Goldman Sachs Group began coverage on shares of O’Reilly Automotive (NASDAQ:ORLY) in a research note issued to investors on Thursday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $440.00 price objective on the specialty retailer’s stock.
Several other brokerages also recently commented on ORLY. BidaskClub raised Viacom from a sell rating to a hold rating in a report on Friday, July 5th. Zacks Investment Research downgraded Heritage Insurance from a hold rating to a strong sell rating in a report on Friday, April 26th. Northcoast Research reissued a neutral rating on shares of Advance Auto Parts in a report on Thursday, June 27th. Evercore ISI initiated coverage on Polarityte in a report on Wednesday, March 20th. They issued an outperform rating and a $26.00 target price on the stock. Finally, Wells Fargo & Co boosted their target price on Tractor Supply from $108.00 to $114.00 and gave the stock an outperform rating in a report on Thursday, April 18th. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $382.71.
Shares of ORLY opened at $401.83 on Thursday. The firm has a market cap of $31.50 billion, a P/E ratio of 24.96, a P/E/G ratio of 1.47 and a beta of 0.73. The company has a quick ratio of 0.10, a current ratio of 0.84 and a debt-to-equity ratio of 13.67. O’Reilly Automotive has a one year low of $283.39 and a one year high of $414.63. The stock has a 50 day simple moving average of $379.00.
O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, April 24th. The specialty retailer reported $4.05 EPS for the quarter, hitting the consensus estimate of $4.05. The business had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.44 billion. O’Reilly Automotive had a return on equity of 333.23% and a net margin of 13.87%. O’Reilly Automotive’s revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $3.61 EPS. Sell-side analysts anticipate that O’Reilly Automotive will post 17.74 EPS for the current fiscal year.
In other O’Reilly Automotive news, Director John Raymond Murphy sold 528 shares of the company’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $361.05, for a total transaction of $190,634.40. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.52% of the stock is currently owned by corporate insiders.
Large investors have recently bought and sold shares of the business. Cobiz Wealth LLC lifted its holdings in O’Reilly Automotive by 2.8% during the 1st quarter. Cobiz Wealth LLC now owns 22,395 shares of the specialty retailer’s stock worth $8,696,000 after buying an additional 606 shares in the last quarter. Sigma Planning Corp lifted its stake in shares of O’Reilly Automotive by 43.3% in the 1st quarter. Sigma Planning Corp now owns 874 shares of the specialty retailer’s stock valued at $339,000 after purchasing an additional 264 shares during the period. McKinley Carter Wealth Services Inc. lifted its stake in shares of O’Reilly Automotive by 6.4% in the 1st quarter. McKinley Carter Wealth Services Inc. now owns 10,250 shares of the specialty retailer’s stock valued at $3,980,000 after purchasing an additional 614 shares during the period. Sowell Financial Services LLC lifted its stake in shares of O’Reilly Automotive by 45.9% in the 4th quarter. Sowell Financial Services LLC now owns 3,343 shares of the specialty retailer’s stock valued at $1,151,000 after purchasing an additional 1,051 shares during the period. Finally, Brown Advisory Inc. lifted its stake in shares of O’Reilly Automotive by 22.1% in the 4th quarter. Brown Advisory Inc. now owns 4,058 shares of the specialty retailer’s stock valued at $1,397,000 after purchasing an additional 734 shares during the period. 85.46% of the stock is currently owned by hedge funds and other 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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