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.

O'Reilly Automotive Price Performance

Shares of ORLY opened at $712.27 on Tuesday. O'Reilly Automotive has a 1 year low of $562.90 and a 1 year high of $748.68. The stock's fifty day moving average price is $651.63 and its two-hundred day moving average price is $660.23. The firm has a market cap of $46.81 billion, a PE ratio of 22.50, a PEG ratio of 1.80 and a beta of 1.00.

O'Reilly Automotive (NASDAQ:ORLY - Get Rating) last announced its quarterly earnings data 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 firm had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.71 billion. O'Reilly Automotive had a net margin of 15.55% and a negative return on equity of 520.10%. The company's revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $8.33 earnings per share. Sell-side analysts anticipate that O'Reilly Automotive will post 31.56 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ORLY shares. MKM Partners lifted their price objective on shares of O'Reilly Automotive from $700.00 to $770.00 and gave the stock a "buy" rating in a report on Friday, July 29th. Stephens boosted their price target on shares of O'Reilly Automotive from $765.00 to $800.00 and gave the stock an "overweight" rating in a report on Monday, August 1st. Wells Fargo & Company decreased their price objective on shares of O'Reilly Automotive from $800.00 to $750.00 and set an "overweight" rating for the company in a research note on Wednesday, June 8th. Citigroup boosted their target price on O'Reilly Automotive from $662.00 to $720.00 in a research note on Thursday, July 28th. Finally, Royal Bank of Canada reduced their target price on O'Reilly Automotive from $806.00 to $795.00 in a report on Friday, July 29th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $749.23.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, Chairman David E. Oreilly sold 7,145 shares of the business's stock in a transaction 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 owns 294,582 shares of the company's stock, valued at approximately $206,207,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other O'Reilly Automotive news, Chairman David E. Oreilly sold 7,145 shares of the firm's stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $700.00, for a total value of $5,001,500.00. Following the completion of the transaction, the chairman now owns 294,582 shares in the company, valued at approximately $206,207,400. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lawrence P. Oreilly sold 5,050 shares of the company's stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $710.17, for a total value of $3,586,358.50. Following the sale, the director now owns 89,633 shares in the company, valued at $63,654,667.61. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,144 shares of company stock worth $9,971,252. 1.73% of the stock is owned by corporate insiders.