O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have earned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $1,130.67.

ORLY has been the topic of several analyst reports. StockNews.com cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. UBS Group decreased their price target on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research note on Thursday, July 18th. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, July 25th. Wells Fargo & Company decreased their price target on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th. Finally, Royal Bank of Canada decreased their price target on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th.

O’Reilly Automotive Trading Down 0.3 %

Shares of NASDAQ ORLY opened at $1,121.07 on Tuesday. The stock has a market cap of $66.02 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 2.15 and a beta of 0.92. O’Reilly Automotive has a 52 week low of $860.10 and a 52 week high of $1,169.11. The company’s 50-day moving average price is $1,053.70 and its 200 day moving average price is $1,057.37.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). The business had revenue of $4.27 billion during the quarter, compared to analyst estimates of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. O’Reilly Automotive’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the company posted $10.22 earnings per share. As a group, research analysts expect that O’Reilly Automotive will post 41.14 earnings per share for the current year.

Insider Activity at O’Reilly Automotive

In related news, Director Gregory D. Johnson sold 15,364 shares of O’Reilly Automotive stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the transaction, the director now owns 5,016 shares in the company, valued at approximately $5,698,978.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Dana Perlman sold 48 shares of the business’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the completion of the sale, the director now owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory D. Johnson sold 15,364 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the completion of the sale, the director now directly owns 5,016 shares of the company’s stock, valued at approximately $5,698,978.56. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 35,589 shares of company stock worth $39,989,614. 1.55% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Meeder Advisory Services Inc. boosted its stake in O’Reilly Automotive by 2.0% during the 4th quarter. Meeder Advisory Services Inc. now owns 1,292 shares of the specialty retailer’s stock valued at $1,228,000 after purchasing an additional 25 shares during the period. First National Bank of Hutchinson boosted its stake in O’Reilly Automotive by 31.1% during the 4th quarter. First National Bank of Hutchinson now owns 1,201 shares of the specialty retailer’s stock valued at $1,141,000 after purchasing an additional 285 shares during the period. Bleakley Financial Group LLC lifted its stake in shares of O’Reilly Automotive by 1.4% in the 4th quarter. Bleakley Financial Group LLC now owns 1,122 shares of the specialty retailer’s stock worth $1,066,000 after acquiring an additional 15 shares during the period. Fortune Financial Advisors LLC lifted its stake in shares of O’Reilly Automotive by 2.4% in the 4th quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock worth $2,325,000 after acquiring an additional 57 shares during the period. Finally, Dearborn Partners LLC lifted its stake in shares of O’Reilly Automotive by 13.1% in the 4th quarter. Dearborn Partners LLC now owns 285 shares of the specialty retailer’s stock worth $271,000 after acquiring an additional 33 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

About O’Reilly Automotive

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, Puerto Rico, and Mexico. 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.