Analysts Set Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Target Price at $14.70

Shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLY) have been assigned a consensus rating of “Hold” from the seven brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $14.70.

A number of research firms have recently weighed in on OTLY. Barclays set a $15.00 price objective on Oatly Group and gave the stock an “overweight” rating in a research note on Friday, January 16th. Zacks Research raised Oatly Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Oatly Group in a research note on Friday, March 27th. Finally, Morgan Stanley set a $14.50 price objective on Oatly Group in a research note on Tuesday, February 17th.

Hedge Funds Weigh In On Oatly Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS Group AG boosted its stake in Oatly Group by 1.5% during the third 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 during the last quarter. Credit Agricole S A bought a new position in Oatly Group during the third quarter valued at approximately $2,098,000. Renaissance Technologies LLC bought a new position in Oatly Group during the fourth quarter valued at approximately $315,000. Goldman Sachs Group Inc. boosted its stake in Oatly Group by 80.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock valued at $294,000 after buying an additional 12,249 shares during the last quarter. Finally, Millennium Management LLC bought a new position in Oatly Group during the fourth quarter valued at approximately $252,000. 68.15% of the stock is owned by institutional investors.

Oatly Group Stock Performance

NASDAQ OTLY opened at $10.61 on Thursday. The firm has a market cap of $331.35 million, a price-to-earnings ratio of -2.07 and a beta of 1.94. The company has a quick ratio of 0.35, a current ratio of 0.48 and a debt-to-equity ratio of 10.55. The business has a 50-day moving average price of $11.00 and a 200-day moving average price of $12.41. Oatly Group has a twelve month low of $8.35 and a twelve month high of $18.84.

Oatly Group (NASDAQ:OTLY) last released its quarterly earnings data on Wednesday, February 11th. The company reported ($0.61) earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 236.71% and a negative net margin of 17.71%. As a group, equities research analysts predict that Oatly Group will post -3.2 EPS 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.