Oatly Group (OTLY) to Release Earnings on Thursday

Oatly Group (NASDAQ:OTLY) will release its earnings data before the market opens on Thursday, November 7th. Analysts expect Oatly Group to post earnings of ($0.06) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Oatly Group Stock Performance

OTLY stock opened at $0.80 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.68 and a debt-to-equity ratio of 0.62. Oatly Group has a twelve month low of $0.46 and a twelve month high of $1.40. The business’s fifty day moving average is $0.87 and its 200-day moving average is $0.97. The company has a market cap of $475.51 million, a P/E ratio of -1.14 and a beta of 2.10.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Royal Bank of Canada restated a “sector perform” rating and set a $1.05 target price on shares of Oatly Group in a report on Thursday, July 25th. BNP Paribas raised shares of Oatly Group from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 25th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1.45.

Oatly Group Company Profile

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.