Added to YB: 2024-12-16
Pitch date: 2024-10-29
OI [bullish]
O-I Glass, Inc.
+33.65%
current return
Author Info
No bio for this author
Company Info
O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally.
Market Cap
$2.0B
Pitch Price
$11.56
Price Target
50.44 (+226%)
Dividend
N/A
EV/EBITDA
5.67
P/E
-13.88
EV/Sales
1.04
Sector
Containers and Packaging
Category
turnaround
O-I Glass, Inc. - $OI
OI: Undervalued at 5.8x 2024 EBITDA. New CEO's Fit to Win plan to cut inventory 40%, reduce SG&A 280bps, close plants. 39% EBITDA growth from restructuring + 22% from volume recovery. PT $31.72-$50.44 (158-311% upside). Catalysts: Q3/Q4 earnings, 2025 Investor Day, execution.
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