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 Trading Up 0.4 %

Shares of NASDAQ:ORLY opened at $719.83 on Thursday. The firm's 50 day moving average is $653.23 and its two-hundred day moving average is $660.63. O'Reilly Automotive has a 52 week low of $562.90 and a 52 week high of $748.68. The firm has a market capitalization of $47.31 billion, a P/E ratio of 22.74, a PEG ratio of 1.80 and a beta of 1.00.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Stephens increased their price objective on shares of O'Reilly Automotive from $765.00 to $800.00 and gave the stock an "overweight" rating in a research note on Monday, August 1st. The Goldman Sachs Group increased their price objective on shares of O'Reilly Automotive from $667.00 to $745.00 and gave the stock a "buy" rating in a research note on Tuesday, August 2nd. Royal Bank of Canada dropped their price objective on shares of O'Reilly Automotive from $806.00 to $795.00 in a research note on Friday, July 29th. Citigroup increased their price objective on shares of O'Reilly Automotive from $662.00 to $720.00 in a research note on Thursday, July 28th. Finally, Truist Financial dropped their price objective on shares of O'Reilly Automotive from $788.00 to $770.00 and set a "buy" rating on the stock in a research note on Monday, July 25th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, O'Reilly Automotive presently has a consensus rating of "Moderate Buy" and a consensus price target of $749.23.

Insider Activity at O'Reilly Automotive

In related news, SVP Jeffrey Lynn Groves acquired 175 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were acquired at an average price of $572.77 per share, for a total transaction of $100,234.75. Following the completion of the purchase, the senior vice president now directly owns 721 shares of the company's stock, valued at $412,967.17. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, Director Lawrence P. Oreilly sold 5,050 shares of the firm's 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 in the company, valued at $63,654,667.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Jeffrey Lynn Groves bought 175 shares of O'Reilly Automotive stock in a transaction that occurred on Monday, May 23rd. The shares were acquired at an average price of $572.77 per share, with a total value of $100,234.75. Following the completion of the acquisition, the senior vice president now directly owns 721 shares of the company's stock, valued at approximately $412,967.17. The disclosure for this purchase can be found here. Insiders have sold 14,144 shares of company stock worth $9,971,252 over the last quarter. 1.73% of the stock is currently owned by company insiders.