O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have received an average rating of “Moderate Buy” from the eighteen brokerages that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $1,269.31.

ORLY has been the topic of a number of recent analyst reports. Wedbush restated a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. DA Davidson reaffirmed a “buy” rating and issued a $1,275.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Royal Bank of Canada raised their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. TD Cowen lifted their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company boosted their price target on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th.

O’Reilly Automotive Stock Up 0.2 %

NASDAQ:ORLY opened at $1,187.71 on Friday. The company has a market cap of $68.57 billion, a P/E ratio of 29.38, a P/E/G ratio of 2.58 and a beta of 0.93. The firm’s 50 day moving average is $1,218.78 and its two-hundred day moving average is $1,149.60. O’Reilly Automotive has a fifty-two week low of $914.50 and a fifty-two week high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same period in the prior year, the business posted $10.72 EPS. The business’s revenue was up 3.8% on a year-over-year basis. Research analysts forecast that O’Reilly Automotive will post 40.85 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. The trade was a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

Institutional Investors Weigh In On O’Reilly Automotive

Several hedge funds have recently bought and sold shares of the stock. Darwin Wealth Management LLC bought a new stake in O’Reilly Automotive in the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC lifted its holdings in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at $37,000. Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive during the 3rd quarter valued at $41,000. Finally, Rothschild Investment LLC purchased a new position in O’Reilly Automotive in the 2nd quarter worth $89,000. 85.00% of the stock is currently owned by institutional investors.

About O’Reilly Automotive

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