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

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have received a consensus rating of "Buy" from the eighteen analysts that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, fourteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $1,414.56.

Several analysts have recently weighed in on ORLY shares. Guggenheim reiterated a "buy" rating and set a $1,475.00 target price on shares of O'Reilly Automotive in a research report on Monday, March 10th. UBS Group lifted their target price on shares of O'Reilly Automotive from $1,535.00 to $1,580.00 and gave the company a "buy" rating in a research report on Thursday, April 24th. BMO Capital Markets lifted their price objective on O'Reilly Automotive from $1,450.00 to $1,500.00 and gave the company an "outperform" rating in a report on Friday, April 25th. Wells Fargo & Company lifted their price objective on O'Reilly Automotive from $1,425.00 to $1,550.00 and gave the company an "overweight" rating in a report on Wednesday, April 16th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of O'Reilly Automotive in a report on Thursday, April 24th.

Insiders Place Their Bets

In related news, Director John Raymond Murphy sold 200 shares of the company's stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $1,379.00, for a total transaction of $275,800.00. Following the transaction, the director now owns 304 shares in the company, valued at $419,216. This represents a 39.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Najera Jose A. Montellano sold 19 shares of the company's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $1,351.91, for a total transaction of $25,686.29. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,219 shares of company stock valued at $3,022,386. 1.01% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On O'Reilly Automotive

Large investors have recently modified their holdings of the stock. Carolinas Wealth Consulting LLC lifted its holdings in O'Reilly Automotive by 14.3% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock worth $76,000 after buying an additional 8 shares in the last quarter. Marcum Wealth LLC lifted its holdings in O'Reilly Automotive by 4.0% during the 1st quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock worth $301,000 after buying an additional 8 shares in the last quarter. Adero Partners LLC lifted its holdings in O'Reilly Automotive by 1.9% during the 1st quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock worth $609,000 after buying an additional 8 shares in the last quarter. Avior Wealth Management LLC lifted its stake in shares of O'Reilly Automotive by 3.5% during the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after acquiring an additional 8 shares during the period. Finally, Lindbrook Capital LLC lifted its stake in shares of O'Reilly Automotive by 2.6% during the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock valued at $448,000 after acquiring an additional 8 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded up $5.21 during trading on Monday, hitting $1,371.80. 265,949 shares of the stock were exchanged, compared to its average volume of 376,784. O'Reilly Automotive has a 1-year low of $969.70 and a 1-year high of $1,458.37. The company has a market capitalization of $78.18 billion, a price-to-earnings ratio of 33.74, a price-to-earnings-growth ratio of 2.34 and a beta of 0.64. The company's fifty day simple moving average is $1,375.05 and its 200-day simple moving average is $1,309.99.

O'Reilly Automotive's stock is going to split before the market opens on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly created shares will be issued to shareholders after the closing bell on Monday, June 9th.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The specialty retailer reported $9.35 earnings per share for the quarter, missing analysts' consensus estimates 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 analyst estimates of $4.18 billion. During the same quarter in the prior year, the firm earned $9.20 EPS. The firm's quarterly revenue was up 4.0% on a year-over-year basis. On average, research analysts forecast 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.