Owens-Illinois, Inc. (NYSE:OI)went down by -2.83% from its latest closing price when compared to the 1-year high value of $20.78 and move down -132.44%, while OI stocks collected -3.77% of loss with the last five trading sessions. Press Release reported on 11/12/19 that OI European Group B.V. Issues Notice of Full Redemption for 6.75% Senior Notes due 2020 and Notice of Partial Redemption for 4.875% Senior Notes due 2021
Owens-Illinois, Inc. (NYSE:OI) Worth an Investment?
Owens-Illinois, Inc. (NYSE: OI) The 36 Months beta value for OI stocks is at 1.51, while of the analysts out of 0 who provided ratings for Owens-Illinois, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $11.67 which is $2.73 above current price. OI currently has a short float of 6.09% and public float of 153.97M with average trading volume of 2.27M shares.
OI Market Performance
OI stocks went down by -3.77% for the week, with the monthly drop of -9.15% and a quarterly performance of -15.18%, while its annual performance rate touched -50.53%. The simple moving average for the period of the last 20 days is -5.46% for OI stocks with the simple moving average of -41.16% for the last 200 days.
Analysts’ Opinion on Owens-Illinois, Inc. (NYSE:OI)
Many brokerage firms have already submitted their reports for OI stocks, with Wells Fargo repeating the rating for OI shares by setting it to “Market Perform”. The predicted price for OI socks in the upcoming period according to Wells Fargo is $10 based on the research report published on October 31, 2019.
Goldman, on the other hand, stated in their research note that they expect to see OI stock at the price of $13, previously predicting the value of $17. The rating they have provided for OI stocks is “Neutral” according to the report published on August 5, 2019.
BofA/Merrill gave “ Neutral” rating to OI stocks, setting the target price at $13 in the report published on August 2, 2019.
OI Stocks -8.10% Far from 50 Day Moving Average
After a stumble in the market that brought OI to its low price for the period of the last 52 weeks, Owens-Illinois, Inc. was unable to take a rebound, for now settling with -56.98% of loss for the given period.
The stock volatility was left at 4.19%, however, within the period of a single month, the volatility rate increased by 2.80%, while the shares sank at the distance of -10.51% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -17.91% lower at the present time.
In the course of the last 5 trading sessions, OI went down by -3.77%, which changed the moving average for the period of 200 days to the total of -55.41% of losses for the stock in comparison to the 20-day moving average settled at $9.40. In addition, Owens-Illinois, Inc. saw -48.14% in overturn over the period of a single year with a tendency to cut further losses.
OI Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Owens-Illinois, Inc. (OI), starting from Williams Carol A, who bought 10,000 shares at the price of $12.21 back on Aug 05. After this action, Rushing now owns 41,207 shares of Owens-Illinois, Inc., valued at $122,110 with the latest closing price.
HELLMAN PETER S, the Director of Owens-Illinois, Inc., bought 5,000 shares at the value of $12.15 during a trade that took place back on Aug 05, which means that HELLMAN PETER S is holding 60,761 shares at the value of $60,766 based on the most recent closing price.
OI Stock Fundamentals
The current profitability levels are settled at +10.09 for the present operating margin and +18.13 for gross margin. The net margin for Owens-Illinois, Inc. stands at +2.09. Total capital return value is set at 11.15, while invested capital returns managed to touch 2.42. Equity return holds the value -59.10%, with -4.40% for asset returns.
Based on Owens-Illinois, Inc. (OI), the company’s capital structure generated 679.52 points for debt to equity in total, while total debt to capital is set at the value of 87.17. Total debt to assets is settled at the value of 55.07 with long-term debt to equity ratio rests at 2.66 and long-term debt to capital is 659.16.
EBITDA value lies at +544.00 M with total debt to EBITDA carrying the value of 4.71. The value for Enterprise to Sales is 0.93 with debt to enterprise value settled at 0.69. The receivables turnover for Owens-Illinois, Inc. is 11.35 with the total asset turnover at the value of 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.