O’Reilly Automotive (NASDAQ:ORLY) Price Target Raised to $1,325.00 at Evercore ISI

O’Reilly Automotive (NASDAQ:ORLY) had its price objective hoisted by analysts at Evercore ISI from $1,315.00 to $1,325.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the specialty retailer’s stock. Evercore ISI’s price target points to a potential upside of 6.60% from the stock’s previous close.

A number of other analysts have also commented on ORLY. Bank of America lifted their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Morgan Stanley lifted their price target on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. Roth Mkm restated a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, October 16th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Finally, TD Cowen increased their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,248.06.

O’Reilly Automotive Stock Down 0.4 %

Shares of NASDAQ ORLY opened at $1,242.92 on Tuesday. O’Reilly Automotive has a 12-month low of $914.50 and a 12-month high of $1,255.40. The firm’s 50-day simple moving average is $1,198.24 and its 200 day simple moving average is $1,114.50. The company has a market cap of $71.75 billion, a price-to-earnings ratio of 30.75, a price-to-earnings-growth ratio of 2.53 and a beta of 0.93.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the previous year, the company posted $10.72 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities analysts expect that O’Reilly Automotive will post 40.85 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by insiders.

Institutional Investors Weigh In On O’Reilly Automotive

Several institutional investors have recently bought and sold shares of ORLY. Darwin Wealth Management LLC bought a new position in shares of O’Reilly Automotive during the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC boosted its holdings in O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive in the third quarter valued at $37,000. Princeton Global Asset Management LLC acquired a new stake in O’Reilly Automotive in the 3rd quarter valued at $41,000. Finally, Kings Path Partners LLC bought a new stake in O’Reilly Automotive during the 2nd quarter worth about $44,000. Institutional investors own 85.00% of the company’s stock.

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.