Analysts Set Oatly Group AB Sponsored ADR (NASDAQ:OTLY) PT at $14.64

Shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLYGet Free Report) have received a consensus rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $14.6375.

Several research firms have recently issued reports on OTLY. Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research note on Friday, March 27th. Barclays set a $14.00 price target on Oatly Group and gave the stock an “overweight” rating in a research note on Tuesday, April 14th. Finally, Morgan Stanley set a $12.55 price target on Oatly Group in a research note on Thursday, April 30th.

Read Our Latest Analysis on OTLY

Institutional Trading of Oatly Group

Several hedge funds have recently added to or reduced their stakes in the business. UBS Group AG boosted its stake in Oatly Group by 1.5% during the 3rd quarter. UBS Group AG now owns 646,591 shares of the company’s stock valued at $10,475,000 after purchasing an additional 9,620 shares during the period. Credit Agricole S A bought a new stake in Oatly Group during the 3rd quarter valued at approximately $2,098,000. Renaissance Technologies LLC boosted its stake in Oatly Group by 74.5% during the 1st quarter. Renaissance Technologies LLC now owns 51,513 shares of the company’s stock valued at $522,000 after purchasing an additional 22,000 shares during the period. Goldman Sachs Group Inc. boosted its stake in Oatly Group by 80.4% during the 4th 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 during the period. Finally, R Squared Ltd boosted its stake 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. Institutional investors own 68.15% of the company’s stock.

Oatly Group Stock Performance

OTLY opened at $9.97 on Friday. The company has a market cap of $311.36 million, a PE ratio of -1.99 and a beta of 1.89. The stock has a 50-day moving average of $10.92 and a 200-day moving average of $11.43. Oatly Group has a 52-week low of $9.40 and a 52-week high of $18.84. The company has a debt-to-equity ratio of 43.43, a quick ratio of 0.32 and a current ratio of 0.45.

Oatly Group (NASDAQ:OTLYGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported ($0.38) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.90) by $0.52. The company had revenue of $228.33 million during the quarter, compared to the consensus estimate of $214.61 million. Oatly Group had a negative return on equity of 432.75% and a negative net margin of 17.06%. As a group, equities research analysts forecast that Oatly Group will post -2.77 earnings per share for the current fiscal year.

Oatly Group Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Oatly Group (NASDAQ:OTLY)

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