Oatly Group (NASDAQ:OTLY) Stock Price Down 1.7% – Should You Sell?

Oatly Group AB Sponsored ADR (NASDAQ:OTLY)’s stock price fell 1.7% during mid-day trading on Wednesday . The stock traded as low as $11.20 and last traded at $11.20. 27,369 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 78,596 shares. The stock had previously closed at $11.39.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on OTLY shares. Morgan Stanley set a $14.50 price objective on Oatly Group in a report on Tuesday, February 17th. Mizuho set a $18.00 price target on shares of Oatly Group and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Barclays set a $15.00 price objective on shares of Oatly Group and gave the stock an “overweight” rating in a report on Friday, January 16th. DA Davidson set a $14.00 price objective on shares of Oatly Group and gave the company a “buy” rating in a research note on Friday, November 21st. Finally, Zacks Research upgraded shares of Oatly Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 17th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $14.70.

Oatly Group Stock Performance

The company’s 50 day simple moving average is $11.44 and its 200 day simple moving average is $13.61. The company has a debt-to-equity ratio of 10.55, a quick ratio of 0.35 and a current ratio of 0.48. The stock has a market cap of $349.78 million, a PE ratio of -2.18 and a beta of 1.95.

Oatly Group (NASDAQ:OTLY) last released its earnings results on Wednesday, February 11th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.54) by ($0.07). The business had revenue of $233.78 million during the quarter, compared to the consensus estimate of $216.05 million. Oatly Group had a negative net margin of 17.71% and a negative return on equity of 236.71%. Analysts expect that Oatly Group AB Sponsored ADR will post -3.2 earnings per share for the current year.

Institutional Investors Weigh In On Oatly Group

A number of hedge funds have recently made changes to their positions in the business. Cubist Systematic Strategies LLC bought a new position in Oatly Group during the first quarter valued at about $133,000. Geode Capital Management LLC bought a new stake in Oatly Group in the second quarter worth about $151,000. Quadrature Capital Ltd purchased a new position in Oatly Group in the second quarter valued at about $120,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Oatly Group by 9.5% during 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 during the period. Finally, GAMMA Investing LLC grew its position in shares of Oatly Group by 62.2% during the 3rd quarter. GAMMA Investing LLC now owns 5,194 shares of the company’s stock valued at $84,000 after acquiring an additional 1,991 shares during the period. 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.