Oatly Group (NASDAQ:OTLY) Posts Earnings Results, Beats Estimates By $0.52 EPS

Oatly Group (NASDAQ:OTLY) posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.38) EPS for the quarter, topping analysts’ consensus estimates of ($0.90) by $0.52, Zacks reports. Oatly Group had a negative return on equity of 432.75% and a negative net margin of 17.06%.The company had revenue of $228.33 million for the quarter, compared to the consensus estimate of $214.61 million.

Oatly Group Stock Up 0.9%

Shares of NASDAQ OTLY traded up $0.07 during mid-day trading on Monday, reaching $8.26. The company had a trading volume of 49,097 shares, compared to its average volume of 78,441. The company has a debt-to-equity ratio of 43.43, a quick ratio of 0.32 and a current ratio of 0.45. Oatly Group has a twelve month low of $8.09 and a twelve month high of $18.84. The stock’s 50 day moving average is $10.79 and its 200-day moving average is $11.16. The stock has a market capitalization of $257.92 million, a PE ratio of -1.65 and a beta of 1.85.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on OTLY. Weiss Ratings restated a “sell (e+)” rating on shares of Oatly Group in a report on Friday, March 27th. Morgan Stanley set a $12.55 price objective on shares of Oatly Group in a research note on Thursday, April 30th. Finally, Barclays set a $14.00 target price on shares of Oatly Group and gave the stock an “overweight” rating in a research report on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $14.64.

Insider Transactions at Oatly Group

In related news, SVP Simon Kenneth James Broadbent sold 7,820 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was 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. This represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 Oatly Group stock in a transaction that occurred on 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 owned 18,088 shares of the company’s stock, valued at $162,068.48. This trade represents 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 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 Investors Weigh In On Oatly Group

Large investors have recently bought and sold shares of the business. Cubist Systematic Strategies LLC acquired a new stake in shares of Oatly Group in the first quarter worth about $133,000. Geode Capital Management LLC acquired a new stake in Oatly Group in the 2nd quarter worth approximately $151,000. Van ECK Associates Corp boosted its position in Oatly Group by 19.0% during the third quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock worth $178,000 after purchasing an additional 1,756 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in 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 purchasing an additional 1,568 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of Oatly Group in the fourth quarter valued at approximately $252,000. 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.