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

Shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLY) have received an average rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $14.6375.

OTLY has been the subject of several analyst reports. Barclays set a $14.00 price objective on shares of Oatly Group and gave the company an “overweight” rating in a research note on Tuesday, April 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research note on Friday, March 27th. Finally, Morgan Stanley set a $12.55 price objective on shares of Oatly Group in a research note on Thursday, April 30th.

Insider Activity

In other Oatly Group news, insider Martin Fredrik Lind sold 2,968 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $8.96, for a total value of $26,593.28. Following the completion of the sale, the insider owned 18,088 shares in the company, valued at approximately $162,068.48. This trade represents a 14.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 stock in a transaction that occurred 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 transaction, the senior vice president directly owned 62,845 shares of the company’s stock, valued at $562,462.75. This represents a 11.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 12,722 shares of company stock valued at $113,872. Company insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Performa Ltd US LLC grew its position in shares of Oatly Group by 16.8% during the 4th quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock valued at $108,000 after acquiring an additional 1,450 shares during the period. Van ECK Associates Corp grew its position in shares of Oatly Group by 19.0% during 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 during the period. Geode Capital Management LLC bought a new position in shares of Oatly Group during the 2nd quarter valued at approximately $151,000. Cubist Systematic Strategies LLC bought a new position in shares of Oatly Group during the 1st quarter valued at approximately $133,000. Finally, R Squared Ltd bought a new position in shares of Oatly Group during the 4th quarter valued at approximately $155,000. 68.15% of the stock is owned by institutional investors.

Oatly Group Trading Up 0.6%

OTLY opened at $8.31 on Tuesday. The company has a debt-to-equity ratio of 43.43, a current ratio of 0.45 and a quick ratio of 0.32. Oatly Group has a fifty-two week low of $8.01 and a fifty-two week high of $18.84. The firm has a market capitalization of $259.52 million, a PE ratio of -1.66 and a beta of 1.86. The company’s 50-day moving average is $10.33 and its 200 day moving average is $10.86.

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

About Oatly Group

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.