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

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have received an average recommendation of "Buy" from the eighteen research firms that are 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 issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $94.30.

Several equities research analysts have recently commented on the company. Mizuho boosted their price objective on O'Reilly Automotive from $93.33 to $96.33 and gave the company an "outperform" rating in a report on Friday, April 25th. Wall Street Zen raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Guggenheim restated a "buy" rating and set a $98.33 price target on shares of O'Reilly Automotive in a research note on Monday, March 10th. BMO Capital Markets upped their price objective on shares of O'Reilly Automotive from $96.67 to $100.00 and gave the stock an "outperform" rating in a report on Friday, April 25th. Finally, DA Davidson lifted their price objective on shares of O'Reilly Automotive from $101.67 to $106.67 and gave the company a "buy" rating in a report on Friday, April 25th.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Najera Jose A. Montellano sold 285 shares of the company's stock in a transaction on Thursday, May 29th. The stock was 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, Director John Raymond Murphy sold 3,000 shares of the business's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $91.93, for a total transaction of $275,800.00. Following the completion of the transaction, the director directly owned 4,560 shares in the company, valued at $419,216. This trade represents a 39.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,285 shares of company stock valued at $3,022,386. 1.01% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC lifted its stake in O'Reilly Automotive by 175,115.6% in the first quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares during the last quarter. Norges Bank bought a new stake in shares of O'Reilly Automotive in the fourth quarter valued at $867,190,000. Nuveen LLC purchased a new position in shares of O'Reilly Automotive during the 1st quarter valued at $897,549,000. Proficio Capital Partners LLC grew its stake in shares of O'Reilly Automotive by 205,600.0% during the 4th quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer's stock worth $597,602,000 after acquiring an additional 503,720 shares during the period. Finally, Wellington Management Group LLP grew its stake in shares of O'Reilly Automotive by 20.8% during the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock worth $2,757,148,000 after acquiring an additional 330,964 shares during the period. 85.00% of the stock is owned by institutional investors.

O'Reilly Automotive Trading Up 1.1%

NASDAQ ORLY traded up $0.97 on Friday, hitting $90.13. 5,367,939 shares of the company were exchanged, compared to its average volume of 5,517,869. The company has a market cap of $77.05 billion, a PE ratio of 33.13, a PEG ratio of 2.43 and a beta of 0.60. The stock has a fifty day moving average of $90.84 and a 200-day moving average of $88.24. O'Reilly Automotive has a 12 month low of $67.24 and a 12 month high of $97.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $4.18 billion. During the same period 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. On average, analysts expect 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.