Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Given Average Rating of “Hold” by Analysts

Shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLY) have earned a consensus recommendation of “Hold” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $14.6375.

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

Oatly Group Price Performance

NASDAQ OTLY opened at $8.30 on Tuesday. The firm’s fifty day simple moving average is $10.59 and its two-hundred day simple moving average is $11.00. The company has a current ratio of 0.45, a quick ratio of 0.32 and a debt-to-equity ratio of 43.43. Oatly Group has a 12-month low of $8.08 and a 12-month high of $18.84. The firm has a market capitalization of $259.21 million, a P/E ratio of -1.66 and a beta of 1.86.

Oatly Group (NASDAQ:OTLY) last released its quarterly earnings results on Thursday, April 30th. The company reported ($0.38) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.90) by $0.52. Oatly Group had a negative net margin of 17.06% and a negative return on equity of 432.75%. The business had revenue of $228.33 million for the quarter, compared to analyst estimates of $214.61 million. Analysts forecast that Oatly Group will post -2.77 EPS for the current fiscal year.

Insider Buying and Selling at Oatly Group

In other news, insider Martin Fredrik Lind sold 2,968 shares of the business’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 directly owned 18,088 shares of the company’s stock, valued at $162,068.48. The trade was a 14.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 the business’s stock in a transaction 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 sale, the senior vice president directly owned 62,845 shares in the company, valued at $562,462.75. This trade represents a 11.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 12,722 shares of company stock worth $113,872 over the last ninety days. Corporate insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Oatly Group

Large investors have recently made changes to their positions in the stock. Millennium Management LLC purchased a new stake in shares of Oatly Group during the fourth quarter valued at $252,000. Renaissance Technologies LLC purchased a new stake in shares of Oatly Group during the fourth quarter valued at $315,000. Goldman Sachs Group Inc. grew its holdings in shares of 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. Credit Agricole S A purchased a new stake in shares of Oatly Group during the third quarter valued at $2,098,000. Finally, UBS Group AG grew its holdings in shares of 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. 68.15% of the stock is owned by hedge funds and other institutional investors.

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.