O'Reilly Automotive (NASDAQ:ORLY) Announces Earnings Results, Hits Expectations

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) posted its quarterly earnings results on Wednesday. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78, Zacks reports. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a negative return on equity of 176.39% and a net margin of 14.15%. The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $10.55 EPS. O'Reilly Automotive updated its FY 2025 guidance to 2.850-2.950 EPS.

O'Reilly Automotive Stock Performance

Shares of NASDAQ ORLY traded down $0.50 during trading hours on Friday, hitting $97.66. 5,507,043 shares of the stock were exchanged, compared to its average volume of 5,747,700. O'Reilly Automotive has a 1-year low of $72.74 and a 1-year high of $100.10. The company has a market cap of $83.48 billion, a PE ratio of 34.91, a price-to-earnings-growth ratio of 2.60 and a beta of 0.58. The company's fifty day simple moving average is $91.19 and its two-hundred day simple moving average is $89.64.

Analyst Ratings Changes

Several research firms have weighed in on ORLY. UBS Group boosted their price target on O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday. Mizuho raised their price objective on O'Reilly Automotive from $93.33 to $96.33 and gave the company an "outperform" rating in a research report on Friday, April 25th. Royal Bank Of Canada raised their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research report on Friday. Evercore ISI raised their price objective on O'Reilly Automotive from $97.00 to $107.00 and gave the company an "outperform" rating in a research report on Friday. Finally, Wall Street Zen raised O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, O'Reilly Automotive currently has a consensus rating of "Buy" and a consensus target price of $101.49.

Insider Buying and Selling at O'Reilly Automotive

In related news, Director John Raymond Murphy sold 3,000 shares of the stock in a transaction on Monday, May 19th. The stock was sold at an average price of $91.93, for a total value of $275,800.00. Following the completion of the sale, the director directly owned 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 SEC, which is available at this hyperlink. Also, SVP Ramon Parises Odems sold 30,000 shares of the stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the sale, the senior vice president directly owned 240 shares of the company's stock, valued at $21,767.20. This represents a 99.21% decrease in their position. 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 three months. Corporate insiders own 1.01% of the company's stock.

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.