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 Analysts Forecast Growth

Several research firms have commented on ORLY. MKM Partners lifted their target price on shares of O'Reilly Automotive from $700.00 to $770.00 and gave the stock a "buy" rating in a research note on Friday, July 29th. The Goldman Sachs Group lifted their target price on shares of O'Reilly Automotive from $667.00 to $745.00 and gave the company a "buy" rating in a report on Tuesday, August 2nd. Bank of America upgraded shares of O'Reilly Automotive from a "neutral" rating to a "buy" rating and set a $730.00 target price on the stock in a report on Tuesday, May 10th. Wells Fargo & Company cut their price objective on shares of O'Reilly Automotive from $800.00 to $750.00 and set an "overweight" rating on the stock in a report on Wednesday, June 8th. Finally, DA Davidson boosted their price objective on shares of O'Reilly Automotive from $740.00 to $815.00 in a report on Friday, July 29th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, O'Reilly Automotive has a consensus rating of "Moderate Buy" and an average target price of $749.23.

O'Reilly Automotive Trading Down 0.1 %

NASDAQ:ORLY opened at $719.41 on Friday. O'Reilly Automotive has a 52 week low of $562.90 and a 52 week high of $748.68. The stock has a market cap of $47.28 billion, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00. The company has a 50-day moving average price of $655.13 and a two-hundred day moving average price of $661.04.

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

Insider Transactions at O'Reilly Automotive

In other news, Chairman David E. Oreilly sold 7,145 shares of the company's stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $700.00, for a total value of $5,001,500.00. Following the completion of the sale, the chairman now directly owns 294,582 shares of the company's stock, valued at approximately $206,207,400. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Lawrence P. Oreilly sold 5,050 shares of the stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $710.17, for a total transaction of $3,586,358.50. Following the completion of the sale, the director now directly owns 89,633 shares of the company's stock, valued at $63,654,667.61. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman David E. Oreilly sold 7,145 shares of the stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $700.00, for a total transaction of $5,001,500.00. Following the sale, the chairman now directly owns 294,582 shares of the company's stock, valued at $206,207,400. The disclosure for this sale can be found here. In the last three months, insiders sold 14,144 shares of company stock valued at $9,971,252. Company insiders own 1.73% of the company's stock.