Oatly Group (NASDAQ:OTLY - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($1.86) earnings per share for the quarter, missing analysts' consensus estimates of ($0.68) by ($1.18), Zacks reports. The company had revenue of $208.35 million for the quarter, compared to analysts' expectations of $207.53 million. Oatly Group had a negative return on equity of 102.71% and a negative net margin of 23.44%. Oatly Group updated its FY 2025 guidance to EPS.
Oatly Group Price Performance
Shares of NASDAQ OTLY traded up $0.05 during trading on Friday, hitting $15.12. The company had a trading volume of 196,599 shares, compared to its average volume of 130,914. The company has a market cap of $452.54 million, a P/E ratio of -2.30 and a beta of 1.92. Oatly Group has a 52 week low of $6.00 and a 52 week high of $21.20. The business's 50-day moving average is $12.40 and its 200 day moving average is $10.98. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.40 and a current ratio of 0.49.
Analysts Set New Price Targets
A number of brokerages have issued reports on OTLY. Mizuho set a $24.00 price target on Oatly Group in a research report on Monday, April 28th. DA Davidson boosted their target price on Oatly Group from $15.00 to $17.00 and gave the stock a "buy" rating in a research note on Monday, May 5th. Piper Sandler reduced their target price on Oatly Group from $16.00 to $12.00 and set an "overweight" rating for the company in a report on Thursday, May 1st. Wall Street Zen upgraded Oatly Group from a "sell" rating to a "hold" rating in a research report on Saturday, July 12th. Finally, Barclays increased their target price on Oatly Group from $14.00 to $16.00 and gave the company an "overweight" rating in a report on Thursday. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $18.00.
Get Our Latest Stock Report on OTLY
Hedge Funds Weigh In On Oatly Group
A hedge fund recently bought a new stake in Oatly Group stock. Cubist Systematic Strategies LLC acquired a new position in shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLY - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 13,550 shares of the company's stock, valued at approximately $133,000. Hedge funds and other institutional investors own 68.15% of the company's stock.
About Oatly Group
(
Get Free Report)
Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks.
Recommended Stories
Before you consider Oatly Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oatly Group wasn't on the list.
While Oatly Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
