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Trader’s Buzzers: Owens-Illinois, Inc. (NYSE:OI) & Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT)

Owens-Illinois, Inc. (NYSE:OI)

Owens-Illinois, Inc. manufactures and sells glass container products to food and beverage manufacturers primarily in Europe, North America, South America, and the Asia Pacific. The Company produces glass containers for malt beverages, including beer and ready-to-drink low-alcohol refreshers, liquor, wine, food, tea, juice and pharmaceuticals. It also produces glass containers for soft drinks and other non-alcoholic beverages. Owens-Illinois, Inc. is headquartered in Perrysburg, Ohio.

Owens-Illinois, Inc. (NYSE:OI)’s Financial Overview

Owens-Illinois, Inc. (NYSE) surged 2.45% yesterday to close its trading session at $19.65. The company has 1 year Price Target of $20.46. Owens-Illinois, Inc. has 52-Week high of $23.45 and 52-Week Low of $15.67. The stock touched its 52-Week High on 23.45 and 52-Week Low on 15.67. The stock traded with the volume of 1.55 Million shares yesterday. The firm shows the market capitalization of $3.17 Billion.

Owens-Illinois, Inc. (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.75/share against the analyst consensus estimate of $0.75/share. The difference between the actual and expected EPS is $0 a share with a surprise factor of 0%.

The firm is trading with SMA20 of 1.34 Percent, SMA50 of 8.17 Percent and SMA200 of 8.72 percent. Owens-Illinois, Inc. has P/S value of 0.46 while its P/B value stands at 3.3. Similarly, the company has Return on Assets of 1.4 percent, Return on Equity of 15.9 percent and Return on Investment of 3.2 Percent. The company shows Gross Margin and Operating Margin of 18.7 percent and 3.8 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.7 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 15 analysts offering 12-month price forecasts for Owens-Illinois Inc have a median target of 20.00, with a high estimate of 26.00 and a low estimate of 16.00. The median estimate represents a +1.78% increase from the last price of 19.65.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT)

Calumet Specialty Products Partners, L.P. is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil into customized lubricating oils, solvents, and waxes used in consumer, industrial, and automotive products. The Company also produces fuel products including gasoline, diesel fuel and jet fuel. Calumet is based in Indianapolis, Indiana and has three plants located in northwest Louisiana.

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT)’s Financial Outlook

The 4 analysts offering 12-month price forecasts for Calumet Specialty Products Partners LP have a median target of 3.75, with a high estimate of 7.00 and a low estimate of 3.00. The median estimate represents a +20.97% increase from the last price of 3.10.

Calumet Specialty Products Partners, L.P. is estimated to report earnings on 03/14/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.07. The reported EPS for the same quarter last year was $-0.39.

According to Zacks Investment Research, Calumet Specialty Products Partners, L.P. has a Consensus Recommendation of 3. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock declined -1.27% and closed its last trading session at $3.1. The company has the market capitalization of $244.34 Million. The stock has 52-week high of $8.75 and 52-Week low of $1.99. The firm touched its 52-Week high on 8.75 and 52-Week low on 1.99. The company has volume of 135162 shares. The company has a total of 78.82 Million shares outstanding.

Calumet Specialty Products Partners, L.P. (NASDAQ) in the last quarter reported its actual EPS of $-0.21/share where the analyst estimated EPS was $-0.04/share. The difference between the actual and Estimated EPS is $-0.17. This shows a surprise factor of -425 percent.

The company has YTD performance of 40.27 percent. Beta for Calumet Specialty Products Partners, L.P. stands at 2.38 while its ATR (average true range) is 0.23. The company has Weekly Volatility of 5.09%% and Monthly Volatility of 6.89%%.

Calumet Specialty Products Partners, L.P. has distance from 20-day Simple Moving Average (SMA20) of -3%, Distance from 50-Day Simple Moving Average of 5.54 percent and Distance from 200-Day Simple Moving Average of -46%.

The Company currently has ROA (Return on Assets) of 0 percent, Return on Equity (ROE) of 0 Percent and Return on Investment (ROI) of 7.5% with Gross margin of 12.4 percent and Operating & Profit margin of 0% and 0% respectively.