O’Reilly Automotive (NASDAQ:ORLY) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Thursday, ValuEngine reports.
Other equities analysts have also recently issued reports about the stock. Wells Fargo & Co upped their price target on shares of O’Reilly Automotive from $415.00 to $445.00 and gave the stock an “outperform” rating in a research note on Thursday, April 18th. Goldman Sachs Group assumed coverage on shares of O’Reilly Automotive in a research note on Thursday, July 11th. They set a “buy” rating and a $440.00 price target on the stock. Royal Bank of Canada set a $428.00 price target on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, July 26th. Raymond James upped their price target on shares of O’Reilly Automotive from $435.00 to $460.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 25th. Finally, Morgan Stanley upped their price target on shares of O’Reilly Automotive from $385.00 to $400.00 and gave the stock an “equal weight” rating in a research note on Monday, April 15th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $406.67.
Shares of NASDAQ:ORLY traded down $4.87 on Thursday, reaching $369.93. 678,785 shares of the company were exchanged, compared to its average volume of 570,771. The company has a current ratio of 0.85, a quick ratio of 0.10 and a debt-to-equity ratio of 37.43. O’Reilly Automotive has a 1-year low of $308.46 and a 1-year high of $414.63. The company has a market capitalization of $29.85 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 1.54 and a beta of 0.73. The stock’s 50-day simple moving average is $385.58.
O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share for the quarter, missing the Zacks’ consensus estimate of $4.67 by ($0.16). O’Reilly Automotive had a return on equity of 391.89% and a net margin of 13.69%. The company had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.61 billion. During the same period last year, the company earned $4.28 earnings per share. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. As a group, analysts expect that O’Reilly Automotive will post 17.54 earnings per share for the current year.
In related news, Director John Raymond Murphy sold 528 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $361.05, for a total value of $190,634.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.52% of the stock is owned by insiders.
A number of large investors have recently added to or reduced their stakes in ORLY. Dimensional Fund Advisors LP lifted its holdings in O’Reilly Automotive by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 332,603 shares of the specialty retailer’s stock valued at $114,524,000 after purchasing an additional 1,646 shares in the last quarter. Geode Capital Management LLC lifted its holdings in O’Reilly Automotive by 9.9% in the 4th quarter. Geode Capital Management LLC now owns 1,121,559 shares of the specialty retailer’s stock valued at $385,559,000 after purchasing an additional 100,713 shares in the last quarter. Cetera Advisor Networks LLC lifted its holdings in O’Reilly Automotive by 26.9% in the 4th quarter. Cetera Advisor Networks LLC now owns 787 shares of the specialty retailer’s stock valued at $271,000 after purchasing an additional 167 shares in the last quarter. Macquarie Group Ltd. lifted its holdings in O’Reilly Automotive by 42.9% in the 4th quarter. Macquarie Group Ltd. now owns 2,000 shares of the specialty retailer’s stock valued at $688,000 after purchasing an additional 600 shares in the last quarter. Finally, CX Institutional purchased a new position in O’Reilly Automotive in the 1st quarter valued at about $35,000. Institutional investors own 84.99% of the company’s stock.
About O’Reilly Automotive
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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