Oatly Group (NASDAQ:OTLY) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Oatly Group (NASDAQ:OTLY) announced its quarterly earnings data on Wednesday. The company reported ($1.00) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.99) by ($0.01), FiscalAI reports. The firm had revenue of $240.09 million for the quarter, compared to analysts’ expectations of $219.47 million. Oatly Group had a negative net margin of 17.06% and a negative return on equity of 432.75%.

Oatly Group Trading Down 8.4%

Shares of OTLY opened at $9.05 on Wednesday. The stock has a market capitalization of $282.59 million, a P/E ratio of -1.81 and a beta of 1.85. The company has a quick ratio of 0.32, a current ratio of 0.45 and a debt-to-equity ratio of 43.43. The firm has a fifty day simple moving average of $9.30 and a two-hundred day simple moving average of $10.58. Oatly Group has a twelve month low of $8.01 and a twelve month high of $18.84.

Analyst Upgrades and Downgrades

OTLY has been the subject of several research reports. Morgan Stanley set a $12.55 target price on Oatly Group in a research note on Thursday, April 30th. Barclays reissued an “overweight” rating and set a $12.00 price target (down from $14.00) on shares of Oatly Group in a research note on Tuesday. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Oatly Group in a research note on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Oatly Group presently has a consensus rating of “Hold” and an average price target of $14.14.

Insider Transactions at Oatly Group

In other Oatly Group news, SVP Simon Kenneth James Broadbent sold 7,820 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $8.95, for a total value of $69,989.00. Following the transaction, the senior vice president owned 62,845 shares in the company, valued at approximately $562,462.75. The trade was a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Martin Fredrik Lind sold 2,968 shares of the company’s 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 transaction, the insider directly owned 18,088 shares of the company’s stock, valued at approximately $162,068.48. This trade represents a 14.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 12,722 shares of company stock worth $113,872 in the last 90 days. Corporate insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of OTLY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Oatly Group by 9.5% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,130 shares of the company’s stock valued at $215,000 after buying an additional 1,568 shares during the period. Millennium Management LLC bought a new stake in Oatly Group in the fourth quarter valued at $252,000. Goldman Sachs Group Inc. boosted its holdings 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 acquiring an additional 12,249 shares in the last quarter. UBS Group AG increased its position 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. Finally, Credit Agricole S A purchased a new position in Oatly Group during the 3rd quarter valued at $2,098,000. Institutional investors own 68.15% of the company’s stock.

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.