O’Reilly Automotive, Inc. (NASDAQ:ORLY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been given a consensus recommendation of “Moderate Buy” by the fifteen research firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $1,123.64.

ORLY has been the subject of several research analyst reports. Truist Financial cut their target price on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a research note on Friday, April 26th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Evercore ISI upped their target price on shares of O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the stock an “outperform” rating in a report on Tuesday, May 14th. Mizuho assumed coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 target price on the stock. Finally, The Goldman Sachs Group upped their target price on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a report on Friday, February 9th.

Insider Transactions at O’Reilly Automotive

In related news, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at $726,740. The disclosure for this sale can be found here. Insiders sold 13,694 shares of company stock valued at $14,265,266 in the last ninety days. 1.18% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On O’Reilly Automotive

A number of hedge funds and other institutional investors have recently modified their holdings of ORLY. OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in shares of O’Reilly Automotive by 84.7% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,005 shares of the specialty retailer’s stock worth $913,000 after buying an additional 461 shares in the last quarter. Larson Financial Group LLC lifted its position in O’Reilly Automotive by 79.2% during the third quarter. Larson Financial Group LLC now owns 129 shares of the specialty retailer’s stock worth $117,000 after purchasing an additional 57 shares during the period. MGO One Seven LLC lifted its position in O’Reilly Automotive by 19.0% during the third quarter. MGO One Seven LLC now owns 439 shares of the specialty retailer’s stock worth $399,000 after purchasing an additional 70 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in O’Reilly Automotive by 3.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 25,447 shares of the specialty retailer’s stock worth $23,128,000 after purchasing an additional 844 shares during the period. Finally, Corient Private Wealth LLC lifted its position in O’Reilly Automotive by 2.9% during the third quarter. Corient Private Wealth LLC now owns 13,164 shares of the specialty retailer’s stock worth $11,965,000 after purchasing an additional 370 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.4 %

Shares of O’Reilly Automotive stock opened at $991.44 on Thursday. The firm has a fifty day simple moving average of $1,074.56 and a 200-day simple moving average of $1,027.69. O’Reilly Automotive has a 1-year low of $860.10 and a 1-year high of $1,169.11. The stock has a market capitalization of $58.39 billion, a price-to-earnings ratio of 25.16, a PEG ratio of 1.87 and a beta of 0.90.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. O’Reilly Automotive’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the company earned $8.28 earnings per share. As a group, research analysts predict that O’Reilly Automotive will post 41.93 earnings per share for the current year.

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.