Oatly Group (OTLY) Scheduled to Post Quarterly Earnings on Thursday

Oatly Group (NASDAQ:OTLY - Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Oatly Group to post earnings of ($0.06) per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Oatly Group Price Performance

Oatly Group stock traded up $0.02 during trading hours on Thursday, hitting $0.82. 2,716,827 shares of the company traded hands, compared to its average volume of 1,825,087. The firm has a market cap of $486.28 million, a P/E ratio of -1.17 and a beta of 2.10. The company has a quick ratio of 0.53, a current ratio of 0.68 and a debt-to-equity ratio of 0.62. The firm's 50-day simple moving average is $0.87 and its two-hundred day simple moving average is $0.97. Oatly Group has a 1-year low of $0.46 and a 1-year high of $1.40.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on OTLY. BNP Paribas upgraded shares of Oatly Group from a "neutral" rating to an "outperform" rating in a research note on Thursday, July 25th. Royal Bank of Canada reissued a "sector perform" rating and set a $1.05 target price on shares of Oatly Group in a research note on Thursday, July 25th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus 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.