Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Receives $14.14 Consensus PT from Brokerages

Shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLY) have earned an average recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. One 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 price target among brokers that have issued ratings on the stock in the last year is $14.1375.

Several research firms have recently issued reports on OTLY. Weiss Ratings reissued a “sell (e+)” rating on shares of Oatly Group in a research report on Wednesday, June 24th. Barclays reaffirmed an “overweight” rating and issued a $12.00 price objective (down from $14.00) on shares of Oatly Group in a report on Tuesday, July 21st. Finally, Morgan Stanley set a $12.55 price objective on shares of Oatly Group in a research note on Thursday, April 30th.

Oatly Group Stock Up 0.9%

OTLY stock opened at $13.15 on Thursday. Oatly Group has a fifty-two week low of $8.01 and a fifty-two week high of $18.84. The stock has a fifty day moving average of $10.59 and a 200-day moving average of $10.87. The company has a market capitalization of $419.62 million, a price-to-earnings ratio of -3.18 and a beta of 1.81. The company has a debt-to-equity ratio of 43.43, a quick ratio of 0.30 and a current ratio of 0.43.

Oatly Group (NASDAQ:OTLY) last released its quarterly earnings data on Wednesday, July 22nd. The company reported ($0.99) EPS for the quarter, meeting the consensus estimate of ($0.99). The business had revenue of $240.09 million for the quarter, compared to the consensus estimate of $219.47 million. Oatly Group had a negative net margin of 13.81% and a negative return on equity of 2,479.86%. As a group, equities research analysts predict that Oatly Group will post -2.71 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Martin Fredrik Lind sold 2,968 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $8.96, for a total transaction of $26,593.28. Following the sale, the insider directly owned 18,088 shares in the company, valued at approximately $162,068.48. The trade was a 14.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 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 sale, the senior vice president directly owned 62,845 shares in the company, valued at $562,462.75. This trade represents a 11.07% 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. Insiders sold 12,722 shares of company stock valued at $113,872 over the last ninety days. Corporate insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Oatly Group

Several hedge funds and other institutional investors have recently modified their holdings of OTLY. Credit Agricole S A bought a new position in shares of Oatly Group in the third quarter valued at approximately $2,098,000. Renaissance Technologies LLC bought a new stake in Oatly Group during the 4th quarter worth approximately $315,000. Millennium Management LLC purchased a new stake in Oatly Group in the 4th quarter worth approximately $252,000. R Squared Ltd purchased a new stake in Oatly Group in the 4th quarter worth approximately $155,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in Oatly Group in the 1st quarter worth approximately $133,000. 68.15% of the stock is currently owned by institutional investors.

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.