News coverage about O'Reilly Automotive (NASDAQ:ORLY) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. O'Reilly Automotive earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the specialty retailer an impact score of 46.0683303421427 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
Several research firms have issued reports on ORLY. Zacks Investment Research raised shares of O'Reilly Automotive from a “hold” rating to a “buy” rating and set a $272.00 price objective on the stock in a report on Wednesday, December 27th. Citigroup increased their target price on shares of O'Reilly Automotive from $276.00 to $283.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Royal Bank of Canada upgraded shares of O'Reilly Automotive from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, December 13th. Credit Suisse Group set a $193.00 price objective on shares of O'Reilly Automotive and gave the stock a “hold” rating in a research report on Thursday, October 26th. Finally, UBS Group restated a “buy” rating and set a $240.00 price objective (up from $230.00) on shares of O'Reilly Automotive in a research report on Thursday, October 19th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. O'Reilly Automotive has a consensus rating of “Buy” and an average target price of $251.05.
O'Reilly Automotive (NASDAQ ORLY) opened at $245.31 on Wednesday. The company has a quick ratio of 0.11, a current ratio of 0.93 and a debt-to-equity ratio of 4.56. O'Reilly Automotive has a 12 month low of $169.43 and a 12 month high of $279.23. The company has a market cap of $20,930.00, a P/E ratio of 19.35, a PEG ratio of 1.01 and a beta of 0.90.
O'Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 7th. The specialty retailer reported $2.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.78 by $0.12. O'Reilly Automotive had a net margin of 12.63% and a return on equity of 119.05%. The business had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same quarter last year, the firm posted $2.59 earnings per share. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. sell-side analysts expect that O'Reilly Automotive will post 15.44 EPS for the current year.
O'Reilly Automotive declared that its board has approved a stock buyback plan on Wednesday, February 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the specialty retailer to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.
In related news, insider Gregory D. Johnson sold 15,000 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $233.33, for a total value of $3,499,950.00. Following the completion of the transaction, the insider now owns 18,958 shares in the company, valued at $4,423,470.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Randy Johnson sold 1,040 shares of O'Reilly Automotive stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $235.00, for a total transaction of $244,400.00. Following the completion of the transaction, the senior vice president now owns 9,255 shares of the company’s stock, valued at approximately $2,174,925. The disclosure for this sale can be found here. In the last three months, insiders sold 153,680 shares of company stock valued at $35,748,242. Insiders own 3.12% of the company’s stock.
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O'Reilly Automotive Company Profile
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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