O'Reilly Automotive (NASDAQ:ORLY) Given New $1,445.00 Price Target at Mizuho

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) had its price target lifted by investment analysts at Mizuho from $1,400.00 to $1,445.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an "outperform" rating on the specialty retailer's stock. Mizuho's price objective suggests a potential upside of 2.74% from the stock's current price.

Several other research analysts have also commented on ORLY. Morgan Stanley reissued an "overweight" rating on shares of O'Reilly Automotive in a report on Thursday, April 24th. Guggenheim restated a "buy" rating and issued a $1,475.00 target price on shares of O'Reilly Automotive in a research report on Monday, March 10th. Wells Fargo & Company boosted their target price on O'Reilly Automotive from $1,425.00 to $1,550.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 16th. BMO Capital Markets boosted their target price on O'Reilly Automotive from $1,450.00 to $1,500.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Finally, Wedbush boosted their target price on O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a "neutral" rating in a research report on Thursday, February 6th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $1,414.56.

O'Reilly Automotive Stock Up 0.5 %

ORLY traded up $7.25 during trading hours on Friday, hitting $1,406.48. The stock had a trading volume of 112,602 shares, compared to its average volume of 380,484. The company's fifty day simple moving average is $1,362.18 and its 200 day simple moving average is $1,279.80. O'Reilly Automotive has a 1 year low of $947.49 and a 1 year high of $1,458.37. The stock has a market cap of $80.51 billion, a PE ratio of 34.59, a price-to-earnings-growth ratio of 2.34 and a beta of 0.79.

O'Reilly Automotive's stock is going to split on the morning of 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 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 net margin of 14.28% and a negative return on equity of 166.88%. The company had revenue of $4.14 billion for the quarter, compared to analysts' expectations of $4.18 billion. During the same period in the previous year, the firm earned $9.20 EPS. The firm's quarterly revenue was up 4.0% compared to the same quarter last year. As a group, equities analysts expect that O'Reilly Automotive will post 43.94 EPS for the current year.

Insider Activity at O'Reilly Automotive

In related news, Director Maria Sastre sold 248 shares of O'Reilly Automotive stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the transaction, the director now directly owns 971 shares of the company's stock, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Jason Lee Tarrant sold 1,992 shares of O'Reilly Automotive stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the transaction, the executive vice president now directly owns 1,398 shares of the company's stock, valued at approximately $1,872,061.80. This trade represents a 58.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,894 shares of company stock valued at $10,409,618 in the last three months. Company insiders own 1.01% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Carolinas Wealth Consulting LLC boosted its position in shares of O'Reilly Automotive by 14.3% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock valued at $76,000 after buying an additional 8 shares during the period. Marcum Wealth LLC raised its stake 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 buying an additional 8 shares in the last quarter. Adero Partners LLC raised its stake 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 buying an additional 8 shares in the last quarter. Avior Wealth Management LLC raised its stake 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 buying an additional 8 shares in the last quarter. Finally, Advisory Alpha LLC raised its stake in O'Reilly Automotive by 4.4% in the fourth quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer's stock worth $255,000 after buying an additional 9 shares in the last quarter. 85.00% of the stock is 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.