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Why O-I Glass (OI) is a Top Value Stock for the Long-Term
ZACKS· 2026-01-16 15:41
Core Viewpoint - Zacks Premium provides tools and resources to help investors make informed decisions and enhance their confidence in stock market investments [1]. Summary by Category Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [2]. - Each stock receives a rating from A to F, with A indicating the highest potential for outperforming the market [3]. Value Score - The Value Style Score identifies attractive and discounted stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3]. Growth Score - The Growth Style Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [4]. Momentum Score - The Momentum Style Score helps investors capitalize on price trends, utilizing factors like one-week price changes and monthly earnings estimate changes [5]. VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with strong value, growth, and momentum [6]. Zacks Rank - The Zacks Rank is a proprietary stock-rating model that leverages earnings estimate revisions to guide investors in building successful portfolios [7]. - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.9% since 1988, significantly outperforming the S&P 500 [7]. Stock Selection Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9]. - Stocks with a 3 (Hold) rank should also have Style Scores of A or B to ensure potential upside [9]. Company Spotlight: O-I Glass - O-I Glass, Inc. is the largest manufacturer of glass containers globally, operating 69 manufacturing plants across 19 countries [11]. - The company currently holds a 3 (Hold) rating on the Zacks Rank and has a VGM Score of A, with a Value Style Score of A due to a forward P/E ratio of 8.27 [11]. - Recent earnings estimates for fiscal 2025 have been revised higher, with the Zacks Consensus Estimate increasing by $0.03 to $1.60 per share, and an average earnings surprise of +53.8% [12].
O-I Glass (OI) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-12-15 18:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: O-I Glass (OI) - O-I Glass currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3] - The company has a Zacks Rank of 2 (Buy), which is associated with strong historical performance [4] Performance Metrics - O-I Glass shares have increased by 7.14% over the past week, significantly outperforming the Zacks Glass Products industry, which rose by only 0.15% [6] - Over the past month, O-I Glass has shown a price change of 17.13%, matching the industry's performance [6] - In the last quarter, shares of O-I Glass increased by 17.67%, and over the past year, they gained 35.53%, while the S&P 500 only moved 4% and 14.09%, respectively [7] Trading Volume - The average 20-day trading volume for O-I Glass is 2,362,136 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimates for O-I Glass have shown positive revisions, with four estimates moving higher and none lower, increasing the consensus estimate from $1.47 to $1.60 over the past 60 days [10] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions [10] Conclusion - Considering the positive performance metrics and earnings outlook, O-I Glass is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12]
Why O-I Glass (OI) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-12-15 15:51
Company Overview - O-I Glass, Inc. is the largest manufacturer of glass containers globally, operating 69 glass manufacturing plants across 19 countries [11]. Investment Rating - O-I Glass holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong potential for investment [11]. Momentum Performance - The company has a Momentum Style Score of B, with shares increasing by 17.1% over the past four weeks [12]. Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates for O-I Glass upwards, with the Zacks Consensus Estimate rising by $0.13 to $1.60 per share [12]. - O-I Glass has an average earnings surprise of +53.8%, suggesting strong performance relative to expectations [12].
2 Stocks to Buy From the Prospering Glass Products Industry
ZACKS· 2025-08-26 16:46
Industry Overview - The Zacks Glass Products industry is experiencing growth due to rising demand for glass in packaging and construction, driven by its recyclability and sustainability benefits [1][4] - The industry is expected to benefit from the increasing demand for energy-efficient smart windows and glass panels [1][6] Major Trends - Glass packaging is gaining popularity, with over 80% of recycled bottles being reused to make new bottles, significantly reducing the need for raw materials [4] - The global market value of glass containers and bottles is projected to grow from $75.3 billion in 2024 to $115.3 billion in 2034, at a CAGR of 4.4% [4] - The construction sector is increasingly adopting glass as a sustainable alternative to traditional materials, with the global construction glass market expected to rise from $116.25 billion in 2024 to $196.58 billion by 2034, reflecting a CAGR of 5.39% [5] Technological Innovations - Companies are introducing smart glass products that enhance natural light access while minimizing glare and heat, contributing to energy savings [6] - Innovations in glass technology, such as electrokinetic technology, are enabling buildings to reduce energy consumption [3][6] Industry Challenges - The industry faces rising costs in transportation, chemicals, and fuel, prompting companies to focus on pricing strategies and cost reduction through automation [7] Industry Performance - The Zacks Glass Products industry holds a Zacks Industry Rank 2, placing it in the top 1% of 245 Zacks industries, indicating strong earnings growth potential [8][10] - Despite this, the industry has underperformed the S&P 500 and the Industrial Products sector over the past year, with a collective decline of 11.4% [12] Valuation Metrics - The industry is currently trading at an EV/EBITDA ratio of 5.16X, significantly lower than the S&P 500's 17.77X and the Industrial Products sector's 19.85X [15] - Over the past five years, the industry's EV/EBITDA ratio has ranged from a high of 9.42X to a low of 1.73X, with a median of 5.90X [18] Company Highlights - O-I Glass is implementing a cost-reduction initiative expected to generate at least $250 million in benefits by 2025 and $650 million by 2027, while also focusing on reducing the weight of glass containers by up to 30% [19][20] - Apogee Enterprises is enhancing efficiency through Project Fortify, aiming for annualized pre-tax cost savings of approximately $13-$15 million, and has raised its dividend for 12 consecutive years [24][25]
Is Consumer Discretionary a Dead End? These 3 Stocks Say No
MarketBeat· 2025-06-11 21:07
Consumer Discretionary Sector Overview - The consumer discretionary sector typically thrives during strong economic conditions, characterized by low interest rates and robust job growth [1] - Recent employment data indicates a decline in job additions, with only 139,000 jobs added in May 2025 compared to 272,000 in May 2024, suggesting potential challenges for the sector [2] - The Consumer Discretionary Select Sector SPDR Fund (XLY) is down over 2% year-to-date, contrasting with a 3% increase in the broader S&P 500 [3] Greif Inc. Performance - Greif Inc. has a 12-month stock price forecast of $74.17, indicating a 14.15% upside potential based on 7 analyst ratings, with a current price of $64.97 [3] - The company has a strong dividend yield of 3.36% and a payout ratio of 60.85%, reflecting its stability over nearly 140 years in business [4] - Greif's earnings per share (EPS) of $1.19 exceeded analyst expectations by 11 cents, with quarterly revenue showing a year-over-year increase of just over 1% [5] - The company is targeting $25 million in savings for the current fiscal year and $100 million by the end of fiscal 2027 through cost optimization efforts [6] - Greif's operational structure mitigates tariff impacts by selling products close to manufacturing locations, enhancing its competitive position [7] O-I Glass Inc. Performance - O-I Glass has a 12-month stock price forecast of $15.88, representing a 16.56% upside based on 8 analyst ratings, with a current price of $13.62 [9] - The company benefits from increasing demand for glass containers as consumers shift away from plastics, positioning it well for future growth [9] - O-I's Fit to Win program has successfully improved operational efficiency, contributing $61 million in benefits and leading to an adjusted EPS of 40 cents, surpassing analyst predictions by 22 cents [10] - Future projections indicate adjusted earnings for 2025 could surge up to 85% above 2024 levels, with strong analyst support reflected in six Buy ratings [11] Silgan Holdings Inc. Performance - Silgan Holdings has a 12-month stock price forecast of $63.11, indicating a 15.42% upside based on 9 analyst ratings, with a current price of $54.68 [12] - The company reported an 11% year-over-year revenue increase, with EPS of 82 cents exceeding expectations by 4 cents [13] - Despite strong performance, recent executive turnover introduces uncertainty, particularly in the U.S. metal containers business [14] - Analysts remain optimistic, with all nine ratings for Silgan shares classified as Buy [15]