Several other research analysts have also recently commented on ORLY. Citigroup cut shares of O’Reilly Automotive from a buy rating to a neutral rating and decreased their target price for the stock from $441.00 to $430.00 in a research report on Friday, September 13th. Royal Bank of Canada set a $428.00 target price on shares of O’Reilly Automotive and gave the stock a buy rating in a research report on Wednesday, August 7th. Zacks Investment Research cut shares of O’Reilly Automotive from a hold rating to a sell rating and set a $427.00 target price for the company. in a research report on Friday, July 19th. Wolfe Research upgraded shares of O’Reilly Automotive from a peer perform rating to an outperform rating and set a $436.00 target price for the company in a research report on Tuesday. Finally, Stephens decreased their target price on shares of O’Reilly Automotive from $440.00 to $430.00 and set an overweight rating for the company in a research report on Friday, July 26th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $408.71.
NASDAQ ORLY opened at $401.35 on Wednesday. O’Reilly Automotive has a 52 week low of $314.14 and a 52 week high of $414.63. The company has a current ratio of 0.85, a quick ratio of 0.10 and a debt-to-equity ratio of 37.43. The stock has a market cap of $30.25 billion, a price-to-earnings ratio of 24.93, a price-to-earnings-growth ratio of 1.59 and a beta of 0.72. The company has a 50-day moving average price of $391.57 and a two-hundred day moving average price of $384.45.
O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 EPS for the quarter, missing the consensus estimate of $4.67 by ($0.16). O’Reilly Automotive had a return on equity of 391.89% and a net margin of 13.69%. The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.61 billion. During the same quarter last year, the company posted $4.28 EPS. O’Reilly Automotive’s revenue for the quarter was up 5.4% on a year-over-year basis. As a group, equities research analysts expect that O’Reilly Automotive will post 17.54 earnings per share for the current fiscal year.
In other news, SVP Jason Lee Tarrant sold 651 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $370.69, for a total value of $241,319.19. Following the completion of the sale, the senior vice president now directly owns 1,941 shares of the company’s stock, valued at approximately $719,509.29. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jay D. Burchfield sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $381.08, for a total transaction of $381,080.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,773 shares of company stock valued at $669,481. Company insiders own 2.52% of the company’s stock.
Large investors have recently modified their holdings of the company. National Pension Service lifted its stake in shares of O’Reilly Automotive by 4.8% in the 2nd quarter. National Pension Service now owns 111,202 shares of the specialty retailer’s stock worth $41,069,000 after acquiring an additional 5,141 shares during the period. Deane Retirement Strategies Inc. lifted its stake in O’Reilly Automotive by 1.3% during the second quarter. Deane Retirement Strategies Inc. now owns 5,524 shares of the specialty retailer’s stock valued at $2,040,000 after purchasing an additional 73 shares during the last quarter. Profund Advisors LLC lifted its stake in O’Reilly Automotive by 11.8% during the second quarter. Profund Advisors LLC now owns 7,144 shares of the specialty retailer’s stock valued at $2,638,000 after purchasing an additional 753 shares during the last quarter. Investec Asset Management North America Inc. lifted its stake in O’Reilly Automotive by 24.1% during the second quarter. Investec Asset Management North America Inc. now owns 4,185 shares of the specialty retailer’s stock valued at $1,546,000 after purchasing an additional 812 shares during the last quarter. Finally, AlphaCrest Capital Management LLC acquired a new stake in O’Reilly Automotive during the first quarter valued at approximately $510,000. 85.67% of the stock is owned by institutional investors.
O’Reilly Automotive Company Profile
O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.
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