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

Oatly Group AB Sponsored ADR (NASDAQ:OTLYGet Free Report) has received a consensus rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $14.6375.

Several equities analysts have recently weighed in on OTLY shares. Barclays set a $14.00 price objective on 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 research note on Thursday, April 30th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Oatly Group in a report on Wednesday, June 24th.

Get Our Latest Report on OTLY

Oatly Group Price Performance

OTLY opened at $10.00 on Friday. The stock has a market cap of $312.30 million, a P/E ratio of -2.00 and a beta of 1.85. Oatly Group has a 12 month low of $8.01 and a 12 month high of $18.84. 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 company has a fifty day simple moving average of $9.34 and a 200 day simple moving average of $10.61.

Oatly Group (NASDAQ:OTLYGet Free Report) last posted its earnings results 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 return on equity of 432.75% and a negative net margin of 17.06%.The firm had revenue of $228.33 million for the quarter, compared to analyst estimates of $214.61 million. On average, research analysts expect that Oatly Group will post -2.77 EPS for the current year.

Insider Buying and Selling at Oatly Group

In related news, insider Martin Fredrik Lind sold 2,968 shares of the firm’s stock in a transaction 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 sale, the insider directly owned 18,088 shares in the company, valued at $162,068.48. This trade represents a 14.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $8.95, for a total transaction of $69,989.00. Following the completion of the sale, the senior vice president directly owned 62,845 shares in the company, valued at $562,462.75. This represents a 11.07% 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 have sold 12,722 shares of company stock valued at $113,872 in the last three months. 1.70% of the stock is owned by insiders.

Institutional Trading of Oatly Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC acquired a new position in shares of Oatly Group during the first quarter worth about $133,000. Geode Capital Management LLC acquired a new stake in Oatly Group in the 2nd quarter valued at approximately $151,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Oatly Group by 9.5% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,130 shares of the company’s stock valued at $215,000 after acquiring an additional 1,568 shares in the last quarter. Van ECK Associates Corp lifted its stake in Oatly Group by 19.0% in the 3rd quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock valued at $178,000 after acquiring an additional 1,756 shares in the last quarter. Finally, UBS Group AG boosted 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 worth $10,475,000 after acquiring an additional 9,620 shares during the last quarter. Institutional investors and hedge funds own 68.15% of the company’s stock.

About Oatly Group

(Get Free Report)

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.

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Analyst Recommendations for Oatly Group (NASDAQ:OTLY)

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