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

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has been assigned an average rating of “Hold” from the seven analysts that are covering the stock, MarketBeat.com reports. One investment 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 price objective among brokerages that have issued a report on the stock in the last year is $14.70.

Several equities research analysts recently issued reports on OTLY shares. Zacks Research upgraded Oatly Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Oatly Group in a report on Monday, December 29th. Barclays set a $15.00 target price on Oatly Group and gave the stock an “overweight” rating in a report on Friday, January 16th. Mizuho set a $18.00 price target 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 objective on shares of Oatly Group and gave the stock a “buy” rating in a research report on Friday, November 21st.

Oatly Group Stock Down 4.6%

OTLY stock opened at $11.71 on Wednesday. Oatly Group has a fifty-two week low of $6.45 and a fifty-two week high of $18.84. The company has a debt-to-equity ratio of 10.55, a current ratio of 0.48 and a quick ratio of 0.35. The stock has a market capitalization of $355.16 million, a price-to-earnings ratio of -2.28 and a beta of 1.97. The business’s fifty day moving average price is $11.32 and its two-hundred day moving average price is $13.98.

Oatly Group (NASDAQ:OTLY) last released its quarterly earnings results on Wednesday, February 11th. The company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.54) by ($0.07). Oatly Group had a negative net margin of 17.71% and a negative return on equity of 236.71%. The business had revenue of $233.78 million during the quarter, compared to analyst estimates of $216.05 million. On average, equities analysts anticipate that Oatly Group will post -3.2 earnings per share for the current year.

Institutional Investors Weigh In On Oatly Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its holdings in shares of Oatly Group by 62.2% in the 3rd quarter. GAMMA Investing LLC now owns 5,194 shares of the company’s stock valued at $84,000 after purchasing an additional 1,991 shares in the last quarter. Performa Ltd US LLC boosted its stake in Oatly Group by 16.8% in the fourth quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock valued at $108,000 after buying an additional 1,450 shares in the last quarter. Quadrature Capital Ltd bought a new position in Oatly Group in the second quarter valued at about $120,000. Cubist Systematic Strategies LLC acquired a new position in Oatly Group during the first quarter worth about $133,000. Finally, Geode Capital Management LLC acquired a new position in Oatly Group during the 2nd quarter worth approximately $151,000. 68.15% of the stock is currently owned by institutional investors.

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.