Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Given Consensus Rating of “Hold” by Brokerages

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

OTLY has been the topic of several recent research reports. Mizuho set a $18.00 price objective on Oatly Group and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Zacks Research upgraded shares of Oatly Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 17th. Barclays reiterated an “overweight” rating and issued a $18.00 price objective (up previously from $16.00) on shares of Oatly Group in a research note on Friday, October 31st. DA Davidson set a $14.00 target price on shares of Oatly Group and gave the stock a “buy” rating in a research report on Friday, November 21st. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research report on Monday, December 15th.

Oatly Group Trading Down 0.5%

OTLY stock opened at $11.06 on Tuesday. Oatly Group has a one year low of $6.00 and a one year high of $18.84. The stock has a market cap of $335.45 million, a price-to-earnings ratio of -1.47 and a beta of 1.96. The company has a fifty day moving average price of $13.22 and a two-hundred day moving average price of $14.54. The company has a debt-to-equity ratio of 7.21, a current ratio of 0.42 and a quick ratio of 0.32.

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

Institutional Trading of Oatly Group

A number of institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC lifted its holdings in shares of Oatly Group by 85.1% in 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 in the last quarter. Quadrature Capital Ltd acquired a new position in Oatly Group during the second quarter worth $120,000. Van ECK Associates Corp lifted its stake 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. Geode Capital Management LLC bought a new stake in shares of Oatly Group during the second quarter worth about $151,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Oatly Group during the first quarter worth about $133,000. 68.15% of the stock is currently owned by institutional investors.

About Oatly Group

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.