O'Reilly Automotive (NASDAQ:ORLY) Announces Earnings Results, Beats Expectations By $0.02 EPS

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) posted its earnings results on Thursday. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.18 by $0.02, Briefing.com reports. O'Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The company had revenue of $3.98 billion during the quarter, compared to analysts' expectations of $3.99 billion. The firm's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $8.28 earnings per share.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock traded down $38.57 during trading on Thursday, hitting $1,054.13. 917,935 shares of the stock were exchanged, compared to its average volume of 373,213. The firm's 50-day moving average price is $1,097.34 and its 200 day moving average price is $1,014.62. The stock has a market cap of $62.23 billion, a price-to-earnings ratio of 27.39, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86. O'Reilly Automotive has a 12-month low of $860.10 and a 12-month high of $1,169.11.

Insider Transactions at O'Reilly Automotive

In related news, SVP Jeffrey Alan Lauro sold 431 shares of O'Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the sale, the senior vice president now directly owns 963 shares in the company, valued at approximately $1,000,200.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director John Raymond Murphy sold 269 shares of the stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the sale, the director now owns 950 shares in the company, valued at approximately $987,316. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey Alan Lauro sold 431 shares of the firm's stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares in the company, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,968 shares of company stock valued at $27,269,333. Corporate insiders own 1.55% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Evercore ISI decreased their target price on shares of O'Reilly Automotive from $1,240.00 to $1,220.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 16th. UBS Group increased their price objective on shares of O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a "buy" rating in a research report on Wednesday, April 17th. Wedbush reissued a "neutral" rating and issued a $1,100.00 target price on shares of O'Reilly Automotive in a research report on Thursday. Mizuho began coverage on O'Reilly Automotive in a research report on Tuesday, March 19th. They set a "buy" rating and a $1,225.00 price target for the company. Finally, The Goldman Sachs Group lifted their price objective on O'Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a "buy" rating in a research note on Friday, February 9th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $1,108.94.

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.