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

A number of research analysts recently issued reports on ORLY shares. Royal Bank of Canada decreased their target price on O'Reilly Automotive from $806.00 to $795.00 in a report on Friday, July 29th. Morgan Stanley lowered their price objective on O'Reilly Automotive from $650.00 to $635.00 and set an "equal weight" rating for the company in a research report on Thursday, July 28th. MKM Partners lifted their price target 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. Bank of America raised shares of O'Reilly Automotive from a "neutral" rating to a "buy" rating and set a $730.00 price objective on the stock in a research report on Tuesday, May 10th. Finally, The Goldman Sachs Group boosted their target price 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. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $754.50.

O'Reilly Automotive Price Performance

ORLY Stock opened at $743.76 on Thursday. The company has a market cap of $47.09 billion, a price-to-earnings ratio of 23.49, a price-to-earnings-growth ratio of 1.87 and a beta of 1.00. O'Reilly Automotive has a 12 month low of $562.90 and a 12 month high of $750.88. The company has a fifty day moving average price of $665.37 and a 200 day moving average price of $664.25.

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

Insider Buying and Selling at O'Reilly Automotive

In related news, SVP Jeffrey Lynn Groves purchased 175 shares of the firm's stock in a transaction that occurred on Monday, May 23rd. The stock was purchased at an average cost 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 in the company, valued at $412,967.17. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. In other O'Reilly Automotive news, SVP Jeffrey Lynn Groves acquired 175 shares of the stock in a transaction on Monday, May 23rd. The shares were bought at an average price of $572.77 per share, with a total value of $100,234.75. Following the acquisition, the senior vice president now owns 721 shares of the company's stock, valued at $412,967.17. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Raymond Murphy sold 300 shares of the stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of $705.49, for a total value of $211,647.00. Following the transaction, the director now directly owns 1,900 shares of the company's stock, valued at $1,340,431. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,944 shares of company stock worth $33,105,798. 1.73% of the stock is currently owned by insiders.