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

O’Reilly Automotive, Inc. (NASDAQ:ORLY) has been assigned a consensus recommendation of “Moderate Buy” from the eighteen research firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $1,269.31.

Several research firms have weighed in on ORLY. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Royal Bank of Canada raised their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Barclays increased their price target on shares of O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Finally, StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday.

O’Reilly Automotive Trading Up 0.2 %

ORLY stock opened at $1,187.71 on Friday. The firm’s 50-day moving average price is $1,218.78 and its two-hundred day moving average price is $1,149.60. The stock has a market capitalization of $68.57 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 2.58 and a beta of 0.93. O’Reilly Automotive has a 12-month low of $914.50 and a 12-month high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $10.72 EPS. Equities analysts predict that O’Reilly Automotive will post 40.85 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’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 owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

Institutional Investors Weigh In On O’Reilly Automotive

Institutional investors have recently bought and sold shares of the business. SK Wealth Management LLC purchased a new position in O’Reilly Automotive during the third quarter valued at $341,000. Oddo BHF Asset Management Sas purchased a new stake in O’Reilly Automotive during the third quarter valued at $1,666,000. Peapack Gladstone Financial Corp increased its stake in O’Reilly Automotive by 2.3% during the third quarter. Peapack Gladstone Financial Corp now owns 1,133 shares of the specialty retailer’s stock worth $1,305,000 after acquiring an additional 25 shares during the last quarter. Destination Wealth Management bought a new position in shares of O’Reilly Automotive during the 3rd quarter valued at approximately $15,027,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in O’Reilly Automotive during the 3rd quarter valued at $184,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Company Profile

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.