Oatly Group (NASDAQ:OTLY) Announces Earnings Results, Misses Estimates By $1.55 EPS

Oatly Group (NASDAQ:OTLY - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported ($2.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.60) by ($1.55), Zacks reports. Oatly Group had a negative net margin of 23.44% and a negative return on equity of 102.71%. Oatly Group updated its FY 2025 guidance to EPS.Oatly Group Stock PerformanceThe 8 best agricultural ETFs to consider for your portfolioNASDAQ OTLY traded down $0.13 on Wednesday, hitting $15.49. 112,647 shares of the company traded hands, compared to its average volume of 164,178. The business's 50 day moving average price is $16.37 and its 200-day moving average price is $13.76. The company has a market capitalization of $469.52 million, a price-to-earnings ratio of -2.36 and a beta of 1.95. Oatly Group has a 52-week low of $6.00 and a 52-week high of $19.13. The company has a current ratio of 0.49, a quick ratio of 0.37 and a debt-to-equity ratio of 1.50. Analyst Upgrades and DowngradesSeveral analysts recently commented on OTLY shares. JPMorgan Chase & Co. started coverage on shares of Oatly Group in a research report on Wednesday, August 20th. They set a "neutral" rating on the stock. Zacks Research raised Oatly Group from a "strong sell" rating to a "hold" rating in a report on Monday, October 20th. Wall Street Zen raised Oatly Group from a "sell" rating to a "hold" rating in a report on Saturday, July 12th. Barclays lifted their target price on Oatly Group from $14.00 to $16.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Oatly Group in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $17.25.Check Out Our Latest Report on Oatly GroupInstitutional Investors Weigh In On Oatly GroupSeveral hedge funds and other institutional investors have recently added to or reduced their stakes in OTLY. Cubist Systematic Strategies LLC purchased a new stake in Oatly Group in the 1st quarter worth approximately $133,000. Geode Capital Management LLC purchased a new stake in Oatly Group in the 2nd quarter worth approximately $151,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings 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 worth $215,000 after acquiring an additional 1,568 shares in the last quarter. 68.15% of the stock is owned by hedge funds and other institutional investors. Oatly Group Company Profile (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.Featured StoriesFive stocks we like better than Oatly GroupInvesting in Travel Stocks Benefits3 Signals Pointing to a Turnaround for AlbemarleWhy Invest in High-Yield Dividend Stocks?NXP Semiconductors Set to Break Out as AI and Analyst Support SurgeConsumer Discretionary Stocks ExplainedUPS: From Discount to Delivery—Why Analysts May Turn BullishThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Oatly Group Right Now?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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here