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

Shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLY) have received an average recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $14.75.

OTLY has been the topic of several analyst reports. Mizuho set a $18.00 price target on shares of Oatly Group and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Zacks Research raised Oatly Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of Oatly Group in a research report on Monday, December 29th. DA Davidson set a $14.00 price objective on shares of Oatly Group and gave the company a “buy” rating in a report on Friday, November 21st. Finally, Barclays set a $15.00 target price on shares of Oatly Group and gave the stock an “overweight” rating in a research note on Friday.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in OTLY. GAMMA Investing LLC grew its position in Oatly Group by 85.1% during the 2nd quarter. GAMMA Investing LLC now owns 3,203 shares of the company’s stock worth $38,000 after purchasing an additional 1,473 shares during the last quarter. Quadrature Capital Ltd purchased a new position in shares of Oatly Group during the second quarter worth about $120,000. Van ECK Associates Corp grew its holdings in shares of Oatly Group by 19.0% during the third quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock worth $178,000 after buying an additional 1,756 shares during the last quarter. Geode Capital Management LLC acquired a new position in Oatly Group in the 2nd quarter valued at about $151,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in Oatly Group during the 1st quarter valued at approximately $133,000. 68.15% of the stock is currently owned by institutional investors and hedge funds.

Oatly Group Stock Performance

NASDAQ:OTLY opened at $11.52 on Friday. The company has a market cap of $349.40 million, a P/E ratio of -1.53 and a beta of 1.97. Oatly Group has a twelve month low of $6.00 and a twelve month high of $18.84. The company’s 50-day moving average price is $11.83 and its 200-day moving average price is $14.36. The company has a current ratio of 0.42, a quick ratio of 0.32 and a debt-to-equity ratio of 7.21.

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

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.