O’Reilly Automotive Inc (NASDAQ:ORLY) Receives $410.00 Consensus Price Target from Brokerages

O’Reilly Automotive Inc (NASDAQ:ORLY) has received an average recommendation of “Buy” from the nineteen ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $410.00.

Several analysts recently issued reports on ORLY shares. ValuEngine downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Wells Fargo & Co boosted their price target on O’Reilly Automotive from $415.00 to $445.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Zacks Investment Research downgraded O’Reilly Automotive from a “hold” rating to a “sell” rating and set a $427.00 price target for the company. in a research note on Friday, July 19th. Stephens reduced their price target on O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Finally, Goldman Sachs Group assumed coverage on O’Reilly Automotive in a research note on Thursday, July 11th. They issued a “buy” rating and a $440.00 price target for the company.

In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro purchased 150 shares of the stock in a transaction dated Monday, August 5th. The stock was bought at an average price of $368.33 per share, with a total value of $55,249.50. Following the acquisition, the senior vice president now owns 422 shares of the company’s stock, valued at $155,435.26. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Raymond Murphy sold 122 shares of the business’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $385.92, for a total value of $47,082.24. The disclosure for this sale can be found here. 2.52% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of the company. Advisors Preferred LLC acquired a new position in O’Reilly Automotive in the 1st quarter worth about $26,000. Squar Milner Financial Services LLC increased its holdings in O’Reilly Automotive by 80.5% in the 2nd quarter. Squar Milner Financial Services LLC now owns 74 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 33 shares in the last quarter. Shine Investment Advisory Services Inc. increased its holdings in O’Reilly Automotive by 65.4% in the 2nd quarter. Shine Investment Advisory Services Inc. now owns 86 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 34 shares in the last quarter. Paragon Capital Management LLC acquired a new position in O’Reilly Automotive in the 1st quarter worth about $39,000. Finally, Hall Laurie J Trustee acquired a new position in O’Reilly Automotive in the 1st quarter worth about $47,000. 85.49% of the stock is owned by institutional investors.

Shares of NASDAQ ORLY traded up $2.70 during midday trading on Thursday, hitting $373.54. 665,716 shares of the company’s stock were exchanged, compared to its average volume of 659,023. The business has a 50 day moving average of $384.00. The company has a market capitalization of $29.28 billion, a price-to-earnings ratio of 23.20, a PEG ratio of 1.53 and a beta of 0.73. O’Reilly Automotive has a 12 month low of $314.14 and a 12 month high of $414.63. The company has a quick ratio of 0.10, a current ratio of 0.85 and a debt-to-equity ratio of 37.43.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $4.67 by ($0.16). The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.61 billion. O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm earned $4.28 earnings per share. As a group, equities analysts forecast that O’Reilly Automotive will post 17.54 EPS 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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Analyst Recommendations for O`Reilly Automotive (NASDAQ:ORLY)

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