Brokerages Set O’Reilly Automotive, Inc. (NASDAQ:ORLY) PT at $1,269.31

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYGet Free Report) have been assigned an average rating of “Moderate Buy” from the eighteen ratings firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $1,270.69.

A number of brokerages have weighed in on ORLY. BMO Capital Markets began coverage on shares of O’Reilly Automotive in a report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price target on the stock. TD Cowen lifted their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wedbush restated a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. JPMorgan Chase & Co. lifted their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Finally, Barclays increased their target price on shares of 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.

Check Out Our Latest Stock Report on O’Reilly Automotive

O’Reilly Automotive Trading Up 0.5 %

NASDAQ ORLY opened at $1,205.74 on Friday. The business’s 50-day moving average price is $1,221.63 and its 200 day moving average price is $1,154.51. O’Reilly Automotive has a twelve month low of $921.25 and a twelve month high of $1,283.96. The company has a market capitalization of $69.61 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last posted its quarterly earnings data 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 company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the company earned $10.72 EPS. The company’s revenue was up 3.8% compared to the same quarter last year. Equities analysts predict that O’Reilly Automotive will post 40.85 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, 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 transaction of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction dated 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 sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

Institutional Trading of O’Reilly Automotive

Institutional investors and hedge funds have recently bought and sold shares of the company. Darwin Wealth Management LLC bought a new position in O’Reilly Automotive during the third quarter worth $32,000. Trifecta Capital Advisors LLC boosted 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 valued at $33,000 after buying an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in O’Reilly Automotive during the third quarter worth about $37,000. Princeton Global Asset Management LLC acquired a new position in O’Reilly Automotive during the 3rd quarter valued at approximately $41,000. Finally, Rothschild Investment LLC bought a new stake in O’Reilly Automotive in the second quarter valued at $89,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

About O’Reilly Automotive

(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.

Read More

Analyst Recommendations for O'Reilly Automotive (NASDAQ:ORLY)

Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.