How to Buy O I Glass Stock
O I Glass Inc
O I Glass is a packaging & container company located in Ohio, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker OI on the NYSE exchange.
O I Glass stock last closed at $12.73, up 1.03% from the previous day, and has decreased 18.81% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.34 percentage points. O I Glass stock is currently +26.29% from its 52-week low of $10.08, and -27.59% from its 52-week high of $17.58.
As of Dec 2, 2024, there are 154.65M OI shares outstanding. The market cap of OI is $1.97B. In the past 24 hours, 1.03M OI shares were traded.
How to Buy O I Glass Stock
Wondering how to invest in O I Glass stock? Here's how.
- Choose where to buy O I Glass stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy O I Glass stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your details.
- Evaluate O I Glass stock: The O I Glass ticker symbol is OI. Is O I Glass stock a good investment? Should you buy shares of OI? How do OI's underlying business fundamentals look? Do top analysts think O I Glass is a good buy? Why has OI's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if OI is a good stock to buy).
- Place your OI purchase: Decide if you will purchase OI shares at the current market price or use a limit order to buy OI shares at a specific price.
- Get the latest scoop on your investment in OI: Create a watchlist to monitor your position in O I Glass shares.
Step 1: Choose where to buy O I Glass stock
You will need a brokerage account to access the NYSE market and buy OI shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
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Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you can buy OI today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on stock market app, your next step is to transfer the money for your investment:
Check out the video below for more details transferring money into your brokerage account.
Step 4: Evaluate O I Glass stock
Once you have chosen the best place to buy O I Glass stock, it's absolutely critical to research their stock before you buy, so you truly understand the risk as well as the upside.
O I Glass stock at a glance
OI Overview
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on OI's stock page.
Is OI stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge OI's intrinsic value.
Using relative valuations ratios:
- OI may be undervalued based on its P/B ratio of 1.33x, relative to Packaging & Containers industry P/B ratio of 2.78x
You can do additional valuation analysis on OI's stock here.
OI Financial Overview
Positive Health Checks:
- OI has $755.00M in cash and short term investments. This is enough to cover its annual cash burn of $180.00M.
- OI has cash burn of 180000000. It has enough cash and short-term investments to cover this for at least one year.
- Total OI debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the OI balance sheet.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the OI balance sheet.
- OI profit margin has gone down from 5.3% to -6.3% in the past year.
- OI has a relatively high debt to equity ratio of 5.33.
Is OI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 Wall Street analysts who track OI, the consensus analyst rating on OI is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest OI Analyst Upgrades/Downgrades
Ghansham Panjabi, a top 23% analyst from Baird maintains OI with a buy rating and lowers their OI price target from $22.00 to $18.00, on Aug 1, 2024.
Curt Woodworth, a top 11% analyst from UBS maintains OI with a strong buy rating and lowers their OI price target from $26.00 to $18.00, on Jul 17, 2024.
Gabe Hajde, a top 28% analyst from Wells Fargo maintains OI with a strong buy rating and lowers their OI price target from $19.00 to $18.00, on Jul 17, 2024.
You can dig deeper into what analysts are projecting on the O I Glass stock forecast page.
OI Technicals
Is OI Making Money?
Last year, OI revenue was $6.64B. Over the last five year, OI's revenue has increased by -0.17% per year. This was slower than the Packaging & Containers industry average of 3.22%.
Learn more about OI's earnings and revenue performance here.
Who is buying/selling OI?
In the last year, executives and large shareholders at OI have sold more shares than they have bought.
Randolph L. Burns, SVP Chief Admin Sus Officer of OI, was the latest OI insider to buy. They bought $147,940.00 worth of OI shares on Nov 4, 2024.
Dig into more about who owns OI stock here.
Does OI stock generate passive income?
No, O I Glass doesn't provide an income stream by paying out dividends.
What others are saying about OI
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your OI purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open button and eToro will place the order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in OI
Now that you own some OI stock, you'll want to stay up-to-date on your new shares.
Create a watchlist to keep track of your OI stock.
OI Feed
How to Buy Stock in O I Glass
To summarize, here are the 6 steps for buying O I Glass stock:
- Choose where to buy O I Glass stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate O I Glass stock
- Place your OI purchase
- Get the latest scoop on your investment in OI
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in O I Glass, create a watchlist today.
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