Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Receives $14.75 Consensus Target Price from Analysts

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has earned a consensus rating of “Hold” from the seven research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $14.75.

A number of analysts have weighed in on the stock. Zacks Research upgraded shares of Oatly Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 17th. DA Davidson set a $14.00 price target on shares of Oatly Group and gave the company a “buy” rating in a research report on Friday, November 21st. Mizuho set a $18.00 price objective on shares of Oatly Group and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Barclays set a $15.00 price objective on Oatly Group and gave the company an “overweight” rating in a research report on Friday, January 16th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Oatly Group in a report on Monday, December 29th.

Oatly Group Stock Performance

Oatly Group stock opened at $12.27 on Wednesday. The stock’s 50 day moving average is $11.32 and its 200 day moving average is $14.02. The company has a market capitalization of $372.15 million, a P/E ratio of -2.39 and a beta of 1.97. Oatly Group has a twelve month low of $6.45 and a twelve month high of $18.84. The company has a quick ratio of 0.35, a current ratio of 0.48 and a debt-to-equity ratio of 10.55.

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

Institutional Trading of Oatly Group

A number of institutional investors have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC purchased a new position in shares of Oatly Group during the first quarter valued at approximately $133,000. Geode Capital Management LLC bought a new stake in Oatly Group in the 2nd quarter worth approximately $151,000. Quadrature Capital Ltd purchased a new stake in Oatly Group during the 2nd quarter valued at $120,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings 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 buying an additional 1,568 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Oatly Group by 62.2% in the 3rd quarter. GAMMA Investing LLC now owns 5,194 shares of the company’s stock worth $84,000 after buying an additional 1,991 shares during the last quarter. Hedge funds and other institutional investors own 68.15% of the company’s stock.

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.