<div id="readability-page-1"><ul><li>Is Consumer Discretionary a Dead End? These 3 Stocks Say No</li></ul><p>O-I Glass, Inc. (NYSE:OI - Free Report) - Equities research analysts at  Zacks Research cut their Q3 2026 EPS estimates for shares of O-I Glass  in a research report issued to clients and investors on  Monday, August 11th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $0.49 for the quarter, down from their prior estimate of $0.60. The consensus estimate for O-I Glass' current full-year earnings is $1.33 per share.</p><p>O-I Glass (NYSE:OI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.12. O-I Glass had a negative net margin of 3.95% and a positive return on equity of 13.70%. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same period last year, the firm posted $0.44 EPS. O-I Glass's revenue for the quarter was down 1.3% compared to the same quarter last year. </p><ul><li>Chaos and Cash: Finding Opportunity in Volatility</li></ul><p>A number of other research firms have also issued reports on OI. Truist Financial  set a $21.00 price target on shares of O-I Glass and gave the stock a &#34;buy&#34; rating in a research report on Friday, July 11th. UBS Group  reaffirmed a &#34;buy&#34; rating and set a $19.00 target price (up from $17.00) on shares of O-I Glass in a report on Wednesday, July 9th. Citigroup lifted their target price on shares of O-I Glass from $14.00 to $16.00 and gave the company a &#34;neutral&#34; rating in a report on Thursday, July 3rd. Wells Fargo &amp; Company  reaffirmed a &#34;mixed&#34; rating on shares of O-I Glass in a report on Monday, August 4th. Finally, BNP Paribas  set a $18.00 target price on shares of O-I Glass in a report on Wednesday, June 25th. Three analysts have rated the stock with a hold rating, five have issued  a buy rating and one  has given a strong buy rating to the company. According to MarketBeat, O-I Glass currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $17.00.</p><p><b>View Our Latest Report on O-I Glass</b></p><h2>O-I Glass Stock Performance</h2><p>OI opened at $13.31 on Wednesday. O-I Glass has a 12-month low of $9.23 and a 12-month high of $16.04. The company has a current ratio of 1.24, a quick ratio of 0.77 and a debt-to-equity ratio of 3.58. The firm has a market capitalization of $2.05 billion, a PE ratio of -8.04, a P/E/G ratio of 0.25 and a beta of 0.92. The firm has a 50 day moving average of $14.24 and a two-hundred day moving average of $12.72. </p><h2>Institutional Investors Weigh In On O-I Glass</h2><p>Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC boosted its stake in  O-I Glass by 6.9% during the 4th quarter. FMR LLC now owns 10,054,398 shares of the industrial products company's stock worth $108,990,000 after purchasing an additional 647,237 shares during the last quarter.  Dimensional Fund Advisors LP boosted its stake in  O-I Glass by 9.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,449,472 shares of the industrial products company's stock worth $80,749,000 after purchasing an additional 617,460 shares during the last quarter.  Levin Capital Strategies L.P. boosted its stake in  O-I Glass by 6.0% during the 1st quarter. Levin Capital Strategies L.P. now owns 2,915,106 shares of the industrial products company's stock worth $33,436,000 after purchasing an additional 164,669 shares during the last quarter.  Private Management Group Inc. boosted its stake in  O-I Glass by 1.1% during the 1st quarter. Private Management Group Inc. now owns 2,868,100 shares of the industrial products company's stock worth $32,897,000 after purchasing an additional 29,827 shares during the last quarter.  Finally, Alliancebernstein L.P. boosted its stake in  O-I Glass by 20.8% during the 1st quarter. Alliancebernstein L.P. now owns 2,695,401 shares of the industrial products company's stock worth $30,916,000 after purchasing an additional 464,557 shares during the last quarter. Institutional investors and hedge funds own  97.24% of the company's stock. </p><h2>Insider Buying and Selling at O-I Glass</h2><p>In related news, CEO Gordon Hardie purchased 8,000 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was bought at an average price of $13.10 per share, with a total value of $104,800.00. Following the acquisition, the chief executive officer owned 515,817 shares in the company, valued at $6,757,202.70. The trade was a 1.58% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, SVP Darrow A. Abrahams purchased 3,828 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was bought at an average cost of $13.05 per share, with a total value of $49,955.40. Following the acquisition, the senior vice president owned 184,447 shares in the company, valued at $2,407,033.35. This represents a 2.12% increase in their position. The disclosure for this purchase can be found here. 1.49% of the stock is currently owned by insiders. </p><h2>O-I Glass Company Profile</h2> (Get Free Report)<p>O-I Glass, Inc, through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than O-I Glass</li><li>Conference Calls and Individual Investors</li><li>Data Centers in Demand—This REIT Owns a Whole Portfolio</li><li>3 REITs to Buy and Hold for the Long Term</li><li>3 Battery Stocks to Buy and Hold for the Rest of the Decade</li><li>Breakout Stocks: What They Are and How to Identify Them</li><li>3 Stocks to Consider as Tension Builds in Energy Markets</li></ul> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9J?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9J"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in O-I Glass Right Now?</h2><p>Before you consider O-I Glass, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O-I Glass wasn't on the list.</p><p>While O-I Glass currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Zacks Research has revised its Q3 2026 EPS estimate for O-I Glass, Inc. (NYSE:OI) from $0.60 to $0.49. The consensus for the full-year earnings is $1.33 per share. O-I Glass reported $0.53 EPS for Q2, exceeding estimates. The company has a negative net margin of 3.95% and a positive return on equity of 13.70%. Analysts have mixed ratings on the stock, with an average target price of $17.00. Institutional investors hold 97.24% of the shares, and CEO Gordon Hardie recently bought 8,000 shares at $13.10 each.</p>

What is Zacks Research's Forecast for O-I Glass Q3 Earnings?