Oatly Group (OTLY) to Release Earnings on Wednesday

Oatly Group (NASDAQ:OTLY - Get Free Report) is expected to be releasing its Q4 2024 earnings data before the market opens on Wednesday, February 12th. Analysts expect Oatly Group to post earnings of ($0.08) per share and revenue of $219.20 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Oatly Group Trading Up 37.7 %

Shares of OTLY traded up $0.15 during mid-day trading on Thursday, hitting $0.53. The company had a trading volume of 19,027,626 shares, compared to its average volume of 4,145,455. Oatly Group has a 1-year low of $0.30 and a 1-year high of $1.40. The company has a quick ratio of 0.47, a current ratio of 0.62 and a debt-to-equity ratio of 0.65. The business's 50-day simple moving average is $0.64 and its 200-day simple moving average is $0.77. The stock has a market cap of $315.44 million, a PE ratio of -0.77 and a beta of 1.96.

Oatly Group shares are scheduled to reverse split on the morning of Tuesday, February 18th. The 1-20 reverse split was announced on Friday, January 31st. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, February 17th.

Analyst Ratings Changes

Separately, Barclays raised Oatly Group to a "strong-buy" rating in a research note on Monday, November 11th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $1.27.

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.