Professional
Added to YB: 2024-03-08
Pitch date: 2024-03-06
OI [bullish]
O-I Glass, Inc.
-7.5%
current return
Author Info
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Company Info
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers in the Americas, Europe, and internationally.
Market Cap
$2.3B
Pitch Price
$16.39
Price Target
25.00 (+65%)
Dividend
N/A
EV/EBITDA
5.70
P/E
-17.60
EV/Sales
1.06
Sector
Containers and Packaging
Category
turnaround
Show full summary:
O-I Glass Is Positioned to Capitalize on Eco-Friendly Packaging Trends Despite Near-Term Headwinds
OI: glass container mfr trading at $25 PT; solid Q4 w/ price offsetting vol; expect some '24 vol growth but pricing pressure; moat from scale, contracts, transport costs; risks: substitution, macro; sound bal sheet/capital allocation & mgmt change
Read full article (10 min)