O’Reilly Automotive Inc (ORLY) Given Consensus Recommendation of “Buy” by Brokerages

Shares of O’Reilly Automotive Inc (NASDAQ:ORLY) have received an average recommendation of “Buy” from the twenty analysts that are covering the company, Marketbeat reports. Ten equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $380.36.

A number of research firms recently weighed in on ORLY. Zacks Investment Research downgraded shares of O’Reilly Automotive from a “hold” rating to a “sell” rating in a research report on Monday, April 15th. Morgan Stanley raised their target price on shares of O’Reilly Automotive from $385.00 to $400.00 and gave the company an “equal weight” rating in a research report on Monday, April 15th. BidaskClub downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, April 19th. Wells Fargo & Co raised their target price on shares of O’Reilly Automotive from $415.00 to $445.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Finally, Citigroup raised their target price on shares of O’Reilly Automotive from $422.00 to $454.00 and gave the company a “buy” rating in a research report on Monday, April 1st.

In other news, Director John Raymond Murphy sold 528 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $361.05, for a total transaction of $190,634.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman David E. Oreilly sold 34,000 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $375.48, for a total transaction of $12,766,320.00. The disclosure for this sale can be found here. In the last three months, insiders sold 42,886 shares of company stock valued at $16,149,052. Insiders own 2.52% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc raised its stake in O’Reilly Automotive by 0.5% in the 3rd quarter. Vanguard Group Inc now owns 5,891,448 shares of the specialty retailer’s stock worth $2,046,218,000 after purchasing an additional 30,192 shares in the last quarter. Polen Capital Management LLC raised its stake in O’Reilly Automotive by 2.0% in the 4th quarter. Polen Capital Management LLC now owns 2,881,956 shares of the specialty retailer’s stock worth $992,344,000 after purchasing an additional 57,538 shares in the last quarter. FMR LLC raised its stake in O’Reilly Automotive by 28.6% in the 1st quarter. FMR LLC now owns 1,496,125 shares of the specialty retailer’s stock worth $580,945,000 after purchasing an additional 332,297 shares in the last quarter. Geode Capital Management LLC raised its stake in O’Reilly Automotive by 19.6% in the 1st quarter. Geode Capital Management LLC now owns 1,341,814 shares of the specialty retailer’s stock worth $520,573,000 after purchasing an additional 220,255 shares in the last quarter. Finally, Northern Trust Corp raised its stake in O’Reilly Automotive by 3.3% in the 4th quarter. Northern Trust Corp now owns 1,078,886 shares of the specialty retailer’s stock worth $371,494,000 after purchasing an additional 34,966 shares in the last quarter. Institutional investors own 85.62% of the company’s stock.

O’Reilly Automotive stock traded down $0.94 during mid-day trading on Friday, reaching $371.37. The company’s stock had a trading volume of 548,700 shares, compared to its average volume of 660,332. The company has a market cap of $29.18 billion, a P/E ratio of 23.07, a price-to-earnings-growth ratio of 1.36 and a beta of 0.81. O’Reilly Automotive has a 12 month low of $265.27 and a 12 month high of $414.63. The company has a current ratio of 0.84, a quick ratio of 0.10 and a debt-to-equity ratio of 13.67.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, April 24th. The specialty retailer reported $4.05 earnings per share for the quarter, meeting analysts’ consensus estimates of $4.05. The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.44 billion. O’Reilly Automotive had a net margin of 13.87% and a return on equity of 333.23%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm earned $3.61 earnings per share. On average, equities research analysts forecast that O’Reilly Automotive will post 17.77 EPS for the current year.

O’Reilly Automotive Company Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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Analyst Recommendations for O`Reilly Automotive (NASDAQ:ORLY)

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