Owens-Illinois Inc (OI) EPS Estimated At $0.66

July 18, 2017 - By Linda Rogers

 Owens Illinois Inc (OI) EPS Estimated At $0.66
Investors sentiment decreased to 1.07 in 2016 Q4. Its down 0.19, from 1.26 in 2016Q3. It worsened, as 52 investors sold Owens-Illinois Inc shares while 89 reduced holdings. 56 funds opened positions while 95 raised stakes. 149.18 million shares or 3.88% more from 143.61 million shares in 2016Q3 were reported.
Creative Planning, a Kansas-based fund reported 25,696 shares. Nuveen Asset Management Ltd Liability Corporation stated it has 0.01% of its portfolio in Owens-Illinois Inc (NYSE:OI). New Century Advsrs Ltd Llc has invested 0.53% in Owens-Illinois Inc (NYSE:OI). Tocqueville Asset Management L P reported 19,533 shares or 0% of all its holdings. First Republic Inv Mgmt Inc reported 162,524 shares stake. Spark Inv Mgmt Limited Liability Corp holds 0.44% or 306,500 shares in its portfolio. Buckhead Cap Mngmt Ltd has 240,000 shares for 0.79% of their portfolio. First L P holds 0.01% or 266,237 shares. Boston Advsr Ltd Company, a Massachusetts-based fund reported 368,845 shares. North Star Inv Management accumulated 0% or 500 shares. 66,995 were reported by Citigroup. Eii Capital Mgmt Inc owns 119,931 shares or 0.66% of their US portfolio. Moreover, First Ny Ltd Liability Co Ny has 0% invested in Owens-Illinois Inc (NYSE:OI) for 145 shares. Blackrock holds 0% of its portfolio in Owens-Illinois Inc (NYSE:OI) for 89,202 shares. Colorado-based Advsr Asset Mgmt Incorporated has invested 0% in Owens-Illinois Inc (NYSE:OI).

Since March 7, 2017, it had 0 insider buys, and 1 insider sale for $414,391 activity. Shares for $414,391 were sold by BAEHREN JAMES W on Tuesday, March 7.

Wall Street await Owens-Illinois Inc (NYSE:OI) to release earnings on July, 26. Analysts forecast EPS of $0.66, up exactly $0.01 or 1.54 % from 2014’s $0.65 EPS. The expected OI’s profit could reach $109.11 million giving the stock 9.35 P/E in the case that $0.66 earnings per share is reported. After posting $0.58 EPS for the previous quarter, Owens-Illinois Inc’s analysts now forecast 13.79 % EPS growth. The stock decreased 0.38% or $0.09 during the last trading session, reaching $24.68. About 1.20 million shares traded or 9.09% up from the average. Owens-Illinois Inc (NYSE:OI) has risen 20.39% since July 18, 2016 and is uptrending. It has outperformed by 3.69% the S&P500.

Owens-Illinois Inc (NYSE:OI) Ratings Coverage

Among 11 analysts covering Owens-Illinois Inc (NYSE:OI), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. Owens-Illinois Inc had 26 analyst reports since July 31, 2015 according to SRatingsIntel. BMO Capital Markets maintained Owens-Illinois Inc (NYSE:OI) rating on Friday, May 26. BMO Capital Markets has “Hold” rating and $2000 target. RBC Capital Markets maintained Owens-Illinois Inc (NYSE:OI) rating on Monday, July 3. RBC Capital Markets has “Hold” rating and $2200 target. As per Friday, June 30, the company rating was maintained by BMO Capital Markets. Credit Suisse maintained Owens-Illinois Inc (NYSE:OI) on Friday, October 30 with “Neutral” rating. The firm has “Sell” rating by Goldman Sachs given on Thursday, May 12. The firm has “Hold” rating by Deutsche Bank given on Tuesday, November 22. The company was maintained on Tuesday, May 30 by RBC Capital Markets. The firm has “Hold” rating by Jefferies given on Thursday, June 15. Bank of America upgraded Owens-Illinois Inc (NYSE:OI) on Tuesday, September 15 to “Buy” rating. BMO Capital Markets maintained Owens-Illinois Inc (NYSE:OI) rating on Monday, April 24. BMO Capital Markets has “Hold” rating and $20 target.

Owens-Illinois, Inc. is a manufacturer of glass container products. The company has market cap of $4.08 billion. The Company’s principal product lines are glass containers for the food and beverage industries. It has a 20.48 P/E ratio. The Company’s divisions include Europe, North America, Latin America and Asia Pacific.

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