Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Receives Consensus Recommendation of “Hold” from Analysts

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has received an average recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $17.75.

A number of research firms have commented on OTLY. Wall Street Zen raised shares of Oatly Group from a “sell” rating to a “hold” rating in a research report on Saturday, July 12th. Barclays reissued an “overweight” rating and set a $18.00 target price (up previously from $16.00) on shares of Oatly Group in a report on Friday. Weiss Ratings reissued a “sell (d-)” rating on shares of Oatly Group in a report on Wednesday, October 8th. Zacks Research raised Oatly Group from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Finally, JPMorgan Chase & Co. assumed coverage on Oatly Group in a report on Wednesday, August 20th. They set a “neutral” rating for the company.

Oatly Group Trading Up 0.8%

OTLY stock opened at $15.79 on Monday. The company has a debt-to-equity ratio of 7.21, a current ratio of 0.42 and a quick ratio of 0.32. The company has a fifty day moving average price of $16.25 and a two-hundred day moving average price of $13.93. Oatly Group has a one year low of $6.00 and a one year high of $19.13. The stock has a market cap of $478.59 million, a price-to-earnings ratio of -2.10 and a beta of 1.95.

Oatly Group (NASDAQ:OTLY) last released its quarterly earnings data on Wednesday, October 29th. The company reported ($2.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.63) by ($1.52). Oatly Group had a negative return on equity of 201.36% and a negative net margin of 26.67%.The company had revenue of $222.80 million for the quarter, compared to the consensus estimate of $211.45 million. Oatly Group has set its FY 2025 guidance at EPS. Equities analysts anticipate that Oatly Group will post -3.2 EPS for the current year.

Institutional Investors Weigh In On Oatly Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings 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 worth $215,000 after buying an additional 1,568 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in Oatly Group in the first quarter valued at about $133,000. Geode Capital Management LLC acquired a new position in Oatly Group in the second quarter valued at about $151,000. Quadrature Capital Ltd acquired a new position in Oatly Group in the second quarter valued at about $120,000. Finally, GAMMA Investing LLC raised its stake in Oatly Group by 62.2% in the third quarter. GAMMA Investing LLC now owns 5,194 shares of the company’s stock valued at $84,000 after purchasing an additional 1,991 shares in the last quarter. Institutional investors and hedge funds own 68.15% of the company’s stock.

Oatly Group Company Profile

Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks.