O'Reilly Automotive (ORLY) to Release Quarterly Earnings on Wednesday

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) will release its earnings data after the market closes on Wednesday, April 24th. Analysts expect O'Reilly Automotive to post earnings of $9.19 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.07 by $0.19. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. O'Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. O'Reilly Automotive's revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $8.37 earnings per share. On average, analysts expect O'Reilly Automotive to post $42 EPS for the current fiscal year and $47 EPS for the next fiscal year.

O'Reilly Automotive Trading Up 0.5 %

O'Reilly Automotive stock traded up $5.29 during trading hours on Wednesday, hitting $1,094.80. 316,500 shares of the stock traded hands, compared to its average volume of 367,605. O'Reilly Automotive has a one year low of $860.10 and a one year high of $1,169.11. The firm's 50-day moving average price is $1,090.52 and its two-hundred day moving average price is $1,006.87. The company has a market cap of $64.63 billion, a PE ratio of 28.31, a PEG ratio of 1.94 and a beta of 0.86.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, CFO Jeremy Adam Fletcher sold 5,000 shares of the company's stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the sale, the chief financial officer now directly owns 2,335 shares of the company's stock, valued at $2,400,380. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other 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 value of $279,566.32. Following the completion of the sale, the director now directly owns 950 shares of the company's stock, valued at $987,316. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of O'Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock worth $27,269,333 in the last quarter. Company insiders own 1.18% of the company's stock.

Institutional Trading of O'Reilly Automotive

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cibc World Market Inc. lifted its position in shares of O'Reilly Automotive by 305.4% in the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer's stock worth $2,213,000 after buying an additional 2,434 shares in the last quarter. Sei Investments Co. lifted its stake in O'Reilly Automotive by 51.3% in the first quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer's stock worth $10,894,000 after purchasing an additional 5,376 shares during the last quarter. Prudential PLC purchased a new position in O'Reilly Automotive during the 1st quarter valued at $1,847,000. Cetera Investment Advisers increased its stake in O'Reilly Automotive by 48.9% in the 1st quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer's stock worth $1,343,000 after buying an additional 644 shares during the period. Finally, Moors & Cabot Inc. boosted its holdings in shares of O'Reilly Automotive by 11.4% in the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer's stock valued at $262,000 after purchasing an additional 39 shares during the period. Institutional investors own 85.00% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wells Fargo & Company upped their price target on O'Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an "overweight" rating in a research note on Monday, March 25th. StockNews.com upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Tuesday. Royal Bank of Canada boosted their price objective on shares of O'Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an "outperform" rating in a research note on Friday, February 9th. Wedbush lifted their target price on shares of O'Reilly Automotive from $940.00 to $1,100.00 and gave the company a "neutral" rating in a report on Thursday, February 8th. Finally, Mizuho began coverage on O'Reilly Automotive in a research note on Tuesday, March 19th. They issued a "buy" rating and a $1,225.00 price target on the stock. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Moderate Buy" and a consensus target price of $1,089.59.

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.