Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Receives Consensus Rating of “Hold” from Analysts

Shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLY) have earned a consensus rating of “Hold” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $14.6375.

A number of brokerages have issued reports on OTLY. Barclays set a $14.00 price target on shares of Oatly Group and gave the stock an “overweight” rating in a research note on Tuesday, April 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research note on Friday, March 27th. Finally, Morgan Stanley set a $12.55 price target on shares of Oatly Group in a research note on Thursday, April 30th.

Oatly Group Trading Up 1.5%

NASDAQ OTLY opened at $10.15 on Friday. The firm’s 50-day moving average is $10.93 and its two-hundred day moving average is $11.53. Oatly Group has a 12 month low of $9.40 and a 12 month high of $18.84. The company has a debt-to-equity ratio of 43.43, a current ratio of 0.45 and a quick ratio of 0.32. The stock has a market capitalization of $316.98 million, a P/E ratio of -2.03 and a beta of 1.89.

Oatly Group (NASDAQ:OTLY) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.38) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.90) by $0.52. The company had revenue of $228.33 million for the quarter, compared to analyst estimates of $214.61 million. Oatly Group had a negative net margin of 17.06% and a negative return on equity of 432.75%. On average, sell-side analysts anticipate that Oatly Group will post -2.77 earnings per share for the current year.

Institutional Trading of Oatly Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Performa Ltd US LLC increased its stake in Oatly Group by 16.8% during the fourth quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock worth $108,000 after purchasing an additional 1,450 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in Oatly Group during the first quarter worth about $133,000. Geode Capital Management LLC purchased a new stake in shares of Oatly Group during the second quarter worth approximately $151,000. R Squared Ltd acquired a new stake in Oatly Group in the fourth quarter valued at approximately $155,000. Finally, Van ECK Associates Corp raised its holdings in Oatly Group by 19.0% in the third quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock valued at $178,000 after acquiring an additional 1,756 shares in the last quarter. 68.15% of the stock is currently owned by hedge funds and other institutional investors.

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.