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

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have received an average rating of "Buy" from the nineteen research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $102.22.

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada increased their price objective on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research report on Friday. Wells Fargo & Company increased their price objective on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday. Evercore ISI increased their price objective on shares of O'Reilly Automotive from $97.00 to $107.00 and gave the stock an "outperform" rating in a research report on Friday. Mizuho increased their price objective on shares of O'Reilly Automotive from $93.33 to $96.33 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Finally, BMO Capital Markets increased their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday.

Insider Activity

In other news, SVP Najera Jose A. Montellano sold 285 shares of O'Reilly Automotive stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $90.13, for a total value of $25,686.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ramon Parises Odems sold 30,000 shares of O'Reilly Automotive stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the completion of the transaction, the senior vice president directly owned 240 shares of the company's stock, valued at approximately $21,767.20. This trade represents a 99.21% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,285 shares of company stock valued at $3,022,386 in the last quarter. Company insiders own 1.01% of the company's stock.

Institutional Trading of O'Reilly Automotive

Several hedge funds and other institutional investors have recently modified their holdings of ORLY. GAMMA Investing LLC boosted its holdings in shares of O'Reilly Automotive by 175,115.6% during the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock worth $2,610,507,000 after buying an additional 1,821,202 shares during the period. Vaughan Nelson Investment Management L.P. raised its stake in O'Reilly Automotive by 1,052.9% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock worth $155,240,000 after purchasing an additional 1,573,010 shares in the last quarter. Congress Asset Management Co. raised its stake in O'Reilly Automotive by 1,385.2% in the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock worth $142,449,000 after purchasing an additional 1,474,068 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in O'Reilly Automotive by 1,438.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer's stock worth $125,150,000 after purchasing an additional 1,298,307 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its stake in O'Reilly Automotive by 1,290.1% in the 2nd quarter. DAVENPORT & Co LLC now owns 1,132,357 shares of the specialty retailer's stock worth $101,627,000 after purchasing an additional 1,050,901 shares in the last quarter. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Price Performance

ORLY traded down $0.50 during mid-day trading on Tuesday, hitting $97.66. The stock had a trading volume of 5,511,084 shares, compared to its average volume of 4,425,804. The stock's fifty day simple moving average is $91.30 and its 200-day simple moving average is $89.76. The firm has a market capitalization of $83.48 billion, a price-to-earnings ratio of 34.91, a price-to-earnings-growth ratio of 2.67 and a beta of 0.58. O'Reilly Automotive has a 1-year low of $72.74 and a 1-year high of $100.10.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the business posted $10.55 earnings per share. As a group, research analysts expect that O'Reilly Automotive will post 43.94 earnings per share for the current fiscal year.

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.