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

Key Points

• O'Reilly Automotive has received a consensus recommendation of "Buy" from 19 research firms, with an average price target of $104.40.
• Recent analyst upgrades include target price increases from UBS to $115.00 and BMO Capital Markets to $110.00, both maintaining a "buy" rating.
• Insider activities revealed significant share sales, including SVP Mark Joseph Merz selling 29,505 shares, which marked an 87.45% decrease in his position.

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have been assigned an average rating of "Buy" from the nineteen research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $104.40.

ORLY has been the topic of several recent research reports. UBS Group upped their target price on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. BMO Capital Markets boosted their price target on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Argus started coverage on shares of O'Reilly Automotive in a report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target for the company. Guggenheim boosted their price target on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, Citigroup boosted their price target on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, July 25th.

Insider Activity

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of the business's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the completion of the transaction, the senior vice president owned 4,234 shares in the company, valued at $415,990.50. The trade was a 87.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 125,635 shares of company stock worth $12,740,916. Insiders own 1.01% of the company's stock.

Institutional Trading of O'Reilly Automotive

Several institutional investors have recently modified their holdings of ORLY. Carolinas Wealth Consulting LLC boosted its position in O'Reilly Automotive by 14.3% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock worth $76,000 after purchasing an additional 8 shares during the last quarter. Marcum Wealth LLC boosted its position in O'Reilly Automotive by 4.0% in the first quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock worth $301,000 after purchasing an additional 8 shares during the last quarter. Adero Partners LLC boosted its position in O'Reilly Automotive by 1.9% in the first quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock worth $609,000 after purchasing an additional 8 shares during the last quarter. Avior Wealth Management LLC boosted its position in O'Reilly Automotive by 3.5% in the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock worth $342,000 after purchasing an additional 8 shares during the last quarter. Finally, Lindbrook Capital LLC boosted its position in O'Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock worth $448,000 after purchasing an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Up 0.5%

Shares of ORLY opened at $106.92 on Wednesday. O'Reilly Automotive has a fifty-two week low of $73.11 and a fifty-two week high of $107.08. The firm's 50 day moving average price is $99.13 and its 200 day moving average price is $93.69. The company has a market cap of $90.72 billion, a P/E ratio of 38.22, a PEG ratio of 2.81 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced 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. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period in the prior year, the firm earned $10.55 EPS. The firm's revenue for the quarter was up 5.9% on a year-over-year basis. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts forecast 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.

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