O'Reilly Automotive - ORLY Stock Forecast, Price & News

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. 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. Its stores offer auto body paint and related materials, automotive tools, and professional service provider service equipment. The company's stores also provide enhanced services and programs comprising used oil, oil filter, and battery recycling; battery, wiper, and bulb replacement; battery diagnostic testing; electrical and module testing; check engine light code extraction; loaner tool program; drum and rotor resurfacing; custom hydraulic hoses; and professional paint shop mixing and related materials. Its stores offer do-it-yourself and professional service provider customers a selection of products for domestic and imported automobiles, vans, and trucks. As of December 31, 2021, the company owned and operated 5,759 stores in the United States, and 25 stores in Mexico. O'Reilly Automotive, Inc. was founded in 1957 and is headquartered in Springfield, Missouri.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Morgan Stanley lowered their target price on shares of O'Reilly Automotive from $650.00 to $635.00 and set an "equal weight" rating for the company in a research note on Thursday, July 28th. DA Davidson raised their target price on shares of O'Reilly Automotive from $740.00 to $815.00 in a research note on Friday, July 29th. Stephens raised their target price on shares of O'Reilly Automotive from $765.00 to $800.00 and gave the company an "overweight" rating in a research note on Monday, August 1st. Citigroup raised their target price on shares of O'Reilly Automotive from $662.00 to $720.00 in a research note on Thursday, July 28th. Finally, Bank of America upgraded shares of O'Reilly Automotive from a "neutral" rating to a "buy" rating and set a $730.00 target price for the company in a research note on Tuesday, May 10th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, O'Reilly Automotive has an average rating of "Moderate Buy" and an average price target of $749.23.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock opened at $731.59 on Friday. The firm has a fifty day moving average price of $656.84 and a 200 day moving average price of $661.47. O'Reilly Automotive has a 1 year low of $562.90 and a 1 year high of $748.68. The stock has a market cap of $46.32 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 1.83 and a beta of 1.00.

O'Reilly Automotive (NASDAQ:ORLY - Get Rating) last issued its quarterly earnings results on Wednesday, July 27th. The specialty retailer reported $8.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $8.98 by ($0.20). The business had revenue of $3.67 billion for the quarter, compared to analysts' expectations of $3.71 billion. O'Reilly Automotive had a negative return on equity of 520.10% and a net margin of 15.55%. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $8.33 EPS. As a group, equities analysts expect that O'Reilly Automotive will post 31.56 EPS for the current year.

Insiders Place Their Bets

In other O'Reilly Automotive news, CFO Jeremy Adam Fletcher purchased 835 shares of the stock in a transaction on Friday, May 20th. The shares were bought at an average price of $600.00 per share, for a total transaction of $501,000.00. Following the completion of the transaction, the chief financial officer now owns 1,897 shares of the company's stock, valued at approximately $1,138,200. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other O'Reilly Automotive news, EVP Thomas Mcfall sold 300 shares of the firm's stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $724.62, for a total transaction of $217,386.00. Following the completion of the sale, the executive vice president now owns 5,872 shares of the company's stock, valued at $4,254,968.64. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Jeremy Adam Fletcher purchased 835 shares of the stock in a transaction dated Friday, May 20th. The shares were purchased at an average price of $600.00 per share, with a total value of $501,000.00. Following the completion of the transaction, the chief financial officer now owns 1,897 shares of the company's stock, valued at $1,138,200. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 29,444 shares of company stock worth $21,035,288. 1.73% of the stock is owned by corporate insiders.