Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Given Consensus Recommendation of “Hold” by Brokerages

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

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

Oatly Group Trading Up 2.8%

Shares of NASDAQ:OTLY traded up $0.27 during mid-day trading on Friday, hitting $9.85. The stock had a trading volume of 83,353 shares, compared to its average volume of 78,691. The company’s 50 day moving average is $9.41 and its 200-day moving average is $10.65. Oatly Group has a 12-month low of $8.01 and a 12-month 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. The company has a market cap of $307.62 million, a PE ratio of -1.97 and a beta of 1.85.

Oatly Group (NASDAQ:OTLY) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.38) earnings per share for the quarter, topping the consensus estimate of ($0.90) by $0.52. Oatly Group had a negative net margin of 17.06% and a negative return on equity of 432.75%. The firm had revenue of $228.33 million for the quarter, compared to analysts’ expectations of $214.61 million. On average, sell-side analysts predict that Oatly Group will post -2.77 EPS for the current year.

Insider Buying and Selling

In other news, SVP Simon Kenneth James Broadbent sold 7,820 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $8.95, for a total value of $69,989.00. Following the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $8.96, for a total value of $26,593.28. Following the completion of the transaction, the insider directly owned 18,088 shares in the company, valued at $162,068.48. The trade was a 14.10% 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. Insiders sold a total of 12,722 shares of company stock valued at $113,872 in the last quarter. Corporate insiders own 1.70% of the company’s stock.

Institutional Trading of Oatly Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OTLY. Millennium Management LLC bought a new stake in shares of Oatly Group in the 4th quarter valued at $252,000. Renaissance Technologies LLC bought a new stake in Oatly Group in the 4th quarter valued at approximately $315,000. Goldman Sachs Group Inc. lifted its position in shares of Oatly Group by 80.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock worth $294,000 after purchasing an additional 12,249 shares in the last quarter. Credit Agricole S A bought a new stake in Oatly Group during the 3rd quarter worth about $2,098,000. Finally, UBS Group AG raised its holdings in Oatly Group by 1.5% during the third quarter. UBS Group AG now owns 646,591 shares of the company’s stock worth $10,475,000 after acquiring an additional 9,620 shares in the last quarter. 68.15% of the stock is currently owned by institutional investors and hedge funds.

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.