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

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has earned an average rating of “Hold” from the six analysts that are covering the firm, MarketBeat reports. One equities 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 twelve-month price target among analysts that have issued ratings on the stock in the last year is $14.1375.

A number of equities analysts recently issued reports on OTLY shares. Barclays reissued an “overweight” rating and issued a $12.00 price target (down from $14.00) on shares of Oatly Group in a research note on Tuesday, July 21st. Morgan Stanley set a $12.55 target price on Oatly Group in a report on Thursday, April 30th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Oatly Group in a research report on Wednesday, June 24th.

Oatly Group Stock Down 4.4%

Shares of Oatly Group stock opened at $13.12 on Thursday. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 43.43. The company’s fifty day simple moving average is $10.41 and its two-hundred day simple moving average is $10.84. The company has a market cap of $418.66 million, a P/E ratio of -3.18 and a beta of 1.81. Oatly Group has a 12-month low of $8.01 and a 12-month high of $18.84.

Oatly Group (NASDAQ:OTLY) last posted its earnings results on Wednesday, July 22nd. The company reported ($0.99) EPS for the quarter, hitting the consensus estimate of ($0.99). The firm had revenue of $240.09 million during the quarter, compared to analysts’ expectations of $219.47 million. Oatly Group had a negative net margin of 13.81% and a negative return on equity of 2,479.86%. Research analysts anticipate that Oatly Group will post -2.71 EPS for the current year.

Insider Buying and Selling at Oatly Group

In other Oatly Group news, insider Martin Fredrik Lind sold 2,968 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $8.96, for a total transaction of $26,593.28. Following the completion of the transaction, the insider owned 18,088 shares of the company’s stock, valued at approximately $162,068.48. This trade represents a 14.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Simon Kenneth James Broadbent sold 7,820 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $8.95, for a total transaction of $69,989.00. Following the sale, the senior vice president owned 62,845 shares in the company, valued at approximately $562,462.75. This trade represents a 11.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 12,722 shares of company stock worth $113,872. 1.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Performa Ltd US LLC boosted 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 acquiring an additional 1,450 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Oatly Group during the first quarter valued at approximately $133,000. Geode Capital Management LLC purchased a new position in shares of Oatly Group during the second quarter valued at approximately $151,000. R Squared Ltd purchased a new position in shares of Oatly Group during the fourth quarter valued at approximately $155,000. Finally, Van ECK Associates Corp boosted 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 purchasing an additional 1,756 shares in the last quarter. 68.15% of the stock is owned by hedge funds and other 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.