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

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has earned an average recommendation of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $14.6375.

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

Insiders Place Their Bets

In other news, insider Martin Fredrik Lind sold 2,968 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $8.96, for a total transaction of $26,593.28. Following the completion of the sale, the insider directly owned 18,088 shares in the company, valued at approximately $162,068.48. This represents a 14.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Simon Kenneth James Broadbent sold 7,820 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $8.95, for a total value of $69,989.00. Following the completion of the sale, the senior vice president directly owned 62,845 shares in the company, valued at $562,462.75. The trade was a 11.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 12,722 shares of company stock worth $113,872. Insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Oatly Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Credit Agricole S A purchased a new stake in shares of Oatly Group in the 3rd quarter worth approximately $2,098,000. Renaissance Technologies LLC purchased a new position in Oatly Group during the fourth quarter valued at $315,000. Millennium Management LLC purchased a new position in Oatly Group during the fourth quarter valued at $252,000. R Squared Ltd bought a new stake in Oatly Group in the fourth quarter worth $155,000. Finally, Cubist Systematic Strategies LLC bought a new stake in Oatly Group in the first quarter worth $133,000. Hedge funds and other institutional investors own 68.15% of the company’s stock.

Oatly Group Stock Up 0.4%

Shares of NASDAQ:OTLY opened at $10.04 on Friday. The stock’s 50-day moving average price is $9.33 and its 200-day moving average price is $10.60. Oatly Group has a 12-month low of $8.01 and a 12-month high of $18.84. The stock has a market capitalization of $313.50 million, a P/E ratio of -2.01 and a beta of 1.85. The company has a current ratio of 0.45, a quick ratio of 0.32 and a debt-to-equity ratio of 43.43.

Oatly Group (NASDAQ:OTLY) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.38) EPS for the quarter, topping the consensus estimate of ($0.90) by $0.52. The firm had revenue of $228.33 million for 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%. On average, equities analysts anticipate that Oatly Group will post -2.77 earnings per share for the current year.

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.