O'Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,130.67 Average PT from Brokerages (2024)

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have received a consensus rating of "Moderate Buy" from the fifteen research firms that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $1,130.67.

A number of equities research analysts have recently commented on the stock. StockNews.com cut shares of O'Reilly Automotive from a "buy" rating to a "hold" rating in a report on Friday, May 3rd. Evercore ISI reduced their target price on shares of O'Reilly Automotive from $1,250.00 to $1,225.00 and set an "outperform" rating for the company in a report on Tuesday, July 16th. UBS Group reduced their target price on shares of O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating for the company in a report on Thursday, July 18th. Wedbush reaffirmed a "neutral" rating and issued a $1,100.00 target price on shares of O'Reilly Automotive in a report on Thursday, July 25th. Finally, Royal Bank of Canada reduced their target price on shares of O'Reilly Automotive from $1,124.00 to $1,115.00 and set an "outperform" rating for the company in a report on Friday, July 26th.

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O'Reilly Automotive Trading Up 0.5 %

Shares of ORLY stock traded up $5.78 on Tuesday, reaching $1,111.30. 427,243 shares of the stock were exchanged, compared to its average volume of 399,714. The business's 50 day moving average price is $1,037.94 and its 200 day moving average price is $1,054.17. The company has a market capitalization of $65.45 billion, a price-to-earnings ratio of 28.21, a PEG ratio of 2.15 and a beta of 0.92. O'Reilly Automotive has a twelve month low of $860.10 and a twelve month high of $1,169.11.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.98 by ($0.43). O'Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The company had revenue of $4.27 billion during the quarter, compared to analyst estimates of $4.32 billion. During the same quarter in the prior year, the company earned $10.22 EPS. The business's revenue was up 5.0% on a year-over-year basis. Equities research analysts forecast that O'Reilly Automotive will post 41.14 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Lawrence P. Oreilly sold 1,500 shares of the stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the sale, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Chairman Gregory L. Henslee sold 18,264 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the sale, the chairman now directly owns 13,347 shares in the company, valued at $15,049,409.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lawrence P. Oreilly sold 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the sale, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 35,541 shares of company stock worth $39,936,345. 1.55% of the stock is owned by company insiders.

Institutional Trading of O'Reilly Automotive

A number of hedge funds have recently bought and sold shares of ORLY. Rise Advisors LLC acquired a new stake in O'Reilly Automotive during the first quarter worth approximately $36,000. Newbridge Financial Services Group Inc. purchased a new position in O'Reilly Automotive during the first quarter worth approximately $37,000. Indiana Trust & Investment Management CO raised its stake in O'Reilly Automotive by 325.0% during the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer's stock worth $38,000 after purchasing an additional 26 shares during the period. Riverview Trust Co purchased a new position in O'Reilly Automotive during the first quarter worth approximately $41,000. Finally, Crewe Advisors LLC purchased a new position in O'Reilly Automotive during the first quarter worth approximately $43,000. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Company Profile

(Get Free Report

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.

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O'Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,130.67 Average PT from Brokerages (3)

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O'Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,130.67 Average PT from Brokerages (2024)

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