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

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has received an average recommendation of “Hold” from the seven research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $15.50.

Several equities analysts have recently issued reports on the stock. Barclays reissued 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. Zacks Research raised shares of Oatly Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 17th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research note on Monday, December 22nd. Mizuho set a $18.00 target price on Oatly Group and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Finally, DA Davidson set a $14.00 price target on Oatly Group and gave the company a “buy” rating in a research note on Friday, November 21st.

Oatly Group Trading Down 2.8%

NASDAQ OTLY opened at $11.12 on Tuesday. The company has a debt-to-equity ratio of 7.21, a quick ratio of 0.32 and a current ratio of 0.42. Oatly Group has a one year low of $6.00 and a one year high of $18.84. The company has a 50-day simple moving average of $13.03 and a 200-day simple moving average of $14.49. The firm has a market capitalization of $337.27 million, a PE ratio of -1.48 and a beta of 1.96.

Oatly Group (NASDAQ:OTLY) last issued its earnings results on Wednesday, October 29th. The company reported ($2.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.63) by ($1.52). The business had revenue of $222.80 million during the quarter, compared to the consensus estimate of $211.45 million. Oatly Group had a negative return on equity of 201.36% and a negative net margin of 26.67%. On average, equities analysts forecast that Oatly Group will post -3.2 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of OTLY. GAMMA Investing LLC boosted its position in shares of Oatly Group by 85.1% during 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 in the last quarter. Quadrature Capital Ltd bought a new stake in Oatly Group during the second quarter worth approximately $120,000. Cubist Systematic Strategies LLC bought a new stake in Oatly Group during the first quarter worth approximately $133,000. Geode Capital Management LLC acquired a new position in Oatly Group in the second quarter worth approximately $151,000. Finally, Van ECK Associates Corp increased its holdings in shares of 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 buying an additional 1,756 shares in the last quarter. 68.15% of the stock is owned by institutional investors and hedge funds.

Oatly Group Company Profile

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.