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

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $14.1375.

Several brokerages recently weighed in on OTLY. Weiss Ratings reissued a “sell (e+)” rating on shares of Oatly Group in a research note on Wednesday, June 24th. Barclays restated an “overweight” rating and set a $12.00 price objective (down from $14.00) on shares of Oatly Group in a research report on Tuesday, July 21st. Finally, Morgan Stanley set a $12.55 target price on shares of Oatly Group in a research report on Thursday, April 30th.

Insiders Place Their Bets

In other Oatly Group news, insider Martin Fredrik Lind sold 2,968 shares of the company’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 owned 18,088 shares of the company’s stock, valued at approximately $162,068.48. This represents a 14.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 Oatly Group stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $8.95, for a total value of $69,989.00. Following the completion of the transaction, the senior vice president directly owned 62,845 shares of the company’s stock, valued at approximately $562,462.75. This trade represents a 11.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 worth $113,872 in the last ninety days. Insiders own 1.70% of the company’s stock.

Institutional Trading of Oatly Group

Hedge funds have recently modified their holdings of the stock. Millennium Management LLC bought a new position in Oatly Group during the fourth quarter worth $252,000. Renaissance Technologies LLC bought a new position in shares of Oatly Group during the 4th quarter worth about $315,000. Goldman Sachs Group Inc. boosted its position in shares of Oatly Group by 80.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock worth $294,000 after purchasing an additional 12,249 shares in the last quarter. Credit Agricole S A acquired a new stake in shares of Oatly Group in the 3rd quarter valued at about $2,098,000. Finally, UBS Group AG increased its position in Oatly Group by 1.5% in the 3rd quarter. UBS Group AG now owns 646,591 shares of the company’s stock valued at $10,475,000 after buying an additional 9,620 shares in the last quarter. Institutional investors own 68.15% of the company’s stock.

Oatly Group Stock Performance

NASDAQ:OTLY opened at $14.25 on Thursday. The stock’s 50-day moving average is $10.20 and its 200-day moving average is $10.79. Oatly Group has a 1-year low of $8.01 and a 1-year high of $18.84. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 43.43. The stock has a market cap of $454.72 million, a P/E ratio of -3.45 and a beta of 1.81.

Oatly Group (NASDAQ:OTLY) last posted its earnings results on Wednesday, July 22nd. The company reported ($0.99) EPS for the quarter, hitting the consensus estimate of ($0.99). Oatly Group had a negative net margin of 13.81% and a negative return on equity of 2,479.86%. The business had revenue of $240.09 million for the quarter, compared to the consensus estimate of $219.47 million. Equities research analysts anticipate that Oatly Group will post -2.71 earnings per share for the current year.

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.