Shares of O’Reilly Automotive Inc (NASDAQ:ORLY) have earned an average rating of “Buy” from the nineteen analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $410.00.
Several research analysts recently weighed in on ORLY shares. Zacks Investment Research cut shares of O’Reilly Automotive from a “hold” rating to a “sell” rating and set a $427.00 price target on the stock. in a report on Friday, July 19th. Wells Fargo & Co boosted their price target on shares of O’Reilly Automotive from $415.00 to $445.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. BidaskClub upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Thursday, August 8th. Goldman Sachs Group started coverage on shares of O’Reilly Automotive in a report on Thursday, July 11th. They set a “buy” rating and a $440.00 price target on the stock. Finally, Raymond James boosted 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 report on Thursday, July 25th.
In other O’Reilly Automotive news, Director John Raymond Murphy sold 122 shares of O’Reilly Automotive stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $385.92, for a total value of $47,082.24. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Jeffrey Alan Lauro acquired 150 shares of the stock in a transaction on Monday, August 5th. The stock was bought at an average cost of $368.33 per share, for a total transaction of $55,249.50. Following the transaction, the senior vice president now owns 422 shares of the company’s stock, valued at approximately $155,435.26. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 1,301 shares of company stock worth $479,036. Insiders own 2.52% of the company’s stock.
Hedge funds have recently made changes to their positions in the business. Cobiz Wealth LLC raised its position in O’Reilly Automotive by 2.8% in the first quarter. Cobiz Wealth LLC now owns 22,395 shares of the specialty retailer’s stock worth $8,696,000 after acquiring an additional 606 shares during the period. Sigma Planning Corp raised its position in O’Reilly Automotive by 43.3% in the first quarter. Sigma Planning Corp now owns 874 shares of the specialty retailer’s stock worth $339,000 after acquiring an additional 264 shares during the period. McKinley Carter Wealth Services Inc. raised its position in O’Reilly Automotive by 6.4% in the first quarter. McKinley Carter Wealth Services Inc. now owns 10,250 shares of the specialty retailer’s stock worth $3,980,000 after acquiring an additional 614 shares during the period. Deane Retirement Strategies Inc. raised its position in O’Reilly Automotive by 1.3% in the second quarter. Deane Retirement Strategies Inc. now owns 5,524 shares of the specialty retailer’s stock worth $2,040,000 after acquiring an additional 73 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in O’Reilly Automotive by 4.9% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,582 shares of the specialty retailer’s stock worth $1,779,000 after acquiring an additional 212 shares during the period. 85.49% of the stock is currently owned by institutional investors and hedge funds.
Shares of NASDAQ ORLY traded up $6.00 during mid-day trading on Thursday, reaching $375.43. 471,318 shares of the company’s stock traded hands, compared to its average volume of 658,685. The stock has a market cap of $28.37 billion, a P/E ratio of 23.32, a PEG ratio of 1.50 and a beta of 0.73. The business has a 50-day simple moving average of $383.93 and a 200 day simple moving average of $379.03. O’Reilly Automotive has a 1-year low of $314.14 and a 1-year high of $414.63. The company has a debt-to-equity ratio of 37.43, a current ratio of 0.85 and a quick ratio of 0.10.
O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.67 by ($0.16). O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the prior year, the business earned $4.28 earnings per share. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. Equities research analysts anticipate that O’Reilly Automotive will post 17.54 earnings per share for the current fiscal 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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