Schaeffer's Top Stock Picks for '25

Call Traders Blast Oatly Stock on Full-Year Revenue Forecast

Quarter-to-date, the security remains down over 26%

Deputy Editor
Aug 16, 2021 at 10:19 AM
facebook X logo linkedin


Plant-based milk concern Oatly Group (NASDAQ:OTLY) is surging this morning, up 6.4% at $17.95 at last check, despite a lackluster second-quarter earnings report. The company chimed in with losses of 9 cents per share, which were 1 cent higher than what analysts estimated, as well as revenue miss. Keeping shares afloat is a full-year revenue forecast that was ahead of expectations, as demand for vegan milk alternatives jumps.

After notching three consecutive all-time lows last week, Oatly stock finally surged back above the $18 level earlier in the session, which has previously served as a floor for the equity. The 20-day moving average has guided shares lower since OTLY's June 14, all-time high of $29, though. Quarter-to-date, the security remains down 26.8%.
 

As it currently stands, the brokerage bunch is bullish towards Oatly stock, with nine of the 14 analysts in question carrying a "buy" or better rating. Echoing this is a 12-month consensus target price of $30.73, which is a whopping 71.2% premium to the equity's current perch.

The stock's usually quiet option pits are brimming with activity today. So far, 6,200 calls and 1,618 puts have already exchanged hands, which is six times the intraday average. Most popular is the weekly 8/20 17.50-strike call, while the 17.50-strike put in the same series trails far behind it.

 

 

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?

 

 

(function(doc, script) { var js, fjs = doc.getElementsByTagName(script)[0], frag = doc.createDocumentFragment(), add = function(url, id) { if (doc.getElementById(id)) {return;} js = doc.createElement(script); js.src = url; id && (js.id = id); frag.appendChild( js ); }; // Google+ button //add('https://apis.google.com/js/platform.js', async="defer"); // Facebook SDK add('//connect.facebook.net/en_US/all.js#xfbml=1&appId=772755279557744', 'facebook-jssdk'); // Twitter SDK //add('//platform.twitter.com/widgets.js', charset='utf-8'); fjs.parentNode.insertBefore(frag, fjs); }(document, 'script'));