O'Reilly Automotive, Inc. (NASDAQ:ORLY) Given Average Rating of "Buy" by Analysts

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) has been assigned a consensus recommendation of "Buy" from the eighteen ratings firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $1,414.56.

ORLY has been the subject of a number of research analyst reports. StockNews.com upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. DA Davidson increased their price target on O'Reilly Automotive from $1,525.00 to $1,600.00 and gave the company a "buy" rating in a research note on Friday, April 25th. Barclays boosted their price objective on O'Reilly Automotive from $1,250.00 to $1,290.00 and gave the stock an "equal weight" rating in a research report on Monday, April 28th. Morgan Stanley reissued an "overweight" rating on shares of O'Reilly Automotive in a research note on Thursday, April 24th. Finally, Royal Bank of Canada raised their price target on shares of O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an "outperform" rating in a research note on Friday, February 7th.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the transaction, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. This represents a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Maria Sastre sold 248 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the sale, the director now owns 971 shares of the company's stock, valued at approximately $1,278,001.07. This represents a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,894 shares of company stock valued at $10,409,618 in the last 90 days. 1.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ORLY. HWG Holdings LP bought a new stake in O'Reilly Automotive during the 1st quarter worth approximately $26,000. Lee Danner & Bass Inc. purchased a new stake in O'Reilly Automotive in the 4th quarter valued at $28,000. HighMark Wealth Management LLC lifted its stake in O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after acquiring an additional 13 shares in the last quarter. AlphaMark Advisors LLC purchased a new position in O'Reilly Automotive during the 4th quarter worth $30,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in shares of O'Reilly Automotive in the fourth quarter valued at about $31,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Trading Down 0.6 %

NASDAQ ORLY opened at $1,378.09 on Thursday. O'Reilly Automotive has a 1 year low of $947.49 and a 1 year high of $1,458.37. The firm has a market capitalization of $78.88 billion, a price-to-earnings ratio of 33.89, a P/E/G ratio of 2.34 and a beta of 0.64. The firm's 50 day simple moving average is $1,369.35 and its 200 day simple moving average is $1,287.35.

O'Reilly Automotive shares are scheduled to split on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly minted shares will be distributed to shareholders after the market closes on Monday, June 9th.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $9.35 earnings per share for the quarter, missing the consensus estimate of $9.84 by ($0.49). O'Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. The business had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.18 billion. During the same quarter in the prior year, the company earned $9.20 earnings per share. O'Reilly Automotive's quarterly revenue was up 4.0% compared to the same quarter last year. On average, equities research analysts forecast that O'Reilly Automotive will post 43.94 earnings per share for the current year.

About O'Reilly Automotive

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.