O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives Consensus Rating of “Buy” from Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have earned an average recommendation of “Buy” from the nineteen ratings firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $1,295.94.

ORLY has been the subject of a number of recent research reports. Royal Bank of Canada raised their price target on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. raised their target price on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Finally, Wells Fargo & Company upped their target price on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Monday, October 14th.

Insider Buying and Selling

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

Institutional Trading of O’Reilly Automotive

Large investors have recently modified their holdings of the stock. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth approximately $30,000. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive during the 3rd quarter worth $32,000. Trifecta Capital Advisors LLC lifted its position in O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in O’Reilly Automotive in the third quarter valued at $37,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive during the third quarter worth about $41,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,282.53 on Tuesday. O’Reilly Automotive has a fifty-two week low of $947.49 and a fifty-two week high of $1,285.90. The firm has a market capitalization of $74.04 billion, a PE ratio of 31.73, a P/E/G ratio of 2.30 and a beta of 0.94. The stock’s 50-day simple moving average is $1,225.18 and its 200-day simple moving average is $1,170.48.

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.