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

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been assigned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $1,090.76.

A number of research analysts have commented on the stock. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Monday, March 25th. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Wedbush raised their target price on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. Stephens reissued an “overweight” rating and set a $1,060.00 target price on shares of O’Reilly Automotive in a research report on Tuesday, December 19th. Finally, The Goldman Sachs Group raised their target price on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday, February 9th.

Insider Buying and Selling

In related news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction that occurred 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 sale, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction that occurred 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 sale, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman David E. Oreilly sold 6,444 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the sale, the chairman now owns 205,095 shares of the company’s stock, valued at $217,933,947. The disclosure for this sale can be found here. Insiders sold 27,468 shares of company stock worth $28,769,333 in the last three months. Corporate insiders own 1.55% of the company’s stock.

Hedge Funds Weigh In On O’Reilly Automotive

Institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC purchased a new position in O’Reilly Automotive during the 2nd quarter worth approximately $25,000. Steward Financial Group LLC raised its position in O’Reilly Automotive by 141.7% during the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after buying an additional 17 shares during the last quarter. Rise Advisors LLC purchased a new position in O’Reilly Automotive during the 1st quarter worth approximately $36,000. Ancora Advisors LLC purchased a new position in O’Reilly Automotive during the 4th quarter worth approximately $30,000. Finally, Householder Group Estate & Retirement Specialist LLC purchased a new position in O’Reilly Automotive during the 3rd quarter worth approximately $34,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

ORLY stock opened at $1,095.74 on Wednesday. The company has a market capitalization of $64.68 billion, a PE ratio of 28.48, a P/E/G ratio of 2.03 and a beta of 0.86. O’Reilly Automotive has a 12 month low of $859.79 and a 12 month high of $1,169.11. The firm’s 50-day moving average is $1,086.68 and its 200 day moving average is $1,001.08.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, topping the consensus estimate of $9.07 by $0.19. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted $8.37 EPS. Sell-side analysts forecast that O’Reilly Automotive will post 42.09 EPS for the current fiscal 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.