Oatly Group (OTLY) Expected to Announce Earnings on Wednesday

Oatly Group (NASDAQ:OTLY) is projected to release its 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 interested in listening to the company’s earnings conference call can do so using this link.

Oatly Group Stock Performance

Shares of OTLY opened at $0.55 on Tuesday. The company has a market capitalization of $326.03 million, a PE ratio of -0.79 and a beta of 1.96. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.47 and a current ratio of 0.62. The company’s 50 day moving average price is $0.65 and its 200 day moving average price is $0.78. Oatly Group has a 52 week low of $0.53 and a 52 week high of $1.40.

Shares of Oatly Group are set 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.

Wall Street Analyst Weigh In

Separately, Barclays raised Oatly Group to a “strong-buy” rating in a research note on Monday, November 11th. Two 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.