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

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) has earned a consensus recommendation of "Buy" from the eighteen analysts that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $94.30.

ORLY has been the topic of several analyst reports. BMO Capital Markets lifted their target price on shares of O'Reilly Automotive from $96.67 to $100.00 and gave the company an "outperform" rating in a report on Friday, April 25th. UBS Group raised their price objective on shares of O'Reilly Automotive from $102.33 to $105.33 and gave the company a "buy" rating in a research report on Thursday, April 24th. Barclays boosted their target price on O'Reilly Automotive from $83.33 to $86.00 and gave the stock an "equal weight" rating in a research report on Monday, April 28th. Mizuho increased their target price on O'Reilly Automotive from $93.33 to $96.33 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Finally, Guggenheim restated a "buy" rating and issued a $98.33 price target on shares of O'Reilly Automotive in a research note on Monday, March 10th.

O'Reilly Automotive Trading Up 0.4%

O'Reilly Automotive stock opened at $88.23 on Friday. The stock has a 50 day moving average of $90.91 and a two-hundred day moving average of $88.16. O'Reilly Automotive has a twelve month low of $67.24 and a twelve month high of $97.22. The stock has a market capitalization of $75.42 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 2.39 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The specialty retailer reported $0.62 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.04). O'Reilly Automotive had a negative return on equity of 167.25% and a net margin of 14.10%. The company had revenue of $4.14 billion for the quarter, compared to analysts' expectations of $4.18 billion. During the same quarter last year, the company earned $0.61 EPS. O'Reilly Automotive's revenue for the quarter was up 4.0% compared to the same quarter last year. Equities analysts predict that O'Reilly Automotive will post 43.94 earnings per share for the current year.

Insider Activity

In other news, Director John Raymond Murphy sold 3,000 shares of the stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $91.93, for a total value of $275,800.00. Following the sale, the director now directly owns 4,560 shares in the company, valued at $419,216. This represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Ramon Parises Odems sold 30,000 shares of O'Reilly Automotive stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $90.70, for a total value of $2,720,900.00. Following the transaction, the senior vice president now owns 240 shares of the company's stock, valued at $21,767.20. This represents a 99.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,285 shares of company stock worth $3,022,386 over the last 90 days. 1.01% of the stock is currently owned by corporate insiders.

Institutional Trading of O'Reilly Automotive

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of Jackson Hole Trust acquired a new stake in O'Reilly Automotive during the first quarter worth approximately $25,000. HWG Holdings LP purchased a new position in shares of O'Reilly Automotive during the 1st quarter worth $26,000. Lee Danner & Bass Inc. acquired a new stake in shares of O'Reilly Automotive during the fourth quarter worth $28,000. HighMark Wealth Management LLC boosted its holdings in shares of O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares during the last quarter. Finally, Elequin Capital LP purchased a new stake in shares of O'Reilly Automotive in the first quarter valued at $30,000. 85.00% of the stock is currently owned by hedge funds and other 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.

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.