E ratio. The firm is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals.

Owens-Illinois, Inc. (NYSE:OI) Institutional Positions Chart

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