Home Sectors Consumer Cyclical Stock to Track: Owens-Illinois (NYSE: OI)

Stock to Track: Owens-Illinois (NYSE: OI)

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Owens-Illinois is part of the packaging and containers industry and trades as part of the consumer cyclical sector. The company CEO is Andres Alberto Lopez. Owens-Illinois Inc is a glass container manufacturer. The company is also a preferred partner for various food and beverage brands. It provides glass packaging for beer, wine, spirits, food, non-alcoholic beverages, cosmetics and pharmaceuticals.

Previous Intraday Trading Performance:

The OI stock showed a previous change of 1.72% with an open at 19.23 and a close of 19.57. It reached an intraday high of 19.66 and a low of 19.18.

SeekingAlpha:  Owens- Illinois names new CFO

Liquidity:

The stock has a market cap of $3.0b with 155.2m shares outstanding, of which the float is 150.6m shares. Trading volume reached 743,358 shares compared to its average volume of 1,014,967 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Owens-Illinois shares returned 2.09% and in the past 30 trading days it returned -1.16%. Over three months, it changed 1.14%. In one year it has changed -9.45% and within that year its 52-week high was 22.16 and its 52-week low was 15.67. OI stock is 24.89% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.34 and a 50 day moving average of 19.58. Currently OI stock is trading 6.73% above its 200 day moving average.

SeekingAlpha:  Owens- Illinois names new CFO

Earnings:

The last annual fiscal EPS for the company was reported at 1.6 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.23. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.53. The TTM EPS is 2.72, which comes to a TTM PE of 7.19.

The dividend per share is currently 0.20, which is a dividend yield of 1.02%. Also, the payout ratio is 7.35%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 36.03, which means it is possibly undervalued and has a margin of safety of 45.69%

Indicators to Watch:

Based on the latest filings, there is 134.50% of institutional ownership. Short-interest is 6,613,829, which is 4.26% of shares outstanding. The short-interest ratio or days-to-cover ratio is 5.50. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.35

SeekingAlpha:  E&P 2019 Roundup: Capex, Production And Some Valuation Easter Eggs

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 32.96%, return on assets is 2.70%, profit margin is 3.54%, price-to-sales is 0.58 and price-to-book is 3.74.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 1  :Past Performance Score
 1  :Financial Strength Score
 4  :Future Growth Score
 2  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.