Shares of Oatly Group AB (NASDAQ:OTLY – Get Free Report) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $1.96.
Several equities analysts have issued reports on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $1.05 price objective on shares of Oatly Group in a research report on Thursday, July 25th. BNP Paribas raised Oatly Group from a “neutral” rating to an “outperform” rating in a report on Thursday, July 25th.
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Institutional Investors Weigh In On Oatly Group
Oatly Group Stock Down 5.1 %
OTLY opened at $0.77 on Tuesday. The firm has a market cap of $458.79 million, a price-to-earnings ratio of -0.96 and a beta of 2.10. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.53 and a current ratio of 0.68. The firm’s 50-day simple moving average is $0.90 and its 200-day simple moving average is $0.99. Oatly Group has a twelve month low of $0.44 and a twelve month high of $1.40.
Oatly Group (NASDAQ:OTLY – Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.02. Oatly Group had a negative net margin of 41.71% and a negative return on equity of 35.74%. The firm had revenue of $202.20 million for the quarter, compared to analysts’ expectations of $200.66 million. Equities research analysts anticipate that Oatly Group will post -0.26 EPS for the current fiscal year.
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.
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