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

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has been given a consensus recommendation of “Hold” by the seven analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $14.70.

A number of equities research analysts recently weighed in on the stock. Mizuho set a $18.00 price target on shares of Oatly Group and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Zacks Research raised shares of Oatly Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research report on Monday, December 29th. Barclays set a $15.00 price target on Oatly Group and gave the company an “overweight” rating in a research note on Friday, January 16th. Finally, DA Davidson set a $14.00 price target on Oatly Group and gave the stock a “buy” rating in a research report on Friday, November 21st.

Oatly Group Price Performance

Shares of OTLY stock opened at $10.83 on Friday. The firm has a market cap of $338.22 million, a price-to-earnings ratio of -2.11 and a beta of 1.95. Oatly Group has a 12 month low of $8.25 and a 12 month high of $18.84. The company has a quick ratio of 0.35, a current ratio of 0.48 and a debt-to-equity ratio of 10.55. The stock has a 50-day moving average price of $11.43 and a 200 day moving average price of $13.52.

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

Hedge Funds Weigh In On Oatly Group

Several institutional investors have recently modified their holdings of the stock. Millennium Management LLC acquired a new stake in shares of Oatly Group in the 4th quarter valued at approximately $252,000. Renaissance Technologies LLC acquired a new position in Oatly Group during the fourth quarter valued at approximately $315,000. Performa Ltd US LLC grew its holdings in Oatly Group by 16.8% during the fourth 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 during the period. Goldman Sachs Group Inc. increased its stake in Oatly Group by 80.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock valued at $294,000 after purchasing an additional 12,249 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in Oatly Group in the fourth quarter worth $155,000. 68.15% of the stock is currently owned by institutional investors and hedge funds.

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.