Stock To Watch: Owens-Illinois, Inc. (NYSE:OI)


The leading market experts have placed a mean price target of $20.25 on Owens-Illinois, Inc. (NYSE:OI) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.69 a share for the upcoming quarter and $2.31 for the current fiscal. Technical View The technical analysis of Owens-Illinois, Inc. Common Sto plainly substantiates that the 50-day moving average of Owens-Illinois, Inc. Common Sto is $18.99, and stock is hovering -1.03 or -5.45% distant from $18.99. It is noted that the 200-day MA is $16.49, and Owens-Illinois, Inc. Common Sto stock is $1.47 or +8.89% off from this point. Owens-Illinois, Inc. (NYSE:OI) 52-week high is $24.05 and the 52-week low is $11.58. This explains if the stock moves $-6.09, it will post a 52-week high. In event of $+55.09% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Owens-Illinois, Inc. Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Owens-Illinois, Inc. (NYSE:OI) ratio came in at 22.53. The stock last ended the trading session at $17.96 and registered a market cap of $2.91B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Owens-Illinois, Inc. (NYSE:OI) PEG ratio is at 0.71.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 5 times, 1 visits today)