O'Reilly Automotive (NASDAQ:ORLY - Free Report) had its price objective boosted by BMO Capital Markets from $1,450.00 to $1,500.00 in a report published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the specialty retailer's stock.
Other research analysts have also recently issued reports about the company. Royal Bank of Canada upped their price objective on O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Guggenheim reiterated a "buy" rating and issued a $1,475.00 price objective on shares of O'Reilly Automotive in a report on Monday, March 10th. Barclays raised their price target on O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an "equal weight" rating in a research report on Friday, February 7th. Wedbush boosted their price objective on O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a "neutral" rating in a report on Thursday, February 6th. Finally, DA Davidson raised their target price on O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a "buy" rating in a report on Friday, February 7th. Two investment 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.com, the stock currently has an average rating of "Buy" and an average target price of $1,414.56.
View Our Latest Research Report on ORLY
O'Reilly Automotive Stock Performance
Shares of ORLY stock traded up $7.25 during trading hours on Friday, reaching $1,406.48. The company had a trading volume of 112,602 shares, compared to its average volume of 380,484. The stock has a fifty day moving average of $1,362.18 and a 200-day moving average of $1,279.80. The company has a market capitalization of $80.51 billion, a price-to-earnings ratio of 34.59, a PEG ratio of 2.34 and a beta of 0.79. O'Reilly Automotive has a 12-month low of $947.49 and a 12-month high of $1,458.37.
O'Reilly Automotive's stock is going to split before the market opens on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly issued shares will be distributed to shareholders after the market closes on Monday, June 9th.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $9.35 EPS 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 business had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.18 billion. During the same quarter in the prior year, the company posted $9.20 earnings per share. The company's revenue was up 4.0% on a year-over-year basis. On average, analysts forecast that O'Reilly Automotive will post 43.94 EPS for the current year.
Insider Transactions at O'Reilly Automotive
In other O'Reilly Automotive news, Director Maria Sastre sold 248 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the transaction, the director now owns 971 shares of the company's stock, valued at $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the transaction, the senior vice president now directly owns 275 shares in the company, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,894 shares of company stock valued at $10,409,618. Corporate insiders own 1.01% of the company's stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the stock. LBP AM SA purchased a new position in shares of O'Reilly Automotive in the 1st quarter valued at approximately $4,626,000. Cornerstone Planning Group LLC grew its stake in shares of O'Reilly Automotive by 127.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 41 shares of the specialty retailer's stock valued at $57,000 after purchasing an additional 23 shares during the last quarter. Principal Securities Inc. grew its stake in shares of O'Reilly Automotive by 1.3% in the 1st quarter. Principal Securities Inc. now owns 2,697 shares of the specialty retailer's stock valued at $3,864,000 after purchasing an additional 35 shares during the last quarter. Linden Thomas Advisory Services LLC grew its stake in shares of O'Reilly Automotive by 3.1% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 2,935 shares of the specialty retailer's stock valued at $4,205,000 after purchasing an additional 89 shares during the last quarter. Finally, Greenleaf Trust grew its stake in shares of O'Reilly Automotive by 2.3% in the 1st quarter. Greenleaf Trust now owns 1,911 shares of the specialty retailer's stock valued at $2,738,000 after purchasing an additional 43 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
About O'Reilly Automotive
(
Get Free Report)
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.
See Also
Before you consider O'Reilly Automotive, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O'Reilly Automotive wasn't on the list.
While O'Reilly Automotive currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
