Oatly Group (OTLY) Scheduled to Post Earnings on Thursday

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

Oatly Group Stock Performance

Shares of OTLY stock opened at $0.81 on Tuesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.53 and a current ratio of 0.68. Oatly Group has a one year low of $0.50 and a one year high of $1.40. The company’s 50-day simple moving average is $0.86 and its 200-day simple moving average is $0.96. The stock has a market capitalization of $479.56 million, a price-to-earnings ratio of -1.15 and a beta of 2.09.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $1.05 price target on shares of Oatly Group in a research report on Thursday, July 25th. BNP Paribas raised shares of Oatly Group from a “neutral” rating to an “outperform” rating in a research report 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.com, the stock currently 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.