O’Reilly Automotive (ORLY) Expected to Announce Earnings on Wednesday

O’Reilly Automotive (NASDAQ:ORLY) will likely be releasing its earnings data after the market closes on Wednesday, February 5th. Analysts expect O’Reilly Automotive to post earnings of $9.73 per share and revenue of $4.04 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $1,278.34 on Wednesday. O’Reilly Automotive has a 52 week low of $947.49 and a 52 week high of $1,289.93. The firm has a market capitalization of $73.80 billion, a price-to-earnings ratio of 31.63, a P/E/G ratio of 2.30 and a beta of 0.94. The company has a 50 day moving average price of $1,226.50 and a 200 day moving average price of $1,172.24.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday. Barclays upped their target price on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 9th. Finally, Truist Financial boosted their price target on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $1,301.82.

Insider Buying and Selling at O’Reilly Automotive

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

O’Reilly Automotive Company Profile

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.