O'Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,414.56 Consensus Target Price from Brokerages

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) has received a consensus rating of "Buy" from the eighteen analysts that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $1,414.56.

Several research firms recently issued reports on ORLY. Wells Fargo & Company boosted their price target on O'Reilly Automotive from $1,425.00 to $1,550.00 and gave the company an "overweight" rating in a research note on Wednesday, April 16th. Morgan Stanley reissued an "overweight" rating on shares of O'Reilly Automotive in a research report on Thursday, April 24th. DA Davidson raised their price target on shares of O'Reilly Automotive from $1,525.00 to $1,600.00 and gave the stock a "buy" rating in a research report on Friday, April 25th. StockNews.com raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Finally, Mizuho boosted their price target on O'Reilly Automotive from $1,400.00 to $1,445.00 and gave the company an "outperform" rating in a research note on Friday, April 25th.

O'Reilly Automotive Price Performance

Shares of ORLY stock traded down $9.87 during trading hours on Thursday, reaching $1,329.74. The company had a trading volume of 112,635 shares, compared to its average volume of 398,482. The company has a 50 day moving average of $1,369.06 and a 200 day moving average of $1,291.65. The firm has a market cap of $76.12 billion, a price-to-earnings ratio of 32.70, a P/E/G ratio of 2.34 and a beta of 0.64. O'Reilly Automotive has a 1-year low of $947.49 and a 1-year high of $1,458.37.

O'Reilly Automotive's stock is set to split before the market opens 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 posted its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $9.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $9.84 by ($0.49). O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. The business had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.18 billion. During the same quarter last year, the business earned $9.20 earnings per share. O'Reilly Automotive's revenue for the quarter was up 4.0% on a year-over-year basis. As a group, sell-side analysts forecast that O'Reilly Automotive will post 43.94 EPS for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 3,073 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the completion of the sale, the chairman now directly owns 11,397 shares of the company's stock, valued at $14,988,764.55. The trade was a 21.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Brad W. Beckham sold 833 shares of the company's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now owns 760 shares in the company, valued at $988,000. This represents a 52.29% 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 over the last ninety days. 1.01% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in O'Reilly Automotive in the third quarter worth $184,000. Legacy Private Trust Co. purchased a new stake in O'Reilly Automotive during the fourth quarter worth about $216,000. Baker Tilly Wealth Management LLC increased its holdings in O'Reilly Automotive by 3.9% during the fourth quarter. Baker Tilly Wealth Management LLC now owns 718 shares of the specialty retailer's stock worth $851,000 after buying an additional 27 shares during the last quarter. Graypoint LLC raised its position in O'Reilly Automotive by 4.3% in the fourth quarter. Graypoint LLC now owns 365 shares of the specialty retailer's stock worth $433,000 after acquiring an additional 15 shares during the period. Finally, West Oak Capital LLC boosted its stake in O'Reilly Automotive by 614.3% in the fourth quarter. West Oak Capital LLC now owns 100 shares of the specialty retailer's stock valued at $119,000 after acquiring an additional 86 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

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.