Brokerages Set Oatly Group AB Sponsored ADR (NASDAQ:OTLY) PT at $15.50

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has been given a consensus rating of “Hold” by the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $15.50.

Several research firms recently commented on OTLY. Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research report on Monday, December 22nd. Barclays reiterated an “overweight” rating and set a $18.00 price target (up previously from $16.00) on shares of Oatly Group in a report on Friday, October 31st. Mizuho set a $18.00 price objective on Oatly Group and gave the company an “outperform” rating in a report on Wednesday, November 26th. DA Davidson set a $14.00 target price on Oatly Group and gave the stock a “buy” rating in a report on Friday, November 21st. Finally, Zacks Research raised Oatly Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 17th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in OTLY. GAMMA Investing LLC boosted its stake in shares of Oatly Group by 85.1% in the 2nd quarter. GAMMA Investing LLC now owns 3,203 shares of the company’s stock valued at $38,000 after purchasing an additional 1,473 shares during the last quarter. Quadrature Capital Ltd acquired a new position in Oatly Group in the second quarter valued at $120,000. Credit Agricole S A bought a new stake in Oatly Group during the third quarter valued at $2,098,000. UBS Group AG grew its holdings in Oatly Group by 1.5% during the 3rd quarter. UBS Group AG now owns 646,591 shares of the company’s stock worth $10,475,000 after acquiring an additional 9,620 shares during the period. Finally, Van ECK Associates Corp raised its position in shares of Oatly Group by 19.0% in the 3rd quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock worth $178,000 after acquiring an additional 1,756 shares in the last quarter. Institutional investors own 68.15% of the company’s stock.

Oatly Group Trading Up 1.1%

NASDAQ OTLY opened at $11.24 on Tuesday. The company has a market cap of $340.91 million, a price-to-earnings ratio of -1.49 and a beta of 1.96. Oatly Group has a twelve month low of $6.00 and a twelve month high of $18.84. The company has a quick ratio of 0.32, a current ratio of 0.42 and a debt-to-equity ratio of 7.21. The business’s fifty day moving average is $12.96 and its 200 day moving average is $14.50.

Oatly Group (NASDAQ:OTLY) last posted its earnings results on Wednesday, October 29th. The company reported ($2.15) EPS for the quarter, missing the consensus estimate of ($0.63) by ($1.52). The firm had revenue of $222.80 million during the quarter, compared to the consensus estimate of $211.45 million. Oatly Group had a negative net margin of 26.67% and a negative return on equity of 201.36%. As a group, sell-side analysts expect that Oatly Group will post -3.2 EPS for the current fiscal year.

About Oatly Group

Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.

Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.