Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Receives $14.64 Consensus PT from Brokerages

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has been assigned an average recommendation of “Hold” from the six research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $14.6375.

A number of brokerages have recently issued reports on OTLY. Morgan Stanley set a $12.55 target price on shares of Oatly Group in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Oatly Group in a research note on Wednesday, June 24th. Finally, Barclays set a $14.00 price objective on shares of Oatly Group and gave the company an “overweight” rating in a report on Tuesday, April 14th.

Insider Buying and Selling

In other news, SVP Simon Kenneth James Broadbent sold 7,820 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 62,845 shares of the company’s stock, valued at approximately $562,462.75. This trade represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a legal 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, insider Martin Fredrik Lind sold 2,968 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $8.96, for a total value of $26,593.28. Following the completion of the sale, the insider owned 18,088 shares of the company’s stock, valued at $162,068.48. The trade was a 14.10% 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 have sold 12,722 shares of company stock worth $113,872. Corporate insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Oatly Group

Hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC lifted its stake in Oatly Group by 74.5% in the first quarter. Renaissance Technologies LLC now owns 51,513 shares of the company’s stock worth $522,000 after acquiring an additional 22,000 shares during the period. R Squared Ltd increased its position in Oatly Group by 77.1% during the 1st quarter. R Squared Ltd now owns 25,609 shares of the company’s stock valued at $260,000 after purchasing an additional 11,145 shares during the period. Millennium Management LLC bought a new stake in shares of Oatly Group in the 4th quarter valued at about $252,000. Performa Ltd US LLC raised its holdings in shares of Oatly Group by 16.8% in the 4th quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock valued at $108,000 after purchasing an additional 1,450 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Oatly Group by 80.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock worth $294,000 after purchasing an additional 12,249 shares during the period. 68.15% of the stock is currently owned by hedge funds and other institutional investors.

Oatly Group Stock Performance

Oatly Group stock opened at $9.76 on Friday. 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 firm has a market capitalization of $304.80 million, a P/E ratio of -1.95 and a beta of 1.85. Oatly Group has a 1-year low of $8.01 and a 1-year high of $18.84. The company’s 50-day moving average is $9.37 and its 200 day moving average is $10.62.

Oatly Group (NASDAQ:OTLY) last released its earnings results on Thursday, April 30th. The company reported ($0.38) EPS for the quarter, beating analysts’ consensus estimates of ($0.90) by $0.52. Oatly Group had a negative return on equity of 432.75% and a negative net margin of 17.06%.The firm had revenue of $228.33 million for the quarter, compared to analysts’ expectations of $214.61 million. Research analysts forecast that Oatly Group will post -2.77 EPS for the current 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.