Oatly Group (NASDAQ:OTLY) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Oatly Group (NASDAQ:OTLY) announced its quarterly earnings data on Wednesday. The company reported ($1.00) EPS for the quarter, missing the consensus estimate of ($0.99) by ($0.01), FiscalAI reports. The business had revenue of $240.09 million for the quarter, compared to analyst estimates of $219.47 million. Oatly Group had a negative net margin of 17.06% and a negative return on equity of 432.75%.

Oatly Group Trading Down 8.4%

Oatly Group stock opened at $9.05 on Wednesday. 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 $8.01 and a 12 month high of $18.84. The stock’s 50 day simple moving average is $9.30 and its two-hundred day simple moving average is $10.58. The firm has a market cap of $282.59 million, a PE ratio of -1.81 and a beta of 1.85.

Insider Activity at Oatly Group

In related news, SVP Simon Kenneth James Broadbent sold 7,820 shares of the 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 of the company’s stock, valued at approximately $562,462.75. This represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Martin Fredrik Lind sold 2,968 shares of the firm’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 in the company, valued at approximately $162,068.48. This represents a 14.10% decrease in their position. 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. Over the last ninety days, insiders have sold 12,722 shares of company stock valued at $113,872. Insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OTLY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Oatly Group by 9.5% in 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 in the last quarter. Van ECK Associates Corp raised its holdings in shares of Oatly Group by 19.0% during the third 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 last quarter. UBS Group AG raised 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 acquiring an additional 9,620 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Oatly Group by 80.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock valued at $294,000 after acquiring an additional 12,249 shares in the last quarter. Finally, Geode Capital Management LLC purchased a new position in shares of Oatly Group in the second quarter valued at approximately $151,000. Institutional investors and hedge funds own 68.15% of the company’s stock.

Wall Street Analysts Forecast Growth

OTLY has been the topic of a number of research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research note on Wednesday, June 24th. Barclays reaffirmed an “overweight” rating and issued a $12.00 price target (down from $14.00) on shares of Oatly Group in a report on Tuesday. Finally, Morgan Stanley set a $12.55 price objective on Oatly Group in a research note on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $14.14.

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.